Share on Facebook247Tweet about this on Twitter101Share on Google+6
Share: 

Live Spot Silver Prices: Price of Silver Per Ounce

Current Spot Silver Per Ounce
$18.72   -0.01   -0.05%

Sep 17, 2014, 1:34 PM EST

This live silver spot price chart shows today’s price of silver per ounce in real time. Spot silver prices are derived from multiple feeds that reflect 24-hour silver trading across New York, London and Asia.
Chart Loading

Loading Spot Silver Price Per Ounce Chart

If your browswer doesn’t support Flash, see the alternate non-flash / mobile silver chart.

Spot silver is active Sun 6 PM – Fri 5:15 PM EST, with a 45-minute break at 5:15 PM daily. The live silver chart begins streaming at 6:00 PM Sunday evening. Current spot and New York closing prices use the Midpoint between Bid and Ask. Dollar and percentage change are calculated off the most recent NY close.

Spot Silver NY Close More Closing Prices Close Date Price / Ounce $ Change % Change
Image of a chart with closing spot silver prices over 5 days. 09-16-2014 $18.73 ▲ 0.06 +0.32%
09-15-2014 $18.67 ▲ 0.03 +0.16%
09-12-2014 $18.64 ▼ 0.06 -0.32%
09-11-2014 $18.70 ▼ 0.26 -1.37%
09-10-2014 $18.96 ▼ 0.11 -0.58%

Tracking the Price for an Ounce of Silver

Silver bullion buyers will find these spot charts useful when tracking current silver prices or timing incremental purchases. Spot prices are the underlying basis for pricing silver bullion products, which are typically quoted as a certain premium (dollar amount) above current spot. It doesn’t matter how many ounces of silver are in the round, coin or bar being purchased. This is why the price per ounce for silver is frequently expressed as “spot silver.” Physical silver bullion prices are then quoted at a premium “over spot,” which refers to the incremental amount you pay in addition to spot silver itself.

Provident 10 Ounce Silver Bar

Good Idea: 10 Ounce Silver Bars - $0.65 Over Spot Per Ounce - Any Quantity

Ten ounce silver bars may be the most convenient and economical way to purchase and store silver bullion. Brand new, high quality, IRA approved silver bars, minted by OPM, can be purchased for as low as $0.65 over spot per ounce. These bars come sealed in plastic, and are a popular way to buy silver in bulk. Provident is a precious metals powerhouse offering industry leading service and unbeatable pricing on the most popular silver bullion products. - View Bars and Prices

The casual trader will find current silver price charts useful for understanding global trends over a variety of time-frames. The primary chart can be set to display candlesticks from single ticks to monthly time-frames. Trend-lines for identifying areas of possible support and resistance update automatically on the alternative silver price trends chart. You should only use the trend-lines to develop ideas about the potential direction for silver prices because they shift as price moves. These trend-lines are based on highs and lows, off fixed calculations, so different interpretations are possible.

The alternate silver chart shows Forex silver prices with an array of technical indicators, custom parameters and drawing tools. Volume bars are also included. Silver prices are displayed in your your local time zone by default, but you can also switch to UTC time. Be forewarned, it sometimes comes up blank.

The 24-Hour Kitco Silver Charts are another option in the sub-menu. These popular and unique charts reflect 3-days of spot silver price trends superimposed over a 24-hour period. This chart includes trading times for various exchanges around the world on the bottom axis. They are quite useful for a very quick assessment of near-term silver spot price trends.

Today’s Silver News and Opinion

Here we provide select items relevant to silver investors and traders from the Blogosphere. The opinion pieces and hand-picked articles are things found to be enlightening, important or interesting. They frequently contain silver price predictions from important voices in silver investing.

Select Articles:

Silver News:

News items are generated by an automated feed. View More Gold and Silver News on PMBull

Daily Silver Price Performance Based on New York Close

Are silver prices up or down today? While spot silver trades 24 hours, a fixed closing price is needed to report daily silver performance on any given day. The 45 minute break in New York Globex silver trading at 5:15 PM EST is a convenient point for establishing a daily closing price. In our opinion, this is the most ideal choice for tracking silver’s price per ounce because of its proximity to the U.S. Equity market close. It is also near the end of the U.S. work day. Other options for a daily closing silver price include the end of floor trading on COMEX at 1:30 PM EST each day, or the London AM or PM Fix. For the reasons stated above, PMBull chooses to use the end of Access Market trading on Globex each day for calculating daily silver price performance. This page provides closing New York silver prices, with gains and losses, for the past 5 days.

The Difference Between Ounce and Troy Ounce

It should be noted that gold and silver prices quoted as “per ounce” are generally referring to troy ounces. There is a meaningful difference between the two and many sites, this one included, do not state that difference frequently enough. Here is the basic difference in a nutshell:

Standard Ounce (oz) Troy Ounce (ozt)
28.3495231 Grams of Silver 31.1034768 Grams of Silver
437.5 Grains of Silver 480.0 Grains of Silver

So what is being referenced on the typical silver web site? “Price Per Ounce” with respect to silver bullion is typically a short-hand version for referencing “Price Per Troy Ounce.” Dig deeper and you will find that some dealers, like Provident, make it more explicitly clear by abbreviating “Troy Ounce” as “Ozt” in the specifications for various silver coins, bars and rounds. For more information on the difference, see the popular CoinTrackers Website where you can also find pricing on silver junk coins, melt value calculators, numismatic coins and other interesting tidbits. The valuable coin listings are nice and the calculators are quite helpful.

Alternate Currencies

Precious metals, including silver, trade like currencies. Price is only truly relevant to the buyer in his or her own currency. This site displays silver prices in U.S. Dollars. Those referencing PMBull who must transact in something other than the U.S. dollar will need to convert the dollar price of silver into their own currency using a currency calculator. Google makes currency conversion easy to do. If you need something a little more robust, try the currency converter at XE.com.

About PMBull Silver Price Data and News Feeds

PMBull’s prior close table and silver-trend charts use rounded 5:15 PM EST New York closing prices for calculating percentage gains and losses. Silver spot price gains and losses reset to zero at that time. The live silver chart uses a different quote feed, so its calculated percentage gains or losses will be slightly different compared to those shown at the top of the page. Despite this, the live silver chart should display your local time by default. If you use the Non-Flash / Technical silver chart, it will display the GMT time-zone by default, but you may change this to your local time-zone in the settings menu. The 5-Day Silver Spot Price chart is a static image that is periodically updated, at least once per day, as conditions warrant.

News items are obtained through a Google News RSS Feed query on the keywords “Silver Trading Price.” All silver prices and charts on PMBull are obtained through various third parties. They are presented for informational purposes only. While we believe they reflect current, real time silver trading and are a reasonable representation of the price per ounce of silver, PMBull does not guarantee the accuracy, nor the timeliness, of any data presented on this site. PMBull is not responsible for prices displayed and nothing on this site should be construed as a live quote for trading or investment purposes, nor as recommendations to buy or sell any investment. Please read our full Terms of Service, Privacy Policy and Disclaimer.

Updated by