Silver has had a very volatile price history. Below are some of the major spikes and troughs of silver value; 1965: Silver was trading at a dollar an ounce. 1980: Its value peaked at over $50 dollars an ounce. 1992: Silver traded for as low as $3 dollars. 2011: It traded at almost $49 dollars. The current silver spot price is $12.85 per ounce. This live chart show’s today’s silver price in real-time. Spot prices are derived from 24-hour trading around the world and are the basis upon which silver dealers set the price for physical metal. Buyers watch spot prices for short-term dips as an opportunity to accumulate more bullion. Silver at spot price is the live price one ounce can be bought or sold for immediate delivery. When people refer to the silver spot price, or the spot price of any precious metal, they are actually referring to the price at which the metal may be exchanged and delivered upon at that very minute. In other words, the spot price is the price at which silver is currently trading. Virtually any competent online silver bullion dealers host live silver spot prices quoted real-time on their website. These silver spot price feeds get typically based or measured in their local fiat currency (e.g., fiat US dollars, fiat Canadian dollars, fiat euros, fiat pounds, Silver prices have tremendous potential, they are historically quite low, and silver prices can move up fast. For instance, between 1979 and 1980, silver’s value rose by 700%. Silver Spot Factors. Several factors can influence the price of silver. Global supply and demand is a big factor. Many industries rely on silver for their products.
Weight, Silver Spot Price in Indian Rupees (INR) This calculator uses the current Silver Price Calculator price for India only. Other prices for other countries ,
See live and historical Silver Spot Price Charts here. Find what the Silver Price Today is and what historic Silver Spot Prices have been in this full fiat currency When it comes to spot prices, such as the spot price for gold or silver, there seems to It is important for one to understand what the spot price actually means. The price of silver is notoriously volatile compared to that of gold because of which meant that one troy ounce of gold was worth 15 troy ounces of silver; to $3.50 oz over silver spot prices depending on market conditions. Learn about spot prices and how that relates to the price of physical gold and silver in James Anderson's Beginners' Guide to buying physical gold and silver
Silver prices have tremendous potential, they are historically quite low, and silver prices can move up fast. For instance, between 1979 and 1980, silver’s value rose by 700%. Silver Spot Factors. Several factors can influence the price of silver. Global supply and demand is a big factor. Many industries rely on silver for their products.
The price of silver has been increasing steadily for several years since the supply of silver cannot meet the high and constant demand. In fact silver supplies are diminishing. The spot price of Silver is the current price in the Precious Metals marketplace at which a raw ounce of Silver can be bought and sold for immediate delivery. The spot price fluctuates constantly, making it important for investors to stay up to date on current events, market conditions and other performance indicators, as they affect both the buying and selling of Precious Metals.