LBMA Gold and Silver Price ICE Benchmark Administration

The benchmarks in British Pounds and Euros are not tradeable directly through the auction. Silver is priced in troy ounces, which differ from regular ounces. Whenever you see a reference to the price of an ounce of silver, it is the troy ounce price. This is the wholesale price against which all retail silver products are priced. It makes it easy to compare the prices of the different silver products on offer. The price for an ounce of silver can be found at the top of this page.

Current Auction Participants

Geopolitical events, economic policies, industrial demand and technological advances also influence prices, as do speculative activities and market sentiment. However, it’s possible to track the real-time changing price of silver in kg, plus daily, weekly, monthly and yearly trends from the last 20 years using BullionVault’s live silver price chart above. Exchange-rates.org has been a leading provider of currency exchange rates and commodity prices for nearly 20 years. Our information is trusted by millions of users across the globe each month . We have been featured in some of the most prestigious financial publications in the world including silver live chart uk Business Insider, Investopedia, Washington Post, and CoinDesk.

Follow this real-time UK Brent price chart to speculate on the price movements of the UK Brent/USD pair. So, to work out the 1kg silver price in the US simply divide 1,000 by 31.1 and multiply by the current silver spot price (available at the top of the page) then add or subtract the current premium for the bar. Articles exploring silver prices and analysing their relationship with the financial markets are published on BullionVault’s Gold News each day. Additionally, once you open a BullionVault account, you can opt-in to receive the Weekly Market Update.

Gold price, WTI crude price and natural gas price higher in early trading​

In the last 9 years, the highest price of silver in the UK was £26.810 per ounce on October 22, 2024. The lowest price per ounce of silver in the last year was £17.370 on January 22, 2024. The average price per ounce of silver in the last year was £22.228. Historical silver price data can be helpful when you’re tracking trends and evaluating past performance. It’s important to understand that the spot price shown above on BullionVault’s chart is provided for reference.

Look no further for silver spot prices!

As with any investment, it is not possible to create a 100% reliable projection or forecast for future performance. We give you the fastest silver price updates online, with live data processed about every 10 seconds. This chart also gives you up to 20 years of historical data, so you can see long-term pricing trends from past years.

Prices are updated throughout the day to reflect the most recent changes in the market. It is the front month futures contract traded on the futures exchanges, with the most volume that tends to determine the spot price of silver today. Generally the nearest contract has the least volume as it is closest to expiring and so positions may have already been rolled. So we look to the contract with the most volume as this is where participants are trading for either hedging or speculation purposes. The silver price is determined by supply and demand, interest rates, inflation and currency fluctuations.

It is a store of value and has preserved its purchasing power over long periods of time. Most data tables can be analyzed using «Views.» A View simply presents the symbols on the page with a different set of columns. For reference, we include the date and timestamp of when the list was last updated at the top right of the page.

The silver price in USD displayed above is updated live, every minute. Create a chart for any currency pair in the world to see their currency history. These currency charts use live mid-market rates, are easy to use, and are very reliable. The Daily Price of silver is determined by London’s biggest bullion banks, who agree on a price to clear their outstanding client and inhouse orders at a fixed time each day. The London Bullion Market Association publishes this price on its website. The prices during the auction are determined by an algorithm that takes into account current market conditions and the activity in the auction.

Unique to Barchart.com, data tables contain an option that allows you to see more data for the symbol without leaving the page. Click the «+» icon in the first column (on the left) to view more data for the selected symbol. Scroll through widgets of the different content available for the symbol. The «More Data» widgets are also available from the Links column of the right side of the data table. The list of symbols included on the page is updated every 10 minutes throughout the trading day. However, new stocks are not automatically added to or re-ranked on the page until the site performs its 10-minute update.

1. The current spot price for an ounce of silver is quoted at the top of this page.
2. Brent crude is also known as London Brent, North Sea Oil, Brent Blend, and Brent petroleum, and it is extracted from the North Sea.
3. Silver has a larger supply volume than gold, but it is increasingly hard to extract.
4. The silver price in EUR displayed above is updated live, every minute.
5. For example, are they adopting a long-term view or day trading?

Brent crude is currently trading at $85.67 per barrel in January 2022, compared to $74.17 per barrel in December 2021. Silver bullion is priced and traded internationally in US dollars. It is the US dollar price of silver that is referenced in the financial media. Demand is also driven by investor demand for physical bars and coins, as well as silver-backed ETFs.

The LBMA Gold Price and LBMA Silver Price benchmark settings are available under licence from IBA (including for valuation and pricing activities and for use in transactions). Prospective licensees should contact IBA’s licensing team at email protected for information on how to obtain a usage licence from IBA. IG International Limited is licensed to conduct investment business and digital asset business by the Bermuda Monetary Authority. Open a free, no-risk demo account to stay on top of commodity movement and important events.

Silver Price in Euro – European Union

1. It is the front month futures contract with the most volume that tends to determine the spot price of silver today.
2. PXBT Trading Ltd, is a licensed Securities Dealer in Seychelles under License No.
3. Therefore, any accounts claiming to represent IG International on Line are unauthorized and should be considered as fake.
4. No Daily Price is published on Saturday or Sunday, or on certain UK public holidays.
5. For dynamically-generated tables (such as a Stock or ETF Screener) where you see more than 1000 rows of data, the download will be limited to only the first 1000 records on the table.
6. These trades will be submitted for the Direct Participant by ICE Metals Broking.

With PrimeXBT Copy Trading, just follow experts and copy their trades to start your trading journey. It is also worth noting that often it can be uneconomical to extract and recycle small amounts of silver from technological items such as mobile phones, so very often it is not recycled. Pages are initially sorted in a specific order (depending on the data presented).