Silver Price Per Ounce

View the live silver price with Kinesis’ charts from the physical silver bullion market, displaying live data from the Kinesis Exchange.

Kinesis’ chart allows you to view the live data on the silver price per ounce, with more time frames available.

27.87 USD
-6.17

(1D)

With Kinesis, you can purchase physical silver bullion at these live prices on our online platform and app.

Historic Silver Price

Yesterday Last Week Last Year
Silver Price (Ounce)

Updated with live market data, straight from the Kinesis Exchange

Live silver pricing is aggregated across our physical vaulting hubs in London, New York, Brisbane, Sydney, Toronto, Hong Kong, Dubai, Istanbul, Vaduz, Panama City, Zurich, Batam and Singapore. With Kinesis, you can purchase investment-grade physical silver bullion at some of the lowest prices in the industry.

What Is a Troy Ounce Of Silver?

Silver along with other precious metals is typically measured in troy ounces. One troy ounce is equal to 32,151 grams of silver in the metric system of grams and kilograms. There are however other units of measurement used worldwide. Troy ounces are slightly heavier than conventional ounces.

Inflation concerns are again mounting with energy price hikes and the cost of food increasing. Inflation typically leads investors to consider silver as a safe option against economic unrest and may be a reason why silver is trading higher since July 2020. Coronavirus concerns have coalesced with investors’ need to accumulate during troubled times.

Moreover, demand for silver is set to grow in the coming years particularly following the 2030/2035 move towards electrification and clean energy. Silver has unique properties in electronic circuit boards, which may boost its attraction for manufacturers to propel their energy transition to electric vehicles.

Silver Price Per Ounce FAQ

What was silver’s highest price per ounce?

Silver hit around $48 per ounce towards the end of the 1970s, which is the highest recorded price of silver to date. Shortly after this spike, the price of silver fell to just $11 per ounce. 

It wasn’t until recently, in April of 2011, that silver rose to another notable peak of just over $47 per ounce, before trading well below that in the years that followed.

What is a troy ounce of silver worth?

Silver was trading at around $25 per troy ounce in April 2023. Since July 2020 the price has oscillated but has remained bound within the low to high $20s range.

When viewed over the past 10-year period, the percentage change has been minus 32.20%.

When was silver $40 an ounce?

In the last decade, the price of silver hit and exceeded $40 per troy ounce in early April of 2011, when the precious metal rallied to an all-time high. 

The last time that silver traded over $40 per ounce was for just six days, in 1980.

Will silver prices fall?

The silver price has seen some volatile activity of late. It saw a dive in March 2020 during the virus pandemic to near the $12 per oz mark.

However, when viewed holistically, silver is still an important safe haven within investors’ portfolios.

Silver Articles

Stay up to date with the latest news in precious metals.

A Guide to Gold and Silver Market…

Gold is the largest asset in terms of market cap,…

Posted 12th Apr 2024
How to Use Fibonacci Retracement with Gold…

Fibonacci retracement theory is a technical approach to trading that…

Posted 14th Mar 2024
Investor’s Guide to Silver

Silver has started the new year in strong shape after…

Posted 23rd Feb 2024

Build your wealth in silver

Sign up to the Kinesis monetary platform today.