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.


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

Historic Silver Price

Live price Last Week Last month Last Year 5 Years ago 20 Years ago
Silver Price (Ounce) $30.88-0.02% $31.01 $29.07 $25.00 $15.39 $6.63

Updated with live market data 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 Investment with Kinesis

When you buy silver from across our global vaulting network, Kinesis creates a digital record of your physical holdings, which serves as proof of ownership. The Kinesis platform offers users secure ownership of physical silver stored within an insured, audited vaulting network.

Kinesis silver also allows you to send, trade and spend silver at any moment. Spending silver as everyday money is possible with the Kinesis Virtual Card allowing you to hold precious metals, and only converting them to fiat currency at the moment of purchase. 

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.

Latest Silver News

Stay up to date with the latest silver price news.

Silver Price News: Silver Hits Six-Week High…

Silver prices rose to their highest since late May on…

Posted 12th Jul 2024
Silver Price News: Silver Holds Steady After…

Silver prices were steady on Tuesday, with the market standing…

Posted 10th Jul 2024
Silver Price News: Silver Jumps Higher After…

Silver prices powered up above the $31.00 an ounce level…

Posted 8th Jul 2024

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