Call us:+44-20-369-50335, Monday-Friday 8am-5pm
Enquiry details 
W
Phone
W
Thank you for your request.

We will call you in a few minutes.

CurrencyUS Dollar
LanguageEnglish
Ship ToAndorra
LBMA Associate
Menu
Charts
Search
HomeUK Silver Price Today

UK Silver Price Today

Current Price
US$17.08
Today's High
US$17.20
Today's Low
US$17.07
Today's Change
US$-0.12 (-0.7%)

Live metal spot prices (24 hours): 08/19/2019 05:36:06

Silver Spot Prices Silver Price Today Change
Silver price per Gram US$0.5491  
Silver price per Ounce US$17.08 US$-0.12 
Silver price per Kilogram US$549.07 US$-3.86 
Silver Spot Prices
Silver price per Gram US$0.5491  
Silver price per Ounce US$17.08 US$-0.12 
Silver price per Kilogram US$549.07 US$-3.86 

For real-time updates on the latest silver spot price throughout the day, look no further than coininvest. You can also discover the daily LBMA Silver price (operated by CME and administered by Thomson Reuters),which is set in US dollars per ounce at 12:00 BST. 

Tailor our silver price charts to suit your requirements, and access only the data you need, to ensure your next investment decision is an informed one. Learn about the various factors that can determine the price of silver, and find out about the different denominations and forms this precious metal is available in.

Loading...

The Price Of Silver: Confidence Is Appropriate

Anyone who’s looked at a silver price chart in the past ten years can quickly spot two important facts:

  1. Silver offers yield-seeking investors enormous odds.
  2. The evolution of silver is characterized by sometimes drastic setbacks in the share price.

How do you explain this overall development in the price of silver? Which factors are the most decisive for the price of silver? What kinds of speculations and manipulations take place?

Fiat Money And Precious Metals - Fiction vs. Reality

The rising price of silver in Euros and U.S. Dollars is primarily due to a simple and well-established fact: the money supply in the U.S. and the Euro zone is expanding. Europeans - unlike Americans - at least know the "Geldmengenzuwachs" exactly. From January 2000 to January 2012, the total amount of money the European Central Bank (M3) increased from 4,715 billion to 9,759 billion Euros: an increase of 106%. However in the United States the announcement of the money supply in 2006 was adjusted so there are no longer official figures. When the money supply cannot keep up with economic growth, the value of that currency inevitably decreases.

Question: How can you accurately measure the reserve currency, the U.S. dollar and other major currencies such as the euro, yen and British pound when they all suffer from the same development?
Answer: Gold and silver are two precious metals that have been used for thousands of years to reflect the value of goods.

Unlike so-called fiat money (that can be multiplied at will, and whose value can be represented today officially only in other fiat money),the amount is limited to precious metals available at any time to a specific maximum. The price of gold and silver is therefore largely nothing more than currency devaluation viewed from a reasonable base.

Industrial uses of silver

The question remains as to why the development of the price of silver is so erratic. One factor is the importance of silver as an industrially valuable precious metal. In the wake of the 2007/2008 financial crisis, all major economies (excluding China) slipped into a recession that affected the silver price significantly because the economic demand was lacking. However, the slump in the silver price (from about $20 to below $10 in 2008) cannot be explained solely by lack of industrial demand. Silver was and is an important object of speculation and manipulation in which profits can be generated either by rising or falling prices.

Actual Silver Price in EuroAskBid
EUR1/4oz7,78g3,8413,837
EUR1/2oz15,55g7,6817,675
EUR1oz31,10g15,36215,350
EUR2oz62,20g30,72430,700
EUR5oz155,51g76,81176,750
EUR10oz311,04g153,621153,500
EUR12oz373,24g184,345184,200
EUR20oz622,07g307,242307,000
EUR25oz777,59g384,053383,750
EUR1,0g0,4940,494
EUR2,0g0,9880,987
EUR5,0g2,4702,468
EUR10,0g4,9394,935
EUR20,0g9,8789,870
EUR25,0g12,34812,338
EUR50,0g24,69524,676
EUR100,0g49,39049,351
EUR200,0g98,78198,703
EUR250,0g123,476123,379
EUR500,0g246,952246,757
EUR1kg493,903493,514
EUR2kg987,806987,028
EUR5kg2.469,5152.467,570
08/19/2019 05:36:03
No responsibility is taken for the correctness of this information!
Actual Silver Price in US-DollarAskBid
USD1/4oz7,78g4,2604,257
USD1/2oz15,55g8,5218,513
USD1oz31,10g17,04217,026
USD2oz62,20g34,08334,052
USD5oz155,51g85,20885,131
USD10oz311,04g170,415170,262
USD12oz373,24g204,498204,315
USD20oz622,07g340,830340,524
USD25oz777,59g426,038425,655
USD1,0g0,5480,547
USD2,0g1,0961,095
USD5,0g2,7392,737
USD10,0g5,4795,474
USD20,0g10,95810,948
USD25,0g13,69713,685
USD50,0g27,39527,370
USD100,0g54,79054,741
USD200,0g109,579109,481
USD250,0g136,974136,851
USD500,0g273,949273,703
USD1kg547,897547,405
USD2kg1.095,7941.094,810
USD5kg2.739,4852.737,025
08/19/2019 05:36:03
No responsibility is taken for the correctness of this information!
Actual Silver Price in British PoundAskBid
GBP1/4oz7,78g0,0000,000
GBP1/2oz15,55g0,0000,000
GBP1oz31,10g0,0000,000
GBP2oz62,20g0,0000,000
GBP5oz155,51g0,0000,000
GBP10oz311,04g0,0000,000
GBP12oz373,24g0,0000,000
GBP20oz622,07g0,0000,000
GBP25oz777,59g0,0000,000
GBP1,0g0,0000,000
GBP2,0g0,0000,000
GBP5,0g0,0000,000
GBP10,0g0,0000,000
GBP20,0g0,0000,000
GBP25,0g0,0000,000
GBP50,0g0,0000,000
GBP100,0g0,0000,000
GBP200,0g0,0000,000
GBP250,0g0,0000,000
GBP500,0g0,0000,000
GBP1kg0,0000,000
GBP2kg0,0000,000
GBP5kg0,0000,000
08/19/2019 05:36:03
No responsibility is taken for the correctness of this information!
Actual Silver Price in Swiss FrancAskBid
CHF1/4oz7,78g4,1744,170
CHF1/2oz15,55g8,3498,340
CHF1oz31,10g16,69716,680
CHF2oz62,20g33,39433,359
CHF5oz155,51g83,48583,398
CHF10oz311,04g166,971166,796
CHF12oz373,24g200,365200,155
CHF20oz622,07g333,942333,591
CHF25oz777,59g417,427416,989
CHF1,0g0,5370,536
CHF2,0g1,0741,073
CHF5,0g2,6842,681
CHF10,0g5,3685,363
CHF20,0g10,73610,725
CHF25,0g13,42113,407
CHF50,0g26,84126,813
CHF100,0g53,68253,626
CHF200,0g107,365107,252
CHF250,0g134,206134,065
CHF500,0g268,412268,130
CHF1kg536,824536,260
CHF2kg1.073,6481.072,520
CHF5kg2.684,1202.681,300
08/19/2019 05:36:03
No responsibility is taken for the correctness of this information!