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HomeUK Silver Price Today

UK Silver Price Today

Current Price
US$15.22
Today's High
US$15.23
Today's Low
US$14.97
Today's Change
US$0.13 (0.86%)

Live metal spot prices (24 hours): 06/20/2019 00:59:09

Silver Spot Prices Silver Price Today Change
Silver price per Gram US$0.4893  
Silver price per Ounce US$15.22 US$0.13 
Silver price per Kilogram US$489.28 US$4.18 
Silver Spot Prices
Silver price per Gram US$0.4893  
Silver price per Ounce US$15.22 US$0.13 
Silver price per Kilogram US$489.28 US$4.18 

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.

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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
EUR1/4oz7,78g3,3733,370
EUR1/2oz15,55g6,7466,740
EUR1oz31,10g13,49213,480
EUR2oz62,20g26,98426,960
EUR5oz155,51g67,46067,401
EUR10oz311,04g134,920134,802
EUR12oz373,24g161,904161,762
EUR20oz622,07g269,839269,604
EUR25oz777,59g337,299337,004
EUR1,0g0,4340,433
EUR2,0g0,8680,867
EUR5,0g2,1692,167
EUR10,0g4,3384,334
EUR20,0g8,6768,668
EUR25,0g10,84410,835
EUR50,0g21,68921,670
EUR100,0g43,37843,340
EUR200,0g86,75586,680
EUR250,0g108,444108,350
EUR500,0g216,889216,699
EUR1kg433,777433,398
EUR2kg867,554866,796
EUR5kg2.168,8852.166,990
06/20/2019 00:59:02
No responsibility is taken for the correctness of this information!
Actual Silver Price in US-DollarAskBid
USD1/4oz7,78g3,7903,786
USD1/2oz15,55g7,5807,572
USD1oz31,10g15,16015,145
USD2oz62,20g30,32030,290
USD5oz155,51g75,80075,725
USD10oz311,04g151,600151,450
USD12oz373,24g181,920181,740
USD20oz622,07g303,200302,900
USD25oz777,59g379,000378,625
USD1,0g0,4870,487
USD2,0g0,9750,974
USD5,0g2,4372,435
USD10,0g4,8744,869
USD20,0g9,7489,738
USD25,0g12,18512,173
USD50,0g24,37024,346
USD100,0g48,74148,692
USD200,0g97,48197,384
USD250,0g121,851121,731
USD500,0g243,703243,461
USD1kg487,405486,922
USD2kg974,810973,844
USD5kg2.437,0252.434,610
06/20/2019 00:59:02
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
06/20/2019 00:59:02
No responsibility is taken for the correctness of this information!
Actual Silver Price in Swiss FrancAskBid
CHF1/4oz7,78g3,7643,759
CHF1/2oz15,55g7,5287,519
CHF1oz31,10g15,05515,038
CHF2oz62,20g30,11130,075
CHF5oz155,51g75,27775,188
CHF10oz311,04g150,554150,376
CHF12oz373,24g180,665180,451
CHF20oz622,07g301,108300,752
CHF25oz777,59g376,384375,940
CHF1,0g0,4840,483
CHF2,0g0,9680,967
CHF5,0g2,4202,417
CHF10,0g4,8404,835
CHF20,0g9,6819,669
CHF25,0g12,10112,087
CHF50,0g24,20224,174
CHF100,0g48,40448,347
CHF200,0g96,80896,694
CHF250,0g121,011120,868
CHF500,0g242,021241,735
CHF1kg484,042483,470
CHF2kg968,084966,940
CHF5kg2.420,2102.417,350
06/20/2019 00:59:02
No responsibility is taken for the correctness of this information!