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HomeUK Silver Price Today

UK Silver Price Today

Current Price
£10.93
Live High
£10.95
Live Low
£10.88
Live Change
£0.05 (0.44%)

Live metal spot prices (24 hours): 09/20/2018 06:34:03

Silver Spot Prices Silver Price Today Change
Silver price per Gram £0.3513  
Silver price per Ounce £10.93 £0.05 
Silver price per Kilogram £351.32 £1.55 
Silver Spot Prices
Silver price per Gram £0.3513  
Silver price per Ounce £10.93 £0.05 
Silver price per Kilogram £351.32 £1.55 

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
EUR1/4oz7,78g3,0693,062
EUR1/2oz15,55g6,1396,125
EUR1oz31,10g12,27812,249
EUR2oz62,20g24,55524,498
EUR5oz155,51g61,38861,245
EUR10oz311,04g122,776122,490
EUR12oz373,24g147,331146,988
EUR20oz622,07g245,552244,980
EUR25oz777,59g306,941306,226
EUR1,0g0,3950,394
EUR2,0g0,7890,788
EUR5,0g1,9741,969
EUR10,0g3,9473,938
EUR20,0g7,8957,876
EUR25,0g9,8689,845
EUR50,0g19,73719,691
EUR100,0g39,47439,382
EUR200,0g78,94778,763
EUR250,0g98,68498,454
EUR500,0g197,368196,908
EUR1kg394,735393,815
EUR2kg789,470787,630
EUR5kg1.973,6751.969,075
09/20/2018 06:34:05
No responsibility is taken for the correctness of this information!
Actual Silver Price in US-DollarAskBid
USD1/4oz7,78g3,5853,577
USD1/2oz15,55g7,1717,153
USD1oz31,10g14,34114,306
USD2oz62,20g28,68228,612
USD5oz155,51g71,70571,530
USD10oz311,04g143,410143,060
USD12oz373,24g172,092171,672
USD20oz622,07g286,820286,120
USD25oz777,59g358,525357,650
USD1,0g0,4610,460
USD2,0g0,9220,920
USD5,0g2,3052,300
USD10,0g4,6114,599
USD20,0g9,2219,199
USD25,0g11,52711,499
USD50,0g23,05422,997
USD100,0g46,10745,995
USD200,0g92,21591,990
USD250,0g115,269114,987
USD500,0g230,537229,975
USD1kg461,074459,949
USD2kg922,148919,898
USD5kg2.305,3702.299,745
09/20/2018 06:34:05
No responsibility is taken for the correctness of this information!
Actual Silver Price in British PoundAskBid
GBP1/4oz7,78g2,7262,720
GBP1/2oz15,55g5,4535,440
GBP1oz31,10g10,90610,881
GBP2oz62,20g21,81221,762
GBP5oz155,51g54,52954,404
GBP10oz311,04g109,058108,808
GBP12oz373,24g130,869130,570
GBP20oz622,07g218,116217,617
GBP25oz777,59g272,645272,021
GBP1,0g0,3510,350
GBP2,0g0,7010,700
GBP5,0g1,7531,749
GBP10,0g3,5063,498
GBP20,0g7,0136,997
GBP25,0g8,7668,746
GBP50,0g17,53117,491
GBP100,0g35,06334,983
GBP200,0g70,12669,965
GBP250,0g87,65787,457
GBP500,0g175,315174,914
GBP1kg350,629349,827
GBP2kg701,258699,654
GBP5kg1.753,1451.749,135
09/20/2018 06:34:05
No responsibility is taken for the correctness of this information!
Actual Silver Price in Swiss FrancAskBid
CHF1/4oz7,78g3,4683,459
CHF1/2oz15,55g6,9366,918
CHF1oz31,10g13,87313,836
CHF2oz62,20g27,74627,672
CHF5oz155,51g69,36469,180
CHF10oz311,04g138,728138,360
CHF12oz373,24g166,473166,033
CHF20oz622,07g277,455276,721
CHF25oz777,59g346,819345,901
CHF1,0g0,4460,445
CHF2,0g0,8920,890
CHF5,0g2,2302,224
CHF10,0g4,4604,448
CHF20,0g8,9208,897
CHF25,0g11,15111,121
CHF50,0g22,30122,242
CHF100,0g44,60244,484
CHF200,0g89,20488,968
CHF250,0g111,505111,210
CHF500,0g223,010222,420
CHF1kg446,020444,839
CHF2kg892,040889,678
CHF5kg2.230,1002.224,195
09/20/2018 06:34:05
No responsibility is taken for the correctness of this information!