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HomeUK Silver Price Today

UK Silver Price Today

Current Price
£12.24
Live High
£12.24
Live Low
£12.24

Live metal spot prices (24 hours): 05/20/2018 17:40:10

Silver Spot Prices Silver Price Today Change
Silver price per Gram £0.3936  
Silver price per Ounce £12.24  
Silver price per Kilogram £393.64  
Silver Spot Prices
Silver price per Gram £0.3936  
Silver price per Ounce £12.24  
Silver price per Kilogram £393.64  

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
EUR1/4oz7,78g3,4943,487
EUR1/2oz15,55g6,9886,974
EUR1oz31,10g13,97613,948
EUR2oz62,20g27,95127,895
EUR5oz155,51g69,87969,738
EUR10oz311,04g139,757139,477
EUR12oz373,24g167,709167,372
EUR20oz622,07g279,514278,953
EUR25oz777,59g349,393348,691
EUR1,0g0,4490,448
EUR2,0g0,8990,897
EUR5,0g2,2472,242
EUR10,0g4,4934,484
EUR20,0g8,9878,969
EUR25,0g11,23311,211
EUR50,0g22,46622,421
EUR100,0g44,93344,843
EUR200,0g89,86689,686
EUR250,0g112,332112,107
EUR500,0g224,665224,214
EUR1kg449,329448,428
EUR2kg898,658896,856
EUR5kg2.246,6452.242,140
05/20/2018 17:40:02
No responsibility is taken for the correctness of this information!
Actual Silver Price in US-DollarAskBid
USD1/4oz7,78g4,1144,104
USD1/2oz15,55g8,2288,208
USD1oz31,10g16,45516,415
USD2oz62,20g32,91032,830
USD5oz155,51g82,27582,075
USD10oz311,04g164,550164,150
USD12oz373,24g197,460196,980
USD20oz622,07g329,100328,300
USD25oz777,59g411,375410,375
USD1,0g0,5290,528
USD2,0g1,0581,056
USD5,0g2,6452,639
USD10,0g5,2905,278
USD20,0g10,58110,555
USD25,0g13,22613,194
USD50,0g26,45226,388
USD100,0g52,90452,776
USD200,0g105,808105,551
USD250,0g132,260131,939
USD500,0g264,521263,878
USD1kg529,041527,755
USD2kg1.058,0821.055,510
USD5kg2.645,2052.638,775
05/20/2018 17:40:02
No responsibility is taken for the correctness of this information!
Actual Silver Price in British PoundAskBid
GBP1/4oz7,78g3,0533,047
GBP1/2oz15,55g6,1066,093
GBP1oz31,10g12,21212,186
GBP2oz62,20g24,42324,373
GBP5oz155,51g61,05860,932
GBP10oz311,04g122,115121,863
GBP12oz373,24g146,538146,236
GBP20oz622,07g244,230243,727
GBP25oz777,59g305,288304,659
GBP1,0g0,3930,392
GBP2,0g0,7850,784
GBP5,0g1,9631,959
GBP10,0g3,9263,918
GBP20,0g7,8527,836
GBP25,0g9,8159,795
GBP50,0g19,63019,590
GBP100,0g39,26139,180
GBP200,0g78,52278,360
GBP250,0g98,15297,950
GBP500,0g196,305195,900
GBP1kg392,609391,800
GBP2kg785,218783,600
GBP5kg1.963,0451.959,000
05/20/2018 17:40:02
No responsibility is taken for the correctness of this information!
Actual Silver Price in Swiss FrancAskBid
CHF1/4oz7,78g4,1064,093
CHF1/2oz15,55g8,2118,187
CHF1oz31,10g16,42216,374
CHF2oz62,20g32,84432,748
CHF5oz155,51g82,11081,870
CHF10oz311,04g164,221163,740
CHF12oz373,24g197,065196,488
CHF20oz622,07g328,442327,479
CHF25oz777,59g410,552409,349
CHF1,0g0,5280,526
CHF2,0g1,0561,053
CHF5,0g2,6402,632
CHF10,0g5,2805,264
CHF20,0g10,56010,529
CHF25,0g13,20013,161
CHF50,0g26,39926,322
CHF100,0g52,79852,644
CHF200,0g105,596105,287
CHF250,0g131,996131,609
CHF500,0g263,991263,218
CHF1kg527,982526,435
CHF2kg1.055,9641.052,870
CHF5kg2.639,9102.632,175
05/20/2018 17:40:02
No responsibility is taken for the correctness of this information!