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HomeUK Silver Price Today

UK Silver Price Today

Current Price
$14.35
Today's High
$14.40
Today's Low
$14.35
Today's Change
$-0.04 (-0.28%)

Live metal spot prices (24 hours): 11/21/2018 04:37:07

Silver Spot Prices Silver Price Today Change
Silver price per Gram $0.4613  
Silver price per Ounce $14.35 $-0.04 
Silver price per Kilogram $461.32 $-1.29 
Silver Spot Prices
Silver price per Gram $0.4613  
Silver price per Ounce $14.35 $-0.04 
Silver price per Kilogram $461.32 $-1.29 

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
EUR1/4oz7,78g3,1493,141
EUR1/2oz15,55g6,2976,283
EUR1oz31,10g12,59512,566
EUR2oz62,20g25,19025,131
EUR5oz155,51g62,97562,828
EUR10oz311,04g125,950125,656
EUR12oz373,24g151,140150,788
EUR20oz622,07g251,899251,313
EUR25oz777,59g314,874314,141
EUR1,0g0,4050,404
EUR2,0g0,8100,808
EUR5,0g2,0252,020
EUR10,0g4,0494,040
EUR20,0g8,0998,080
EUR25,0g10,12310,100
EUR50,0g20,24720,200
EUR100,0g40,49440,399
EUR200,0g80,98780,799
EUR250,0g101,234100,999
EUR500,0g202,469201,997
EUR1kg404,937403,994
EUR2kg809,874807,988
EUR5kg2.024,6852.019,970
11/21/2018 04:37:03
No responsibility is taken for the correctness of this information!
Actual Silver Price in US-DollarAskBid
USD1/4oz7,78g3,5813,572
USD1/2oz15,55g7,1627,145
USD1oz31,10g14,32414,289
USD2oz62,20g28,64828,578
USD5oz155,51g71,62071,445
USD10oz311,04g143,240142,890
USD12oz373,24g171,888171,468
USD20oz622,07g286,480285,780
USD25oz777,59g358,100357,225
USD1,0g0,4610,459
USD2,0g0,9210,919
USD5,0g2,3032,297
USD10,0g4,6054,594
USD20,0g9,2119,188
USD25,0g11,51311,485
USD50,0g23,02622,970
USD100,0g46,05345,940
USD200,0g92,10591,880
USD250,0g115,132114,851
USD500,0g230,264229,701
USD1kg460,527459,402
USD2kg921,054918,804
USD5kg2.302,6352.297,010
11/21/2018 04:37:03
No responsibility is taken for the correctness of this information!
Actual Silver Price in British PoundAskBid
GBP1/4oz7,78g2,8012,794
GBP1/2oz15,55g5,6025,589
GBP1oz31,10g11,20311,178
GBP2oz62,20g22,40622,355
GBP5oz155,51g56,01655,888
GBP10oz311,04g112,032111,776
GBP12oz373,24g134,439134,131
GBP20oz622,07g224,065223,552
GBP25oz777,59g280,081279,440
GBP1,0g0,3600,359
GBP2,0g0,7200,719
GBP5,0g1,8011,797
GBP10,0g3,6023,594
GBP20,0g7,2047,187
GBP25,0g9,0058,984
GBP50,0g18,01017,968
GBP100,0g36,01935,937
GBP200,0g72,03871,874
GBP250,0g90,04889,842
GBP500,0g180,096179,684
GBP1kg360,192359,368
GBP2kg720,384718,736
GBP5kg1.800,9601.796,840
11/21/2018 04:37:03
No responsibility is taken for the correctness of this information!
Actual Silver Price in Swiss FrancAskBid
CHF1/4oz7,78g3,5633,553
CHF1/2oz15,55g7,1257,107
CHF1oz31,10g14,25114,213
CHF2oz62,20g28,50228,426
CHF5oz155,51g71,25471,066
CHF10oz311,04g142,508142,131
CHF12oz373,24g171,010170,558
CHF20oz622,07g285,016284,263
CHF25oz777,59g356,270355,328
CHF1,0g0,4580,457
CHF2,0g0,9160,914
CHF5,0g2,2912,285
CHF10,0g4,5824,570
CHF20,0g9,1639,139
CHF25,0g11,45411,424
CHF50,0g22,90922,848
CHF100,0g45,81745,696
CHF200,0g91,63591,393
CHF250,0g114,544114,241
CHF500,0g229,087228,482
CHF1kg458,174456,963
CHF2kg916,348913,926
CHF5kg2.290,8702.284,815
11/21/2018 04:37:03
No responsibility is taken for the correctness of this information!