Disclaimer: Information on GoldSilverAI is for educational purposes only and is not intended as financial advice. Consult a professional advisor before making investment decisions.
Disclaimer: Information on GoldSilverAI is for educational purposes only and is not intended as financial advice. Consult a professional advisor before making investment decisions.
The chart above illustrates the silver price per ounce over 1 week. Click on the buttons in the upper left corner to find information on the silver price across various time frames, from live updates to historical silver price data. Typically, the silver price is shown in troy ounces by default, but via the buttons in the upper right corner we also offer options to display the price in grams and kilograms.
Over the past week, silver prices have been sensitive to both economic data and industrial demand. Factors such as changes in manufacturing output, currency fluctuations, and geopolitical events can lead to rapid price changes in this short timeframe. Investors often watch for short-term opportunities during volatile periods.
Like gold, silver is often measured in troy ounces, a unit widely used in the United States and the United Kingdom for silver trading. The troy ounce is the standard unit for pricing silver in international markets and is commonly used by investors, traders, and mints.
Current price of silver is 31.33 usd per ounce.
Silver is valuable due to its high conductivity, antibacterial properties, and wide industrial use in electronics and renewable energy.
Silver is used in electronics, solar panels, jewelry, and as an investment metal. Learn more in our full guide about silver uses here.
Silver often rises in value during periods of economic uncertainty, making it a popular investment for preserving wealth​. Learn more about paper money and why the current monetary system could be about to fail here.