Live silver market
Silver Market Price Chart
Silver's market price is $51.66 per troy ounce as of , on one chart you can take from a month back to 1900.
Silver spot price, per troy ounce
$51.66USD / oz
- ▼ −2.21% today (COMEX futures)
- +2.7% past year
- 57.5% below the January 29, 2026 record of $121.30
As of · spot quote from gold-api.com; changes from COMEX futures (Yahoo Finance)
The card above shows the spot price of one troy ounce of silver, $51.66 as of November 10, 2026, with its stamp beside it so you always know how fresh the number is. Below the headline you get the change over a day and over a year (+2.7%), and the distance from the 2026 record: 57.5% below the high of $121.30 set on January 29, 2026. Every price on this site is per troy ounce (31.1034768 grams), the precious-metals unit, which outweighs the everyday ounce by roughly a tenth.
Each tab on the chart below is drawn from a different slice of data, and the note under it tells you which. The short ranges (one month to five years) plot COMEX silver futures, the contract most US quotes are built on. The long ranges switch to annual averages, with USGS figures up to 2021 joined to the market feed from 2001. If you want the century view in detail, the silver price chart over 30 years carries 20, 30, 50 and 100-year tabs plus a line in 1998 dollars. Every full year since 1900 sits in one place on the silver price by year page. And if candles, ranges and scales are new to you, start with how to read a silver price chart.
Silver market price chart
Short ranges: COMEX silver futures closes from Yahoo Finance (daily to one year, weekly for five, month-end since 2000); headline price: gold-api.com spot. Since 1900: annual averages, U.S. Geological Survey Data Series 140 until 2001, then the mean of each year's daily futures closes; the current year is year to date. Built . The short ranges are on a linear scale; the century view is on a log scale.
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Augusta states a $50,000 minimum, about 968 ounces of silver at today's price, so it suits larger amounts rather than a few coins. The button requests Augusta's free Gold & Silver IRA information kit, and Augusta then contacts you by phone.
- Standard minimum initial purchase $50,000, IRA or personal funds, as stated by Augusta
- Offers physical gold and silver inside a self-directed IRA
- The button requests a free information kit; Augusta then contacts you by phone
- Facts read from Augusta's own pages on November 10, 2026
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This site has one partner, Augusta Precious Metals, a dealer that offers physical gold and silver inside a self-directed IRA. Augusta's minimum purchase is $50,000, as stated by Augusta, which comes to about 968 ounces at today's price. That makes it a fit for someone moving retirement savings, not for a buyer of a few coins. The green button requests Augusta's free Gold & Silver IRA information kit; Augusta then contacts you by phone. We are paid if you become a customer, and that never changes a number on this page.
The tiles in the snapshot each answer a different question about the same market, and each carries its own date. Gold sits beside silver because many people track the two together; the gold and silver market prices page puts both on one time axis and measures how closely they have moved. The Shanghai tile compares China's exchange benchmark with the last US close before it was set, and the Shanghai silver price page works that conversion through step by step. The market-cap tile is an estimate: all the silver above ground multiplied by spot, explained on the silver market cap page. The volatility tile tells you how widely silver's daily moves have swung over a year, currently 69.1% annualized.
Silver in 2026
Silver's 2026 is a story of a peak and a long retreat. COMEX futures printed their highest daily high on record, $121.30, on January 29, 2026. Since then the price has given back much of that run, and at $51.53 the futures sit 57.5% below the top. Over six months the move is −39.5%; over five years it is still +103%. Those two numbers describe the same market from different distances, which is why the chart offers several ranges. The dated record of what happened, with the sources that reported it, is on the page explaining why the silver price is dropping.
What the silver market price is
There is no single silver price set in one room. What you see quoted is a running consensus formed by several markets that trade all day and most of the night.
Spot and futures
Spot is the price for silver delivered almost immediately. A futures price is for delivery in a later month, agreed today. The two sit close together because a buyer can choose either, and the small gap between them reflects the cost of carrying metal until the delivery date: interest and storage. At the last refresh, the front COMEX contract stood at $51.53, a gap of $-0.13 from spot. The page on spot vs futures price shows how that gap is worked out with today's numbers.
Who sets it
Prices form where buyers and sellers meet in volume: the futures market in New York, the over-the-counter market in London, and the Shanghai Gold Exchange in China. No one of them fixes the price for the others; arbitrage keeps them close, and when they drift apart the gap itself is news. Futures trade nearly around the clock on weekdays, so a quote can move at 3 a.m. Eastern; the page on when the silver market opens lays out every venue's session in Eastern Time. The symbols those markets use (XAG/USD, SI, SLV) look alike but quote different things, which the guide to silver ticker symbols sorts out. Exchange warehouses hold the metal that backs futures delivery, and the daily stock report is often misread; our guide to COMEX silver inventory explains what the registered and eligible categories mean.
Why charts on different sites differ
Two charts of "the silver price" can disagree for honest reasons. One may plot spot and the other futures. One may plot daily closes and the other monthly averages, which flattens every spike. Some sites quote in another currency and convert. And a snippet in a search result can be hours old. On this site, each chart names its source and resolution under the tabs, and every figure carries its stamp, so you can tell which number you are looking at and when it was taken.
What has moved silver in the past
Silver is both an industrial metal and a store of value, and the chart reflects pulls from both sides. Industry used 657.4 million ounces in 2025 out of total demand of 1,130.6 million, by the Silver Institute's count. The same survey recorded 2025 as the fifth year in a row in which demand exceeded supply. Whether that adds up to a silver shortage depends on what you count, and that page sets out the supply and demand table year by year. History adds a warning about crowded trades: the 1980 spike visible on the century chart came during the Hunt brothers' silver squeeze, and its collapse was just as steep.
This page can describe where the price has been and how the numbers are built. It does not tell you where silver goes next, and nothing here is a suggestion to buy or sell.
Questions about the silver market price
What is the silver market price right now?
The spot price shown at the top of this page is $51.66 per troy ounce, stamped November 10, 2026. It is the price for one ounce of pure silver traded in bulk between large market participants, before any dealer premium, shipping or tax. Coins and bars sold to the public cost more than spot.
Why is my dealer's price higher than this chart?
A dealer adds a premium to cover minting, handling, shipping and its own margin, and that premium varies by product and size. Small coins usually carry more over spot than large bars. The chart shows the wholesale market price; your invoice shows that price plus the dealer's costs.
Does this chart show spot or futures?
Both, depending on the range. The headline figure is spot. The one-month to five-year tabs plot COMEX futures closes, and the long tabs use annual averages from USGS joined to the futures feed from 2001. The note under each tab names its source, so you always know which one you are reading.
How far is silver from its record high?
At $51.53, COMEX silver futures are 57.5% below the record of $121.30 that COMEX futures reached on January 29, 2026. That record is the highest daily high in the futures series, so it marks a single moment of trading rather than a day's average or a year's average price.
How often do the numbers on this site update?
The data refreshes about every six hours, and each block carries its own fetch time. If a source stops answering, the page keeps the last good figure and labels it with its date rather than going blank, so an older number is always marked as older.
Thinking about silver in a retirement account?
The button requests Augusta's free information kit, and Augusta then contacts you by phone.
Sources
Each page we drew a fact from, with whether it was the publisher's own page or a page reporting it.
- augustapreciousmetals.com (augustapreciousmetals.com; publisher's own page; read 2026-11-10)
- augustapreciousmetals.com (augustapreciousmetals.com; publisher's own page; read 2026-11-10)
- Silver Institute / Metals Focus (silverinstitute.org; publisher's own page; read 2026-11-10)