What is the silver price?

Silver trades in many markets around the world denominated in weights ranging from troy ounces to kilograms. By convention, the 'silver price' however usually refers to the international silver price derived in two main trading venues, the London Silver Market and the COMEX futures exchange.

What is the difference between spot price and ask price of silver?

The spot price of Silver is always higher than the bid price (what dealers pay for Silver per ounce) and always lower than the ask price (what you will pay a dealer for Silver per ounce). The difference between the spot price and the ask price is known as the premium of Silver per ounce.

How much is a kilo of silver worth?

See the Silver price per ounce, Silver price per gram & Silver price per kilo. Opens in a new windowOpens an external siteOpens an external site in a new window Gold $1,761.20($41.10) Silver $22.84($1.08) Platinum $946.80($6.20) Palladium $2,075.50$36.90

How does the dollar affect the silver market?

Silver market participants have seen a history of a strong dollar creating pressure on the price of silver. At the same time, many savvy investors watch for times when the dollar is strong to average down their holdings by finding bargain prices for their purchases. 8. Gold Prices