Understanding Silver · Monthly average prices
Raw materials and production
Silver is a precious metal with high electrical and thermal conductivity. It occurs in silver-bearing ores and is also recovered during the processing of lead, zinc, copper and gold ores. Recycling supplements mine supply.
Applications and consumption
Electrical contacts, photovoltaic cells, brazing alloys and jewellery consume silver. These uses connect the metal to manufacturing and household purchases as well as investment. Industrial consumption and demand for bars or coins can therefore move differently.
What affects Silver · Monthly average prices?
Mine output, industrial orders, recycling flows and investment demand influence silver prices. Currency movements and interest-rate expectations can also affect trading. A change in base-metal mining may alter by-product silver supply even when silver demand itself is unchanged.
How to read Silver · Monthly average price today
This page follows Silver · Monthly average in London · World Bank. The price type is Monthly average, with values expressed in USD/oz troy. Compare quotations only after matching the product specification, unit, market and publication period. Changes in the chart describe the recorded series; they do not measure every transaction in the wider market. A local purchase may include freight, processing, taxes or dealer margins. Differences in quality or delivery conditions can therefore produce a different final cost even when the reference price is unchanged.
This is a monthly series. Its latest value belongs to the displayed publication month; a monthly average, settlement or contract reference is not an intraday price today.
Further reading: Royal Society of Chemistry — Silver ↗
Frequently asked questions about Silver · Monthly average
What is Silver · Monthly average price today?
The latest available value is 64.60 USD/oz troy, for September 2026. It represents Monthly average. Check the displayed period and market before treating it as a quotation for a purchase today. This is a monthly series. Its latest value belongs to the displayed publication month; a monthly average, settlement or contract reference is not an intraday price today.
What affects Silver · Monthly average prices?
Mine output, industrial orders, recycling flows and investment demand influence silver prices. Currency movements and interest-rate expectations can also affect trading. A change in base-metal mining may alter by-product silver supply even when silver demand itself is unchanged.
What is Silver · Monthly average used for in everyday life and industry?
Electrical contacts, photovoltaic cells, brazing alloys and jewellery consume silver. These uses connect the metal to manufacturing and household purchases as well as investment. Industrial consumption and demand for bars or coins can therefore move differently.
Why can local Silver · Monthly average prices differ from this chart?
Local offers may include delivery, processing, taxes and commercial margins. Differences in quality, product form, market and contract timing can also change the price. Compare the same specification and unit before drawing conclusions.
Where can I compare historical Silver · Monthly average prices?
Use the price chart and dated history table on this page, or download the CSV. Choose a period and keep the market, product and units consistent. Missing publication dates are not filled with invented observations.