What is the price of silver?

Price of Silver. Silver Price per Ounce: 27.55. 0.20. Silver Price per Kilo: 885.65. +6.34. Silver Price per Gram: 0.89.

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.

What will affect the silver price?

As such, if investment demand—the biggest impact on the price— continues to rise as is projected, the silver price will increase... RESULT: HIGHER SILVER PRICE One thing that could depress the silver price is if the vaccines work and are widely used, pushing the economy back to some sort of normal.

How is the price of silver deflated?

The series is deflated using the headline Consumer Price Index (CPI) with the most recent month as the base. The current month is updated on an hourly basis with today's latest value. The current price of silver as of September 05, 2019 is $18.81 per ounce.