The market price of silver today, 19-Jan-2018 is 17.04 dollars per troy ounce.
Silver value data on Quandl includes today's live market prices for silver coins, bullion, futures and spot silver rates; plus full silver price history that you can download, graph, embed or access via our API. Just click on any silver rate or graph to see the entire data history as a time series.
Silver prices are fixed by the London Bullion Market (LBMA), silver's main physical market, through matching silver sellers and silver buyers until the market clears. These silver values are considered the benchmark silver prices around the world.
In India silver is mainly traded on the Multi Commodity Exchange (MCX). The MCX offers multiple silver contracts, and sets silver rates for varying silver quantities.
Prices of silver coins from different counries vary; due to differing weight, purity and size. Silver coins are considered a valuable investment by many who wish to diversify their portfolios. Silver coin prices can also be partially determined by rarity.
Silver Bullion is mainly used in transaction by large financial institutions and industrial silver users. Private Individuals use silver bullion as an investment and as a store of value. Silver bullion rates are benchmarked to a handful of reputable firms known for the purity and uniformity of their silver bars.
For those not wanting to own physical silver, silver futures offer an easy, leverable, liquid means if taking advantage of changes in silver value. Silver futures trade on exchanges and markets around the world, mainly on COMEX in New York.
Silver indexes and silver ETFs represent another way in which people can invest in silver, reflecting the weighted average of various silver stocks.
Quandl's extensive, 1000s, of stocks and share prices include all the leading silver miners and silver producers.
Silver data on Quandl comes from a variety of reliable sources, including the London Bullion Market Association (LBMA), the Multi Commodity Exchange (MCX), the Wiki Commodities Database, the Chicago Mercantile Exchange and the Chigaco Board Options Exchange. If there's some other dataset or source you'd like added to this page, please email me.
This page was created by Chris Stevens for Quandl.
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