Silver price chart: the live silver price online

Follow the current silver price in our chart, which is automatically updated for you. View the price trend and read how to compare the price per gram, troy ounce and kilo. We also explain why the buy and sell price of physical silver can differ from the displayed rate.

The silver price today (at this moment) is €1.844,73 per kilo. That equals €1,84 per gram and €57,23 per troy ounce.

Current silver price per kilo (kg) in euros

The chart below shows the silver price in euros per kilogram or per troy ounce. Select the desired weight unit and period to view recent price movements or the development over multiple years.

How to read the silver price chart?

You read the silver price chart by first selecting the metal, the weight unit and the desired period. The horizontal axis shows the passage of time, the vertical axis shows the corresponding price.

• Type: select silver to view the silver price.
• Weight: select kilogram or troy ounce.
• Period: choose an available period to compare recent movements or the development over multiple years.

With the price alert you will receive an email when the set price level is reached.

Would you like to follow other rates? Also check the gold price, platinum price and the current gold-silver ratio.

What is the current silver price?

The current silver price is a market price for silver, expressed in a particular currency and unit of weight. The spot price serves as a reference for the value of the metal. A physical silver coin or silver bar also has its own purchase and resale price.

Therefore always compare the same units. A quotation in dollars per troy ounce can only be compared with euros per kilogram after both the currency and the weight have been converted.

Silver price per gram

You calculate the silver price per gram by dividing the current silver price per kilogram by 1,000.

Silver price per gram = silver price per kilogram ÷ 1.000

Do you follow the silver price per gram in a chart? The price line has the same shape as when shown per kilogram, as long as the currency and period remain the same. Only the amounts on the price axis change.

Silver price per troy ounce

The silver price per troy ounce shows the market value of approximately 31.1035 grams of fine silver. The troy ounce is a common unit of weight in international precious metals trading.

To convert weights use:

• From troy ounce to gram: multiply the number of troy ounces by 31.1035.
• From gram to troy ounce: divide the number of grams by 31.1035.

Many investment coins contain 1 troy ounce of fine silver. For our 1 troy ounce silver coins you see the purchase price of the physical product. That may differ from the silver value according to the price chart.

Silver price per kilogram

The silver price per kilogram shows the market value of 1,000 grams of fine silver. This unit is useful when you want to compare the metal value of larger quantities of silver.

For silver bars you can use the kilo price as a starting point:

• 500 grams fine silver: current kilo price × 0.5.
• 1 kilo fine silver: current kilo price × 1.
• 5 kilo fine silver: current kilo price × 5.

These calculations concern only the metal value. The price of a silver bar can also include a product premium and any VAT.

How is the silver price determined?

The silver price arises from supply and demand on the international market. Traders quote a bid price at which they want to buy and an ask price at which they want to sell. The difference between them is called the spread; the midpoint is the mid price. From all those quotes combined comes the price you see in the chart.

That trading takes place on the COMEX in New York, where mainly futures contracts are traded, and via the London Bullion Market Association in London, the centre of the physical trade.

There is also the LBMA Silver Price: a reference price that is determined once a day at 12:00 London time via an auction, administered by ICE Benchmark Administration. That is something different from the continuous price in our chart. If you want to dive deeper into price formation, read what the spot price is and how it is determined.

Silver is a special case because it is both an investment and an industrial commodity. That makes the price more volatile than gold. Factors that matter include:

• Industrial demand: silver is an excellent conductor and is used in electronics, solar panels and medical applications.
• Supply: a large part of silver is produced as a by-product of copper and zinc mining, so supply reacts slowly to price increases.
• Investor demand: interest in the precious metals rises and falls with confidence in the financial markets.
• Interest and inflation expectations: at lower interest rates precious metals become relatively more attractive.
• The euro–dollar exchange rate: see below.

What influence does the euro-dollar exchange rate have?

The euro–dollar exchange rate feeds directly into the silver price in euros because silver is quoted internationally in dollars per troy ounce. If the dollar price remains the same and the euro strengthens, the silver price in euros falls without anything happening in the silver market. The reverse happens with a weaker euro.

As a result, a euro chart can look different from a dollar chart over the same period. Always compare the same currency and the same unit of weight.

What you pay and what you get back

The price in the chart is not the price you pay when you buy silver. When comparing products it helps to distinguish three amounts.

Why the product price differs from the silver price

You pay more than the spot price because you are buying a finished product, not raw metal. The premium covers refining, minting, insured transport and the dealer's margin. The smaller the piece, the higher that premium per gram: a 5-kilo bar is closer to the spot price than a 1 troy ounce coin.

The premium also does not always move together with the price. If a particular coin becomes scarcer, the premium can rise while the silver price remains flat.

In addition, unlike investment gold, silver is not exempt from VAT. For silver investment coins the margin scheme may apply, where VAT is calculated on the margin instead of on the whole amount. For VAT-free silver a separate route applies. The full explanation is in our article on VAT on silver.

If you want to compare products side by side, our Selection Guide shows for each product the purchase price, the selling price and the spread between them. A low spread generally indicates a widely traded product.

What you receive when selling

When selling you receive the bid price that applies at that moment for your specific product. That is linked to the current silver price and is updated every three minutes.

That is the sales certainty we offer: you know in advance where you can go. Your sell silver transaction is handled via our sister company Inkoop Edelmetaal, where you can find the current bid prices for silver bars and silver investment coins. We do not buy silver jewellery or silver tableware.

Silver price in historical perspective

The silver price has historically been volatile, with large fluctuations in price. That is the flip side of the same characteristic that makes it interesting: a relatively small market in which investment demand and industrial demand reinforce each other. A longer period in the chart helps to put a daily movement into perspective.

The peaks of 1980, 2011 and 2026

Silver has three notable peaks. In January 1980 the price rose to nearly $50 per troy ounce, driven by high inflation, recession in the United States and the speculation of the Hunt brothers. In April 2011 silver again approached that level without breaking through.

The third peak is the most recent and by far the largest. At the end of 2025 silver for the first time broke through the $50 barrier, and on 29 January 2026 a nominal record was set of $121.67 per troy ounce. In euros silver stood at €2.086,52 per kilo on 31 December 2025 and was already at €2.574,52 in mid-January 2026.

Adjusted for inflation the 1980 peak remains of a similar order of magnitude. Past prices say nothing about the future, but they do show how silver behaves in different market conditions.

The price trend of recent years

After the January 2026 peak the price pulled back, but it still remains well above the level of a year earlier. The years before showed a different picture: a long period of sideways movement, interrupted by the sharp drop and rapid recovery of 2020.

If you want to view that trend yourself, set the chart at the top to a longer period. If you are looking for forward-looking views rather than history, read our analysis of the expected silver price.

Silver price over the past 10 years

Looking at the silver price on 1 January 2016, it was then around €408 per kilo. Since 2020 the silver price has been on the rise again. In 2020 demand for silver increased by 38%, while there had already been a physical silver shortage for three consecutive years. On 1 January 2023 the silver price was €721 per kilo and in 2023 the lowest quoted silver price was approximately €610 per kilo and the highest was approximately €750 per kilo.

See the chart below for developments in the silver price over the past 10 years.

source: Silverprice.org

Silver price over the past 20 years

When we look at the silver price over the past 20 years we see that at the beginning of 2006 it was around €262 per kilo. In the years that followed the silver price climbed significantly, partly due to the credit crisis that began in the summer of 2007. In the years after the credit crisis the silver price plunged, and since mid-2020 it has been rising again.

The course of the silver price over the past 20 years can be found in the chart below.

source: Silverprice.org

Silver price over the past 50 years

Looking at the silver price over the past 50 years we see two notable peak moments in the silver price. The first is in 1980 and the second in 2011. The first peak can be explained by a combination of factors, including rising inflation, the U.S. economic recession (the speculation by the Hunt brothers) and political unrest in the Middle East.

The second peak is just after the global economic and financial crisis. Besides these peak moments, the price has been very volatile in recent years. There have been periods of rising prices but also of falling prices. In 2025 and 2026 new nominal records in dollars followed.

Silver compared to gold

Silver is much cheaper per gram than gold, allowing you to start with smaller amounts and build up step by step. Conversely, the same value in silver takes up considerably more space, and you pay VAT on silver.

The ratio between the two metals is called the gold-silver ratio: the number of troy ounces of silver you need for one troy ounce of gold. It is currently at 66,3 and has fluctuated greatly over past decades, with a spike above 120 in spring 2020. A high or low level by itself is not proof that either metal is undervalued; it provides context, not a signal.

Read more about this in the gold-silver ratio explained, and follow the current level on our page with the gold-silver ratio chart.

Are you considering buying gold or do you want to know more about investing in silver? For those who want to diversify their assets, both metals can exist alongside each other.