Current silver price

View the current and historical silver price here. The silver price is updated in real time and shows you the most current price of silver.

Contact us Open an account

Gold price Silver price Platinum price

—

Change / (abs)

— · —

Live high

—

Live low

—

How is the current silver price determined?

The current silver price, like the gold price, is determined by supply and demand. When demand for silver rises in combination with limited supply, the silver price increases. If demand falls or supply increases significantly, the price comes under pressure.

An important difference with gold is that, in addition to its role as a precious metal, silver also has many industrial applications, such as in electronics, solar panels, medical instruments and batteries. This makes the silver price more sensitive to developments in the global economy and industrial demand.

In addition, exchange rate fluctuations between the US dollar and the euro play a role, as silver, like gold, is usually traded in dollars. Factors such as inflation, geopolitical tensions and the interest rate policy of central banks also influence the silver price.

Contact us Open an account

What is the historical price of silver?

The historical price of silver shows that silver can fluctuate greatly in value over the years. Silver is often referred to as the 'volatile brother of gold': in times of economic uncertainty, its price often rises in line with gold, but usually by a greater percentage.

Around 1995, silver was worth approximately £0.13 per gram, and now the price of silver is around £1.22 per gram. That represents an increase of more than 600%.

The silver price saw notable peaks in 1980 (due to the "Silver Squeeze")[1] , after the credit crisis in 2011 and again in 2020 (during the coronavirus pandemic). Since then, the price of silver has been clearly on the rise, partly due to growing demand for silver for industrial applications and a physical silver shortage.

Period

Annual return on silver

Last 30 years

10% per year

Last 20 years

11-12% per year

Last 10 years

16-17% per year

In 2025, the silver price reached new record highs, with the price per kilo already exceeding £1,660 by the end of the year. In early 2026, the price of silver climbed even further, surpassing £2,330 per kilo.

Although silver increases in value in the long term, the fluctuations are greater than with gold. This makes silver interesting for investors who benefit from price movements, but at the same time more risky in the short term.

What is the outlook for the price of silver?

Analysts expect the silver price to continue its ascent in 2026, driven by a combination of surging industrial demand, particularly from solar panel and electric vehicle (EV) manufacturing, and ongoing economic uncertainty.

According to the World Silver Institute and major investment banks such as UBS and Goldman Sachs, the outlook remains bullish. A recent Reuters poll suggests the silver price could climb to $79.50 per troy ounce in 2026, while UBS has even projected a peak of $100 per troy ounce by mid-2026.

The global energy transition is the primary catalyst for this increased demand. How the silver price ultimately evolves throughout 2026 will depend heavily on factors such as:

inflation development
central bank interest rates
industrial growth in Asia
geopolitical stability

As a result, silver is increasingly regarded as a combination of valuable precious metal investment and strategic raw material for the industry.

Contact Buy silver at GoldRepublic

Buy silver at a competitive daily price

Through GoldRepublic, you can buy certified silver bars from renowned smelters. You can already buy silver from one gram (or from €50 deposit), at the current silver market price.

Also save silver is one of the options. Each month, you automatically deposit an amount for which silver is purchased at the current silver price. This way, you can build up a supply of physical silver step by step, without having to trade actively.

Buy silver at GoldRepublic

Frequently asked questions

How is the silver price determined?

The silver price is determined by global supply and demand on international commodity exchanges such as COMEX and the London Bullion Market.

Which factors influence the silver price?

Industrial demand, currency fluctuations, inflation expectations and geopolitical tensions can all influence the silver price.

How do I read a silver price chart?

A silver price chart shows price movements over time. The vertical axis represents price and the horizontal axis represents time.

Is the current silver price a good time to buy?

Whether the current price is attractive depends on your long-term investment strategy and outlook for the market.

What influence do central banks have on silver prices?

Central banks influence precious metal prices through interest rate policies and monetary stimulus.

Is the silver price the same everywhere?

The global spot price is the same worldwide, but final prices vary due to dealer margins, transport costs and taxes.

How often does the silver price change?

The silver price changes continuously during global trading hours and can update every few seconds.

Will the silver price rise in the future?

Price forecasts depend on supply shortages, industrial demand and macroeconomic conditions.

Can the silver price fall?

Yes. Silver prices are volatile and can decline due to market corrections or investor sentiment.

Want to create wealth by investing in precious metals?

Open an account for free and discover how easy it is to trade physical bullion with GoldRepublic

Open your free account

Closing price (31 Dec)	Return (%)	£/kg	£/toz	£/g
2025	+125.48%	£1,695.68	£52.74	£1.70
2024	—	£752.04	£23.39	£0.75

GoldRepublic