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.

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 increases in combination with limited supply, the silver price rises. 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 price of silver. 

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 along with gold, but usually at a higher rate.

Around 1995, silver was worth approximately $0.13 per gram, and now the silver price 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.

In 2025, the price of silver reached record levels once again, with the price per kilogram exceeding $1,450 for the first time.

Period
Annual return on silver
Last 30 years
12-13% per year
Last 20 years
9% per year
Last 10 years
10-11% per year

The return figures above provide an overview per period.

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 price of silver to rise further in 2025 and 2026 due to a combination of increasing industrial demand (especially in the production of solar panels and electric vehicles) and economic uncertainties.

In October 2025, the price of silver peaked at over approximately $1,450 per kilogram. This means that the price of silver in 2025 had already risen by almost 50% compared to the beginning of this year.

According to the World Silver Institute and banks such as UBS and Goldman Sachs, the outlook is positive. The global energy transition in particular is creating additional demand for silver. How the silver price will develop further in 2025 and 2026 depends heavily on factors such as:

- inflation trends
- central bank interest rates
- industrial growth in Asia
- geopolitical stability

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

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.

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.

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 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.

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