You can follow the price of silver using these charts in prices per ounce or kilogram, and can also choose what currency you want to see silver prices quoted in. Silver is typically denominated in U.S. Dollars per ounce, however, and this is how prices are usually quoted.
How is silver price calculated?
The silver spot price is calculated from silver future contracts, from worldwide markets such as the Commodities Exchange (COMEX), the London Bullion Market Association (LBMA), and the New York Mercantile Exchange (NYMEX). The price of the contract is set by silver supply and demand. What is the Silver Bid Price and the Silver Ask Price?
Are silver prices the same?
Silver prices are the same at any moment regardless of where you buy. Live silver prices always reflect silver traded in U.S. dollars. In local markets, the silver price in USD is converted to the local currency to reflect the price for one troy ounce of silver.
