How does the price of a kilogram of silver change?

The price of silver can change by the second, led by investment supply and demand as well as by changes in other markets (commodities, stocks or bonds) and also the currency that the investor wishes to use to buy their silver. Therefore, projections, predictions and forecasts are difficult for the future price of a kilogram of silver.

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.

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?