Silver exchange prices on the 29/05/2026 to 17:28

What is the spot silver price?

The silver price, also known as the spot price, is the price at which silver metal is traded in real time on the international financial markets. It is expressed in U.S. dollars per troy ounce, a unit specific to precious metals equivalent to 31.1035 grams, then converted into euros according to the current EUR/USD exchange rate.

The global reference is the LBMA Silver Price, administered by the IBA (ICE Benchmark Administration) and published once a day at 12:00 GMT. This fixing brings together the world's leading banks, specialized trading houses and industrial players. Outside this fixing, silver is traded continuously from Monday to Friday on New York's COMEX, London's LBMA, as well as on the Zurich, Hong Kong and Sydney exchanges.

On our page, we display the price per ounce, per gram and per kilogram directly in euros, with the variation in real time, for immediate reading without the need for conversion.

Spot and bullion prices: what's the difference?

The spot price is the reference price of pure silver (999 ‰) on institutional wholesale markets. It is not the price at which an individual buys or sells.

When you buy a 1kg ingot, 100g bullion or a coin such as the Silver Eagle, Maple Leaf or Philharmoniker, the price incorporates a premium above the spot covering manufacturing, packaging, insurance costs and the professional's margin.

Unlike gold, premiums on physical silver are structurally higher: around 5 to 10% for a 1 kg ingot, and up to 15 to 20% for small formats or common coins. Since silver is much less dense than gold, producing an ingot of equivalent value requires more material, space and handling. On resale, this premium is only partially returned: an essential point to factor into your profitability calculations.

Why is the price of silver so volatile?

The price of silver is structurally more volatile than that of gold, both upwards and downwards. The main reason: silver is both a safe-haven asset and a strategic industrial metal, which exposes it to contradictory forces.

Around 55-60% of global demand is industrial: photovoltaic solar panels, electronics, electric cars, medicine. This dependence on economic cycles can lead to sharp contractions in demand during downturns, a sensitivity not shared by gold. Added to this is a structurally rigid supply: 70-75% of silver is mined as a by-product of copper, zinc or lead mines, whose volumes are decided independently of its price.

Like gold, silver reacts to real interest rates, inflation and variations in the dollar, but with a characteristic amplification effect. Speculative flows via ETFs and COMEX futures further accentuate these two-way movements.

How to buy silver metal?

Investing in physical silver is accessible to all budgets. An investor can start with less than €100, making it a much more affordable entry point than gold. There are, however, a few principles to bear in mind.
For a long-term asset investment, certified ingots from 500g to 1 kg offer the lowest premium over the spot price.

For a gradual approach, ingots (100g, 250g) and bullion coins minted by official mints - Silver Eagle, Maple Leaf, Philharmoniker, Britannia - are ideal: recognizable, liquid and widely accepted on the international market.

Always use an authorized professional. The risk of counterfeiting is higher with silver than with gold, due to the lower unit value of the products. A recognized specialist will guarantee authenticity, issue a certificate and advise you on the timing of your purchase.
And don't forget storage: €10,000 in silver represents several kilograms of metal, far more than the equivalent in gold. Whether you choose a personal safe, a bank vault or a secure storage service provided by a professional, this cost must be factored into your overall profitability calculation.

How to sell silver at the best price?

As silver is more volatile than gold, the timing of the sale is particularly decisive. Bullish phases linked to a shock in industrial demand, dollar weakness or rising geopolitical tensions are generally the most favorable windows of opportunity. Follow the share price on a daily basis, using the tools available on this page.

Choose a specialized professional who is transparent about his reference price and offers immediate payment. For coins, an expert will also be able to value vintages or special editions over and above the simple value by weight.

Tax-wise, the sale of physical silver in France offers a choice of two regimes:
The flat-rate tax on precious metals: 11.5% on the sale price, with no proof of purchase required.
Capital gains tax: 36.2% on the actual capital gain, with a 5% allowance per year of ownership beyond the 2nd year, i.e. total exemption after 22 years.

FAQ : Frequently asked questions about the price of silver

How is the daily silver price determined?

Via the LBMA Silver Price, published at 12:00 GMT (13:00 in France in winter, 14:00 in summer). Outside this fixing, the price fluctuates continuously on the COMEX and OTC markets. Our table is updated in real time.

What's the difference between spot and bullion prices?

The spot price is the wholesale price of pure silver on institutional markets. The price of an ingot or coin is always higher: it includes a manufacturing, packaging and commercial margin premium, proportionally higher than for gold.

What is the gold/silver ratio?

It indicates how many ounces of silver are needed to buy an ounce of gold. Historically around 15 to 16, it now fluctuates between 60 and 90, meaning that silver remains historically undervalued in relation to gold.

Does silver protect against inflation?

Like gold, silver is a tangible asset independent of any government or central bank. It is a recognized store of value in times of inflation, but its industrial dimension can penalize it if inflation is accompanied by an economic slowdown. It is ideally integrated into a wealth diversification strategy.