BullionVault's Silver Price Live Chart

This silver price chart above is a live feed of the spot price in the wholesale market. It closes over the weekend and public holidays. BullionVault, on the other hand, never shuts. It allows you to trade silver 24 hours a day, every day of the year.

Set a custom silver price alert to be emailed whenever the silver price moves through your chosen value. Alternatively, follow our Tweets to be alerted whenever the silver price moves by a particular amount.

Yes, BullionVault gives you direct access to wholesale silver, gold, platinum and palladium at live professional-market prices, starting from as little as 1 gram at a time.

It's important to understand that the spot price shown above on BullionVault's chart is provided for reference. Like the spot price published by other sources (such as Reuters or Bloomberg) it represents the average of many wholesale quotes, and – crucially – it represents the average of those quotes' mid-points.

Spot, in other words, doesn't necessarily reflect a price you might actually get from any individual bank or dealer, and it cannot reflect the spread between prices to buy and prices to sell.

For private investors, only BullionVault gives you direct access to that trading spread, enabling you to set or accept silver prices to trade as you choose using our live Order Board.

You will benefit from the lowest costs for buying, selling and storing silver. You can also calculate commission and silver storage fees using our cost calculator

The Daily Price of silver is determined by London's biggest bullion banks, who agree on a price to clear their outstanding client and inhouse orders at a fixed time each day. The London Bullion Market Association publishes this price on its website.

The price is determined on IN working weekdays at midday London time for silver (3pm for gold, 2pm for platinum and palladium). The prices are made public at midnight. Orders are processed shortly after the price is determined using a provisional estimated price, and then adjusted to the published price on the following working day. Place your order for silver by 11:40am to secure the daily price shown (2:35pm for gold, 1:35pm for platinum and palladium).

No Daily Price is published on Saturday or Sunday, or on certain IN public holidays.

Yes. Ordering at the Daily Price is an easy way to buy and sell silver. Tell us how much you want to trade and we'll do the rest for you.

The actual bullion and cash normally take two working days to settle to your account. For a purchase, your funds stay in your account and are reserved until the bullion is settled. Likewise, for a sale, the bullion you are selling is reserved in your account until you receive the cash, typically after two working days.

Open orders are only executed on days when an appropriate price is published.

The Daily Price of silver is published in troy ounces in US Dollars, Euros and British Pounds (1 troy oz = 0.0311034768 kg). On BullionVault, you place orders in kilograms. We convert the as-published price of silver per ounce to a price of silver per kg and round up to the nearest Dollar, Euro or Pound. We use the same silver price per kg for buying and for selling with no spread.

Many factors impact the changing price of silver, including industrial supply and demand, central bank monetary policy, inflation and the performance of stock markets and bonds.

Articles exploring silver prices and analysing their relationship with the financial markets are published on BullionVault's Gold News each day. Additionally, once you open a BullionVault account, you can opt-in to receive the Weekly Market Update. This weekly email explores and discusses current movements in gold, platinum, palladium and silver prices and the reasons behind them.

BullionVault is the world's largest online investment gold, platinum, palladium and silver service, currently taking care of some $4.1 billion for more than 100,000 users.

Yes. You can monitor the silver price today by changing the chart scale above to 10 minutes, 1 hour, 6 hours or 1 day. You can also keep track of the silver price on your iPhone or Android device with the BullionVault App.

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. Currently, the spot price for 1kg of silver is .

However, it's possible to track the real-time changing price of silver in kg, plus daily, weekly, monthly and yearly trends from the last 20 years using BullionVault's live silver price chart above.

The future price of silver in 2030 is difficult to predict, as bullion prices can fluctuate by the second, let alone from year to year. As with any investment, it is not possible to create a 100% reliable projection or forecast for future performance.

However, it's possible to view historic and real-time prices from past years using BullionVault's silver price chart above. Looking at the 20-year view, you can see that silver prices reached all-time highs in US Dollar, Sterling and Euro in March 2011.

Track the changing price of silver, as well as historic trends, using BullionVault's live silver price chart above.

The value in buying and selling silver depends on the current market price of the bullion and the price at which it was purchased, as well as the buyer's intentions.

For example, are they adopting a long-term view or day trading? Either way, the simplicity of owning physical silver bullion offers appealing security versus volatile digital currencies.

For more information on buying and selling silver, read our dedicated guide.

Silver bullion can be viewed as a good investment depending on the form in which it is bought. Retail silver coins and small bars incur 20% VAT when purchased in the UK. But when traded in wholesale (1,000 Troy ounce) bar form and stored in an LBMA approved warehouse, silver is VAT-free, significantly improving an investor's return in comparison with coins and small bars.

When investing in silver as a way to spread risk, before you buy it is a smart idea to think about costs, security and simplicity. BullionVault addresses these issues to make your silver investment cheaper, safer and easier.

For more information on best practice in buying and selling silver, read our dedicated guide.

The price of silver can change by the second – as dictated by supply and demand – as well as the currency that the buyer wishes to use to purchase their silver. Currently, the spot price for 1 Ounce (1 oz) of silver is .

However, it's possible to track the real-time changing price of silver in either kilograms or ounces, plus daily, weekly, monthly and yearly trends using BullionVault's live silver price chart above.