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Silver

Commodity · USD/oz
27.77
0.08
(0.28%)
DAY HIGH
27.83
DAY LOW
27.76
PREV CLOSE
27.69
1 YR RETURN
36.78%
52 WEEK RANGE
17.47
-
29.92

Silver Chart

About & Performance

Silver (Ag) is a precious metal that’s around 1/80 the price of gold.

Demand for silver comes equally from both industrial and investment avenues (significantly more than gold's 11% industrial demand). This unique balance means that the economic outlook for the world economy can directly affect the price.

The U.S. Geological Survey (2015) states the global usage of silver is:

  • Electrical & Electronics - 29%
  • Coins & Medals - 25%
  • Photography - 8%
  • Jewellery & Silverware - 7%
  • Other - 31%

The London bullion market (LBMA) is regarded as the industry benchmark with the spot price set once daily at 12:00pm GMT in US dollars. COMEX Futures are usually quoted online as they are transparent and trade 24 hours a day.

The ETFs Physical Silver (ETPMAG) is the only ASX listed ETF that tracks the physical price of silver.

Market Index tracks the COMEX Futures.

Silver Prices AUD USD
Troy ounce (oz) $36.121 $27.77
Pound (lb) $526.767 $404.978
Gram (g) $1.161 $0.893
Kilogram (kg) $1,161.323 $892.825

11:12 am 16/06 AEST USD/oz

Performance USD/oz Amount Change
1 Week -0.16 -0.57%
1 Month +0.22 +0.78%
3 Month +1.78 +6.85%
6 Month +3.12 +12.63%
1 Year +10.22 +58.19%

11:12 am 16/06 AEST USD/oz

ASX Silver Companies

Closed - 06/2021
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The ASX doesn’t have many silver companies. Most companies mine silver as a by-product of producing other metals (e.g. lead, zinc, copper and gold). Australia holds around 16% of the world’s silver resources with 55% located in Queensland [1]. View an image of Australia’s 2016 silver deposits and operating mines.

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Historical Chart

Resources

Excel Icon

Comodities Workbook

(Spreadsheet)

Download a spreadsheet of the official silver price (USD/oz) since 1968.

Map Icon

All Australian Mineral Resources (9 Maps)

(High-Definition Map)

A list of Australia's major minerals with statistics and maps outlining all known deposits and operating mines.