Current silver price

View the current and historical silver price here. The silver price is updated in real time and shows you the most current price of silver.

How is the current silver price determined?

The current silver price, like the gold price, is determined by supply and demand. When demand for silver rises in combination with limited supply, the silver price increases. If demand falls or supply increases significantly, the price comes under pressure.

An important difference with gold is that, in addition to its role as a precious metal, silver also has many industrial applications, such as in electronics, solar panels, medical instruments and batteries. This makes the silver price more sensitive to developments in the global economy and industrial demand.

In addition, exchange rate fluctuations between the US dollar and the euro play a role, as silver, like gold, is usually traded in dollars. Factors such as inflation, geopolitical tensions and the interest rate policy of central banks also influence the silver price.

What is the historical price of silver?

The historical price of silver shows that silver can fluctuate greatly in value over the years. Silver is often referred to as the 'volatile brother of gold': in times of economic uncertainty, its price often rises in line with gold, but usually by a greater percentage.

Around 1995, silver was worth approximately £0.13 per gram, and now the price of silver is around £1.22 per gram. That represents an increase of more than 600%.

The silver price saw notable peaks in 1980 (due to the "Silver Squeeze")[1]  , after the credit crisis in 2011 and again in 2020 (during the coronavirus pandemic). Since then, the price of silver has been clearly on the rise, partly due to growing demand for silver for industrial applications and a physical silver shortage.

In 2025, the price of silver reached record levels once again, with the price per kilogram exceeding £1,450 for the first time.

Period
Annual return on silver
Last 30 years
12-13% per year
Last 20 years
9% per year
Last 10 years
10-11% per year

Although silver increases in value in the long term, the fluctuations are greater than with gold. This makes silver interesting for investors who benefit from price movements, but at the same time more risky in the short term.

What is the outlook for the price of silver?

Analysts expect the price of silver to rise further in 2025 and 2026 due to a combination of increasing industrial demand (especially in the production of solar panels and electric vehicles) and economic uncertainties.

In October 2025, the price of silver peaked at over approximately £1,450 per kilogramme of silver. This means that the price of silver in 2025 had already risen by almost 50% compared to the beginning of this year.

According to the World Silver Institute and banks such as UBS and Goldman Sachs, the outlook is positive. The global energy transition in particular is creating additional demand for silver. How the silver price will develop further in 2025 and 2026 depends heavily on factors such as: inflation trendscentral bank interest ratesindustrial growth in Asiageopolitical stabilityAs a result, silver is increasingly regarded as a combination of a stable precious metal investment and a strategic raw material for industry.

Frequently asked questions

How do I open an account with GoldRepublic?

You can easily open an account on our website. After submitting your information and completing identity verification, you can begin buying precious metals right away.

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