Sell 23.288
Spread Spread0.056
Buy 23.344

Trade Silver Spot - Silver price chart

Sell 23.288
Spread Spread0.056
Buy 23.344


What is silver?

Silver is one of the most used precious metals along with gold and platinum. With its physical and chemical properties, it partly resembles gold and the copper, which is why it is placed between the two on the periodic table. Silver can be sometimes found in nature on its own, but in general, it is extracted as a by-product in the ores of other metals such as copper, gold, lead, zinc and copper-nickel ores. Hence, the quantity of silver produced is tightly related to the production of these metals. The commodity can also be recovered from silver scrap metal which is recycled.

Thanks to the highest degree of electrical and heat conductivity among the metals, silver is a versatile commodity used in a variety of ways across different industries. It has wide application in industries such as electronics, medical, energy as well as in jewellery. Because it is a scarce precious metal, it is also used as an investment asset and as a means to store value. Throughout history it was often used as a currency.

The silver value can be influenced by both industrial and economic factors. Namely, supply and demand of silver can move the value upwards or downwards as well as the inflation rate and the changes in the gold price. While there might be a slight decrease in the supply for silver, industrial and overall demand for this precious metal remains stable during normal economic activities.

The silver price has an inverse relation with the US dollar, meaning that when the dollar value falls, silver price tends to increase. Hence, investors should put silver related news on their watchlists to be able to detect potential impacts on the silver spot price.
Derivative instruments related to this precious metal can be found on different commodity exchanges such as the NYMEX or the Intercontinental Exchange. The silver spot price may be quoted per ounce, per gram or per kilo.


Silver price movements in the past

The weekly price chart shows that silver was moving within a range for a better part of the last decade. It reached the highest price for the 2010/2020 period in April 2011 when silver was trading at around $49 (£40) and afterwards the value was gradually decreasing.

Also, from the daily price chart, it can be seen that during the second half of 2019 the silver price was also moving sideways until it broke the support level, which was defined around the $16.5 (£13.4) on 12 March 2020.


How to invest in silver

So, how to invest in silver and which investment method is preferred? Well, there are different ways through which you can invest in silver: you can hold the commodity in its physical form or you can trade derivative instruments.


Investing in the physical form of silver means that you purchase silver bullion or silver jewellery and sell the holding when it reaches the desired price. However, this form of investing decreases your liquidity and it requires that you keep the silver somewhere safe. Also, you might need to pay a price that is above the silver spot price because the dealer adds a certain margin above the spot price to cover their business expenses.


Trading derivatives like futures or options are another way for trading silver and more experienced traders usually use them. When trading futures, you need to pay attention to close the contracts or otherwise, delivery should take place. On the other hand, trading options do come with certain benefits but keep in mind that you pay a non-refundable premium to the seller. So, in case you have a smaller amount of capital for investing, the premium can eat up a portion of your available capital.


The tokenised assets offered by may be a preferred mode for trading silver. created tokens through which you can profit from the silver price movement without actually holding the silver or paying a premium. When you purchase a tokenised silver, you speculate on the price changes and with a well-developed strategy, you can open profitable positions.


The tokenised assets are enabled due to the blockchain technology utilised by, which is used to create tokens for real tradable assets available on the exchanges. The process of recording data and keeping track of transactions is much easier and efficient with blockchain technology. Also, third-party intermediaries can be eliminated from the trading process.


In addition, trading tokenised commodities is even easier if you own cryptocurrencies such as Bitcoin or Ether.’s leveraged trading platform gives traders the opportunity to trade tokenised commodities with crypto or fiat. You don't have to bother to convert your crypto into fiat money before you trade silver.


Also, silver trading with tokens means that you can speculate on larger positions with smaller capital due to the leverage available from You can buy tokenised silver with capital enough to cover a fraction of the position's value and this fraction is 0.5 per cent margin. It shows that offers a leverage of up to 1:200 when you decide to trade tokenised silver using its leveraged trading platform.


Imagine that you want to enter a position with silver valued at $5,000 (£4,075), but you have only $300 (£244) of capital available. You can only open positions up to the amount of capital you have. But this is not the case when you trade tokenised silver on because you can open the same $5,000 position with the 0.5 per cent margin or just $25 (£20) of your capital. Accordingly, you will make a profit from a position worth $5,000 by investing only $25 of your capital.


Tokenised silver trading guide

By now, there are plenty of benefits in favour of trading tokenised assets, yet there is also one more benefit. The silver trading process on the trading platform is very easy to understand and it consists of the following steps:

  • Step 1: You can register an account with when you finish the two-factor authentication security (2FA) which enhances the platform security.
  • Step 2: Choose how much capital you want to put on your account and here you can decide to use Bitcoin or Ethereum or you can add fiat money.

Step 3: Using the margin offered by, you should define the value of your position.

  • Step 4: You speculate on the price movement by taking a long position with a tokenised asset or you can take a short position.
  • Step 5: The buy and sell orders from traders on the platform are linked to each other and will connect the open positions through, LMAX Digital or different exchanges such as Binance, Bitstamp, Kraken, NASDAQ, NYSE and Gain Capital.
  • Step 6: You can determine when to close the positions and collect the profits made.


Why trade tokenised silver with

Silver trading at’s tokenised assets exchange has a number of advantages. Tokenised assets are underpinned by robust and immutable blockchain technology. Opening a trade will give you a token that tracks and moves according to the underlying instrument's price.

  • One-stop crypto trading platform

Trade tokenised silver with Bitcoin or Ethereum. Benefit from the commodity's price movements without turning your crypto assets into fiat.

  • Tight spreads

Trade tokenised silver with a tight market spread, benefit from maker rebates and competitive taker fees.

  • Leverage

Experienced traders can trade the world's top markets, like silver, with up to 1:200 leverage.

  • Effective risk management

Manage your risks and secure your profits with stop loss and take profit orders. Save your assets with negative balance protection.

  • Instant order execution

We have a scalable and low latency order management system, which can execute 50 million trades per second.

  • Safe regulation operates under new Belarusian regulation with best-in-class AML and KYC laws. Regulatory details and fees are upfront.


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Silver price history

Date Close Change Change(%) Open High Low
Oct 15, 2021 23.288 -0.204 -0.87% 23.492 23.576 23.056
Oct 14, 2021 23.493 0.444 1.93% 23.049 23.570 22.885
Oct 13, 2021 23.050 0.522 2.32% 22.528 23.234 22.454
Oct 12, 2021 22.529 -0.020 -0.09% 22.549 22.755 22.332
Oct 11, 2021 22.548 -0.043 -0.19% 22.591 22.813 22.486
Oct 10, 2021 22.590 -0.087 -0.38% 22.677 22.691 22.555
Oct 8, 2021 22.632 0.061 0.27% 22.571 23.176 22.421
Oct 7, 2021 22.573 -0.075 -0.33% 22.648 22.792 22.372
Oct 6, 2021 22.648 0.035 0.15% 22.613 22.666 22.196
Oct 5, 2021 22.612 0.010 0.04% 22.602 22.646 22.359
Oct 4, 2021 22.603 -0.044 -0.19% 22.647 22.690 22.269
Oct 3, 2021 22.647 0.130 0.58% 22.517 22.767 22.514
Oct 1, 2021 22.511 0.426 1.93% 22.085 22.572 21.979
Sep 30, 2021 22.084 0.532 2.47% 21.552 22.222 21.457
Sep 29, 2021 21.551 -0.930 -4.14% 22.481 22.539 21.410
Sep 28, 2021 22.480 -0.138 -0.61% 22.618 22.656 22.089
Sep 27, 2021 22.618 0.213 0.95% 22.405 22.835 22.402
Sep 26, 2021 22.404 -0.030 -0.13% 22.434 22.438 22.387
Sep 24, 2021 22.417 -0.138 -0.61% 22.555 22.788 22.096
Sep 23, 2021 22.555 -0.123 -0.54% 22.678 22.868 22.451