Silver Price Per Ounce Calculator
Here's a comprehensive table summarizing the key information about the current silver price per ounce:
| Aspect | Details |
|---|---|
| Current Price | $30.34 per ounce |
| Date | November 15, 2024 |
| Year High | $34.83 per ounce |
| Year Low | $21.93 per ounce |
| Year-to-Date Change | +26.89%1 |
| All-Time High | $49.51 (April 2011)1 |
| Trading Symbol | SIUSD |
| Market | Commodity |
| 50-Day Average Price | $31.5838 |
| 200-Day Average Price | $28.5386 |
Key Insights
Price Volatility: The silver market has shown significant volatility over the past year, with a range of $12.90 between the year's high and low prices.
Strong Performance: Silver has demonstrated robust growth in 2024, increasing by 26.89% since the beginning of the year
1.Market Expectations: According to Trading Economics global macro models and analysts' expectations, silver is projected to trade at $32.96 per ounce by the end of the current quarter and reach $35.54 in 12 months1.
Trading Characteristics: Silver is traded globally on numerous exchanges, with prices fluctuating constantly due to supply and demand dynamics. The market operates 24/7, with trading continuing in different global markets as others close2.
Price Accessibility: Silver prices per ounce are readily available in newspapers and online, making it easy for investors and traders to stay informed about current market conditions2.This table and additional information provide a comprehensive overview of the current silver market, including its recent performance, historical context, and future projections.