How to Find the Current Prices of Silver Per Ounce

As well as being used for jewelry, silver is traded as a commodity.

As a precious metal traded on the international commodities market, silver rises and falls in value minute by minute during trading hours. This ever-changing value is known as the "spot price" -- technically, a price agreed for immediate settlement, usually within two days -- which is measured in dollars per troy ounce. The spot price of pure silver can easily be established by going online and following a few simple steps.

Instructions

1. Visit an online site specializing in tracking the prices of commodities such as the ones listed in the Resources section of this article. Simply clicking on the link will take you to the correct page.

2. Find the value of silver per ounce and in dollars displayed in a graph in the opened link. Such graphs show the value of silver over a 24-hour period.

3. Refresh the page for the very latest prices if it does not do so automatically.

References

• All About Buying Silver and Gold: Silver Spot Price

Resources

• Read this Article in Spanish