Silver Spot (XAG/USD) Live Price
Silver Live Price Chart
1D and 5D plot 5- and 30-minute intraday candles; 1M–6M plot daily candles. Prices are indicative and may be delayed.
Period returns — 1D is the latest session move (the last completed session when the market is closed); 1W–1Y are computed from real daily closing history. Each window is shown only when its data is available.
Key Statistics
Technical Summary
5 of 5 signals read sell.
Computed from real daily price history (RSI 14, SMA 20/50/200, MACD 12/26/9) · as of Oct 16, 22:14 UTC. Not investment advice.
About Silver
XAG/USD — the XAG spot price — is silver quoted in US dollars per troy ounce, trading over the counter on the same bullion desks as gold and updating nearly around the clock on weekdays. Silver is a hybrid asset: it trades as a monetary metal alongside gold, but roughly half of annual demand is industrial — electronics, electrical contacts and, increasingly, solar photovoltaics — so it also responds to the manufacturing cycle in a way gold does not.
Because silver pays no income, it shares gold's sensitivity to US real yields and to the dollar: rising real yields and a stronger dollar both raise the cost of holding the metal and weigh on the price, with the opposite holding when yields fall or the dollar softens. The market is also far smaller and less liquid than gold's, which makes silver markedly more volatile and prone to amplifying gold's moves in both directions. Traders watch the gold/silver ratio — how many ounces of silver it takes to buy one ounce of gold — as a long-running gauge of relative value, treating extremes as a signal the pair may be due to converge. Like gold, silver trades OTC in London with futures on COMEX.
The market for Silver is currently closed. At the last close it stood at 57.02, a move of -0.08 (-0.14%) versus the previous close of 57.10, after ranging between 57.02 and 57.94 over that session. FXMARE's technical engine currently reads the setup as Strong Sell.
Looking for more commodities? Browse all Commodities quotes, check the economic calendar, or track your trades in the FXMARE trading journal.
Silver — frequently asked questions
What is the XAG/USD spot silver price?
This page shows the live XAG spot price - silver quoted in US dollars per troy ounce - with an intraday chart and the day's range. XAG is the ISO 4217 code for one troy ounce of silver, so XAG/USD, XAGUSD and "XAG spot" all describe the same instrument, distinct from silver futures or silver-backed ETFs. Spot silver trades over the counter nearly around the clock on weekdays.
Why is silver quoted as a forex pair?
Spot silver settles in US dollars on the same over-the-counter bullion market that banks run alongside their currency desks, and it carries its own ISO 4217 code - XAG - so it is quoted like a currency pair rather than as a futures contract. Platforms usually list it in a metals group alongside spot gold.
Why is silver more volatile than gold?
The silver market is far smaller and less liquid than gold's, so a given flow moves the price further. Roughly half of silver demand is industrial - electronics, electrical contacts and solar panels - which layers the manufacturing cycle on top of the monetary drivers gold responds to. Silver therefore tends to amplify gold's moves in both directions, including its swings against US real yields and the dollar.
What is the gold/silver ratio?
The gold/silver ratio is simply how many ounces of silver it takes to buy one ounce of gold at current prices. Because silver is more volatile and only partly monetary, the ratio swings across a much wider historical range than most cross-asset ratios, and traders watch its extremes as a sign the two metals' relative pricing may be stretched and due to mean-revert. Since neither metal pays a yield, rising US real interest rates or a stronger dollar tend to pressure both prices lower together - it's the ratio between them, not just the outright price, that isolates the relative-value signal.