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Silver's current price on Wednesday, November 5, 2025

Joseph HostetlerBy Joseph HostetlerStaff Writer, Personal Finance
Joseph HostetlerStaff Writer, Personal Finance

    Joseph contributes to Fortune's personal finance section as a staff writer. Since 2016, he's been reporting on personal finance, having previously worked as a reporter and editor for publications such as Business Insider and The Points Guy. His work has also appeared in prominent publications including AP News, CNN, and Newsweek, among others.

    Price of silver for November 5, 2025
    Getty Images

    At 8:15 a.m. This afternoon, Eastern Time, silver was valued at $47.71 per ounce. This is a decrease of $0.09 from the same time yesterday, yet it signifies an increase exceeding $15 over the preceding year.

    TL;DR

    • Silver was valued at $47.71 per ounce on November 5, 2025, down $0.09 from yesterday.
    • Silver has historically lagged stocks, but is a "store of value" protecting against inflation.
    • Silver prices fluctuate due to industrial uses; gold is primarily a secure investment.
    • Experts predict silver's 2025 performance will surpass gold, with potential for further gains.
    Silver price per ounce% Change
    Price of silver yesterday$47.80-0.18%
    Price of silver 1 month ago$48.10-0.81%
    Price of silver 1 year ago$32.65+46.12%
    Price of silver yesterday
    Silver price per ounce$47.80
    % Change-0.18%
    Price of silver 1 month ago
    Silver price per ounce$48.10
    % Change-0.81%
    Price of silver 1 year ago
    Silver price per ounce$32.65
    % Change+46.12%

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    Silver's past performance 

    Silver generally isn't considered a strong investment for rapid appreciation. Compared to other investments, such as stocks, it has historically lagged behind. Since 1921, silver has lagged behind the S&P 500 by approximately 96%. An investment split equally between silver and stocks at that time would now result in silver holdings being worth 96% less than stock holdings. 

    Silver is valued for its steadiness and its capacity to protect against rising prices. Frequently referred to as a “store of value,”, it generally maintains its buying power during periods of rising inflation. 

    Silver prices typically fluctuate more dramatically than gold, driven by industrial applications like solar panels and medical equipment, while gold primarily functions as a secure investment.



    The meaning of “spot silver” is unknown. 

    “Spot silver” refers to the live market rate at which silver can be bought or sold instantly. However, in practice, purchasers typically incur additional costs beyond the spot price for markups, transportation, insurance, and various other charges. 

    The current market price reflects immediate demand, with a higher price indicating greater buyer interest. 

    Silver price spread explained. 

    The term “price spread” refers to the gap between the ask and bid prices for silver. The definitions for these terms are as follows. 

    • Ask price: the cost to purchase silver. 
    • Bid price: the amount you receive when you sell silver. 

    A narrower spread indicates high demand. 

    Investing in silver 

    You can gain exposure to silver by directly owning it or by investing in silver-backed exchange-traded funds (ETFs). With ETFs, you can hold a share of a fund containing silver, avoiding the need for personal storage and insurance. 

    Key silver investment options include: 

    • Bullion bars and rounds. These are sold by weight and purity 
    • Government-minted silver coins. Iconic examples include American Silver Eagles and Canada’s Silver Maple Leafs, which often trade at premiums for their rarity and backing. 
    • Silver jewelry. Bespoke items commanding prices exceeding that of bullion of equivalent purity. 
    • Silver mining equities. Stocks in companies extracting silver, offering a sort of indirect investment in silver. 

    On exchanges, bullion and coins are required to have a minimum purity of 99.9%. Silver with less purity is typically classified as either collectible or industrial grade. For further details on how to wisely invest in silver and other precious metals, consult our guide at best silver IRA companies.



    Now might be a favorable moment to consider investing in silver. 

    The price of silver has seen a significant increase of almost 25% during 2025, reaching its highest point in more than ten years. 

    Your personal market outlook will determine if now is the right time for you to invest. If inflation is a primary concern, incorporating precious metals might be a wise move. Alternatively, if industrial uses like electronics are anticipated to grow, demand might drive prices up further. 

    Today's current precious metals pricing as of 8:15 a.m. ET

    Precious metal Price per ounce
    Gold$3,966.85
    Silver$47.71
    Platinum$1,542.40
    Palladium$1,423.72
    Gold
    Price per ounce$3,966.85
    Silver
    Price per ounce$47.71
    Platinum
    Price per ounce$1,542.40
    Palladium
    Price per ounce$1,423.72

    Platinum and palladium, much like silver, display fluctuating price trends because of their more limited market sizes, whereas gold consistently serves as the standard. Due to its more extensive market, gold exhibits greater stability.

    Pro tip

    Preferring gold to silver? Check out our selections for the best gold IRA companies.  



    The key point 

    Given the ongoing economic instability in today's market, it's worth at least a brief consideration of precious metals. Experts predict silver's 2025 performance will continue to surpass gold's, with the potential for further gains that could drive silver to new all-time highs. 

    Due to its more affordable price point than gold, silver also serves as a readily available hedge. You can prepare to profit from expected silver demand by investing in physical bullion, ETFs, or mining stocks.

    Commonly posed questions

    What proportion of my investments ought to be dedicated to silver?

    A common recommendation from advisors is to limit silver investments to 10% to 15% of a portfolio, with overall precious metal investments not exceeding 20%.

    Is it possible to hold silver within an IRA?

    Yes—IRA-eligible silver coins and bars (99.9% pure) stored with an IRS-approved custodian qualify. Coins with less silver, like those from the U.S. Before 1965. Coins that typically contain about 90% silver and are referred to as constitutional silver are not allowed. However, silver coins and jewelry not meeting the 99.9% purity standard can still be kept or worn independently of retirement funds.

    What factors will influence silver's price in 2025? 

    This year's rise in silver prices is a result of limited availability and strong interest from both industrial consumers and investors.

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