At 8:15 a.m. Eastern Time on November 6, 2025, silver cost $48.66 per ounce. That’s a $0.95 rise from yesterday and more than a $17 increase compared with last year.
TL;DR
- Silver cost $48.66 per ounce on November 6, 2025, up $0.95 from yesterday.
- Silver has underperformed the S&P 500 historically but serves as an inflation hedge.
- Silver's price fluctuations are higher than gold's due to industrial demand.
- Investors can buy silver via bullion, coins, ETFs, or mining stocks for portfolio diversification.
| Silver price per ounce | % Change | |
|---|---|---|
| Price of silver yesterday | $47.71 | +1.99% |
| Price of silver 1 month ago | $47.99 | +1.39% |
| Price of silver 1 year ago | $31.17 | +56.11% |
| Price of silver yesterday | |
|---|---|
| Silver price per ounce | $47.71 |
| % Change | +1.99% |
| Price of silver 1 month ago | |
| Silver price per ounce | $47.99 |
| % Change | +1.39% |
| Price of silver 1 year ago | |
| Silver price per ounce | $31.17 |
| % Change | +56.11% |
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- Discover the current price of silver for November 14, 2025.
Historical silver performance
Silver is not an asset to anticipate substantial gains from. Over extended periods, it substantially underperforms the equity market. From 1921 onward, silver's worth has fallen behind the S&P 500 by approximately 96%, indicating that an equal investment in both would result in the silver holding being valued around 96% lower on November 6, 2025.
Silver’s appeal lies in stability and hedging against inflation. Known as a “store of value,” it often preserves purchasing power when inflation bites, effectively petrifying the value of your money until you want to access it again.
Silver's price fluctuations are more significant than gold's due to its use in industries like electronics, medical equipment, and more, while gold primarily serves as a secure investment.
What does “spot silver” mean?
The “spot silver” price indicates the current rate at which silver could, in principle, be traded instantly. But we should note that buyers in the real world typically face premiums above spot to cover markups, shipping costs, and insurance.
Spot prices serve as an immediate indicator for investors, reflecting current market demand. In other words, an elevated spot price signals increased purchasing interest.
In silver trading, what does “price spread” signify?
“Price spread” denotes the difference between ask and bid prices:
- Ask price. This means the cost to purchase silver
- Bid price. This means the proceeds from selling silver
A narrow difference between buying and selling prices suggests robust trading volume, whereas a broad disparity may signal reduced market engagement.
How to invest in silver
Silver holdings can be physical or fund-based (ETFs).
ETFs provide a way to get exposure without dealing with storage or logistics, since the fund can still hold physical silver.
Popular silver investments include:
- Bullion. This is in the form of bars or rounds sold by weight and purity.
- Coins. Popular government-issued coins like American Silver Eagles and Silver Maple Leafs, which typically come with a higher price tag, appeal to buyers due to their visual appeal and the assurance of authenticity that government backing may provide.
- Jewelry. Think artisanal pieces that command prices above equivalent-purity bullion.
- Mining stocks. Investing in companies that mine silver provides an indirect way to gain exposure to silver.
Bullion and coins traded on exchange platforms are required to be at least 99.9% pure. Items not meeting this standard are generally considered industrial or collectible silver. For guidance on developing an investment plan for precious metals such as silver, consider consulting the best silver IRA companies.
Should investors consider buying silver right now?
Silver’s price has climbed almost 25% in 2025, reaching decade-high levels.
Your decision to purchase now depends on your investment approach. Gold and silver can serve as a safeguard against inflation, and their increasing application in industries like solar power and electronics might fuel additional appreciation. Nevertheless, those seeking more substantial returns could find them lacking.
Nov. 6, 2025 precious metals prices 8:15 a.m. ET
| Precious metal | Price per ounce |
|---|---|
| Gold | $4,009.61 |
| Silver | $48.66 |
| Platinum | $1,560.55 |
| Palladium | $1,410.98 |
| Gold | |
|---|---|
| Price per ounce | $4,009.61 |
| Silver | |
| Price per ounce | $48.66 |
| Platinum | |
| Price per ounce | $1,560.55 |
| Palladium | |
| Price per ounce | $1,410.98 |
Gold remains the dependable safe haven, while platinum and palladium exhibit volatility akin to silver, stemming from their more limited market sizes.
The takeaway
During times of economic instability, incorporating precious metals into an investment portfolio could be a wise choice. Silver has outperformed gold in 2025, and certain market watchers anticipate this upward trend will persist, possibly driving prices to record levels.
Due to its affordable price, silver is a more attainable option for the average investor. You can prepare to profit from a future rise in silver's value by investing in physical assets, ETFs, or mining stocks.
Frequently asked questions
The optimal percentage of your portfolio to allocate to silver varies depending on individual financial goals and risk tolerance.
Financial advisors generally suggest limiting silver investments to between 10% and 15% of a portfolio, with a maximum of 20% for all precious metals combined.
Can silver be held in an IRA?
Yes—IRA-approved, 99.9% pure coins and bars held by an IRS-approved custodian qualify.
Individuals opting to gather silver jewelry with lesser purity or pre-1965 U.S. Coins made of silver (typically around 90% pure and referred to as “junk silver”) should be aware these items are ineligible for IRA investment.
What factors will influence silver prices in 2025?
The current surge in silver prices is probably due to a combination of constrained availability and increased interest from both industrial applications and investors.