At 8:15 Eastern Time, silver was priced at $58.79 per ounce. This marks an increase of $1.19 compared to the same time yesterday, and it signifies a rise exceeding $27 over the preceding year.
TL;DR
- Silver priced at $58.79 per ounce on December 3, 2025, up $1.19 from yesterday.
- Silver has surged nearly 25% in 2025, reaching its highest levels in over a decade.
- Silver is valued as a store of value and hedge against inflation, despite historical underperformance versus equities.
- Investment options include bullion, coins, jewelry, and silver mining equities or ETFs.
| Silver price per ounce | % Change | |
|---|---|---|
| Price of silver yesterday | $57.60 | +2.06% |
| Price of silver 1 month ago | $48.70 | +20.71% |
| Price of silver 1 year ago | $31.03 | +89.46% |
| Price of silver yesterday | |
|---|---|
| Silver price per ounce | $57.60 |
| % Change | +2.06% |
| Price of silver 1 month ago | |
| Silver price per ounce | $48.70 |
| % Change | +20.71% |
| Price of silver 1 year ago | |
| Silver price per ounce | $31.03 |
| % Change | +89.46% |
Check Out Our Daily Rates Reports
- Discover the highest high-yield savings rates, up to 5% for December 2, 2025.
- Discover the highest CD rates, up to 4.18% for December 2, 2025.
- Discover the current mortgage rates for December 1, 2025.
- Discover current refi mortgage rates report for December 2, 2025.
- Discover current ARM mortgage rates report for December 2, 2025.
- Discover the current price of gold for December 2, 2025.
- Discover the current price of silver for December 2, 2025.
Historical silver performance
Silver generally isn't considered a strong growth investment. In the past, it has lagged behind other investment avenues, such as equities. Since 1921, silver's performance has been approximately 96% worse than that of the S&P 500. This indicates that if the same amount of money had been put into silver and stocks at that time, the silver portion would now be worth 96% less than the stock portion.
Instead, 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 as inflation increases.
Silver's price movements are typically more volatile than gold's, largely because of its use in various industries like solar technology and medical instruments, while gold primarily functions as a secure investment.
What does “spot silver” mean?
“Spot silver” refers to the live market rate at which silver can be bought or sold instantly. That said, real-world buyers usually pay a premium over spot for markups, shipping, insurance, and other fees.
The current market price reflects immediate consumer interest; a greater spot price indicates heightened purchasing desire.
What does “price spread” signify within the realm of silver transactions?
The phrase “price spread” refers to the gap between the price at which silver is offered for sale (ask) and the price at which it's being bought (bid). 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.
How to invest in silver
You can gain exposure to silver by either directly possessing it or by investing in silver-backed exchange-traded funds (ETFs). These ETFs allow you to hold an interest in a fund that possesses silver, thereby relieving you of the burdens of storage and insurance.
Key silver investment options include:
- Bullion bars and rounds. These are sold by weight and purity
- Government-minted silver coins. Well-known instances are American Silver Eagles and Canada’s Silver Maple Leafs, which frequently command higher prices due to their scarcity and official endorsement.
- Silver jewelry. Custom pieces that fetch prices above equal-purity bullion.
- Silver mining equities. Stocks in companies extracting silver, offering a sort of indirect investment in silver.
On trading platforms, precious metals and coins are required to achieve a minimum 99.9% purity level. Silver with a lesser purity typically belongs to collectible or manufacturing sectors. Our resource on best silver IRA companies offers further details on how to wisely put money into silver (and other valuable metals).
Is now an opportune moment to put money into silver?
Silver has surged nearly 25% in 2025, hitting its highest levels in over a decade.
Your choice to invest at this moment hinges on your particular perspective on the market. Should inflation be a primary concern, incorporating precious metals might be a wise move. Alternatively, if you anticipate increased demand from industrial sectors, like electronics, this could potentially drive prices upward.
Today's current prices for precious metals, as of 8:15 a.m. ET.
| Precious metal | Price per ounce |
|---|---|
| Gold | $4,220.10 |
| Silver | $58.79 |
| Platinum | $1,638.70 |
| Palladium | $1,461.89 |
| Gold | |
|---|---|
| Price per ounce | $4,220.10 |
| Silver | |
| Price per ounce | $58.79 |
| Platinum | |
| Price per ounce | $1,638.70 |
| Palladium | |
| Price per ounce | $1,461.89 |
Gold continues to be the standard metal, whereas platinum and palladium display price fluctuations akin to silver because of their more limited market sizes. Gold's substantial market contributes to its relative steadiness.
The takeaway
Amidst ongoing economic instability in today's marketplace, precious metals warrant at least a brief examination. Silver's performance in 2025 has surpassed that of gold, and numerous analysts predict a strong possibility of continued growth, possibly propelling silver to unprecedented highs.
Silver's more affordable starting price relative to gold also renders it a reachable safeguard. Through physical precious metal, exchange-traded funds, or shares in mining companies, you can place yourself to gain from expected silver consumption.
Frequently asked questions
What proportion of my investments ought to be designated for silver?
A number of financial consultants recommend dedicating a maximum of 10% to 15% of one's portfolio to silver, ensuring that the overall investment in precious metals does not exceed 20%.
Can silver be held in an IRA?
Indeed—silver coins and bars that meet IRA eligibility requirements (99.9% pure) and are kept by an IRS-approved custodian are acceptable. Coins with a lesser silver concentration, like U.S. Coins minted before 1965, which typically contain approximately 90% purity and are referred to as constitutional silver, are not allowed. However, it goes without saying that silver coins and adornments not reaching the 99.9% purity standard can still be gathered or donned separately from retirement funds.
What factors will influence silver's value in 2025?
Silver's rise this year is a consequence of limited availability and strong interest from both manufacturing clients and those seeking investments.