Current Silver Price
At Metals Radar Singapore, we offer real-time updates on silver prices via our interactive live chart—designed to support timely and informed investment decisions. Prices are shown by default in US dollars per troy ounce, but you can easily switch to SGD or your preferred currency for a more tailored experience.
Silver has long played a dual role in industry and investment. As a versatile precious metal, it’s valued in Singapore for wealth preservation, portfolio diversification, and inflation protection. But like all commodities, silver prices fluctuate—so staying updated is key to making smart buy or sell decisions.
Visit our platform anytime to monitor live silver prices and explore historical data covering the past month, year, five years, or even decades.
Understanding the Silver Spot Price
The spot price of silver reflects its current global market value per troy ounce (approximately 31.1 grams) of 99.9% pure silver, typically quoted in USD. This benchmark is used to price most silver bullion products globally and in Singapore.
Keep in mind: when valuing silver jewellery or items with different purities, pricing varies based on silver content and craftsmanship.
What Is a Troy Ounce?
Silver is priced globally in troy ounces, not standard ounces. A troy ounce weighs approximately 31.1035 grams, slightly more than a standard ounce (28.3495 grams). This unit is the standard for all silver bullion pricing, including coins and bars sold in Singapore.
Common investment formats in Singapore include fractional silver coins, 1 oz bars, and larger bars up to 100 oz.
How Are Silver Prices Set in Singapore and Globally?
Silver pricing is determined by a combination of global benchmarks and market dynamics:
- Spot Price – Real-time valuation based on global trading and supply/demand trends.
- London Fix – A twice-daily benchmark set by the London Bullion Market Association (LBMA), widely used in institutional settings.
- Futures Exchanges – Markets like COMEX influence short-term prices based on investor speculation and market sentiment.
What Affects Silver Prices?
Understanding the key drivers behind silver’s value can help Singapore investors make well-informed decisions:
- Supply & Demand
Silver is mined and recycled. Demand comes from industries, jewellery, and investment. Supply shocks or rising demand often drive price increases. - Industrial Usage
Silver is essential in electronics, solar panels, and medical technologies. With Singapore’s growing interest in clean energy and advanced manufacturing, demand from these sectors may increase. - Economic Uncertainty
Like gold, silver is a safe-haven asset. During inflation or financial downturns, investors often turn to silver to preserve wealth. - US Dollar Index
Silver is priced in USD. When the dollar weakens, silver becomes cheaper globally—boosting demand and pushing prices higher. - Interest Rates
In a low-interest environment, silver becomes more attractive as it doesn’t generate yield, making it a valuable alternative to bonds or savings.
Is Now a Good Time to Buy Silver in Singapore?
Silver is attractive in both stable and uncertain economic cycles. Its dual industrial and investment value makes it a core part of many diversified portfolios in Singapore.
Using our live chart, Singapore investors can track short- and long-term price trends, identify buying opportunities, and build strategic positions based on real data.
Silver Bars vs. Silver Coins: Which Should You Buy?
Singapore investors commonly choose between silver bars and silver coins, each offering distinct benefits:
Silver Bars
Available in sizes from 1 oz to 100 oz, silver bars are great for bulk investing and typically offer lower premiums over the spot price. Well-known brands include Valcambi, PAMP Suisse, and the Royal Mint. Bars are ideal for long-term holdings but may be less liquid when selling in small amounts.
Silver Coins
Silver coins are issued by government mints and carry legal tender status. They are highly popular for their collectability, resale flexibility, and numismatic value. Top choices among Singapore buyers include:
- Canadian Silver Maple Leaf
- American Silver Eagle
- British Silver Britannia
Coins often carry higher premiums but are easier to sell or gift in smaller quantities.
How to Get the Best Silver Prices in Singapore
Silver premiums vary across dealers depending on product type, supply, and shipping costs. Comparing offers is essential to maximise your value.
Metals Radar Singapore makes that easy. Our live price comparison tool scans deals from trusted regional and global dealers—so you can find the best silver bullion prices confidently, all in one place.