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Showing posts with label spot price. Show all posts
Showing posts with label spot price. Show all posts

Tuesday, July 7, 2026

Silver Around $62

The above screenshot of today's COMEX silver spot price was made a few minutes ago.

Personally, I am not at all concerned if silver should dip down even further. To me, that means that the metal will be more affordable to collectors/investors. Should silver go down into the $40 range, I will likely start buying again.

According to LiveMint.com:

Gold and silver prices traded with mild gains on Monday, 6 July, extending last week's sharp recovery as easing concerns over an imminent US Federal Reserve rate hike and a weaker US dollar provided much-needed support to precious metals, which had remained under pressure in recent weeks.

COMEX gold futures climbed $90 per troy ounce to an intraday high of $4,215, while silver futures advanced $2.73 per troy ounce to $63.73.

To read more, go here

Sunday, June 7, 2026

Spot Prices Decline, Create Buying Opportunities


The spot price of silver has gone down a bit in recent days.

It has gone much lower than the record highs of the beginning of the year. The spot price has slid to around $67/toz. If one bought over the higher spot price at the beginning of the year, just hang on to your silver. 

However, since the spot price is much lower now, it could be a great opportunity to buy more.

According to Numismatic News:

The spot price of gold and silver has not made many headlines recently, but they have been slowly declining from their record values several months earlier. If you are interested in coins composed of either of these metals as a long-term investment or for a coin collection you are unlikely to resell. This price decline is of little consequence to you. It may even be a buying opportunity. 

To read more, go here

Tuesday, May 19, 2026

USA Today: Cheapest Way To Buy Silver

Above, 2023 silver King Charles III Britannias. Photo by Armand Vaquer.

Silver has been getting a lot of attention in recent months. There's a good reason why. 

The spot price for silver hit over $100/toz (troy ounce) since the beginning of the year. It is now around $74/toz.

When I was buying a lot of silver, the spot price was below $40/toz. 

USA Today posted an article on the cheapest ways to buy silver, a guide for beginners.

They begin it with:

Silver is where many precious metals investors begin. The price is a fraction of gold’s, and record highs in early 2026 have only sharpened the interest — and in many cases, pushed premiums higher. 

That’s why a lower price per ounce doesn’t always mean a better deal.

The cheapest way to buy silver comes down to minimizing the amount you pay above the spot price, which is the raw market price of silver on any given day. Premiums vary depending on the form of silver you buy, how much you purchase and where you shop. Here’s what to know before you spend a dollar.

To read more, go here.

Tuesday, May 12, 2026

Silver Jumps To 2-Month Highs

Above, a 2023 American Silver Eagle proof coin. Photo by Armand Vaquer.

There are times when I am glad that I invested in silver when I did. This is one of those times.

Silver has risen to the highest prices since February. 

According to MSN:

Spot silver surged above $85 an ounce for the first time in nearly two months as technical buying and momentum-driven trades fueled a powerful rally that has lifted the metal’s prices roughly 15% this month.

At the time of writing, spot silver (XAG/USD) was up nearly 6% to $85 an ounce, while silver futures for July 2026 deliveries also climbed nearly 6% to $85.6 per ounce. Last week, Spot Silver posted its strongest weekly performance since late February.

To read more, go here.

Tuesday, March 31, 2026

1964 Kennedy Half Dollars More Valuable Today

Above, Franklin and Kennedy Half Dollars found in a strongbox. Photo by Armand Vaquer.

Around three years ago, I had a strongbox my late dad left opened by a locksmith in Gallup. I had the strongbox in my closet for years, but had no key to open it up to see what was inside.

Inside, were around 20 1964 Kennedy Half Dollars along with several Franklin Half Dollars and $2.00 bills among other items. 

With silver's spot price around $70/troy ounce currently, this find is a lot more valuable. During the time of the strongbox opening, the spot price was around $24.00/troy ounce. The Kennedy Half Dollars were in uncirculated or near-uncirculated condition.  

1964 Kennedy Half Dollars had 90% silver content. After 1964, the silver content was reduced to 40% until about 1970.

Here's a couple of interesting videos on the 1964 Kennedy Half Dollar:

 

 

Sunday, March 29, 2026

I Tried To Buy $70 Silver... Here's What I REALLY Paid!

 I Tried to Buy $70 Silver... Here's What I REALLY Paid! video by Silver Seeker.

Summary:

You went to multiple coin shops after silver dropped to $70 and found out what it actually costs to buy in the real world, including premiums and price differences across dealers.


Tuesday, February 10, 2026

Metal Prices May Lead To Melting of Common Silver Coins

Above, a 2022 American Silver Eagle. Photo by Armand Vaquer.

Currently, the silver spot price per troy ounce at Comex is around $82.00.

With silver garnering such high prices (it was over $100 last month), the possibility of silver coins being melted for industrial uses is looming. 

Numismatic News posted an article taking a look at how metal prices may lead to melting of common silver coins.

They begin with:

For the last few decades, silver stackers and gold bugs have been preaching the imminent breakout of their respective metals, suggesting that gold could top $2,000, then $2,500, and so on, for an ounce. Those who took a shine to silver have suggested that $50 and even $100 an ounce was possible. A select few have even proclaimed higher benchmarks. For all the times those passionate defenders wound up crying wolf, but now the wolves are at the door.

But the effect this has on world coin pricing, aside from pushing the underlying base value higher, remains unclear. The high prices may already have priced some collectors out of the market. And some folks are cashing in their newfound wealth by sending common coins to be melted, though they aren’t reaping the full rewards of the increased melt value. The only thing slowing down the mass melting of common world coins is the massive backlog at refineries. The demand that started in the fall, as silver breached the $50 high-water marks of 2011 and 1979–1980, has not abated.

To read more, go here

Saturday, February 7, 2026

What Is A 1-Ounce Silver Eagle Worth Today?

Above, a 2025 American Silver Eagle. Photo by Armand Vaquer.


Over the past few years, I have purchased American Silver Eagle coins. This year has been different as the price of them rose to levels that I felt not worth the expense. 

Silver rose to over $100 per troy ounce since the beginning of the year, but is now in the $70-80s.

The question arises, What is a 1-ounce Silver Eagle worth today?

CBS News provides some answers.

They begin with:

The silver market just experienced one of its wildest rides in decades. After rallying from about $30 per ounce at the start of 2025 to over $100 per ounce in early 2026, silver prices plunged to under $80 per ounce in a matter of days, wiping out most of the year's gains and triggering subsequent volatility. The dramatic price swings reflect silver's dual nature as both a precious metal and an industrial commodity, which makes it particularly sensitive to shifts in policy, currency fluctuations and manufacturing demand. 

Yet despite the recent price correction, silver continues to trade at levels that seemed unthinkable even just 18 months ago, and the factors that drove its rally — including several consecutive years of supply deficits and surging industrial demand — remain largely intact. So, for those holding or considering silver assets, the question becomes not just what silver is worth today, but whether the current trajectory represents opportunity or risk.

And, that's particularly true for investors who are holding more unique silver assets, like American Silver Eagle coins, which are priced much differently than a generic silver bar or round. So, what is the value of a 1-ounce Silver Eagle coin in today's market, and what helps to drive that price differentiation? That's what we'll examine below.

To read more, go here

Sunday, February 1, 2026

Gold and Silver Suffer Historic Selloff

Above, Morgan and Peace silver dollars. Photo by Armand Vaquer.

Silver and gold dropped in price last Friday. This is making investors wonder what's going to happen next. 

This may be a short-term correction or, possibly, a long-term trend.

According to CoinWeek:

Gold and silver prices suffered one of their sharpest single-day declines in decades on Friday as markets reacted to shifting expectations around U.S. monetary policy and a rapidly strengthening dollar.

The selloff accelerated after President Donald Trump confirmed Kevin Warsh as his nominee to lead the Federal Reserve. The announcement eased concerns about political pressure on the central bank and triggered a broad repositioning across global markets.

Silver Hit Hardest

Silver experienced the most severe losses. Spot prices fell roughly 28% to near $83 per ounce, while silver futures dropped more than 31%, marking the metal’s worst trading day since 1980.

The scale of the decline reflects how crowded the silver trade had become. After weeks of rapid gains, leverage among short-term traders amplified the downside as prices began to fall, forcing liquidations and margin-related selling.

Silver is still way over double in spot price from what it was a year ago, so I doubt it is time to panic. Silver was at $28.92 per ounce on January 1, 2025 (Source: CBS News).

To read more, go here.

Wednesday, January 28, 2026

How Much Can I Sell My 1-Ounce of Silver Now?

Above, silver Britannia coins. Photo by Armand Vaquer.

A few minutes ago, I took a look at the current spot price of silver. At Comex, it sits at $114 per troy once.

Many of use had purchased silver over the years when the price was low. It is now tempting to sell at the current spot price. The question is: can you?

CBS News posted an article on how much can one sell their one ounce of silver. 

The article starts with:

Silver has been on a remarkable run recently, with prices climbing dramatically over the past year as investors seek out safe-haven assets amid economic uncertainty. The precious metal has outpaced gold on its uphill ascent and has even surpassed many traditional investments, drawing attention from both longtime precious metal enthusiasts and newcomers looking to capitalize on the rally. This surge has pushed silver to record-high price levels, creating a compelling environment for anyone holding physical silver.

The recent price trajectory also reflects broader market dynamics, including persistent inflation concerns, geopolitical tensions and growing industrial demand, all of which have contributed to silver's strength. Unlike gold, which primarily serves as a store of value, silver's dual role as both an investment and an industrial commodity has amplified its price movements. And, as economic uncertainty continues to drive investors toward tangible assets, silver has emerged as an increasingly attractive option for portfolio diversification.

And, if you purchased silver coins months or years ago, this rally represents a significant gain on paper. But if you're holding a 1-ounce silver coin you want to sell, it's important to know that what you'll receive won't be equal to today's spot price. Numerous elements determine the real cash value you'll walk away with. So, how much can you sell a 1-ounce coin for right now? That's what we'll outline below.

To read further, go here

Sunday, January 25, 2026

Five Key Things To Know Before You Sell Your Silver

Above, an 1890 Morgan silver dollar (uncirculated). Photo by Armand Vaquer.

With silver's spot price reaching $100 per troy ounce, one who has a sizable amount of silver may be tempted to take advantage of the spot price and sell.

I, for one, have plenty of the white metal, but I am staying put. 

Morningstar has posted an article with five key things to know before selling your coins, bars, jewelry or flatware.

They begin it with:

The precious metal has now hit $100 an ounce - and the surge in its price is leading many to consider cashing in on what they have

Silver has reached a record spot price of more than $100 an ounce, and many people are deciding to sell their coins and other silver items.

Is it time to sell your silver?

That's the question some may be asking in light of the fact that the precious metal's price (SI00) has now hit $100 an ounce. After all, many people have some silver tucked away in their closets in the form of flatware, coins and jewelry. Others may have purchased silver bars for investment purposes.

Sure enough, those who buy silver for a living say they've been plenty busy of late responding to such folks.

"[We're] seeing a deluge of silver sellers like we never have before," said Brandon Aversano, CEO and founder of the Alloy Market, a Pennsylvania-based company that specializes in precious metals. Aversano noted that his firm has purchased nearly twice the amount of silver in the second half of 2025 as it did in the first half.

Fueling that demand, of course, are buyers aplenty who want a stake in silver, given the price gains of late.

If you do want to sell your silver items - whether it's a set of cutlery you inherited from grandma or coins you collected long ago - what do you need to know? We spoke with some experts to find out. Let's break it down into five questions.

To read more, go here

Saturday, January 24, 2026

Silver Finally Hits $100 An Ounce

Above, circulated Morgan silver dollars. Photo by Armand Vaquer.

Last evening, I was having dinner at Jerry's Cafe in Gallup with friend Bob Weeks and he mentioned that silver had hit $100 per troy ounce in the spot price market.

Sure enough, I see that this milestone was reached yesterday.

MSN reported:

Silver’s climb to the $100-an-ounce mark on Friday — a level it hit for the first time on record — was met with much fanfare by just about everyone who closely watches the market for the precious metal.

Silver has the characteristics of both a precious and an industrial metal and is in short supply. That’s why many investors believe in its potential for further price gains.

To read more, go here

Wednesday, January 21, 2026

Gold and Silver Hit New Records

Above, an 1889 Morgan silver dollar (BU). Photo by Armand Vaquer.

Yesterday, gold and silver hit record highs.

MSN reported:

Jan 20 (Reuters) - Gold climbed to another record high on Tuesday, scaling the unprecedented $4,700 an ounce milestone as escalating geopolitical tensions boosted safe-haven demand, while silver also broke above $95 for the first time.

Spot gold gained about 2% to $4,757.33 per ounce by 01:52 p.m. ET (18:52 GMT), after reaching a record high of $4,765.93 earlier in the day. U.S. gold futures for February delivery settled 3.7% higher to $4,765.80/oz.  

Spot silver slipped 0.3% to $94.38/oz, after hitting a record $95.87 earlier. The white metal added about 147% in 2025 and has gained more than 32% since the start of 2026.

To read more, go here

Tuesday, January 20, 2026

Is It Too Late To Invest In Silver?

Above, Morgan and Peace silver dollars. Photo by Armand Vaquer.

Over the past few years, I invested heavily in silver coins and bullion. That was when the price of silver was low (under $40 per troy ounce).

Today, silver is at $95/toz at Comex. This is great for those of us who have accumulated silver while the price was low. Remember the old addage: "Buy low, sell high!"

CBS News asks, "Is it too late to invest in silver?" 

They begin with:

Silver has had tremendous growth over the last year. The precious metal's price has jumped by approximately 200% in just the last year, and now sits at nearly $100 per ounce — a number virtually unheard of. 

For many investors, the run-up poses quite the conundrum, however. On the one hand, the price jumps mean the possibility of big returns. On the other hand, they also signal more risk — and more loss should the market reverse course.

So what do experts think? Is there still upside to buying silver, or is the risk too great with this precious metal right now? Below, we'll break down what you need to know before getting started.

To read more, go here

Monday, January 19, 2026

Greenland Talk Driving Gold and Silver To New Highs

Above, silver Kennedy half dollars and Morgan silver dollars. Photo by Armand Vaquer.


It appears that more talk concerning President Trump's call to take over Greenland is driving the price of gold and silver to new highs. 

Kitco News reported: 

Jan 19 (Reuters) - Gold and silver hit ​record highs on Monday, driven by a flight to safety after U.S. President Donald ‌Trump warned of extra tariffs on some European countries in a dispute over Greenland.

Spot gold jumped 1.5% to $4,662.85 per ounce by 1121 GMT, after scaling an all-time high of $4,689.39.

U.S. gold futures for February delivery advanced 1.6% to $4,668 per ounce.

Trump threatened several European allies with a series of escalating ‌tariffs on Saturday, unless the U.S. is allowed to buy Greenland, intensifying ​a dispute over Denmark's vast Arctic island.

Elsewhere, spot silver climbed 3.7% to $93.24, after hitting a record high of $94.08. The white metal has risen over 30% so far ‍this year.

To read the full article, go here.  

Sunday, January 18, 2026

US Mint Hikes Silver Coin Prices

Above, a 2025 American Silver Eagle I bought last year. Photo by Armand Vaquer.


Over the past several years, I have been buying American Silver Eagle coins each year. The last American Silver Eagle I bought was a 2025.

Based upon the following, it looks like I won't be buying any 2026 American Silver Eagles. 

Resell Calendar reported:

The US Mint dropped massive price increases across their silver lineup yesterday, with some coins rising nearly 90% from previous prices. Silver tripled from $30 to over $90 per ounce in the past year, and the Mint finally adjusted pricing to match. This kills most reselling margins on Mint products going forward and significantly impacts anyone holding subscriptions for automatic shipments.

New Prices on US Mint Silver Proofs

The Mint had been sitting on pricing that didn’t reflect reality. When silver was $30-40 per ounce, selling uncirculated Silver Eagles at $91 made sense. But silver climbed to a record $93.77 on January 14 before settling around $89-90 currently. That’s a 200% increase in basically one year.

The Mint temporarily suspended silver sales earlier this week to implement the price changes. Products started coming back online yesterday with the new pricing. The 2024 Uncirculated Silver Eagle that retailed for $91 is now $169. The 2023 version also jumped to $169 from its previous $91 price point.

To read more, go here

Friday, January 16, 2026

US Retail Investors Appear To Be Selling Silver

Above, Franklin silver half dollars. Photo by Armand Vaquer.

With silver's spot price recent big rise (it is currently around $88 per troy ounce at COMEX), people are selling rather than buying.

This is understandable. But should one sell now? One expert says if a person needs the money, go ahead and sell. But if people don't need the money, just hold on to it.

MSN posted an article on the recent spikes in silver's spot price.

They begin it with:

When silver prices spiked tenfold in the 1970s to more than $50 an ounce, many Americans correctly saw an opportunity and lined up at precious metals dealers to sell their old sterling silver. That proved smart since silver prices proceeded to collapse to under $10 an ounce in the 1980s.

Similar behavior may be occurring during the current silver boom, which has led to a tripling in silver prices to over $90 an ounce over the past year. That includes a nearly 30% gain so far in 2026 as new price records have been set.

It isn’t easy to generalize, but two coin dealers tell Barron’s that retail investors are heavier sellers than buyers, and it appears the outsize silver gains are being driven by institutional investors and overseas buyers in regions such as Asia.

To read more, go here

Wednesday, January 14, 2026

Silver Spot Over $90/toz

Silver's spot price hit a historical new high yesterday.

It hit $90 per troy ounce.

At present, silver's spot price is at $92/toz. Where it goes from here is anyone's guess.



Friday, January 9, 2026

How Much Should You Pay For 1 Ounce of Silver?

Above, a 2023 American Silver Eagle. Photo by Armand Vaquer.

Since the spot price for silver has risen to over $70 per troy ounce over the past few months, I have curtailed my buying.

I bought a lot of it (mainly Morgan silver dollars) when the metal was around $25 to $35 per troy ounce. 

What is the amount one should pay now for an ounce of silver? CBS News posted the answers in an article yesterday.

They begin it with:

Silver prices have surged dramatically in recent months. This precious metal price rally has been fueled by a combination of industrial demand, economic uncertainty and renewed interest in precious metals as an inflation hedge. And, with 1 ounce of silver now regularly trading at or near record highs, investors are clamoring to try and capitalize on the potential for future price growth. But if you're ready to add silver to your portfolio, you might be surprised to learn that the silver spot price you see quoted online is only part of the equation.

To read more, go here

Monday, December 29, 2025

Silver Near $75/Troy Ounce

Above, a 1945 Walking Liberty half dollar. Photo by Armand Vaquer.

A few minutes ago, I took a gander at the current spot price of silver at Comex. Well, to say the least, it was hovering around an astounding $75/toz. It opened today at $80/toz.

While gold has fallen a bit, silver is still roaring like gangbusters.


 

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