Silver Price Surges to $64.68 Per Ounce
The current silver price is $64.68 per troy ounce, representing a 2.19% increase in value over the past day, according to SD Bullion's live silver spot price chart.
Over the past week, the price of silver has risen by 6.37%, from $62.05 to $64.68, while over the past month it has increased by 14.49%.
The London Fix, a daily benchmark set by the London Bullion Market Association (LBMA), is widely used in long-term supply contracts between miners, refiners, and industrial users.
The silver spot price is set by active global markets like COMEX and the LBMA, and changes throughout the day based on supply, demand, and economic news.