Silver fell to 48.28 USD/t.oz on October 21, 2025, down 7.74% from the previous day. Over the past month, Silver's price has risen 9.57%, and is up 39.03% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Silver - values, historical data, forecasts and news - updated on October of 2025.

Dataset of historical annual silver prices from 1970 to 2022, including significant events and acts that impacted silver prices.

This statistic depicts the average monthly prices for silver worldwide from January 2014 through June 2025. In June 2025, the average monthly price for silver worldwide stood at ***** nominal U.S. dollars per troy ounce.

View monthly updates and historical trends for Silver Price. from United States. Source: World Bank. Track economic data with YCharts analytics.

This statistic depicts the average annual prices for silver from 2014 through 2026*. In 2024, the average price for silver stood at 28.3 nominal U.S. dollars per troy ounce.

In 2024, the average nominal price of silver in India was ****** Indian rupees for one kilogram, which was an increase of over ****** rupees from the previous year, and the highest figure during the period of consideration.

Gold fell to 4,127.71 USD/t.oz on October 21, 2025, down 5.28% from the previous day. Over the past month, Gold's price has risen 10.15%, and is up 50.29% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Gold - values, historical data, forecasts and news - updated on October of 2025.

The dataset shows average price in domestic and foreign markets of gold and silver

Note: 1. The data source for this Table for the period till 1999-2000 are Bombay Bullion Association and Press Trust of India. For the period 2000-01 onwards, the data sources are (i) Business Standard/ Business Line and Economic Times, Mumbai/IBJA Website for gold and silver price in Mumbai and LBMA for gold price in London and (ii) Thomson Reuters for silver price in New York. 2. Data provided in this Table for the period 1979-80 to 1999-2000 and 2000-01 to 2020-21 may not be strictly comparable due to different sources of information.

After two years of decline, the global silver market increased by 9.2% to $62.4B in 2024. In general, consumption, however, saw a relatively flat trend pattern. As a result, consumption reached the peak level of $65.1B. From 2022 to 2024, the growth of the global market remained at a somewhat lower figure.

In 2025, the price of platinum is forecast to hover around ***** U.S. dollars per troy ounce. Meanwhile, the cost of per troy ounce of gold is expected to amount to ***** U.S. dollars. Precious metals Precious metals are counted among the most valuable commodities worldwide. The most well known such metals are gold, silver and the platinum group metals. A precious metal can be used as an industrial commodity or as an investment. The major areas of application include the following sectors: technology, car-making, industrial manufacturing and jewelry making. Furthermore, gold and silver are used as coinage metals, and gold reserves are held by the central banks of many countries worldwide in order to store value or for use as a redemption medium. The idea behind this procedure is that gold reserves will help secure and stabilize the countries’ respective currencies. At ***** tons, the United States is the country with the most extensive stock of gold. It is kept in an underground vault at the New York Federal Reserve Bank. Russia, the United States, Canada, South Africa and China are the main producers of precious metals. Silver is the most abundant of the metals, followed by gold and palladium. Barrick Gold is the world’s largest gold mining company. The Toronto-based firm produced some **** million ounces of gold in 2020. The leading silver producers include Mexico-based Fresnillo, Poland’s KGHM Polska Miedž and the mining giant Glencore. Anglo Platinum and Impala are the key mining companies to produce platinum group metals. In 2023, Silver prices are expected to settle at around **** U.S. dollars per troy ounce. It is expected to remain the precious metal with the lowest value per ounce. The price of gold is forecast to drop to around ***** U.S. dollars per ounce, making it the most expensive precious metal in 2023.

Copper fell to 4.96 USD/Lbs on October 21, 2025, down 0.97% from the previous day. Over the past month, Copper's price has risen 8.18%, and is up 14.07% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Copper - values, historical data, forecasts and news - updated on October of 2025.

LME Index rose to 4,515.40 Index Points on October 20, 2025, up 0.67% from the previous day. Over the past month, LME Index's price has risen 5.68%, and is up 8.29% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. LME Index - values, historical data, forecasts and news - updated on October of 2025.

Stay informed with real-time charts of international precious metal prices. Monitor spot prices for Platinum in USD, GBP, and EUR. Access live updates here >>

Rhodium fell to 7,700 USD/t oz. on October 22, 2025, down 1.91% from the previous day. Over the past month, Rhodium's price has risen 8.07%, and is up 62.11% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Rhodium - values, historical data, forecasts and news - updated on October of 2025.

Gold and silver prices increased over the course of 2021, but these did not grow as fast as the prices of iridium and, especially, rhodium. According to a comparison of price indices, the price for rhodium - a precious metal similar to platinum and used especially in catalytic converters of cars - was ten times higher in April 2021 than it was in January 2019. The price hike for rhodium was apparently caused by coronavirus-related lockdowns implemented in South Africa, where mining companies had to close for several weeks.

Historical dataset of the 12 month LIBOR rate back to 1986. The London Interbank Offered Rate is the average interest rate at which leading banks borrow funds from other banks in the London market. LIBOR is the most widely used global "benchmark" or reference rate for short term interest rates.

South Korea PPI: Silver bullion data was reported at 200.860 2020=100 in Mar 2025. This records an increase from the previous number of 193.290 2020=100 for Feb 2025. South Korea PPI: Silver bullion data is updated monthly, averaging 112.805 2020=100 from Dec 2016 (Median) to Mar 2025, with 100 observations. The data reached an all-time high of 200.860 2020=100 in Mar 2025 and a record low of 66.460 2020=100 in Sep 2018. South Korea PPI: Silver bullion data remains active status in CEIC and is reported by The Bank of Korea. The data is categorized under Global Database’s South Korea – Table KR.I045: Producer Price Index: 2020=100.

In 2024, the Estonian silver market increased by 2.4% to $15M for the first time since 2021, thus ending a two-year declining trend. Over the period under review, consumption showed a relatively flat trend pattern. Silver consumption peaked at $16M in 2012; however, from 2013 to 2024, consumption stood at a somewhat lower figure.

The global colloidal silver market is valued at USD 7.23 billion in 2025 and is slated to reach USD 17.75 billion by 2035, which shows a CAGR of 9.4% over the forecast period.

Metric	Value
Industry Size (2025E)	USD 7.23 billion
Industry Value (2035F)	USD 17.75 billion
CAGR (2025 to 2035)	9.4%

Analyzing Colloidal Silver Market by Top Investment Segments

Form	Share (2025)
Powder	72.4%
Liquid	27.6%

By Particle Size	Share (2025)
5 to 10nm	48.1%
11 to 20nm	27%

End User	Share (2025)
Healthcare	52%
Dietary Supplements	38%

How Has the Market Progressed So Far in 2024?

Market Statistics	Details
Jan to Jun (H1), 2020 (A)	7.9%
Jul to Dec (H2), 2020 (A)	8.2%
Jan to Jun (H1), 2021 (A)	8.7%
Jul to Dec (H2), 2021 (A)	8.6%
Jan to Jun (H1), 2022 (A)	9.0%
Jul to Dec (H2), 2022 (A)	9.5%
Jan to Jun (H1), 2023 (A)	9.6%
Jul to Dec (H2), 2023 (P)	9.7%
Jan to Jun (H1), 2024 (P)	9.8%
Jul to Dec (H2), 2024 (P)	9.9%

Colloidal Silver Market Analyzed by Top Countries

Countries	CAGR (2025 to 2035)
USA	8.8%
UK	7.7%
Japan	9.4%
Germany	7.3%
France	7.0%

Iran: Silver production in metric tones: The latest value from 2020 is 50000 metric tons, unchanged from 50000 metric tons in 2019. In comparison, the world average is 3210 metric tons, based on data from 74 countries. Historically, the average for Iran from 2002 to 2020 is 13190 metric tons. The minimum value, 15 metric tons, was reached in 2008 while the maximum of 50000 metric tons was recorded in 2016.