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Silver market: Investments and trading

Seek opportunities in the silver market with in-depth analysis, guidance and support on effective investment strategies for all types of investors, including self-directed, institutional and commercial clients.

Close-up of a fine silver coin resting on a silver bullion bar

Explore our silver services

Physical trading

We offer a comprehensive range of physical silver trading capabilities and provide financing, custody and logistics services.

Financial silver trading

We offer a range of financial trading solutions for silver precious metals clients including spot trading, forward contracts, location swaps, options, leases, hedging structures and more.

PMXecute®

Experience powerful real-time precious metals and foreign exchange pricing, global liquidity, and exceptional client support all in one easy-to-use trading platform.

StoneX Bullion

Buy, sell, and invest in high-quality and sought-after coins and bullion bars, with products in silver, gold, platinum, and palladium.

Silver market overview

The significant demand for silver stems primarily from its diverse industrial applications, with slightly over half of the annual trade attributed to multiple industries. Its malleability and physical strength make it a versatile material utilized in a wide range of modern products, including LED chips, alloys, nuclear reactors, as well as applications in medicine, dentistry, and water purification.

The remaining half of the silver market is predominantly dedicated to jewelry and investments in silver coins and bars. Due to the substantial allocation of silver to industry, in contrast to approximately 10-15% for gold, its value tends to be more volatile, influenced significantly by the varying demands of global economies.

Despite the fluctuating nature of its value, silver remains a highly sought-after precious metal, trusted as a long-term wealth investment. Like gold, silver is bought and sold through over-the-counter trading (OTC) facilitated by a dealer network, not a centralized exchange.

Close-up of silver bullion bars and coins showing 1 oz fine silver 999.4 engraving

London Bullion Market Association (LBMA)

The ICE Benchmark Administration (IBA), tasked with the administration and governance of the London Bullion Market Association (LBMA) Silver price, establishes the authentic benchmark silver pricing, denominated in US dollars per troy ounce. Although sterling and euro prices are provided, they serve as indicative prices solely for settlement purposes.

StoneX is a member of the London Bullion Market Association. We also hold other memberships such as the London Platinum and Palladium Market Association, Singapore Bullion Market Association, and the Dubai Gold and Commodities Exchange.

Stacked silver bullion bars with LBMA Good Delivery markings

Silver coins and bars

Physical silver is predominantly traded in the form of bars or coins, with coins often commanding a higher premium due to their increased manufacturing costs and attractiveness to collectors. Collectible coins, commemorating themes ranging from Marvel Comics to Star Wars, also exist as their own unique market.

Silver coins are minted across various countries globally, with the significant production taking place across the UK, Australia, the US, Canada, China, and South Africa. The Canadian Silver Maple stands out as the most popular and widely traded coin, backed by guarantees from the Canadian government regarding its weight, purity, and content.

Other renowned silver coins include the Silver American Eagle, the Silver Chinese Panda, and the Krugerrand silver coin. Regarding weight, silver coins are commonly minted in sizes of 1oz, 2oz, and kilo. Silver bullion bars come in fractions of an ounce, multiples of one troy ounce, grams, or kilograms, with options for both parts and multiples of these units of weight.

You can get started with buying coins and gold bullion bars at StoneX Bullion.

500g Swiss fine silver bar stamped 999.0 purity beside raw silver granules

Silver processing solutions

Silver recovery services

At StoneX Recovery, we specialize in the recovery of silver from a variety of industrial waste streams, ensuring maximum yield with minimal environmental impact.


Silver refining services

At StoneX Refining, we receive 98%+ high-grade silver in various forms and convert it to 99.99% pure ‘Good Delivery’ silver bars.

2014 one-ounce silver coins with 999 purity featuring a feathered design and wood grain background

StoneX Bullion: Your reliable silver partner

StoneX Bullion* offers you the chance to buy, sell, and invest in silver gold coins and bars easily and quickly from almost anywhere in the world. We stock high-quality and sought-after metals, sourced from some of the best-known mints such as the Silver Maple Leaf, Silver Eagle, and Silver Britannia.

No matter whether you're looking to invest in bullion for your future, or whether you're after a special coin to crown your collection, you'll find it at StoneX Bullion.

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Precious metals Market Intelligence

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Dive into comprehensive market analysis from StoneX spanning commodities, equities, currencies and more.

Upcoming events

15

October

8th StoneX Multicommodities Seminar

Webinars

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South America

|

Language: Português Brasileiro

StoneX’s largest event, aimed at bringing together market analysis and experts to provide an up-to-date and strategic overview of key agricultural markets, as well as fertilizers, energy, foreign exchange, and macroeconomics.

15

October

8th StoneX Multicommodities Seminar

Webinars

|

South America

|

Language: Português Brasileiro

StoneX’s largest event, aimed at bringing together market analysis and experts to provide an up-to-date and strategic overview of key agricultural markets, as well as fertilizers, energy, foreign exchange, and macroeconomics.

21

October

Sugar Breakfast StoneX

Live StoneX events

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South America

|

Language: Português Brasileiro

A strategic event that brings together StoneX risk management consultants to foster networking, updates, and planning.

Silver investment FAQ

If you are interested in trading silver futures, get in touch with our team today.

StoneX: We open markets

Our market expertise, advanced platforms, global reach, culture of full transparency and commitment to our clients’ success all set us apart in the financial marketplace.

Reach

With access to 40+ derivatives exchanges, 180+ foreign exchange markets, nearly every global securities marketplace and numerous bi-lateral liquidity venues, StoneX’s digital network and deep relationships can take clients anywhere they want to go.

Transparency

As a publicly traded company meeting the highest standards of regulatory compliance in the markets we serve; our financials and record of accomplishment are matters of public record. StoneX’s commitment to “doing the right thing over the easy thing” sets us apart in the industry and helps us build respect, client trust and new partnerships.

Expertise

From our proprietary Market Intelligence platform, to “boots on the ground” expertise from award-winning traders and professionals, we connect our clients directly to actionable insights they can use to make more informed decisions and achieve their goals in the global markets.

© 2025 StoneX Group Inc. all rights reserved.

The subsidiaries of StoneX Group Inc. provide financial products and services, including, but not limited to, physical commodities, securities, clearing, global payments, risk management, asset management, foreign exchange, and exchange-traded and over-the-counter derivatives. These financial products and services are offered in accordance with the applicable laws in the jurisdictions in which they are provided and are subject to specific terms, conditions, and restrictions contained in the terms of business applicable to each such offering. Not all products and services are available in all countries. The products and services offered by the StoneX Group of companies involve risk of loss and may not be suitable for all investors. Full Disclaimer.

This website is not intended for residents of any particular country, and the information herein is not advice nor a recommendation to trade nor does it constitute an offer or solicitation to buy or sell any financial product or service, by any person or entity in any jurisdiction or country where such distribution or use would be contrary to local law or regulation. Please refer to the Regulatory Disclosure section for entity-specific disclosures.

No part of this material may be copied, photocopied or duplicated in any form by any means or redistributed without the prior written consent of StoneX Group Inc. The information herein is provided for informational purposes only. This information is provided on an ‘as-is’ basis and may contain statements and opinions of the StoneX Group of companies as well as excerpts and/or information from public sources and third parties and no warranty, whether express or implied, is given as to its completeness or accuracy. Each company within the StoneX Group of companies (on its own behalf and on behalf of its directors, employees and agents) disclaims any and all liability as well as any third-party claim that may arise from the accuracy and/or completeness of the information detailed herein, as well as the use of or reliance on this information by the recipient, any member of its group or any third party.

StoneX Financial Ltd is authorized and regulated by the Financial Conduct Authority and is a Category 1 Ring Dealing Member of the London Metal Exchange. The FCM Division of StoneX Financial Inc. acts in the capacity of an agent in the U.S. for StoneX Financial Ltd. Commodity trading involves risks, and you should fully understand these risks before trading. This information shall not constitute a solicitation to buy or sell futures or options contracts, or OTC products. ‘StoneX’ is the trade name used by StoneX Group Inc. and all its associated entities and subsidiaries.

Through the FCM Division of StoneX Financial Inc., a clearing member of the Commodity Exchange (COMEX) and the New York Mercantile Exchange (NYMEX), the Metals Team provides comprehensive futures and options on these exchanges. OTC swaps are also available on these products through StoneX Markets LLC. Through our membership on the Chicago Mercantile Exchange (CME), our clients can access its full product slate including the plastics, NGL, and olefins contracts.

The FCM Division of StoneX Financial Inc. is a Futures Commission Merchant registered with the Commodities Futures Trading Commission ("CFTC").

The trading of commodities and derivatives such as futures, options, and swaps involves substantial risk of loss and may not be suitable for all investors. Advisory services as well as the trading of futures and options is available through various subsidiaries of StoneX Group Inc. including but not limited to the FCM Division of INTL FCStone Financial Inc. Public Disclosures for the FCM Division of INTL FCStone Financial Inc. The trading of over-the-counter products or swaps is available through subsidiary stoneX Markets LLC to individuals or firms who qualify under CFTC rules as an eligible contract participant. Please click here for the full disclaimer.

*StoneX Bullion is not available in all markets.