Silver 999 price performance
▲ Up $0.01 (+0.4%) over 30 days
Peoria, Illinois, United States
Silver Price
999 per gram
$2.60
925 per gram
$2.41
900 per gram
$2.34
Last rate update: Sun, May 10, 2026 9:36 PM
Calculation output
| Line item | Value |
|---|---|
| Rate per gram | $2.60 |
| Weight in grams | 10.000 |
| Gold value | $26.00 |
| Chargeable weight | 10.000 |
| Making charge | $0.00 |
| GST amount | $0.78 |
| Total | $26.78 |
Recent rate history
| Date | Avg Price | Status |
|---|---|---|
| May 10, 2026 | $2.60 | Verified |
| May 09, 2026 | $2.61 | Verified |
| May 08, 2026 | $2.62 | Verified |
| May 07, 2026 | $2.61 | Verified |
| May 06, 2026 | $2.62 | Verified |
| May 05, 2026 | $2.61 | Verified |
| May 04, 2026 | $2.61 | Verified |
| May 03, 2026 | $2.62 | Verified |
| May 02, 2026 | $2.60 | Verified |
| May 01, 2026 | $2.60 | Verified |
In Peoria, Illinois, silver prices as of 10 May 2026 are influenced by global market trends and local demand. Silver remains a popular choice among investors and collectors due to its affordability and versatility. The current rates for silver purity levels are approximately $2.60 per ounce for 999 purity, $2.41 for 925, and $2.34 for 900 purity. Recent market fluctuations have shown slight variations, but overall, silver prices have remained relatively stable over the past month. Understanding the local market conditions and purity standards can help buyers make informed decisions. Whether you're purchasing silver for investment, collection, or industrial use, it’s essential to stay updated on current rates and market trends specific to Peoria, Illinois. This knowledge can assist in timing your purchases and ensuring fair transactions in the local marketplace.
Market
Market pulse
Silver prices in Peoria, Illinois, have shown stability with minor fluctuations over the past month, averaging around $2.60 per ounce as of early May 2026. Market sentiment remains cautious amid global economic shifts, but silver continues to be a favored metal for diversification and hedging. Recent trends indicate steady demand from both investors and industrial sectors, supporting the metal’s value. Keeping an eye on daily price movements can help buyers and sellers optimize their transactions in the local market. As of 10 May 2026, the silver market in Peoria reflects a balanced state, with prices unlikely to experience drastic changes without significant global economic events.
Guide
Buyer playbook
When buying silver in Peoria, Illinois, start by researching current market prices and understanding the different purity levels available. Always verify the authenticity and purity markings on silver items, especially if purchasing from local dealers or private sellers. Consider the form of silver—whether coins, bars, or jewelry—and compare prices across multiple sources to ensure fair value. Check for reputable dealers with positive reviews and proper certification. Be aware of local regulations regarding precious metals transactions and keep documentation of your purchases. If buying in bulk, negotiate for better rates, and always inspect the silver for any signs of damage or tampering. Staying informed about market trends and current rates can help you make confident, well-informed decisions when investing in or collecting silver in Peoria.
Checklist
Local buying checklist
- Verify current rates.
- Check purity markings.
- Inspect for damage or tampering.
- Confirm seller reputation.
- Compare prices from multiple sources.
- Review local regulations and documentation requirements.
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FAQ
Frequently asked questions
What is the current silver price in Peoria, Illinois?
As of 10 May 2026, silver prices in Peoria are approximately $2.60 per ounce for 999 purity, with slightly lower prices for other purities.
How do I verify the purity of silver items?
Check for official purity markings and certifications on the silver. Reputable dealers provide detailed documentation to confirm purity levels.
Where can I buy silver in Peoria?
You can purchase silver from local precious metals dealers, coin shops, or reputable online sources that serve the Peoria area.
Are there any regulations for buying silver in Illinois?
Yes, ensure you review local regulations regarding precious metals transactions and keep proper documentation of your purchases.
Is it better to buy silver coins or bars?
The choice depends on your preference and purpose. Coins are often more liquid and collectible, while bars may offer better value for bulk purchases.
How can I store my silver securely?
Store silver in a safe, dry place, preferably in a secure safe or safety deposit box to prevent theft and damage.