Silver 999 price performance
▲ Up $0.02 (+0.8%) over 30 days
Springfield, 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 | $2.62 | Verified |
| May 08, 2026 | $2.58 | Verified |
| May 07, 2026 | $2.60 | Verified |
| May 06, 2026 | $2.61 | Verified |
| May 05, 2026 | $2.59 | Verified |
| May 04, 2026 | $2.58 | Verified |
| May 03, 2026 | $2.61 | Verified |
| May 02, 2026 | $2.61 | Verified |
| May 01, 2026 | $2.61 | Verified |
In Springfield, Illinois, as of 10 May 2026, silver prices have experienced slight fluctuations, reflecting the ongoing market dynamics. Silver remains a popular precious metal for investors and collectors alike, with prices varying based on purity levels. The current rates for sterling silver (925 purity) stand at approximately $2.41 per gram, while pure silver (999 purity) is valued at around $2.60 per gram. Over the past month, prices have remained relatively stable, with minor daily changes. Understanding these trends can help buyers make informed decisions when purchasing silver in Springfield. Whether you're buying for investment, collection, or industrial purposes, staying updated on current rates and market movements is essential to ensure fair transactions. Keep in mind that silver prices can fluctuate based on global economic factors, so regular monitoring is advisable for those actively trading or collecting in Illinois.
Market
Market pulse
Silver prices in Springfield, Illinois, have shown stability over recent weeks, with minor daily variations around the $2.60 mark for pure silver. This consistency indicates a balanced market, suitable for buyers and investors looking for steady opportunities. Market factors such as global economic conditions and industrial demand influence these prices, which tend to remain relatively stable in the short term. As of 10 May 2026, keeping an eye on daily fluctuations can help optimize purchase timing. Silver remains a versatile asset, and understanding current market trends can aid in making prudent buying decisions in Springfield's local market.
Guide
Buyer playbook
When purchasing silver in Springfield, Illinois, start by researching current market rates, which as of 10 May 2026, are around $2.41 per gram for 925 purity and $2.60 for 999 purity. Always verify the purity markings on silver items to ensure they match the advertised grade. Check for reputable sellers with transparent pricing and proper certifications. Compare prices across different vendors to find the best deal, and consider the total transaction costs, including any premiums or fees. If buying in bulk, inquire about discounts or special offers. Keep documentation of your purchase for future reference, especially if you plan to resell or insure your silver. Staying informed about market trends and current rates can help you make confident, well-informed decisions when buying silver in Springfield.
Checklist
Local buying checklist
- Verify current rates.
- Check purity markings.
- Inspect for physical damage or tarnish.
- Confirm seller reputation and reviews.
- Review transaction fees and premiums.
- Keep purchase documentation and receipts.
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FAQ
Frequently asked questions
What is the current price of silver in Springfield, Illinois?
As of 10 May 2026, silver prices are approximately $2.41 per gram for 925 purity and $2.60 for 999 purity.
How can I verify the purity of silver items?
Check for official purity markings on the silver item and consider testing or consulting a professional for confirmation.
Are there any local dealers in Springfield I should trust?
Look for reputable dealers with positive reviews and transparent pricing. Verify their credentials before purchasing.
What should I consider before buying silver in Springfield?
Verify current rates, check purity markings, inspect the item's condition, and review seller reputation and fees.
Is it better to buy silver in bulk or small quantities?
Buying in bulk may offer discounts, but consider your storage capacity and immediate needs before purchasing larger quantities.
How often do silver prices fluctuate?
Silver prices can fluctuate daily based on market conditions, with recent trends showing stability around the $2.60 mark in Springfield.