Silver 999 price performance
▼ Down $0.55 (-22.3%) over 30 days
Springfield, Illinois, United States
Silver Price
999 per gram
$1.85
925 per gram
$1.71
900 per gram
$1.67
Last rate update: Wed, Jun 24, 2026 11:35 PM
Calculation output
| Line item | Value |
|---|---|
| Rate per gram | $1.85 |
| Weight in grams | 10.000 |
| Gold value | $18.50 |
| Chargeable weight | 10.000 |
| Making charge | $0.00 |
| GST amount | $0.56 |
| Total | $19.06 |
Recent rate history
| Date | Avg Price | Status |
|---|---|---|
| Jun 24, 2026 | $1.92 | Verified |
| Jun 23, 2026 | $2.01 | Verified |
| Jun 22, 2026 | $2.12 | Verified |
| Jun 21, 2026 | $2.09 | Verified |
| Jun 20, 2026 | $2.09 | Verified |
| Jun 19, 2026 | $2.08 | Verified |
| Jun 18, 2026 | $2.17 | Verified |
| Jun 17, 2026 | $2.24 | Verified |
| Jun 16, 2026 | $2.25 | Verified |
| Jun 15, 2026 | $2.27 | Verified |
In Springfield, Illinois, as of 13 May 2026, silver prices are showing slight fluctuations with the 999 purity silver trading at approximately $2.81 per ounce. This recent data reflects a minor decrease of about 0.7% from the previous period, indicating a relatively stable market. Silver remains a popular choice for investors and collectors in the region, especially given its historical significance and industrial applications. The recent trend shows a gradual increase over the past month, suggesting a potential upward movement in prices. Whether you're buying silver for investment, collection, or industrial use, understanding current rates and market behavior in Springfield can help you make informed decisions. Keep an eye on daily fluctuations and market news to stay ahead in this dynamic precious metals market.
Market
Market pulse
Silver prices in Springfield, Illinois, as of mid-May 2026, are experiencing steady growth, with the current rate at $2.81 for 999 purity. The market has shown resilience despite minor fluctuations, reflecting ongoing industrial demand and investor interest. Recent history indicates a gradual upward trend, with prices rising from around $2.59 in April to the current level. This stability suggests a cautious optimism among traders and collectors. As global economic factors influence precious metals, staying updated on local and international market movements can provide valuable insights for buyers and sellers alike. Overall, silver remains an attractive option for diversifying portfolios and hedging against economic uncertainties.
Guide
Buyer playbook
When purchasing silver in Springfield, Illinois, start by researching current market rates and trends. Determine the purity of the silver you want, typically 999 or 925, and verify the prices accordingly. Always buy from reputable dealers who provide certification and clear markings of purity. Consider the form of silver—bars, coins, or rounds—and compare prices across multiple sources to ensure competitive rates. Inspect the physical condition of the silver for any damage or tampering, especially if buying secondhand. Keep records of your purchases, including receipts and certification, for future reference or resale. Staying informed about market fluctuations and local dealer reputations can help you make confident, well-informed transactions in Springfield's silver market.
Checklist
Local buying checklist
- Verify current rates.
- Check purity markings.
- Inspect the physical condition of silver.
- Confirm dealer reputation and certification.
- Compare prices from multiple sources.
- Keep detailed purchase records.
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FAQ
Frequently asked questions
What is the current price of silver in Springfield, Illinois?
As of 13 May 2026, silver with 999 purity is approximately $2.81 per ounce in Springfield, Illinois.
How has the silver price changed recently?
Recent data shows a gradual increase from around $2.59 in April to $2.81 in May, indicating a steady upward trend.
What should I check before buying silver locally?
Verify current rates, check purity markings, inspect the silver's condition, confirm dealer reputation, compare prices, and keep purchase records.
Is silver a good investment in Springfield?
Silver can diversify your portfolio and hedge against economic uncertainties, but always consider market trends and conduct thorough research.
Are there any risks when buying silver in Springfield?
Risks include price fluctuations, counterfeit products, and dealing with unverified sellers. Always buy from reputable sources.
How can I sell silver in Springfield?
Compare local dealer rates, ensure your silver's purity is verified, and keep records of your purchase to facilitate resale at fair market value.