Silver 999 price performance
▼ Down $0.62 (-25.1%) over 31 days
Detroit, Michigan, United States
Silver Price
999 per gram
$1.85
925 per gram
$1.71
900 per gram
$1.67
Last rate update: Thu, Jun 25, 2026 1:06 AM
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 25, 2026 | $1.85 | Verified |
| 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 |
In Detroit, Michigan, as of 13 May 2026, silver prices for 999 purity are approximately $2.82 per ounce, reflecting a recent increase of about 0.36%. Silver remains a popular precious metal for investors and collectors alike, often traded based on purity and current market conditions. Over the past month, silver prices have shown gradual fluctuations, reaching a high of $2.81 on the latest date. Understanding local market trends and current rates can help buyers make informed decisions when purchasing silver in Detroit. Whether you're considering investment, gifting, or collection, staying updated on the latest prices and market movements is essential for maximizing value and ensuring transparency in your transactions.
Market
Market pulse
Silver prices in Detroit have experienced steady growth recently, with a notable jump on May 13th to $2.81 per ounce for 999 purity. The market remains sensitive to global economic factors, influencing short-term fluctuations. As of now, the trend indicates a cautious upward movement, making it a potentially favorable time for buyers to consider purchasing silver. Keeping an eye on daily price changes can help optimize buying decisions and avoid sudden market shifts. Local demand and supply dynamics in Detroit continue to support the metal's value, making it a viable option for diversifying investment portfolios or acquiring physical silver for personal use.
Guide
Buyer playbook
When buying silver in Detroit, start by researching current market rates, especially for 999 purity, which is priced at about $2.82 as of mid-May 2026. Always verify the purity markings on silver items to ensure authenticity. Compare prices from reputable local dealers and check for any additional fees or premiums. Consider the form of silver—whether coins, bars, or jewelry—and assess their condition and authenticity. It's advisable to request certification or receipts for larger purchases. If buying in person, inspect the silver carefully for any signs of damage or tampering. Lastly, keep a record of your purchase details and current market prices to track your investment or collection progress effectively.
Checklist
Local buying checklist
- Verify current rates.
- Check purity markings.
- Inspect silver for damage or tampering.
- Compare prices from reputable dealers.
- Request certification or receipts for significant purchases.
- Record purchase details and market prices for future reference.
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FAQ
Frequently asked questions
What is the current price of silver in Detroit?
As of 13 May 2026, silver with 999 purity is approximately $2.82 per ounce.
How can I verify silver purity?
Check for official markings on the silver and consider testing or purchasing from reputable dealers.
Are there any recent trends in silver prices in Detroit?
Yes, prices have recently increased, reaching $2.81 for 999 purity, indicating a slight upward trend.
What should I consider when buying silver locally?
Verify current rates, check purity, inspect for damage, compare dealer prices, and request certification.
Is it better to buy silver coins or bars in Detroit?
It depends on your preference; coins are often more collectible, while bars may offer better value for larger quantities.
How often do silver prices fluctuate in Detroit?
Prices can fluctuate daily, with recent changes showing gradual increases over the past month.