Silver 999 price performance
▼ Down $0.55 (-22.3%) over 30 days
Newark, New Jersey, 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 Newark, New Jersey, silver prices as of 13 May 2026 reflect recent market fluctuations. The current rate for 999 fine silver is approximately $2.84 per ounce, showing a slight increase of about 1.07% from previous levels. Silver prices tend to vary based on market demand, economic conditions, and global trends. Over the past month, prices have experienced minor fluctuations, with a notable rise on May 13th. Whether you're a seasoned investor or a casual collector, understanding the current market environment is essential for making informed decisions about buying or selling silver in Newark. Local buyers should stay updated on daily price movements and market trends to optimize their transactions. Additionally, considering the purity of silver and current rates can help in assessing the value of your holdings or potential purchases. As the market continues to evolve, keeping an eye on recent historical data can provide insights into future price directions and assist in strategic planning.
Market
Market pulse
Silver prices in Newark are currently trending upward, with the rate for 999 purity silver reaching $2.84 per ounce as of 13 May 2026. Recent data shows a steady increase over the past few days, indicating a positive market momentum. Market analysts suggest that global economic factors and demand for precious metals are influencing these price movements. Investors and collectors should monitor daily fluctuations and consider market conditions before making transactions. While silver remains a popular choice for diversification, its prices can be volatile, so staying informed is key for making timely decisions in Newark’s local market.
Guide
Buyer playbook
To navigate silver transactions effectively in Newark, start by researching current rates and market trends. Always verify the purity of silver items, ensuring markings like 999 or 925 are genuine. When buying, compare prices from multiple local dealers to ensure fair value. For sellers, accurately assess the purity and weight of your silver, and consider the current market rate of $2.84 for 999 silver as of 13 May 2026. Keep documentation of purchase or sale transactions for future reference. Timing your purchase or sale during market dips or peaks can maximize value, but avoid making decisions based solely on short-term fluctuations. Educate yourself on local dealer policies, return options, and certification standards to facilitate smooth transactions. Whether buying or selling, staying informed about market trends and verifying item authenticity are crucial steps in the Newark silver market.
Checklist
Local buying checklist
- Verify current rates.
- Check purity markings.
- Confirm seller credentials.
- Inspect silver for damage or tampering.
- Compare prices from multiple sources.
- Keep transaction records.
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FAQ
Frequently asked questions
What is the current price of silver in Newark?
As of 13 May 2026, the price for 999 fine silver is approximately $2.84 per ounce.
How can I verify the purity of silver items?
Check for official markings such as 999 or 925 and consider professional testing if necessary.
Is it a good time to buy silver now?
Silver prices are currently trending upward, but market conditions can change. Consider your investment goals and market trends before purchasing.
Where can I sell silver in Newark?
You can sell silver to local dealers, jewelry shops, or precious metal buyers. Always verify their credentials and compare offers.
Are there any risks involved in buying silver locally?
Risks include counterfeit items, overpricing, or misrepresentation of purity. Always verify authenticity and compare prices.
How should I store my silver securely?
Store silver in a cool, dry place, preferably in a secure safe or container to prevent damage and theft.