Silver 999 price performance
▼ Down $0.55 (-22.3%) over 30 days
Memphis, Tennessee, 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 Memphis, Tennessee, as of 13 May 2026, silver prices have experienced modest fluctuations over recent weeks. The current rate for 999 purity silver is approximately $2.81 per ounce, reflecting a slight decrease of about 0.35% from previous levels. Silver remains a popular choice for investors and collectors in Memphis, offering a tangible asset that can diversify portfolios. The local market has seen steady activity, with prices trending upward recently, indicating growing interest among buyers. Whether you're considering purchasing silver for investment, collection, or gifting, understanding current market conditions and purity standards is essential. The recent price history suggests a cautious but positive outlook for silver in Memphis, Tennessee, making it an intriguing option for those looking to add precious metals to their holdings. As always, staying informed about local rates and market trends helps ensure informed decisions in this dynamic market environment.
Market
Market pulse
Silver prices in Memphis have shown a gradual upward trend as of May 2026, with the latest rate reaching $2.81 for 999 purity silver. Market activity indicates steady demand, driven by both investors and collectors seeking tangible assets. The recent price movement suggests cautious optimism, with slight dips and recoveries reflecting broader economic factors. As global markets fluctuate, local buyers in Memphis should monitor price trends closely to optimize their purchases. The current environment offers opportunities for those looking to diversify their portfolios with silver, though market volatility remains a consideration. Staying updated on recent price changes and historical trends can help buyers make timely and informed decisions in this evolving landscape.
Guide
Buyer playbook
For buyers in Memphis interested in silver, start by researching current rates and market trends. Determine the purity level you prefer, such as 999 or 925, and compare local prices to national averages. When purchasing, verify the authenticity and purity markings on the silver items, and consider buying from reputable dealers with good reviews. Keep an eye on recent price movements to identify favorable buying opportunities, especially during periods of slight dips. Consider the form of silver you want—coins, bars, or rounds—and ensure they meet your investment or collection goals. Finally, store your silver securely and keep documentation of your purchases for future reference or resale. By following these steps, you can navigate Memphis's silver market more confidently and make informed decisions aligned with your objectives.
Checklist
Local buying checklist
- Verify current rates.
- Check purity markings.
- Confirm seller reputation.
- Inspect silver for authenticity.
- Compare prices with other local dealers.
- Secure proper storage for your silver.
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FAQ
Frequently asked questions
What is the current price of silver in Memphis?
As of 13 May 2026, the price for 999 purity silver is approximately $2.81 per ounce.
How do I verify the purity of silver I purchase in Memphis?
Check for official purity markings and buy from reputable dealers who provide certification or guarantees of authenticity.
Are there any local restrictions on buying silver in Memphis?
There are no specific restrictions; however, it's advisable to purchase from licensed dealers and keep purchase records.
What forms of silver are available in Memphis?
Silver can be purchased as coins, bars, or rounds, depending on your preference and investment goals.
Is silver a good investment in Memphis right now?
Silver prices have shown a gradual upward trend recently, but market fluctuations mean careful research is recommended before investing.
How should I store my silver in Memphis?
Store silver in a secure, dry location, preferably in a safe or lockbox, and keep documentation of your purchases.