Memphis, Tennessee, 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

Silver 999 price performance

▼ Down $0.01 (-0.4%) over 30 days

Calculation output

Line itemValue
Rate per gram$2.60
Weight in grams10.000
Gold value$26.00
Chargeable weight10.000
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 $2.60 Verified
May 07, 2026 $2.59 Verified
May 06, 2026 $2.62 Verified
May 05, 2026 $2.62 Verified
May 04, 2026 $2.58 Verified
May 03, 2026 $2.59 Verified
May 02, 2026 $2.62 Verified
May 01, 2026 $2.60 Verified

In Memphis, Tennessee, silver prices as of 10 May 2026 are relatively stable, with the 999 purity silver valued at approximately $2.60 per ounce. Over the past month, prices have fluctuated slightly, but overall, they have remained steady around the $2.58 to $2.62 range. This consistency offers buyers a predictable market environment for purchasing silver, whether for investment or collection purposes. It's important to stay informed about current rates and market trends to make well-informed decisions. Local buyers in Memphis can monitor daily price movements and consider market conditions before making a purchase. Silver remains a popular choice among precious metals due to its affordability and versatility, making it an attractive option for both new and seasoned investors. As always, understanding the current market landscape helps ensure you get the best value for your investment in Memphis's vibrant precious metals scene.

Market

Market pulse

Silver prices in Memphis have shown stability over the past few weeks, with minimal fluctuations. As of 10 May 2026, the price for 999 purity silver is around $2.60 per ounce, reflecting a steady market. Recent trends indicate a cautious but consistent market environment, ideal for buyers looking to purchase silver without significant price volatility. Keep an eye on daily updates to capitalize on favorable rates and market conditions. While silver remains an accessible investment option, market dynamics can change, so staying informed is key for making timely decisions.

Guide

Buyer playbook

When buying silver in Memphis, start by researching current market prices, which as of 10 May 2026, are around $2.60 per ounce for 999 purity silver. Check local dealers and compare their rates to ensure you receive a fair price. Verify the purity markings and authenticity of the silver, especially if purchasing from individual sellers or less established outlets. Consider the form of silver you want, such as bars or coins, and understand the premiums involved. Always ask for a receipt and detailed documentation of your purchase. If buying in bulk, negotiate for better rates. Keep track of market trends and watch for price dips to optimize your buying strategy. Remember, buying from reputable sources ensures the quality and authenticity of your silver investment.

Checklist

Local buying checklist

  1. Verify current rates.
  2. Check purity markings.
  3. Inspect the physical condition of the silver.
  4. Confirm the seller’s reputation.
  5. Request certification or authenticity documents.
  6. Keep detailed purchase records.

Coverage

Rate coverage

239 Active cities
51 States covered
2 Country pages

FAQ

Frequently asked questions

What is the current silver price in Memphis as of May 2026?

As of 10 May 2026, the price for 999 purity silver in Memphis is approximately $2.60 per ounce.

How has silver pricing changed recently?

Silver prices have remained relatively stable over the past month, fluctuating between $2.58 and $2.62 per ounce.

What should I look for when buying silver locally?

Verify current rates, check purity markings, inspect the condition, confirm the seller’s reputation, request authenticity documents, and keep purchase records.

Is silver a good investment in Memphis?

Silver can be a versatile addition to your portfolio, but market conditions and personal goals should guide your decision. Prices are currently stable.

Are there specific purity levels I should consider?

Yes, 999 purity silver is the most valuable, priced at around $2.60 per ounce, with other purities like 925 and 900 being slightly less expensive.

Can I buy silver from individual sellers in Memphis?

Yes, but ensure you verify the silver’s authenticity, purity, and the seller’s reputation to avoid potential issues.