Silver 999 price performance
▼ Down $0.62 (-25.1%) over 31 days
Richmond, Virginia, 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 Richmond, Virginia, as of 13 May 2026, silver prices for 999 purity stand at approximately $2.81 per ounce, reflecting a slight decrease of about 0.7% recently. Silver remains a popular choice for investors and collectors alike, with its value influenced by market trends, industrial demand, and economic factors. Over the past month, prices have shown some fluctuation, with a gradual upward trend culminating in the current rate. Understanding the current market conditions and historical price movements can help buyers make informed decisions. Whether you're considering adding silver to your investment portfolio or purchasing for personal collection, staying updated on local and national trends is essential. Richmond's market offers opportunities for both seasoned investors and newcomers, with transparent pricing and a steady demand for silver products.
Market
Market pulse
Silver prices in Richmond have experienced modest fluctuations over the past month, with recent prices reaching $2.81 per ounce for 999 purity. The market remains influenced by global economic conditions, industrial demand, and investor sentiment. As of mid-May 2026, the upward trend suggests cautious optimism among buyers. Market participants should monitor local and national trends, as well as historical data, to gauge potential price movements. Silver continues to be a versatile asset, balancing industrial use and investment appeal, making it a noteworthy option for diversifying portfolios in Virginia.
Guide
Buyer playbook
When purchasing silver in Richmond, start by researching current prices and market trends to ensure you’re paying a fair rate. Verify the purity of the silver, looking for official markings such as 999 or 925. Consider the form of silver—bars, coins, or rounds—and compare prices from reputable local dealers or online sources. Always request a certificate of authenticity and check for any additional fees or premiums. If buying in person, inspect the silver for any damage or irregularities. Keep records of your purchases for future reference and potential resale. Staying informed about market fluctuations and understanding the different purity levels can help you make confident and practical buying decisions in the Richmond area.
Checklist
Local buying checklist
- Verify current rates.
- Check purity markings.
- Inspect silver for damage.
- Request authenticity certificates.
- 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 Richmond, Virginia?
As of 13 May 2026, the price for 999 purity silver is approximately $2.81 per ounce.
How can I verify the purity of silver I want to buy?
Look for official purity markings such as 999 or 925 on the silver and request certification from the seller.
Are there any recent trends in silver prices I should be aware of?
Yes, recent prices have shown a gradual increase from around $2.58 in early May to $2.81, indicating a slight upward trend.
What should I check before purchasing silver in Richmond?
Verify current rates, check purity markings, inspect for damage, request authenticity certificates, compare prices, and keep records.
Is it better to buy silver in coin or bar form?
Both forms are popular; choose based on your preference, storage, and investment goals. Ensure the silver is certified and authentic.
How often do silver prices fluctuate?
Silver prices can fluctuate daily based on market conditions, industrial demand, and economic factors. Regular monitoring is recommended.