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Silver Prices & Rates

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Silver Rates at GoldMoney




When you buy silver, you should always consider the mark-up you pay the dealer in addition to the market price. At GoldMoney we always offer you transparent, economical and consistent silver buy rates.

The buy rates displayed below are dependent on the currency you use to pay for your metal purchase. Please click on the 'Change currency' link below and note the buy rate for your currency of payment.


Silver Buy Rates
Current Spot Rate
£14.9937/oz
Ounces Rates
£1 - 6,099 £15.6294 4.24%
£6,100 - 60,989 £15.6219 4.19%
£60,990 - 304,949 £15.4420 2.99%
£304,950 - 609,899 £15.3970 2.69%
£609,900+ £15.3670 2.49%


Silver storage fee * 1 - 49,999
Silver oz.
  50,000 Silver oz.
and over
UK (VIA MAT) Month Annum   Month Annum
UK (VIA MAT) Flagvault_via_mat_logo 0.04084% 0.49%   0.0325% 0.39%
Switzerland (VIA MAT)          
Switzerland (VIA MAT) Flagvault_via_mat_logo 0.04084% 0.49%   0.0325% 0.39%
Hong Kong (VIA MAT)          
Hong Kong (VIA MAT) Flagvault_via_mat_logo 0.04084% 0.49%   0.0325% 0.39%
Hong Kong (G4S)          
Hong Kong (G4S) Flagvault_g4s_logo 0.04084% 0.49%   0.0325% 0.39%
Canada (BRINK'S)          
Canada (BRINK'S) Flagvault_brinks_logo 0.04084% 0.49%   0.0325% 0.39%
Singapore (BRINK'S)          
Singapore (BRINK'S) Flagvault_brinks_logo 0.04084% 0.49%   0.0325% 0.39%


  • Gold and silver are stored in Canada, Hong Kong, Singapore, Switzerland, and the UK. Platinum is available for storage in Switzerland and Hong Kong. Palladium is available for storage in Hong Kong.
  • Storage fees are only charged when you own gold, silver, platinum or palladium in GoldMoney. Storage includes insurance coverage against theft from the vault.
  • Fees are deducted monthly from your Holding with a minimum fee of 0.001 goldgrams, 0.001 silver ounces, 0.001 platinum grams and 0.001 palladium grams per month. The storage fees for gold, silver, platinum and palladium are applied to each vault where you hold metal. Therefore, if you hold a balance of gold in both the UK and Switzerland, the gold storage fee will be applied separately to both balances.
  • All storage fees are calculated and paid in goldgrams, silver ounces, platinum grams and palladium grams.
  • If storage fees change we will notify you 30 days in advance.


Consistent and competitive buy prices


Silver bars and coins are grouped under the term silver bullion. Although silver is a more volatile investment than gold (being subject to greater fluctuations in price), many investors still choose to buy silver to preserve their purchasing power.

Dealers frequently quote inconsistent silver rates that can vary heavily from day to day. This does not offer you the peace of mind you are looking for as a silver buyer. Moreover, their high spreads and hidden commissions can lead to expensive rates.

Fortunately, GoldMoney does offer you consistent and competitive silver prices. We quote you a bid price (which we refer to as the “current spot rate”). This is based on the current global market price for physical silver, to which we then add our fixed buy rate. Large orders are completed at the London silver fixing price plus our fixed buy rate.

We clearly state our silver buy rates before you submit your buy order, making the entire purchase process transparent and consistent every time you buy silver with us.


No sell fees or commission


As an investor you will be interested in receiving the best price when converting your metal back into a national currency. With GoldMoney you sell your silver back to us for the best possible price, namely the market bid price. We do not charge commission or fees*, unlike most other bullion dealers.

We trust you will enjoy the benefits of our inexpensive, consistent and transparent pricing. Find out more about all of GoldMoney benefits.

* In exceptional circumstances, GoldMoney may charge a sell fee. The purpose is to provide liquidity to the seller regardless of market conditions. For example, during rare events such as extreme market conditions, we may need to sell to a bullion dealer the metal that we purchase from a customer. If the dealer charges a fee that GoldMoney cannot reasonably absorb, the fee would be passed on to the customer. In keeping with our longstanding policy of full disclosure, if a sell fee is ever imposed, you will be advised of the fee before you transact, thus giving you the choice whether or not to proceed with the sale.

Online spot silver prices


We provide you with live spot silver prices, virtually 24 hours a day, 5 days a week. Our prices are updated every minute while the global silver market is open.

In our gold and silver research section you can find useful information charting the history of silver prices in recent years. We also have a large collection of silver charts available to view.


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