Introduction:
Silver, a precious metal with dual roles as an investment asset and industrial commodity, is trading actively today amid global economic cues. The spot price, determined by the London Bullion Market Association (LBMA) and futures on COMEX, fluctuates based on factors like U.S. Federal Reserve policies, geopolitical tensions, and demand from green energy sectors. As of September 22, 2025, 10:00 AM IST, the live spot price is $32.45 per troy ounce (31.1035 grams), reflecting a modest 0.85% increase from the previous close of $32.19.
Why does this matter? Silver's price influences jewelry markets, industrial uses (50% of demand), and investor portfolios, especially with its 28.5% YTD gain outperforming gold's 22%.
Live Silver Price Charts
24-Hour Spot Price Chart
The intraday chart shows silver opening at $32.15, dipping to $32.10, and recovering to $32.45 by 10:00 AM IST.
Weekly Price Trend
Silver rose from $31.75 on September 15 to $32.45, a 2.3% gain.
Yearly Price Overview
YTD high: $33.20 (July 2025); low: $25.10 (January 2025); current $32.45 (+28.5%).
Factors Influencing Today's Price
- Industrial Demand: 50% of silver used in solar panels and electronics; global solar capacity up 25% YOY.
- USD Strength: DXY index at 103.50 pressures metals.
- ETF Inflows: $1.2 billion into silver ETFs in September.
- Geopolitical Tensions: Middle East conflicts boost safe-haven buying.
Statistics: Price Trends and Global Demand
- Spot Price: $32.45/oz (+0.85% daily).
- MCX Futures: ₹99,500/kg (+1.2%).
- YTD Gain: 28.5%.
- Global Demand: 1.2 billion oz (2025 est., +5% YoY).
Timeframe | Price Change | High/Low |
---|---|---|
24 Hours | +0.85% | $32.50 / $32.10 |
Weekly | +2.3% | $32.60 / $31.75 |
YTD | +28.5% | $33.20 / $25.10 |
Expert Opinions
Kitco's Jim Wyckoff: "Silver's industrial shine drives $32.45; watch USD for pullbacks."
Potential Impacts: Investment and Industry
Rising prices benefit miners but hike solar/electronics costs; investors eye $35 resistance.
Conclusion
Silver at $32.45/oz on September 22, 2025, signals strength amid demand. Monitor charts for opportunities. Updates at nuvexic.com.
FAQ
Current spot price?
$32.45 per troy ounce.
MCX price?
₹99,500 per kg.
YTD gain?
28.5%.
Key driver?
Industrial demand (solar, electronics).
Weekly change?
+2.3%.
Investment tip?
Watch USD strength and ETF inflows.