LME Silver

The LME Silver contract combines daily tradeable dates with monthly and quarterly trading dates. In this way, the system seamlessly blends the daily structure of the London over-the-counter (OTC) market, and the monthly futures approach of existing exchange offerings.

The contract can be traded electronically from 01.00 to 20.00 (London time) via LMEselect, and through the 24-hour inter-office telephone market.

Market participants can access LME Silver prices for free using LMElive.

Data valid for 14 November 2019

LME SILVER CLOSING PRICES, US$ PER TROY OUNCE

Contract Price
SPOT 17.040
Month 1 17.040
Month 6 17.205
Month 12 17.395
Month 24 17.705

LME SILVER CLOSING PRICES, US$ PER FINE TROY OUNCE

LME Silver Volumes and Market Open Interest

Trading date Volume1 Open Interest2 
13 Nov 188     - 
12 Nov 188  1,699
11 Nov 188  1,706
8 Nov 1,706
7 Nov 181  1,706
6 Nov 174  1,699
5 Nov 174  1,699
4 Nov 174  1,706
1 Nov 167  1,713
31 Oct 181  1,699
30 Oct 174 1,706
29 Oct 195  1,718
28 Oct  169  1,718
25 Oct 175  1,706
24 Oct 205  1,704
23 Oct 184 1,704
22 Oct 198  1,718
21 Oct 170  1,718
18 Oct 87  1,711 
17 Oct 161  1,711
16 Oct 154  1,707
15 Oct 154 2,015
14 Oct 154 2,019 
11 Oct 42  2,015
10 Oct  238  2,071 
9 Oct 251  2,099
8 Oct 246  2,046
7 Oct 204  2,023
4 Oct 244  2,057
3 Oct 235 2,083
2 Oct 294 2,134
1 Oct 313  2,088
 
 
 
 
 
 
 
 

Volumes are quoted in lots and published T+2 days in arrears
2 Market Open Interest (the total of member and client open positions in lots) is published T+3 in arrears

Historical LME Silver Volumes and Market Open Interest

Your search returned results

LME Silver reference prices, US$ per fine troy ounce

 LME Silver
Date AM Midday   PM
15-Nov  16.895  16.910   
14-Nov  17.045  17.015 16.910 
13-Nov  16.910  16.935  16.870
12-Nov  16.790  16.760  16.760 
11-Nov  16.900  16.880  16.875
08-Nov 17.000 16.790 16.920
07-Nov 17.555  17.555 17.585 
06-Nov 17.605  17.535 17.550
05-Nov 18.050  18.050 17.685
04-Nov 18.055  18.140 18.095
01-Nov 18.070 18.105 18.045
31-Oct  18.090 18.000 18.040
30-Oct 17.815 17.935 17.815
29-Oct 17.800 17.690 17.775
28-Oct 18.060 18.065 17.860
25-Oct 18.065 18.115 18.260
24-Oct 17.505 17.540 17.750
23-Oct 17.585 17.535 17.585
22-Oct 17.625 17.615 17.545
21-Oct 17.690 17.715 17.770
18-Oct 17.465 17.435 17.525
17-Oct  17.410  17.440  17.550
16-Oct  17.290  17.265  17.325
15-Oct 17.665  17.665 17.505
14-Oct  17.600  17.580  17.605
11-Oct 17.660 17.585 17.475
10-Oct 17.775 17.755 17.495
09-Oct 17.835  17.795 17.770
08-Oct 17.500 17.545 17.730
07-Oct 17.465  17.440 17.540
04-Oct 17.590 17.580 17.375
03-Oct 17.615 17.580 17.655
02-Oct 17.260 17.260 17.455
01-Oct 17.030  17.100 17.100

LME Silver Reference prices: Hisotrical data

Your search returned results

LME Silver Closing Prices

LME Silver Contract specifications

Name Silver
Contract code AG
Contract type
Futures
Underlying material
Loco London Fine Silver held in London and complying with standards relating to good delivery and fineness acceptable to the Precious Metal Clearer of the Clearing House for the purpose of effecting settlement with the Clearing House, as such standards are in effect from time to time
Lot size
5,000 troy ounces
Price quotation
US Dollars and cents per troy ounce
Clearable currencies
US Dollars
Trading venues
LMEselect Inter-office market
Trading Hours 01:00 – 20:00 London time
24 hours
Contract period
Daily Dates tradeable from T+1 to T+3, Monthly Dates for at least 24 months (third Wednesday Prompt) and for a further twelve Calendar Quarterly Dates, as defined in the LME Rulebook
Daily Dates tradeable from T+1 to T+25 Monthly Dates for at least 24 months (third Wednesday Prompt) and for a further twelve Calendar Quarterly Dates, as defined in the LME Rulebook
Minimum price fluctuation (tick size)
$0.00500 per troy ounce
$0.00001 per troy ounce
(Carries) $0.00001 per troy ounce $0.00001 per troy ounce
Termination of trading
The last trading time for LMEprecious Silver Futures shall be 16:00 London time on the Last Trading Day. The Last Trading Day for LMEprecious Silver Futures shall be the Business Day which is one Business Day before the Prompt Date.
Settlement procedure
All unallocated Precious Metal deliveries to LME Clear should be made to LME Clear's nominated Precious Metal Clearer, in accordance with the Settlement Instructions issued by LME Clear
Margining
Realised Variation Margins applied

1 Defined terms used in this contract specification shall have the meaning ascribed to them in the LME Rulebook or LME Clear Rulebook (as appropriate)

LMEprecious data providers

The market data providers in the list below provide real-time pricing for LMEprecious contracts.