Silver bullion is offered for sale at the Chicago Coin Company in Chicago, Ill. Scott Olson/Getty Images
Silver spot prices were trading up on Monday after recently breaking through the $50 per-ounce level for the first time ever.
Spot silver was trading at $51.08 per oz. as of 6:50 a.m. EDT on Monday, up by more than 1.5 percent from Friday’s close. The metal had closed above the $50 level on Friday. The spot price for silver previously came close to $50 in April 2011, when it hit $49.54 per oz. Since the beginning of 2025, prices have jumped by more than 76 percent.
