Silver prices are dynamic, fluctuating with the forces of supply and demand.Our silver pricing table gives you the latest spot silver prices in Mexico by ounce, gram or kilogram. Prices are updated throughout the day to reflect the most recent changes in the market.
Live silver prices for Mexico are shown in Mexican Pesos. Live silver prices are set by market participants in major commodity market trading centers including Tokyo, London and New York. Silver prices are updated each minute so that you’re always getting the latest silver prices.
Today's Price for Silver in Mexico
| Silver Spot Prices | Today | Change |
|---|---|---|
| Silver Price per Ounce | $590.24 | 0.00 |
| Silver Price per Gram | $18.977 | 0.00 |
| Silver Price per Kilogram | $18,977 | 0.00 |
Mexico Silver Price Chart
- Ounce
- Gram
- Kilogram
Our silver price chart for Mexico shows silver prices in Mexican Pesos for the last year. Prices are displayed in multiple units of measurement including ounces, grams and kilograms.
Historical silver price data can be helpful when you're tracking trends and evaluating past performance.
This chart shows the price of one ounce of silver in Mexico (Mexican Pesos) for the last year.
The average price per ounce of silver in the last year was $456.06.
The highest price per ounce of silver in the last year was $593.97 on August 27, 2024.
The lowest price per ounce of silver in the last year was $372.35 on October 2, 2023.
The price per ounce of silver isup +52.37% in the last year.
Yearly Silver Prices in Mexico
- 2024
- 2023
- 2022
- 2021
- 2020
- 2019
- 2018
- 2017
World Silver Prices
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Mexico Silver Prices - FAQs
What is the current silver price in Mexico?
The current silver price in Mexico is $590.24 per ounce.The current price of silver is up from $387.37 this time last year (2023-9-14).
What is the spot price of silver in Mexico?
The silver spot price is the current price at which immediate settlement ofa contract involving a specific number of lots or units of silver can be executed in the commodities market.The term "spot" refers to delivery of the commodity within two working days, as opposed to a futures contract in which deliveries and payments are deferred to a future date.The latest spot price for silver in Mexico is $590.24 per ounce.
How are Mexico silver spot prices calculated?
Mexico silver spot prices are calculated based upon supply and demand.There is no fixed mathematical formula to calculate spot prices for a commodity.The spot price is whatever the buyers and sellers are willing to agree upon for immediate settlementin both the global and Mexico commodity exchanges.
How often do silver prices change?
Commodities are traded in the global markets 24 hours a day, 5 days a week. Silver prices fluctuate throughout the day as traders take long and short positionsdepending on their business needs or investment strategies.
Why is silver expensive?
Silver is more expensive than most metals because many people own it as an investment.Silver is also used for jewelry as well as many other consumer and industrial goods.These many uses drive demand which causes the price to increase expensive becausethere is more demand for it in the commodities market than the available supply.
What affects silver prices in Mexico?
The price of silver is determined by the push and pull of supply and demand.When the demand for Silver in Mexico exceeds its supply, prices go up, and vice versa.
How much does one ounce of silver cost in Mexico?
The price of one ounce of silver in Mexico is $590.24 as of 2024-9-14 2:00 AM UTC.
What was the highest price of silver in Mexico in the last 8 years?
In the last 8 years, the highest price of silver in Mexico was $653.08 per ounce on August 10, 2020.
Are silver prices the same everywhere?
No. Silver prices vary from one market to another.Even though the difference in prices is usually not very large between different markets, advanced traders take advantageof small differences in silver prices to engage in arbitrage.
Why do silver prices fluctuate in Mexico?
The price of silver in Mexico is determined by supply and demand.If there is more demand than supply, prices go up.If there is more supply than demand, prices of silver in Mexico go down.Demand and supply are in turn affected by a number of macroeconomic and geopolitical factors.
How much silver should you own in your portfolio?
According to some experts, about 5-10% of your portfolio should be made up of commodities. Some experts advise that you diversify your commodity portfolio by adding a mix of commodities to it. However, you can invest more or less than the suggested 5-10% depending on your own appetite for risk. It’s usually a good idea to consult with a qualified investment professional before making investment decisions.
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