As of the close of the US market on 8/1/2006, the price for silver was $11.66/oz ... got that off the internet tee hee.. o and this part too: The price of silver changes constantly. I believe I saw a daily quote of $8.29 per ounce within the past few days. Silver "rounds" or bars in large quantities are usually available for just a few cents over the "spot price" and can be sold to dealers for only a few cents below spot. However you may be offered as little as 90% of spot when selling a single piece or charged nearly 2 times spot to buy one piece.