Live Silver Spot Price Today

Silver Spot Price Spot Change
Kilo of silver price $945.87
-1.12 %
Silver Price per Ounce $29.42
-1.12 %
Silver Price per Gram $0.95
-1.12 %
Kilo silver bars price

Investing in 1 Kilo Silver Bars

One Kilo silver bars are usually .999 fine, or .9999 fine, pure silver weighing approximately 1 kilogram (1 kg), one thousand grams (1000 g), or 32.1507 Troy ounces (32.1507 oz t). It is common to see this number rounded up to 32.2 ounces, 32.15 ounces, or 32.151 ounces. The size of a kilogram of pure silver is around the average size of a bottle of hand soap. These silver bullion bars are usually rectangular in shape and stamped with the weight, purity, and a unique serial number. Whether or not the silver bar specifies it or not, pure silver is weighed in Troy ounces. The larger the silver bar is, it is also more likely to stray, plus or minus, from the intended weight. Reputable dealers and companies will provide the exact weight prior to selling or buying.

If the silver bar has a purity of .999 (three nines) or higher, it qualities to be stored in a precious metals Individual Retirement Account (IRA).

1-kilo silver bars are usually packaged in protective plastic or a sealed assay card. 1-kilo silver bars are stackable and easy to store. Approximately 85% of 1 kilo silver bars are produced by private mints, while the remainder are made by government mints around the world, the same can be said for the common silver bar 1 oz size .

Who makes 1 kilo silver bars?

Some examples of private and government mints that have produced 1 kg silver bars include Money Metals Exchange, Metalor Technologies, Argor-Heraeus, Rand Refinery, Republic Metals, Pioneer Metals, the Sunshine Mint, Asahi (formerly Johnson Matthey), SilverTowne, Royal Canadian Mint, Australian Perth Mint, Germania Mint, Scottsdale Mint, Valcambi, Geiger Edelmetalle, and PAMP Suisse.

Investing in 1 kilo silver bars

When investing in silver, buying in bulk or larger quantities tends to have lower premiums or overhead added to the silver cost than smaller quantities of silver. 1 kilo silver bars are typically more cost-effective than buying silver coins individually or smaller bars.

If you bought a kilo silver bar in 2003 when the average price of silver was $4.85 per ounce, that silver bar would have been around $156. Today, if the price of silver is $23 per ounce, that would mean this 1-kilo silver bar would sell for close to $739. We can see how this silver investment actively hedges against inflation. $1 purchasing power in 2003 requires around $1.66 to have the same purchasing power in 2023. So, not only was this a solid return in nominal terms, but it was also a real rate of return after considering inflation.

Silver bars can be purchased in multiple sizes including fractional, one ounce, five ounce, ten ounce, one kilo (thirty-two point one five zero seven) fifty ounce, one hundred ounce, and one thousand ounce.

Common Sizes of Silver Bars:

  • 1 Troy Ounce (approximately the size of a mini-sized Hershey chocolate bar)

  • 5 Troy Ounce (approximately the size of a deck of cards)

  • 10 Troy Ounce (approximately the size of a smartphone – 3.5" long x 2" wide x 0.25" thick)

  • 32.1507 Troy Ounce (Kilo)(approximately the size of a bottle of hand soap)

  • 100 Troy Ounce (approximately the size of a power strip – 6" long x 3.25" wide x 1" thick)

  • 1000 Troy Ounce (approximately the size of a loaf of bread – 13" long x 4.75" wide x 3.5" thick)

Where can I find 1 kilo silver bars for sale?

When you buy 1-kilo silver bars, or any precious metal items like silver, gold, platinum, palladium, or rhodium, it is important to buy from a reputable dealer or company. This is to ensure that you are getting the product you are paying for, and that it is the weight and purity the company claims them to be.

Money Metals Exchange has been in business since 2010 while receiving an A+ rating from the Better Business Bureau (BBB) and thousands of five-star ratings and reviews from satisfied customers all over the United States. Every precious metal item is mailed with insurance and delivered quickly. Every shipment requires a signature upon delivery for extra security.

If you have any questions (FAQs) about the 1 kg silver bar, the 10 oz silver value, or the silver rounds for sale near me, your shopping online cart, the junk silver price per ounce, payment options, past orders, other items, or anything else, please contact our friendly customer service or precious metals experts at our phone number: 1-800-800-1865