How to buy silver at a low price this February

If you're going to bargain metallic successful this market, it makes consciousness to get arsenic debased a terms arsenic possible. Getty Images/iStockphoto

After weeks of what felt similar an endless uptick, the terms of silver plunged dramatically this week, tumbling from its latest record-high of above $110 per ounce to astir $88 per ounce, wherever it sits presently (as of February 3, 2026). For those who watched metallic ascent to unprecedented heights successful January, the correction feels dramatic. But here's what makes the existent infinitesimal peculiarly interesting: Despite the crisp pullback, metallic is up much than 190% compared to the $30-per-ounce terms astatine the commencement of 2025. 

That year-over-year performance tells somewhat of a antithetic communicative than the caller volatility mightiness suggest. While metallic prices are experiencing a downturn close now, the precious metal inactive stands to payment from today's antithetic economical climate. As much investors displacement toward carnal assets amid concerns astir rising authorities debt, geopolitical uncertainties and questions astir cardinal slope independence, the terms of metallic goes up. Add successful a structural marketplace deficit, and silver's underlying fundamentals haven't disappeared conscionable due to the fact that prices corrected.

So what does this mean for buyers? Well, it means an introduction constituent beneath $90 per ounce aft weeks of watching prices ascent to caller highs. But if you're going to bargain metallic this February, it makes consciousness to bash truthful astatine arsenic debased a terms arsenic possible. Below, we'll item however to bash that.

Start adding metallic and golden to your concern portfolio now.

How to bargain metallic astatine a debased terms this February

Timing matters little than strategy erstwhile it comes to buying metallic affordably. While you can't power marketplace swings, you tin power however you attack your purchase. Here are respective ways to maximize worth erstwhile buying metallic this month:

Take vantage of the dips, some existent and otherwise. With metallic trading astir $88 per ounce aft dropping from implicit $110, you're looking astatine prices that are importantly little than past week. These types of marketplace corrections don't warrant that determination volition beryllium further declines, but buying during pullbacks alternatively than during surge periods typically means lower introduction costs. 

Given silver's important gains implicit the past year, today's prices bespeak elevated levels compared to humanities norms, but they're inactive importantly much accessible than past month's grounds highs. So, it could marque consciousness to bargain successful present and support an oculus retired for aboriginal terms volatility that offers different opportunities to put astatine a little cost.

Learn much astir your precious metallic investing options here.

Buy metallic successful bulk to trim premiums. Precious metallic dealers complaint premiums supra the spot terms to screen their costs and nett margins. These premiums tin adhd a important magnitude to the outgo of your metallic investment, but the outgo besides typically decreases, sometimes substantially, erstwhile you acquisition larger quantities. So, alternatively of buying idiosyncratic silver coins oregon tiny bars, you whitethorn privation to see larger purchases, whether that's 10-ounce metallic bars, 100-ounce metallic bars oregon bulk metallic coin orders. Because the premium you wage per ounce typically drops arsenic quantity increases, by buying successful bulk, you're efficaciously lowering your outgo basis.

Compare online dealers for competitory pricing. Online precious metals dealers often connection little premiums compared to brick-and-mortar dealers and section coin shops due to the fact that they run with little overhead costs. For example, large dealers similar APMEX, JM Bullion, SD Bullion and others volition often vie with each different aggressively connected pricing, truthful cheque aggregate sites earlier purchasing, as premiums tin vary by respective dollars per ounce depending connected the trader and product. Don't hide to origin successful shipping costs and security erstwhile comparing full prices, though, arsenic that volition person an interaction connected the terms of your investment.

Consider larger metallic bars implicit coins. Silver coins typically transportation higher premiums than bars owed to minting costs and collectibility factors. If you're focused purely connected silver's concern worth alternatively than numismatic appeal, metallic bars connection much metallic for your money. For example, a 10-ounce metallic barroom mightiness outgo $15 to $20 little successful premiums compared to buying 10 1-ounce metallic coins, depending connected the trader and existent marketplace conditions.

Monitor the bid-ask spread. The spread betwixt what dealers wage for metallic (bid price) and what they complaint customers (ask price) straight affects your costs. Narrower spreads bespeak higher request and much competitory pricing. When spreads widen during volatile periods, you're paying much to buy. Watching this dispersed tin assistance you time your metallic purchases during periods of tighter pricing.

Watch for trader promotions. Many online precious metallic dealers tally periodic sales, connection discounts connected circumstantial products oregon supply incentives similar escaped shipping supra definite bid amounts. Signing up for trader email lists oregon checking their promotions pages earlier purchasing tin prevention meaningful amounts of money, particularly connected larger metallic orders.

The bottommost line

Silver's dip from grounds highs has created a model for buyers who were priced retired during the January surge. At astir $88 per ounce, prices stay elevated by humanities standards but importantly much accessible than they were conscionable days ago. And, whether you're adding to an existing presumption oregon entering the metallic marketplace for the archetypal time, focusing connected strategies that trim premiums, similar buying successful bulk, comparing dealers and choosing bars implicit coins, tin assistance you maximize the magnitude of metallic you get for your concern dollars. 

Edited by Matt Richardson