Monex Silver Eagle Round Price
Product pricing (XEI)
Current Ask Price
$91.04
per 1 oz silver round
Bid
$87.46
Ask
$91.04
Market Stats
Open
$91.75
High
$92.45
Low
$89.97
Prev Close
$87.39
As of: Feb 3, 2026, 3:08 PM
Silver round (XEI) pricing from Monex • Updated on page load
Silver Spot Price
Raw silver spot (SBSPOT)
Current Silver Spot
$87.67
per troy ounce (spot)
Market Stats
Open
$88.37
High
$89.06
Low
$86.63
Prev Close
$84.10
As of: Feb 3, 2026, 3:08 PM
Silver spot (SBSPOT) data from Monex • Updated on page load
Silver Price Chart
Understanding Silver Round Pricing
Spot Price vs. Silver Round Price
When purchasing Monex Silver Eagle Rounds, you'll pay a premium above the spot price. The spot price represents the current market rate for silver traded in bulk on commodities exchanges.
Privately-minted rounds typically carry lower premiums than government coins, which means more silver content for your investment dollar.
Why Rounds Have Lower Premiums
- •Simpler Production: Private mints have lower overhead than government mints with legal tender requirements.
- •No Legal Tender Costs: Rounds don't carry face value or require government certification processes.
- •Efficient Distribution: Direct relationships between mints and dealers reduce intermediary costs.
- •Focus on Silver Value: Rounds are priced primarily on silver content rather than numismatic factors.
Premium Comparison: Rounds vs Coins
Silver round and coin premiums vary by product type:
Example at $88/oz spot:
- • Monex Silver Eagle Round (~3% premium): ~$91
- • American Silver Eagle (~5% premium): ~$92
- • Canadian Maple (~4% premium): ~$92
- Key advantage: Rounds offer more silver per dollar at lower premiums
Questions & Answers
Common questions about Monex Silver Eagle Rounds answered by our editorial team.
What determines the price of Monex Silver Eagle Rounds?
The round price equals the silver spot price (per troy ounce) plus a premium. Monex Silver Eagle Rounds typically have lower premiums than government coins, with the total cost approximately ~$90. The premium covers private mint production and dealer margins.
Why do round premiums vary between dealers?
Premium variations reflect different dealer business models, inventory positions, and overhead costs. Monex Silver Eagle Rounds purchased directly from Monex often offer competitive pricing since Monex is the source. Shopping multiple dealers helps identify the best pricing.
How does the bid-ask spread affect my round investment?
The bid-ask spread on silver rounds is typically competitive with other silver products. With a ~$90 round, this represents a few dollars. Your silver must appreciate by the spread percentage before you break even on a round-trip transaction.
Do Monex Silver Eagle Rounds have lower premiums than government coins?
Yes, rounds typically have premiums of 2-4% compared to 4-6% for government coins. This is because rounds don't carry the overhead of sovereign mint production and currency certification. For investors focused on silver content, rounds offer better value per dollar.
When is the best time to buy silver rounds based on pricing?
The best time is during calm market conditions when premiums are at normal levels (2-4%). Avoid buying during crisis-driven demand spikes when premiums can temporarily expand. Patient buying during normal markets secures better pricing on rounds.
For detailed market analysis and pricing information:
View Monex Silver Rounds Price ChartsSilver Round Resources
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