Silverymoon is the prime signatory state of the Confederation of the Silver Marches and therefore, viewed by many as the capital. It has been ruled for centuries by High Lady Alustriel Silverhand, a powerful wizard and one of the Seven Sisters, some of the most powerful individuals on Faerûn and also Chosen of Mystra, the goddess of magic. Recently, Alustriel stepped down, paving the way for her trusted advisor Taern “Thunderspell” Hornblade to ascend to the city’s supreme office. She is now the leader of the entire confederation.
Silverymoon is often dubbed “the Gem of the North”, for it resembles and emulates the lost elven city of Myth Drannor in many respects. It is one of the few civilized places in the middle of the rough and untamed wilderness that is the North of Faerûn. It has a rich cultural life and is renowned as a meeting place for all races that are morally inclined towards good.