About the silver price
Silver is both a precious metal and an industrial one, which makes its price more volatile than gold. The spot price shown is for one troy ounce of pure (.999) silver for immediate delivery — the reference behind junk-silver, sterling and bullion valuations.
What moves the silver price
Silver responds to the same monetary forces as gold but is amplified by industrial demand — solar panels, electronics and electrical contacts. The gold-to-silver ratio is a popular gauge for whether silver looks cheap or expensive relative to gold.
Using this silver chart
Use the live silver price to value 90% junk silver, sterling flatware, rounds and bars. The number here drives the Coinmelter silver calculators, which convert spot into the actual silver weight (ASW) of specific coins.
Frequently asked
What is the current silver spot price?
The live silver price is shown at the top of this page in US dollars per troy ounce and refreshes automatically every few seconds. You can switch the chart between 1 day, 1 week, 1 month, 1 year, 5 years and all-time.
What does the silver spot price mean?
Spot is the price for immediate delivery of one troy ounce of pure silver. It is the wholesale benchmark; physical coins and bars trade at a small premium over spot, while scrap typically sells slightly below spot.
How is the silver price per gram or kilo calculated?
Divide the per-ounce spot price by 31.1035 to get the price per gram, then multiply by the weight you need. The "price by weight" panel on this page does this for grams, kilos, pennyweight, tola and tael automatically.
Where does this silver price data come from?
Live spot comes from a public market feed and historical chart data from exchange futures. Prices are indicative and intended for valuation and education, not for executing trades.