Silver Price Today: Live Spot Price per Ounce, Gram and Kilo
Check the current silver price in US dollars and in your own currency. The tables below break the spot price down by purity, by weight and by currency, with the live gold-silver ratio. Metal value only; it excludes dealer premiums, workmanship and taxes.
Last updated: · refreshes every five minutes while this page is open
Live silver spot price (XAG/USD)
Silver price per gram by purity: 999, 925 sterling and more
| Purity | Per gram | Per 100 grams | |
|---|---|---|---|
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Metal value only. Jewellery and silverware add workmanship, brand margin and tax.
Silver price by weight: gram, tola, ounce and kilo
| Weight | Value at 999 | |
|---|---|---|
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A tola is commonly taken as 11.6638 g. Check the convention where you buy or sell.
Silver price in EGP, SAR, AED, EUR, GBP and other currencies
The live dollar price converted at a reference exchange rate. Local market rates, duties and dealer premiums can make shop prices differ.
| Currency | Per gram | Per ounce | |
|---|---|---|---|
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How the silver price per gram is calculated
Silver is quoted in US dollars per troy ounce, and one troy ounce is 31.1034768 grams. Divide the ounce price by 31.1034768 to get the price per gram, multiply by the weight, then by the purity (925 ÷ 1000 for sterling). Multiply by an exchange rate for another currency.
Example with a round number that is not today's price: at $40 per ounce, one gram of 999 silver is $40 ÷ 31.1034768 = $1.286. A 100 g sterling (925) item is $118.96 in metal value.
To value a specific item, use the silver calculator, which takes your weight and purity.
Silver purity chart
| Mark | Silver content | Name and typical use |
|---|---|---|
| 999 | 99.9% | Fine silver: bars and bullion coins |
| 958 | 95.8% | Britannia silver: some coins and fine silverware |
| 925 | 92.5% | Sterling silver: jewellery, cutlery, silverware |
| 900 | 90.0% | Coin silver: older coins and some jewellery |
| 835 | 83.5% | Continental silver: some European jewellery and tableware |
| 800 | 80.0% | Continental silver: European silverware and jewellery |
The gold-silver ratio
The ratio is the gold price per ounce divided by the silver price per ounce, and the live value is in the panel above. It has swung from the teens to above 100 over the past century, which is why some investors use it to compare the relative value of the two metals. It describes the past and present, not the future.
What moves the silver price
- Industrial demand. A large share of silver goes into electronics, solar panels and other manufacturing, so economic activity matters more than it does for gold.
- Investment demand. Bars, coins and funds add demand when investors look for a store of value, and silver is more volatile than gold.
- The US dollar and interest rates. Like gold, silver is priced in dollars and pays no interest.
- Mine supply. Much silver is produced as a by-product of mining other metals, so supply does not always respond quickly to price.
Sources and method
Spot silver comes from public market-data providers (gold-api.com, with metals.live as a fallback). Exchange rates come from open.er-api.com, with the European Central Bank reference rates from Frankfurter as a fallback. Values are indicative, refresh in your browser and are not trading quotes or financial advice. Related pages: gold price today, crypto prices and the silver calculator.
Frequently asked questions
What is the silver price per gram today?
The live panel shows 999 fine silver per gram, calculated from the spot price per troy ounce divided by 31.1034768. The purity table converts it for 958, 925, 900, 835 and 800 silver.
How do I calculate the value of 925 sterling silver?
Take the 999 price per gram, multiply by 925 ÷ 999 (about 0.926) or simply use the 925 row of the purity table, then multiply by the weight in grams. The result is the metal value before workmanship and tax.
Why is silver so much cheaper than gold?
Silver is far more abundant and is mined in much larger quantities, so an ounce trades for a small fraction of an ounce of gold. The gold-silver ratio on this page shows how many ounces of silver it takes to equal one ounce of gold at current prices.
What is the gold-silver ratio?
It is the gold price per ounce divided by the silver price per ounce. Some investors watch it to compare the relative value of the two metals. It is a reference point, not a forecast.
Why do dealers pay less than the spot price for silver?
Spot is a wholesale benchmark for bars of fine silver. A dealer buying jewellery or scrap deducts assay, refining and a margin, and silver items such as cutlery are often below 999 purity.
How often does the silver price update?
While the page is open and visible, it refreshes every five minutes. If the live source cannot be reached, the page may show a previously saved quote and labels it with the time it was saved.