Silver Price
Current Silver Spot Price (USD per ounce)
Global Silver Prices
Regional silver premiums reflect differences in physical demand, supply logistics, and import duties across major markets.
Silver Price Performance
How the silver price has moved across key timeframes. Change is calculated from the opening price of each period to the current live price.
| Timeframe | High | Low | Change |
|---|---|---|---|
| 1 Day | 85.44 usd | 79.41 usd | -5.97% |
| 1 Week | 89.99 usd | 79.41 usd | -4.50% |
| 1 Month | 97.64 usd | 72.28 usd | +3.48% |
| 3 Months | 119.35 usd | 61.64 usd | +29.19% |
| 1 Year | 119.35 usd | 28.36 usd | +137.65% |
| 5 Years | 119.35 usd | 17.55 usd | +205.28% |
| 10 Years | 119.35 usd | 11.64 usd | +407.09% |
Silver Price per Ounce
The silver price is typically quoted in USD per troy ounce in global markets. One troy ounce equals 31.1035 grams. The troy ounce has been the standard unit for precious metals trading since the Middle Ages and is used by all major exchanges, including the LBMA and COMEX.
View silver price per ounceSilver Price per Gram
Bullion investors often track the silver price per gram when buying smaller silver bars, coins, and jewelry. The per-gram price is calculated by dividing the troy ounce price by 31.1035. This unit is popular in metric countries and for retail-level purchases.
View silver price per gramSilver Price per Kilo
The silver price per kilogram is commonly used for larger investments and industrial purchases. Silver kilo bars are popular among institutional investors and are a standard product offered by major refiners. To calculate the kilo price, multiply the per-gram price by 1,000.
View silver price per kiloData Sources & Methodology
Our silver price data is sourced from the global spot market reference rate XAG/USD, the widely-quoted international benchmark for silver priced in US dollars per troy ounce.
Prices are streamed once per minute during market hours and stored as 1-minute OHLC (open, high, low, close) bars. Longer timeframes are aggregated from this granular data, for example the “1D” view shows the last 24 hours, “1W” uses 30-minute bars, and yearly views use daily closing prices.
The precious metals spot market trades nearly 24 hours a day, 5 days a week (Sunday 5 PM ET to Friday 5 PM ET). During weekends and holidays the chart displays the most recent available prices. All times on this page are shown in your local timezone (UTC).
Silver Price FAQ
- How much is 1 ounce of silver worth today?
The silver price fluctuates continuously during market hours. See the live silver price above for the current value per ounce.
- What determines the silver price?
Silver prices are driven by a unique combination of industrial demand and monetary/investment demand. About 50% of annual silver consumption goes to industrial uses (electronics, solar panels, 5G infrastructure), while the other half is split between jewelry, silverware, and investment. This dual nature makes silver more volatile than gold.
- Why is silver important for solar energy?
Silver is a critical component in photovoltaic (PV) cells used in solar panels due to its unmatched electrical conductivity. Each solar panel uses approximately 20mg of silver. As global solar installations continue to grow, silver demand from this sector has been rising and now accounts for over 15% of total annual fabrication demand.
- What is the silver spot price (XAG/USD)?
XAG/USD is the international spot benchmark for silver priced in US dollars per troy ounce. It reflects the price for immediate delivery in the global OTC market. The LBMA Silver Price, set once daily at noon London time, is the key reference price for contracts and settlements worldwide.
- What is the Shanghai silver premium?
- The Shanghai premium measures the price gap between silver on the Shanghai Gold Exchange Ag(T+D) contract and the Western XAG/USD benchmark. A high premium indicates strong physical demand in China, which is both a major silver consumer and importer. See the latest Shanghai silver premium →
- What is COMEX silver and how does it differ from spot?
- COMEX is the primary US exchange for silver futures. While the spot price reflects immediate delivery, COMEX futures are standardized contracts for future delivery. COMEX prices often trade at a slight premium to spot due to storage and financing costs. COMEX registered and eligible vault inventories are closely watched as an indicator of physical availability. View the latest COMEX silver data →
- How can I invest in silver?
Common methods include physical bullion (bars, coins, and rounds), silver ETFs such as iShares Silver Trust (SLV) or Sprott Physical Silver Trust (PSLV), silver mining stocks, COMEX futures, and allocated silver accounts. Physical silver has no counterparty risk but requires secure storage.
- Why is silver more volatile than gold?
Silver's market is much smaller than gold's, so the same dollar amount of buying or selling has a larger price impact. Silver also has higher industrial demand exposure, making it sensitive to economic cycles. During bull markets, silver tends to outperform gold, but it also falls more sharply during downturns.
- How is the silver price per gram calculated?
Silver is quoted per troy ounce internationally. One troy ounce equals 31.1035 grams. Divide the per-ounce price by 31.1035 to get the gram price, or multiply the gram price by 1,000 for kilograms.
- How often is the silver price updated on this page?
Our silver price data is streamed once per minute from the XAG/USD spot rate during market hours. The chart updates automatically via a real-time connection.
- What is silver used for?
- Silver has the highest electrical and thermal conductivity of any element, making it essential in electronics, solar energy, medical devices, and water purification. It is also used in jewelry, silverware, and as an investment metal. Explore the full guide to silver uses →
The prices displayed are for informational purposes only. Use of this page is at your own risk. We accept no liability for errors.
