Live spot
Silver Price Today
Price history
30-day high
$81.84
30-day low
$71.79
Silver price by weight — today
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What moves the silver price?
Silver trades on two distinct demand bases simultaneously, which makes it more volatile than gold. Industrial demand accounts for roughly half of all silver consumption — it is used in solar panels, EV batteries, electronics, medical equipment, and water purification. As the renewable energy build-out accelerates, industrial silver demand has grown significantly. Investment demand — physical coins and bars, ETFs, and futures — drives most of the price volatility. When investors rotate into precious metals during periods of dollar weakness or inflation concern, silver often moves more sharply than gold.
The gold-to-silver ratio is a key metric many silver investors watch. When the ratio is historically high (above 80:1), silver is considered cheap relative to gold. When it compresses toward 50:1 or below, silver has typically outperformed gold during that period.
How to convert silver price to grams and kilos
Silver spot price is always quoted in US dollars per troy ounce. One troy ounce equals 31.1035 grams, so to get the per-gram price, divide the spot price by 31.1035. To get the per-kilogram price, multiply by 32.1507 (the number of troy ounces in a kilogram).
The weight reference table above shows today’s silver price per gram, per kilogram, and per pennyweight (a unit used for jewelry). For jewelry, coin, and scrap calculations, the silver price per gram calculator lets you enter any weight and purity (fine .999, sterling 925, coin 900) to get an instant melt value.
Buying silver: spot price vs. what you actually pay
The spot price shown on this page is not what you pay at a dealer — it’s the raw market price for pure silver. Dealers charge a premium over spot that covers minting costs, distribution, and their margin. For common government-minted coins like American Silver Eagles, premiums typically run $3–8 per ounce above spot. Generic silver rounds carry lower premiums. Buying in larger quantities (a full monster box of 500 Eagles, for example) usually reduces the per-ounce premium.
The dealer comparison page tracks current premiums across APMEX, JM Bullion, SD Bullion, and Money Metals so you can see who’s cheapest at today’s spot.
Common questions
What is the silver price today?
The current silver spot price is shown at the top of this page and updates on every page load from Yahoo Finance futures data (SI=F). Silver prices change continuously during market hours (Sunday 6pm to Friday 5pm ET). On weekends and holidays the price shown reflects the last traded value.
What is the silver spot price per gram?
To convert silver spot price per troy ounce to price per gram, divide by 31.1035 (the number of grams in a troy ounce). For example, if silver is $30.00 per troy ounce, it is $30.00 ÷ 31.1035 = $0.9646 per gram. Use the weight reference table on this page or the silver price per gram calculator at lode.rocks/gram for an interactive calculation.
Why does the silver price change every day?
Silver is traded around the clock on global futures markets. The price fluctuates based on industrial demand (silver is used in solar panels, electronics, and medical equipment), investment demand (ETFs, coins, bars), the US dollar's strength, and broader macroeconomic conditions including interest rates and inflation expectations.
What is the difference between silver spot price and silver coin price?
The spot price is the raw market price for pure silver. When you buy a silver coin from a dealer, you pay the spot price plus a premium — typically $3–8 per ounce for common coins like American Silver Eagles, less for generic rounds. The premium covers minting, distribution, and dealer margin. Use lode.rocks/compare to see current premiums across major dealers.
What is the silver price per kilogram?
To convert the silver price from troy ounces to kilograms, multiply by 32.1507 (the number of troy ounces in a kilogram). If silver is $30.00 per troy ounce, one kilogram of silver is worth approximately $964.52. Kilo bars are a popular way for larger buyers to accumulate silver at lower premiums than coins.
Is now a good time to buy silver?
Lode provides price data, not investment advice. Whether silver is a good buy depends on your financial situation, goals, and time horizon. The tools on Lode — price history, alerts, and dealer comparison — can help you make a more informed decision, but should not be treated as a recommendation to buy or sell.
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