Live spot
Silver Price Today
Price history
30-day high
$78.71
30-day low
$62.38
Silver price by weight — today
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Context & background
Understanding the silver market
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, single-coin premiums currently run $8–$17 per ounce above spot. Generic silver rounds carry lower premiums — often $1–4 per ounce. Buying in larger quantities (a full monster box — the standard 500-coin bulk case — usually reduces the per-coin premium meaningfully).
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.
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