Live silver price

Silver coins, bars and sterling compared

Investors usually buy silver as 1 oz coins (American Eagle, Maple Leaf, Britannia, Philharmonic), 10 oz and 1 kg bars, or 100 oz and 1,000 oz bars for larger holdings. Coins are easy to sell but carry higher premiums; large bars have the lowest cost per ounce but are heavier to store and harder to sell in small amounts. Sterling silver items such as cutlery, trays and jewellery are valued only for their metal content unless they have antique or maker value, so check hallmarks before selling them for scrap. Junk silver coins minted before 1965 in the US are 90% silver and trade close to melt value.

Silver price per gram, kilo and ounce

Quick reference at today's spot: 1 g $1.86, 10 g $18.57, 100 g $185.73, 1 oz $57.77, 10 oz $577.70, 1 kg $1,857.35 and a 100 oz bar $5,777.00. In euros the same ounce costs about €51.37.

How the silver spot price works

The silver price shown here is the spot price for one troy ounce of .999 fine silver traded on the global wholesale market. Like gold, silver trades nearly 24 hours a day on weekdays, but its market is much smaller, so prices tend to move more sharply.

Today silver is quoted at $57.77 per ounce, which equals $1.86 per gram and $1,857.35 per kilogram. The gold-to-silver ratio is currently about 72.5.

Silver purity and value examples

Bullion coins and bars are usually 999 fine. Sterling silver, used for cutlery and jewellery, is 925 (92.5%). Older coins can be 900 (90%), 800 or lower. To value an item, multiply its weight by its purity and by the price per gram.

A 1 oz American Silver Eagle has a melt value of about $57.77. A 250 g set of sterling cutlery contains 231 g of fine silver, worth roughly $429.51.

What drives the silver price

More than half of silver demand is industrial — solar panels, electronics, electric vehicles and medical uses — so silver reacts to economic growth as well as to investment demand. Mine supply comes mostly as a by-product of copper, lead and zinc mining, which means production does not respond quickly to price changes.

Tips for buying or selling silver

Premiums over spot are higher for silver than for gold, especially on small coins, so compare cost per ounce including the premium. In some countries silver bullion carries sales tax or VAT while gold does not. When selling, sterling items are usually priced at a percentage of melt value.

Identify the silver object before applying spot

A 925 tray, a 999 bullion bar and a plated dinner service need different treatment. Sterling normally contains 92.5% silver, but weighted handles, cement-filled bases, blades and non-silver fittings can make gross weight misleading. A silver-colored object can also be plate with no economically useful recoverable metal at a small-lot buyer. Read the complete marks and ask for testing when the construction is unclear. Do not value the full weight as pure silver solely because the surface looks bright.

For coins, identify the exact country, denomination, year and specification. Not all older coins have the same silver fraction, and a collectible can have value beyond melt. The mint’s fine-content specification is preferable to guessing from diameter or appearance. A purchased bullion coin’s price also includes fabrication and dealer margin. Compare fine ounces and delivered costs, then request a real buyback quote rather than assuming you will recover the purchase premium.

Silver can require substantial storage volume relative to the same value in gold. Confirm insurance and handling costs and plan how a large holding would be transported for resale. A low unit price does not automatically imply a low total transaction cost. Different jurisdictions can tax silver and qualifying investment gold differently; verify the product-specific rules rather than applying a blanket precious-metal exemption.

The quote here is an indicative fine-silver reference. It excludes taxes, storage, shipping and refining deductions. Compare quote timestamps before using the gold-to-silver ratio, because a stale observation for one metal can distort the result. The ratio has no guaranteed target or automatic reversal point. Use recorded history to observe past behavior, not to infer that one metal must outperform next.