How much is 1 oz of silver today?
1 troy ounce of silver costs $59.25 today at the live spot ask, and we pay $59.02 when you sell an ounce to us. That is up $0.13 (+0.22%) from today's open, against a 52-week range of $46.81 to $117.39. Half an ounce is $29.62, a quarter ounce $14.81, a tenth $5.92, and ten ounces $592.47.
A 1 oz silver coin or bar sells for the spot price plus a premium, so the price of a physical ounce is a little above the number here. See live prices for 1 oz silver coins and rounds and the American Silver Eagle, Canadian Silver Maple Leaf and Britannia. One troy ounce is 31.1035 grams, about 10% heavier than a kitchen ounce. Updated .
What is the silver spot price?
The silver spot price is the price of one troy ounce of silver for immediate settlement, quoted in U.S. dollars. It is the number every price on this site, in our shop and at every other dealer starts from. The figure at the top of this page is the live wholesale ask (the price to buy); the bid beside it is the price we pay when you sell silver to us. Right now silver is $59.25 an ounce, up $0.13 (+0.22%) from today's open.
How the silver price is set
No single exchange sets it. Silver trades over the counter between bullion banks, refiners and dealers around the clock, anchored by two public reference points: the LBMA benchmark auction in London and the futures contracts on the CME in New York. Dealers like Standard Bullion trade on live wholesale quotes derived from that market, which is why our price carries a bid and an ask instead of a single figure, and why it moves every few seconds while the market is open.
What moves the silver price
Silver is two markets in one. Roughly half of annual demand is industrial: solar panels, electronics, electric vehicles, brazing alloys and medical uses, all of which grow with the economy and with the energy transition. The other half is investment and jewelry, which moves with the same forces as gold: real interest rates, the dollar, and inflation expectations. That mix makes silver more volatile than gold in both directions. When investors are buying metal, silver usually rises faster; when they are selling, it falls harder. Supply is mostly a by-product of copper, lead and zinc mining, so it does not respond quickly to price, and the market has run a structural deficit in recent years.
Because silver is priced in the tens of dollars rather than the thousands, its per-ounce move is small in dollars but large in percent, and it is the metal most retail investors buy in physical form. The gold/silver ratio on this site shows how many ounces of silver one ounce of gold buys, a figure many investors watch to decide between the two.
Silver price per gram, ounce and kilo
Precious metals are priced in troy ounces (31.1035 grams), not the 28.35-gram ounce used for everything else. One gram of silver is therefore the ounce price divided by 31.1035, currently $1.90, and a kilogram is 32.1507 troy ounces, currently $1,904.84. The table above converts the live price to grams, kilos, pennyweights and the common coin fractions so you can value a piece of any size at a glance.
Silver price history
Silver was money for longer than gold was, and its price history reflects both that and its later life as an industrial metal. The famous spikes are 1980, when the Hunt brothers’ attempt to corner the market took it near $50, and 2011, when it returned to that level on investment demand before falling back. Between those peaks it spent years in single digits. The chart above carries monthly data from 1900, daily closes from 2011, and 15-minute intraday prices for the recent ranges.
Over the past year silver has traded between $46.81 and $117.39. A year ago it was $50.47, a change of +17.38% to today. Its all-time high is $117.39, set in January 29, 2026. The performance table above gives the exact price one day, one week, one month, one year and five years ago.
Spot price vs. what you pay
Spot is raw metal in wholesale size. A coin or bar adds refining, minting, assay, distribution and the dealer's margin, and that difference is the premium. Silver premiums are the highest of the four metals in percentage terms because the metal is cheap relative to the cost of minting and shipping it. A 100-ounce bar carries the smallest premium; one-ounce rounds and bars sit a little higher; sovereign coins such as the American Silver Eagle and Canadian Maple Leaf carry the most, and their premiums swing sharply when retail demand surges. Every product in our silver bullion shop is priced live off this spot price plus its premium, and when you sell to us we pay a bid tied to the same feed.
How to read the silver price chart
The chart above is spot only, drawn as an area or line: we do not show candlesticks because silver has no single exchange volume behind it and a candle would imply data that does not exist. The 24H, 7D and 1M ranges use our own 15-minute captures; 3M to 25Y use daily closes; MAX reaches back to 1900 on monthly data. The moving-average buttons (20 to 200 days) are calendar-day averages, so a 200-day average means the same thing on every range. Hover or touch the chart for the exact price on any date, and use the custom range to compare any two dates.
Silver price FAQ
How much is 1 oz of silver today?
One troy ounce of silver costs the live spot ask shown at the top of this page, refreshed every 15 minutes in the summary and every 15 seconds in the live price. A physical 1 oz silver coin or bar costs that spot price plus a premium for minting and distribution. The summary also gives the price of a half, quarter and tenth ounce and of ten ounces.
What is the silver spot price?
The silver spot price is the price for one troy ounce of silver for immediate delivery, quoted in U.S. dollars. It is the benchmark every dealer, refiner and exchange works from. The price at the top of this page is the live ask for silver on Standard Bullion's wholesale feed; the bid is what we pay when you sell to us.
What is the silver price today?
Today's silver price is shown live at the top of this page and in the summary just below it, with the change from today's open, the 52-week range and the all-time high. The summary figures refresh every 15 minutes; the live price refreshes every 15 seconds while you have the page open.
How is the silver spot price set?
There is no single silver exchange. The spot price emerges from over-the-counter trading between banks, refiners and dealers, anchored by the LBMA benchmark auctions in London and by futures on the CME (COMEX/NYMEX) in New York. Our feed is the live wholesale price at which we can actually buy and sell metal, which is why it carries a bid and an ask rather than one number.
What is the difference between bid and ask?
The ask is the price to buy silver from us; the bid is the price we pay to buy it from you. The gap between them is the spread, which is how the wholesale market prices liquidity. Both are shown on this page. Most published "silver prices" are a mid or an ask only.
Why is the price of a silver coin or bar higher than spot?
Spot is the price of raw metal in wholesale quantities. A coin or bar adds refining, minting, assay, distribution and dealer costs, plus the liquidity of a recognised product, and that difference is the premium. Silver premiums are the highest of the four metals in percentage terms because the metal is cheap relative to the cost of minting and shipping it. A 100-ounce bar carries the smallest premium; one-ounce rounds and bars sit a little higher; sovereign coins such as the American Silver Eagle and Canadian Maple Leaf carry the most, and their premiums swing sharply when retail demand surges.
How much is a gram of silver?
One troy ounce is 31.1035 grams, so the price per gram is the ounce price divided by 31.1035. The table above shows the live gram and kilogram prices. Note that a troy ounce is heavier than the ordinary (avoirdupois) ounce of 28.35 grams; all precious-metals prices use troy ounces.
When does the silver market trade?
Nearly around the clock. Trading opens Sunday evening U.S. Eastern time in Asia, follows the sun through London and New York, and closes Friday afternoon. Our live price updates whenever the wholesale market is open; over the weekend it holds Friday's close.
What are the 52-week high and low and the all-time high?
The 52-week range is the highest and lowest silver price over the past year from our daily record, including today's intraday extremes. The all-time high is the highest price in our full history: daily closes since 2011 and monthly data back to 1900. All three are shown in the summary at the top of this page and recomputed every 15 minutes.
Why does silver move more than gold?
Silver’s market is a fraction of gold’s size, so the same investment flow moves the price further. Half of its demand is industrial and swings with the economy, and its investors are more retail-driven. The result is a beta to gold of roughly 1.5 to 2: it tends to gain and lose more than gold in the same period.
Can I get the silver price as data or through an API?
Yes. The same live and historical silver prices are published as JSON and plain text, as a history API, as an embeddable chart and as signed webhooks. See the Precious Metals Market Data page and the Gold Price API documentation. It is free with attribution.
Where does Standard Bullion's silver price come from?
From the live wholesale pricing feed we trade on ourselves, captured every 15 minutes into our own price record for the charts and the daily history, with monthly data back to 1900 from published LBMA and USGS series. We do not scrape other dealers' prices.
Prices on this page are indicative live dealer quotes for information only and are not an offer to buy or sell. Data: Standard Bullion's own wholesale feed, daily record since 2011, and LBMA / USGS monthly series to 1900. Also available as market data and through the price API.