Silver Price Per Ounce Today
Live silver price per ounce in USD. The troy ounce is the standard unit for silver pricing globally. Prices shown for .999 fine, .925 sterling, .900 coin, and .800 silver purities.
The current price of silver per ounce is $72.62 for .999 fine silver. Sterling silver (.925) is $67.17 per ounce.
.999 Fine
$72.62
per ounce
.925 Sterling
$67.17
per ounce
.900 Coin
$65.36
per ounce
.800 Silver
$58.10
per ounce
Calculated from XAG/USD spot: $72.62/oz. The troy ounce is the standard unit for silver pricing globally. Source: TwelveData.
Silver Price by Quantity (Ounces)
| Quantity | .999 Fine | .925 Sterling | .900 Coin | .800 Silver |
|---|---|---|---|---|
| 1 oz | $72.62 | $67.17 | $65.36 | $58.10 |
| 5 oz | $363.11 | $335.87 | $326.79 | $290.48 |
| 10 oz | $726.21 | $671.74 | $653.59 | $580.97 |
| 50 oz | $3,631.05 | $3,358.72 | $3,267.95 | $2,904.84 |
| 100 oz | $7,262.10 | $6,717.44 | $6,535.89 | $5,809.68 |
Understanding Silver Troy Ounce Pricing
Silver is traded globally in troy ounces, a unit of measurement that dates back to medieval France. One troy ounce equals 31.1035 grams — about 10% heavier than the standard avoirdupois ounce used for everyday measurements.
The spot price quoted on this page reflects the XAG/USD exchange rate from the over-the-counter (OTC) precious metals market, the same benchmark used by the London Bullion Market Association (LBMA) and the COMEX futures exchange.
The troy ounce has remained the standard unit for precious metals for over 500 years because it provides a consistent, globally recognized measure. Unlike commodity markets that have shifted to metric units, silver and gold continue to be priced per troy ounce on every major exchange, including the Shanghai Gold Exchange, the Tokyo Commodity Exchange, and the Multi Commodity Exchange of India.
Silver Purity Grades
Not all silver products contain the same purity. The price per ounce varies based on the silver content:
- .999 Fine Silver — Investment-grade bullion bars and coins (American Silver Eagles, Canadian Maple Leafs). Contains 99.9% pure silver.
- .925 Sterling Silver — Used in jewelry and flatware. Contains 92.5% silver and 7.5% copper for added strength.
- .900 Coin Silver — Pre-1965 U.S. dimes, quarters, and half dollars. Contains 90% silver and 10% copper.
- .800 Silver — Used in some European coins and lower-grade silver products. Contains 80% silver.
Popular Silver Bar and Coin Sizes
Silver bars and coins are available in a range of sizes. The most popular investment sizes include 1 oz, 5 oz, and 10 oz bars, as well as 1 oz coins like the American Silver Eagle. Larger bars (100 oz, 1000 oz) are typically purchased by institutional investors and carry lower premiums per ounce.
Conversion: The troy ounce is the standard unit for silver pricing globally
Frequently Asked Questions
How much is 1 troy ounce of silver worth today?
Check the live price at the top of this page for the current troy ounce value across purities. Prices update every 30 seconds during market hours.
What is the difference between a troy ounce and a regular ounce?
A troy ounce weighs 31.1035 grams, while a regular (avoirdupois) ounce weighs 28.3495 grams. Silver and other precious metals are always quoted in troy ounces. One troy ounce is approximately 10% heavier than a standard ounce.
What is the difference between .999 fine silver and .925 sterling silver?
.999 fine silver is 99.9% pure silver, used in bullion bars and coins like American Silver Eagles. Sterling silver (.925) is 92.5% silver alloyed with 7.5% copper for durability, used in jewelry and flatware. Fine silver commands a higher price per ounce due to its purity.
How much is 10 ounces of silver worth?
Multiply the current per-ounce price by 10. A 10 oz silver bar is one of the most popular sizes for investors due to lower premiums per ounce compared to smaller sizes.