Silver price today
$54.16per troy ounce+0.22%on the day
London spot for one troy ounce of .999 fine silver · last close Oct 26, 2026
- Per gram$1.74
- Per kilogram$1,741.18
- Per 100 oz bar$5,415.68
Spot price context
Spot is the benchmark, not the checkout price. Silver carries a proportionally larger premium than gold because the same minting and shipping cost is spread over a much cheaper ounce. The tables below convert spot into the weights, purities and coins people actually own.
- 52-week high (close)$117.23Jan 28, 2026
- 52-week low (close)$46.92Oct 27, 2025
- Record close$117.23Jan 28, 2026
- 12-month change+11.4%from Oct 24, 2025
Daily closing prices from OWNx market data since 2010. The spot figure above is live; these four are closes.
Silver price per ounce, gram and kilo
Silver is weighed in troy ounces, not the ounces on a kitchen scale. One troy ounce is 31.103 grams, about 10% heavier than the 28.35-gram avoirdupois ounce, and a troy pound is 12 troy ounces rather than 16. A pound of silver and a kilo of silver work through those conversions in detail, and the density of silver covers how weight is used to check purity.
| Weight | Silver value (USD) |
|---|---|
| 1 troy ounce | $54.16 |
| 1 gram | $1.74 |
| 1 pennyweight | $2.71 |
| 10 troy ounces | $541.57 |
| 1 kilogram | $1,741.18 |
| 1 pound (avoirdupois) | $789.79 |
| 1 troy pound (12 oz) | $649.88 |
What sterling and other silver purities are worth
Silver is rarely pure. Sterling is 92.5% silver, US coin silver is 90%, and much European and Middle Eastern silver is 80%. Melt value scales directly with that fraction, so an ounce of sterling is worth 92.5% of an ounce of fine silver.
Silver plate is not silver. Items marked EPNS, "silver plate", "nickel silver" or "German silver" carry a microscopic amount of silver over a base metal and have essentially no melt value. Only a purity stamp, 925, 900, 800 or STERLING, means solid silver. Weight is the other check: silver is not magnetic, so anything that pulls to a magnet is not solid silver.
| Purity | Marked | Silver content | Per troy ounce | Per gram |
|---|---|---|---|---|
| Fine silver | .999 / 999 | 99.9% | $54.10 | $1.74 |
| Sterling silver | .925 / 925 / STER | 92.5% | $50.10 | $1.61 |
| US coin silver | .900 / 900 | 90.0% | $48.74 | $1.57 |
| European silver | .800 / 800 | 80.0% | $43.33 | $1.39 |
What US silver coins are worth today
Every US dime, quarter, half dollar and dollar minted through 1964 is 90% silver. Their melt value is many times face value, which is why they trade as bullion rather than currency. Figures below are melt value at today’s spot; collectible dates and grades can be worth considerably more.
Bags of pre-1965 coin are quoted by face value rather than by weight: dealers say "$100 face", meaning $100 in dimes, quarters or halves, holding about 71.5 troy ounces of silver. A 1964 Kennedy half is 90% silver, but the 1965 to 1970 issues were reduced to 40% and everything from 1971 onward contains none at all, the single most common mistake when valuing an inherited jar of coins.
| Coin | Years | Silver content | Melt value |
|---|---|---|---|
| Morgan or Peace silver dollar | 1878–1935 | 0.7734 troy oz | $41.88 |
| Kennedy half dollar | 1964 | 0.3617 troy oz | $19.59 |
| Kennedy half dollar (40% silver) | 1965–1970 | 0.1479 troy oz | $8.01 |
| Washington quarter | pre-1965 | 0.1808 troy oz | $9.79 |
| Roosevelt or Mercury dime | pre-1965 | 0.0723 troy oz | $3.92 |
| Jefferson "war" nickel (35% silver) | 1942–1945 | 0.0563 troy oz | $3.05 |
| $1 face value of 90% coin | pre-1965 | 0.7150 troy oz | $38.72 |
What a silver bar is worth today
Values are melt value at today’s spot for .999 bars. Retail prices run above these by the dealer’s premium, which on silver is a larger share of the total than it is on gold.
The 1,000-ounce bar is the COMEX deliverable standard and varies in actual weight, generally between 980 and 1,080 ounces, so it is priced on its stamped weight rather than a round number.
| Bar size | Silver content | Value at spot | Take delivery |
|---|---|---|---|
| 1 troy ounce bar | 31.10 g | $54.16 | 1 oz silver bars |
| 5 troy ounce bar | 155.52 g | $270.78 | 5 oz silver bars |
| 10 troy ounce bar | 311.03 g | $541.57 | 10 oz silver bars |
| 1 kilo bar (32.15 oz) | 1,000 g | $1,741.18 | 1 kilo silver bars |
| 100 troy ounce bar | 3,110.3 g | $5,415.68 | 100 oz silver bars |
| 1,000 oz COMEX bar | 31,103 g | $54,156.80 | 1000 oz silver bars |
What a silver bullion coin is worth today
Modern one-ounce bullion coins each contain a full troy ounce of .999 silver or better. They carry a higher premium than bars because of minting and their government guarantee.
Rounds are privately minted and carry no face value, which is why they usually cost less than a government coin of identical silver content. If the metal is what you are buying, the round is the cheaper way to buy it.
| Coin | Purity | Silver content | Value at spot | Take delivery |
|---|---|---|---|---|
| American Silver Eagle | .999 | 1 troy oz | $54.16 | Silver Eagle |
| Canadian Silver Maple Leaf | .9999 | 1 troy oz | $54.16 | Maple Leaf |
| British Silver Britannia | .999 | 1 troy oz | $54.16 | Britannia |
| Austrian Silver Philharmonic | .999 | 1 troy oz | $54.16 | Philharmonic |
| Australian Silver Kangaroo | .9999 | 1 troy oz | $54.16 | Kangaroo |
| Buffalo silver round | .999 | 1 troy oz | $54.16 | Buffalo round |
| OWNx silver round | .999 | 1 troy oz | $54.16 | OWNx round |
Why the silver price moves
Silver trades at $54.16 against a record close of $117.23 set on Jan 28, 2026. Over the last twelve months silver has moved +11.4%. Silver is more volatile than gold, and for a structural reason: the market is far smaller, so the same dollar flow moves it further.
Industrial demand
This is what separates silver from gold. Roughly half of silver demand is industrial, solar panels, electronics, brazing and medical, so silver responds to manufacturing cycles in a way gold does not.
The gold-to-silver ratio
Investors watch the ratio for relative value: a historically wide ratio has often preceded silver outperforming gold, though the timing is unreliable.
Inflation and the dollar
Silver is a monetary metal as well as an industrial one, so it responds to currency debasement and real interest rates much as gold does, just with more amplitude.
Mine supply
Most silver is a by-product of copper, lead and zinc mining, so supply does not respond quickly to a higher silver price. Producers are not mining silver on purpose.
The practical consequence is that silver moves further than gold in both directions. That is worth knowing before treating a percentage move as a signal. For the tail-risk view, see what silver could be worth in a crisis.
Silver price history
Daily closing prices back to 2010.
Silver closed at $54.16 per oz on Oct 26, 2026.One year earlier it was $48.63.The interactive chart needs JavaScript.
| Period | Date | Close | Change to now |
|---|---|---|---|
| Latest close | Oct 26, 2026 | $54.16 | — |
| 1 year ago | Oct 24, 2025 | $48.63 | +11.4% |
| 5 years ago | Oct 26, 2021 | $24.17 | +124.1% |
| All-time high (close) | Jan 28, 2026 | $117.23 | -53.8% |
Where OWNx fits
OWNx sells silver at the spot price on this page, not at a premium over it. That matters more on silver than on any other metal: a $3 minting premium is under 0.1% of an ounce of gold but several percent of an ounce of silver. OWNx EDGE members ($14.99 a month or $149 a year) pay zero premium on every purchase; OWNx Standard accounts pay a 1.99%–5.99% premium that falls as you invest more.
OWNx stores what you buy as allocated bars registered in your name at COMEX-approved IDS vaults in Delaware and Texas, held off the OWNx balance sheet and insured all-risk through Lloyd’s of London. OWNx buys it back at the live bid with no selling fee, and proceeds land in your OWNx Cash Account immediately. OWNx has operated in precious metals since 2008 and is a National Coin and Bullion Association member and an LBMA Associate.
When you want the metal in hand rather than in a vault, take physical delivery of any bar or coin above. Silver is also eligible for a Precious Metals IRA if it meets the IRS fineness standard.
Frequently asked questions
How much is 1 oz of silver worth today?
One troy ounce of .999 fine silver is $54.16 at the spot price, as of the Oct 26, 2026 close. A one-ounce coin or bar sells for that figure plus the dealer’s premium, which on silver is proportionally larger than on gold.
What is 925 silver worth today?
Sterling silver is 92.5% pure, so one troy ounce of sterling holds $50.10 of silver and one gram holds $1.61. Weigh the piece in grams and multiply by the per-gram figure. Scrap buyers typically pay 60% to 85% of melt.
How much is a silver dollar worth now?
A Morgan or Peace silver dollar contains 0.7734 troy ounces of silver, worth $41.88 at today’s spot price. That is the melt floor; scarce dates and high grades trade well above it on the collector market.
How much is a Kennedy half dollar worth in silver?
A 1964 Kennedy half is 90% silver and contains 0.3617 troy ounces, worth $19.59 today. The 1965 to 1970 issues were reduced to 40% silver and hold 0.1479 troy ounces, worth $8.01. From 1971 onward they contain no silver at all.
What is a 90% silver dime worth today?
A pre-1965 Roosevelt or Mercury dime contains 0.0723 troy ounces of silver, worth $3.92 at today’s spot price. A $1 face value of any pre-1965 dimes, quarters or halves holds 0.715 troy ounces, worth $38.72.
How much is 1 kg of silver today?
One kilogram of .999 silver is $1,741.18 at today’s spot price. A kilo bar contains 32.15 troy ounces, which is why it sits between the 10-ounce and 100-ounce bar in both size and price.
What is today’s spot price for silver?
The silver spot price is $54.16 per troy ounce, as of the Oct 26, 2026 close. Spot is the price for immediate delivery of one troy ounce of fine silver and is the benchmark every dealer quotes against.
Why is silver more volatile than gold?
The silver market is far smaller than the gold market, so the same flow of money moves the price further. Roughly half of silver demand is industrial, which adds manufacturing-cycle sensitivity gold does not have. Over the last twelve months silver has moved +11.4%.
Is silver plate worth anything?
Almost nothing as metal. Items marked EPNS, "silver plate", "nickel silver" or "German silver" carry a microscopic layer of silver over a base metal, and refining costs usually exceed the recoverable value. Only a purity stamp of 925, 900, 800 or STERLING indicates solid silver.
Keep reading
Weights and measures
Take delivery
Understanding silver
Other metals
Spot prices on this page come from OWNx’s own market data and update in your browser as the market moves. Spot is a benchmark for fine silver and does not include dealer premiums, shipping or refining costs. Coin silver weights are standard US Mint specifications. This page is information, not investment advice.
Buy silver at the spot price.
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