Silver Price per Ounce Chart (Live XAG/USD)
LIVEThe silver price per ounce is the spot price of one troy ounce (31.1035 grams) of pure silver in US dollars, quoted as XAG/USD. The live chart below updates in real time on weekdays, so its most recent value is today's silver price per ounce; coins and bars sell at a premium above it.
Live market data — updates automatically
At a Glance
What this silver chart shows
The main chart plots OANDA:XAGUSD, the spot price of one troy ounce of silver in US dollars. "XAG" is the ISO code for silver, so XAG/USD is read like a currency pair: dollars per ounce of silver. Spot silver trades nearly 24 hours a day from Sunday evening to Friday afternoon New York time. Below the main chart you can compare gold, the iShares Silver Trust ETF (SLV) and platinum at a glance.
Spot is the wholesale reference price for large bars. Comex silver futures and the daily LBMA Silver Price auction in London track the same market, so they normally stay close to the line on this chart.
How to read the silver price chart
- Latest price: the last candle and the label on the right-hand axis show the current silver price per ounce.
- Timeframe: intraday intervals (1 to 60 minutes) for today's moves, daily candles for recent months, weekly or monthly candles for long history. To mark a session's high and low, switch to the 15-minute interval and use the horizontal line tool on the highest and lowest wicks.
- Candles: each one shows open, high, low and close. Long wicks mean price traveled far but was pushed back before the close.
- Log scale: silver's history includes sharp spikes and long declines. Turn on the log scale (bottom right of the chart) when looking at decades so equal percentage moves look the same size.
- Volatility check: silver commonly moves several percent in a day. Compare its daily range with the gold panel below the chart to see how much more volatile it is.
Silver unit conversions
| Unit | Equivalent |
|---|---|
| 1 troy ounce | 31.1035 grams |
| 1 avoirdupois (regular) ounce | 28.3495 grams |
| 1 kilogram | 32.1507 troy ounces |
| Large "good delivery" bar | About 1,000 troy ounces |
Worked example
Using a hypothetical spot price of $25 per ounce (an example figure, not today's price):
- Per gram: $25 ÷ 31.1035 = about $0.80
- Per kilogram: $25 × 32.1507 = about $804
- A 100 oz bar: 100 × $25 = $2,500 of metal before premiums
Valuing silverware, jewelry and old coins
Spot applies to pure silver. Sterling silver is 92.5% silver, so 100 grams of sterling contains 92.5 g of pure silver. US dimes, quarters and half dollars dated 1964 and earlier are 90% silver; $1 face value of those coins contains roughly 0.715 troy ounces of silver once normal wear is allowed for. Multiply the silver content by the per-ounce price from the chart to estimate melt value.
Spot price vs dealer price
The chart is a mid-market spot quote. Dealers sell at an ask above spot and buy at a bid below it. Silver coins and small bars usually carry a larger premium in percentage terms than gold, because production and shipping costs are high relative to the metal's value. Compare dealer quotes as "dollars over spot" rather than as total prices.
What moves the silver price
- Industrial demand: silver is used in electronics, solar panels, brazing alloys and medical products, so manufacturing activity matters.
- Gold and investment flows: silver often follows gold's direction with bigger swings; ETF and coin buying amplify moves.
- Real interest rates and the US dollar: like gold, silver pays no yield and is priced in dollars.
- Supply: most silver is mined as a by-product of lead, zinc, copper and gold mining, so output does not respond quickly to price.
A popular way to judge whether silver is cheap or expensive relative to gold is the gold-to-silver ratio.
Key moments on a long-term silver chart
| Date | Event |
|---|---|
| Jan 1980 | Silver spiked to near $50 per ounce during the Hunt brothers' attempt to corner the market. |
| 27 Mar 1980 | "Silver Thursday": the Hunts failed to meet a margin call and prices collapsed. |
| Apr 2011 | Silver rallied back close to the $50 area before falling sharply again. |
Printable silver price log (blank sheet)
Press the Print button below to print the live chart plus this blank log, or choose "Save as PDF" in the print dialog to get a printable PDF. Navigation and sidebars are hidden in print. Write down the spot price per ounce from the chart, then divide by 31.1035 for the per-gram column.
| Date | Time (time zone) | Spot (USD/oz) | Per gram | Notes / dealer premium |
|---|---|---|---|---|
Common mistakes
Using regular ounces instead of troy ounces; treating sterling (92.5%) or coin silver (90%) as pure; expecting to sell at spot; and judging a decades-long linear chart by eye instead of switching to log scale.
See also: palladium price and rhodium price charts.
Frequently Asked Questions
What are real-time silver prices today per ounce?
The live chart on this page shows the real-time silver spot price per troy ounce in US dollars (XAG/USD). The latest candle on the right is today's price; it updates continuously while the market is open, from Sunday evening to Friday afternoon New York time.
Is the silver price per troy ounce or regular ounce?
Silver is quoted per troy ounce, which equals 31.1035 grams. A regular avoirdupois ounce is only 28.3495 grams, so using a kitchen-scale ounce undervalues silver by roughly 9%.
How do I convert the silver price per ounce to grams or kilos?
Divide the per-ounce price by 31.1035 for grams and multiply it by 32.1507 for kilograms. At a hypothetical $25 per ounce, silver would be about $0.80 per gram and about $804 per kilogram.
Can I print a silver price per ounce chart as a PDF?
Yes. Click the Print button on this page and choose Save as PDF in your browser's print dialog. The printout includes the live chart and a blank silver price log table you can fill in by hand to track prices over time.
Why does silver move more than gold?
The silver market is much smaller than the gold market and roughly half of demand comes from industry, so silver reacts both to investment flows and to the economic cycle. That combination usually makes its percentage swings larger than gold's.