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Live silver spot price (XAG/USD) with 24-hour stats and price history.
Record high reflects the highest price in our available data history.
How the silver price has moved over time, shown in US Dollar per troy ounce.
| Period | Change (USD/oz) | % change |
|---|---|---|
| Today | +$ 0.31 | +0.46% ↑ |
| 1 Week | -$ 6.71 | -8.95% ↓ |
| 1 Month | -$ 12.19 | -15.15% ↓ |
| 6 Months | +$ 10.07 | +17.31% ↑ |
| 1 Year | +$ 32.19 | +89.18% ↑ |
| 5 Years | +$ 40.62 | +146.85% ↑ |
Percentages reflect the international silver price (XAG/USD). Indicative data, not financial advice.
Silver is both a precious and an industrial metal, which gives it a dual personality and typically larger price swings than gold. It is quoted per troy ounce in US dollars.
Demand comes from investors, jewelry, and a wide range of industries — from electronics to solar panels — making silver especially sensitive to the economic cycle.
Electronics, solar, and EV manufacturing consume large amounts of silver, tying its price to industrial output.
Traders watch how many ounces of silver equal one ounce of gold to judge whether silver is cheap or expensive.
As a smaller market than gold, silver can move sharply when investor money rotates in or out.
The silver spot price is quoted in US dollars per troy ounce. To see it in your own currency, apply your exchange rate, then divide by 31.1035 (the grams in a troy ounce) for a per-gram figure.
The ₹83 rate is illustrative — the same method works for any currency, just swap in its exchange rate. Our converter and country pages do this automatically using live rates.
| Weight | Price |
|---|---|
| Per Gram | $ 2.20 |
| Per Tola | $ 25.60 |
| Per 10 Gram | $ 21.95 |
| Per Ounce | $ 68.28 |
| Per Kilo | $ 2,195.12 |
Silver’s story is almost as old as gold’s. Mined since at least 3,000 BC, it became money across countless civilizations — the Greek drachma, the Roman denarius, and the Spanish “pieces of eight” that circulated the globe. For centuries silver was the everyday money of ordinary people while gold backed the wealth of kings.
The great silver mines of the Americas, especially Potosí in Bolivia, flooded the world with silver after the 16th century and reshaped global trade. Even today, the word for “money” in many languages — like the French “argent” — is literally the word for silver.
Silver is the best electrical and thermal conductor of any metal, and the most reflective, which is why it was once the heart of photography and mirrors. It is far more abundant than gold but still scarce, and unlike gold it tarnishes, reacting with sulphur in the air to form a dark patina.
This dual nature — precious yet industrial — gives silver its famously volatile behaviour. Roughly half of all silver demand comes from industry, so its price responds both to investor sentiment, like gold, and to the health of the global economy.
Silver is everywhere in modern technology. It is the key conductor in the solar panels driving the renewable-energy transition, and it appears in electronics, batteries, and the contacts of nearly every electrical switch. Its antibacterial properties make it valuable in medicine, water purification, and even clothing.
In everyday life silver still shines in jewelry, silverware, and coins, while its reflectivity keeps it in mirrors and optics. Demand from green technology — solar panels and electric vehicles — is now a major and growing driver of the silver market.
Silver trades alongside gold in the global precious-metals market, quoted per troy ounce in US dollars, with London as the benchmark. Because its market is smaller than gold’s and half its demand is industrial, silver tends to move further and faster than gold in both directions — a trait traders track through the gold-silver ratio.
Silver’s market is smaller and roughly half its demand is industrial, so both investment flows and the economic cycle move its price more sharply.
It is the number of silver ounces it takes to buy one ounce of gold — a long-standing gauge of relative value between the two metals.
Silver shares gold’s store-of-value role but its industrial demand makes it behave more like a growth-sensitive asset at times.