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Silver

Silver Price Today

As of August 8, 2026, the silver price is $63.55 per troy ounce, down 0.03% over the past 24 hours. The price is quoted in US dollars per troy ounce and updates continuously as COMEX futures and over-the-counter markets trade. That works out to $2.04 per gram and $2,043 per kilogram.

The live silver spot price today in the USA, quoted in USD per troy ounce with real-time XAG/USD data from COMEX. Silver is both a precious metal and an essential industrial commodity.

$63.55
-$0.02
-0.03%
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24h Change

-0.03%

24h Range

$63.54 to $63.58

Bid / Ask

$63.55

All-Time High

$121.62(Jan 29, 2026)

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Data Methodology

Where does this price data come from?
Silver spot prices are aggregated from trusted market data sources tracking the primary global exchanges, with automatic fallback for redundancy. Prices are updated in real-time during market hours, ensuring you always see the latest data. All prices reflect the latest available mid-market spot rate.
How is the silver spot price determined?
The silver spot price is derived from the most actively traded futures contracts on COMEX (CME Group) and the London Bullion Market Association (LBMA). The spot price represents the current market price for immediate delivery, calculated from near-month futures contracts adjusted for carry costs. During off-hours, prices reflect OTC (over-the-counter) trading across global markets, providing continuous 24-hour price discovery.
When are precious metals markets open?
COMEX futures trade Sunday through Friday, 6:00 PM to 5:00 PM ET (23 hours per day with a 1-hour break). The London Bullion Market (LBMA) operates Monday to Friday with two daily fixings: AM fix at 10:30 AM London time and PM fix at 3:00 PM London time. Outside of formal exchange hours, precious metals continue to trade on OTC markets globally, meaning prices can move 24 hours a day, 5 days a week. Our data reflects these continuous market movements.

Understanding the Silver Price

The silver spot price is the current market price for immediate delivery of one troy ounce of .999 fine silver, quoted internationally as XAG/USD. Silver occupies a unique dual role as both a monetary metal and an essential industrial commodity. Well over half of annual demand comes from industrial sectors like electronics, solar energy, electric vehicles, and medical devices.

Silver has served as money for thousands of years. Ancient civilizations from Greece and Rome to India minted silver coins for trade, China used silver ingots as money for centuries, and the word for money in many languages derives from the word for silver. Although most nations abandoned silver coinage in the 20th century, silver remains a recognized store of value. Investors worldwide hold it in the form of bars, coins, and exchange-traded funds.

The COMEX division of CME Group is the primary venue for silver price discovery. COMEX silver futures (ticker SI) trade in contracts of 5,000 troy ounces and set the global benchmark that dealers, refiners, and jewelers reference. The LBMA Silver Price, administered by ICE Benchmark Administration and set once daily at noon London time, serves as an additional benchmark for the physical market.

Silver's relationship with gold is closely watched through the gold-silver ratio, which measures how many ounces of silver are needed to purchase one ounce of gold. This ratio historically averages around 50-60, and it helps traders assess whether silver is undervalued or overvalued relative to gold. When the ratio stretches above 80, silver has frequently outperformed gold in subsequent rallies.

Silver Spot Price Today

The spot silver price shown at the top of this page updates continuously while COMEX is open, so the figure you see is the spot price of silver today rather than yesterday's close. Dealers, refiners, and ETF issuers all build their quotes on live silver spot prices, then add premiums for physical products such as coins and bars. Because silver trades nearly 24 hours on weekdays, the spot price can move meaningfully between the US afternoon settlement and the next morning.

Silver Price Chart

The live silver chart above plots XAG/USD tick by tick. Switch time ranges to turn it into a long-run silver price graph spanning a single day to several decades, or open the interactive dashboard for a full silver spot price chart with indicators and comparison overlays.

Industrial Demand: Electronics, solar panels, EVs, and medical devices consume well over half of annual supply
Investment Demand: ETFs, coins, and bars provide portfolio diversification and inflation protection
Gold-Silver Ratio: Traders use this metric to assess relative value between the two metals
US Dollar Strength: Silver moves inversely to the dollar, like gold
Mining Supply: Over 70% of silver is mined as a byproduct of copper, lead, zinc, and gold extraction
Green Energy Transition: Solar panel manufacturing is the fastest-growing source of silver consumption

Data provided by MetalCharts, a free precious metals tracking platform offering real-time prices, interactive charts, historical data, and portfolio tools for gold, silver, platinum, palladium, and copper. Prices sourced from major global exchanges including COMEX, LBMA, and LME, updated continuously during market hours.

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Frequently Asked Questions

What is the silver price today?
The silver price changes constantly during market hours. The live chart above shows the real-time XAG/USD price updated with market data from COMEX. Silver is quoted in US dollars per troy ounce (31.1035 grams).
What is the spot price of silver today?
The spot price of silver today is shown live at the top of this page, refreshed continuously while COMEX futures trade. Spot is the price for immediate delivery of .999 fine silver, and it is the benchmark that dealers use to price coins and bars before adding their premiums.
What is the silver spot price per ounce?
Silver's spot price is always quoted per troy ounce, which weighs 31.1035 grams. The silver spot price per ounce on this page comes from live COMEX market data. MetalCharts also publishes dedicated pages that convert the same quote into per-gram, per-kilo, and per-pound prices.
Where can I see the silver spot price right now?
The price panel and chart on this page show the silver spot price right now, updated in real time during market hours (Sunday 6 PM to Friday 5 PM ET). You can also embed a free live silver price widget on your own website with one line of HTML.
What did silver close at today?
COMEX publishes silver's official closing price each trading day: the daily settlement, calculated from the volume-weighted average of silver futures trades in a settlement window ending at 1:25 PM Eastern Time. Because silver keeps trading nearly around the clock on weekdays, the live price on this page can differ from the most recent settlement.
Why is silver called the 'poor man's gold'?
Silver offers the same core benefits as gold, including inflation hedging and store-of-value properties, but at a fraction of the price per ounce. This lower entry point makes silver accessible to a broader range of investors.
What is the gold-silver ratio?
The gold-silver ratio is the number of silver ounces required to buy one ounce of gold. It has historically averaged around 50-60 but has ranged from under 20 in 1980 to over 120 in 2020. Investors use this ratio to gauge relative value between the two metals. MetalCharts provides a live gold-to-silver ratio chart.
Is silver a good investment?
Silver provides portfolio diversification and carries significant industrial demand from electronics, solar panels, and EVs, which drives price appreciation independently of investment sentiment. Silver is more volatile than gold, creating larger swings in both directions. Suitability depends on individual financial goals and risk tolerance.
What is the COMEX silver inventory?
COMEX silver inventory is the physical silver stored in CME Group-approved warehouses. It splits into 'registered' (deliverable against futures) and 'eligible' (meets standards but not registered for delivery). Declining COMEX silver inventories indicate physical supply tightness.
What is silver used for?
Silver has the highest electrical and thermal conductivity of any metal. Well over half of demand is industrial: solar panels (photovoltaic cells), electronics, medical devices, water purification, and 5G technology. The remaining demand comes from jewelry, silverware, coins, bars, and photography.
Why is silver's chemical symbol Ag?
Silver is element 47 on the periodic table, and its symbol Ag comes from argentum, the Latin word for silver. That is also why markets quote silver as XAG/USD: the X marks a non-national currency code and AG is the element symbol. The live XAG/USD rate on this page is the current price of one troy ounce of silver (Ag).
What is the Shanghai Silver Premium?
The Shanghai Silver Premium is the price difference between silver on the Shanghai Gold Exchange (SGE), China's physical spot market, and the international spot price. A positive premium indicates strong Chinese physical demand. MetalCharts tracks this premium in real time.
How much silver is in a junk silver coin?
US 'junk silver' coins minted before 1965 contain 90% silver. A $1 face value of these coins holds approximately 0.715 troy ounces of pure silver. Common junk silver coins include pre-1965 dimes, quarters, and half dollars; Morgan and Peace silver dollars are the exception at 0.7734 troy ounces each and usually trade at higher premiums.