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Silver

Silver Price Per Gram Today

As of August 8, 2026, the silver price is $2.04 per gram, down 0.03% over the past 24 hours. That converts from a spot price of $63.55 per troy ounce, the benchmark unit silver is quoted in on global exchanges.

Live silver spot price converted to grams. One troy ounce equals 31.1035 grams, giving you the real-time per-gram price in USD.

$2.04
-$0.00
-0.03%
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24h Change

-0.03%

24h Range

$2.04 to $2.04

Bid / Ask

$2.04

All-Time High

$3.91(Jan 29, 2026)

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Gold & Silver Melt Value Calculator

Calculate scrap gold and silver jewelry values using live spot prices

Input

Troy ounce (oz t) = 31.1035g

Karat = gold purity (24K = 99.9%)

Melt Value

Total Melt Value

$0.00

1 Grams of 99.9% silver

Weight

0.0322

troy oz

Purity

.999

99.9%

Pure Metal

0.0321

troy oz

Spot Price

$0.00

per oz t

Silver Purity Values: Sterling to Fine
1 g

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.
How is the unit conversion calculated?
The standard trading unit for precious metals is the troy ounce (31.1035 grams). To calculate the price per gram, the troy ounce price is divided by 31.1035. Formula: Price per gram = Price per troy ounce / 31.1035.
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.

How Is the Silver Price Per Gram Calculated?

The silver price per gram is derived from the international spot price (quoted in USD per troy ounce) by dividing by 31.1035. Per-gram pricing is the standard at jewelry counters, small bullion dealers, and across metric-system countries where silver is sold in 1g, 5g, 10g, 50g, and 100g increments.

Gram-denominated silver products are accessible entry points for new precious metals investors. Small silver bars in weights of 1 gram to 10 grams allow buyers to start building a position without committing to the higher cost of full troy ounce coins or bars.

Refiners such as PAMP Suisse, Valcambi, and Heraeus produce gram-weight silver bars with assay certificates, ensuring authenticity and facilitating resale through established dealer networks worldwide.

Silver priced by the gram is also essential for the jewelry and silverware industries. Jewelers calculate material costs based on the per-gram rate, adding fabrication charges and design premiums to arrive at retail pricing. Scrap buyers assess pieces by weight in grams and apply the current melt value, discounting for sterling silver content of 92.5% purity compared to the .999 fine standard used for bullion.

Smaller gram bars carry higher premiums per unit of silver than larger formats like troy ounce coins or kilo bars. Manufacturing, packaging, and assay costs are spread across less metal. For cost-conscious buyers, 100-gram bars offer a practical middle ground between affordability and reasonable premiums.

Entry-level bars: Small gram bars (1g, 5g, 10g) are popular starting points for new silver investors
Trusted refiners: 100g silver bars from PAMP, Valcambi, and Heraeus are widely traded retail products
Purity pricing: Fine silver (.999) is priced at the full gram rate; sterling (.925) should be discounted by 7.5%
Industry standard: Gram pricing is the norm for silver jewelry valuation and scrap buyback

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

How is the silver price per gram calculated?
Divide the current troy ounce spot price by 31.1035. One troy ounce equals exactly 31.1035 grams, and this conversion is the global standard used by dealers, refiners, and jewelers to price silver in metric units.
How much is 1 gram of silver today?
The price of 1 gram of silver changes throughout the trading day as the spot price fluctuates. Check our live silver chart for the current XAG/USD spot rate, then divide by 31.1035 for the real-time per-gram value in US dollars.
Why buy silver by the gram?
Buying silver by the gram offers a low entry point for new investors and makes pricing intuitive for metric-system countries. It also aligns with how silver jewelry is valued worldwide. Small gram bars (1g, 5g, 10g) let you build a position gradually without the higher cost of full troy ounce products.
What is the difference between silver price per gram and per ounce?
Both represent the same underlying spot value expressed in different weight units. One troy ounce equals 31.1035 grams, so the per-gram price is always the per-ounce price divided by 31.1035. Neither carries a premium over the other; they are unit conversions of the same market rate.