Silver Price Today

Silver Price Chart

Closing prices for COMEX silver futures. Every range is rendered on the page; hover or focus the chart and use the arrow keys to read any day.

Data sources: Spot price via api.gold-api.com · COMEX futures (SI=F) via Yahoo Finance. Prices are for informational purposes only and may be delayed. Figures on this page were generated 2026-11-03. Silver is quoted in US dollars per troy ounce.

Silver at a Glance

Day range

$48.62 – $50.91

52-week high

$121.30

52-week low

$46.80

1-month change

-17.55%

1-year change

+4.80%

5-year change

+107.79%

Recent Silver Prices

What the Silver Price Actually Means

The number at the top of this page is the spot price: what one troy ounce of .999 fine silver trades for right now, wholesale, for immediate delivery.

Three things follow from that definition, and they explain most of the confusion people have about silver prices.

It is a wholesale price. Spot describes metal moving in institutional quantities — LBMA Good Delivery bars of roughly 1,000 troy ounces, or COMEX futures contracts of 5,000 troy ounces. Nobody retail is transacting at that scale, so nobody retail transacts at spot.

It is a troy ounce price. A troy ounce is 31.1034768 grams, about 10% heavier than the ounce on a kitchen scale. Using the wrong ounce overstates the value of your silver by nearly a tenth. See silver price per ounce.

It assumes .999 purity. Most silver people own is not pure. Sterling is 92.5%, US coin silver is 90%, continental European silver is often 80%. Each is worth proportionally less per gram — see our purity chart.

Spot is not set by any single authority. It emerges from trading, principally in COMEX futures and the London market, and it moves nearly around the clock on weekdays. The chart above is built from COMEX daily closes; the headline figure is a live spot quote. Both are stamped with the time they were captured, because a precious-metals price without a timestamp is not information.

Spot Price vs. What You'll Actually Pay (or Get)

Here is the thing almost every silver price page leaves out: you will never transact at the number above. You will pay more than it, or receive less than it, always.

Buying: you pay a premium over spot. That premium covers refining the metal into a sellable form, minting or casting it, distribution, and the dealer's margin. It is not a markup in the pejorative sense — it is the cost of turning a 1,000-ounce vault bar into a one-ounce coin you can hold.

Premiums follow a consistent pattern. Large bars carry the lowest premium per ounce. Generic rounds are next. Government bullion coins cost more but sell more easily. Fractional pieces under one ounce carry the worst premium per ounce of metal, because minting a tenth-ounce coin costs nearly as much as minting a full one.

Critically, premiums move independently of spot. In periods of heavy retail buying, premiums have widened sharply while the metal price stayed flat — so silver gets cheaper and silver coins get more expensive at the same time. When comparing dealers, compare the total delivered cost per troy ounce. The spot price is identical everywhere; the premium is not.

Selling: you receive less than spot. The gap between what a dealer pays and charges is the spread. How wide it is depends almost entirely on how much work your silver creates for the buyer:

The practical rule, which applies in both directions: spot is a reference, not an offer. For anyone selling, the spread between the best and worst quote on identical material is routinely wider than a month of price movement — which means shopping the offer beats timing the market for any realistic quantity.

What Is Your Silver Worth?

If you are holding silver rather than buying it, these tools do the arithmetic:

• Silver melt value calculator — any weight, any purity
• Junk silver calculator — pre-1965 US coins by face value
• Scrap silver calculator — jewelry, flatware, sterling

By coin: American Silver Eagle · Morgan silver dollar · Silver quarter · Silver dime · Silver half dollar · War nickel

One warning before you calculate anything. Melt value is a floor for anything with collector or antique value and a ceiling for scrap. Named flatware patterns, hallmarked antique silver, key-date coins and signed designer jewelry routinely beat melt — sometimes by a wide margin. Melting is irreversible. If a piece is marked, matched, or unusually well made, find out what it is worth as an object before you find out what it is worth as metal.

Silver Price Per Unit

The same price, expressed however you need it. All figures update daily.

Note the two pound figures. A troy pound is 12 troy ounces; an ordinary avoirdupois pound is 14.5833 troy ounces — 21.5% more silver. Both answers are correct; they answer different questions. That page explains which one you want.

Where to Buy Silver — Our Pick

Everything above tells you what silver is worth. If you are buying rather than selling, what you actually pay is spot plus a premium — and that premium varies more between dealers than the metal price moves in a month.

Read the full recommendation, including where it does not apply →

Silver Price FAQ

What is the price of silver today? $50.13 per troy ounce as of November 3, 2026. The figure at the top of this page updates daily and carries the timestamp of the data behind it.

Why is the price on this site different from another site's? Quotes differ by a few cents depending on the feed, the moment it was captured, and whether the source shows bid, ask or mid. A difference of more than a percent usually means you are comparing a spot price against a retail price.

Does the silver price change on weekends? Barely. Futures markets close for part of the weekend, so quotes go stale until trading reopens. A price stamped Friday evening is still Friday's price on Sunday.

What makes the silver price move? Industrial demand (silver is the most electrically conductive metal, used heavily in electronics and solar), currency strength, interest rates, mine supply, and speculative positioning. Silver is more volatile than gold, partly because its market is smaller and partly because roughly half its demand is industrial rather than monetary.

Is silver cheaper than gold? Far cheaper per ounce. Gold currently trades at roughly 78.6 times the silver price — see our gold to silver ratio page for what that ratio means and how it has moved historically.

How far back does your chart go? To 2000, with daily data over recent years and monthly data further back. See silver price history.