Silver Price Per Gram Today
Byline: Reviewed by the Silver Value Chart Editorial Team · Updated September 19, 2026
$2.13 per gram
Silver spot $66.38/oz · updated
Quick answer
Pure silver is $2.13 per gram as of September 19, 2026. Most silver people own is not pure, though. Sterling — the 92.5% alloy stamped 925 on jewelry and flatware — works out to $1.97 per gram. Multiply your weight in grams by the figure that matches your item's purity, and you have its melt value.
| Unit | Equivalent | Price |
|---|---|---|
| Troy ounce | 31.1034768 g | $66.38 |
| Gram | 1 g | $2.13 |
| Kilogram | 1,000 g | $2,134 |
| Pound (avoirdupois) | 453.59 g · 14.5833 oz t | $968.04 |
| Pound (troy) | 373.24 g · 12 oz t | $796.56 |
| Tola | 11.6638 g | $24.89 |
| Sterling (925), per gram | 1 g × 0.925 | $1.97 |
Why grams, when bullion is priced in ounces?
The wholesale market quotes silver in troy ounces. Almost everyone who walks into a shop with silver to sell gets quoted in grams. That is not a contradiction — it reflects two different trades.
Bullion is a commodity business. It moves in standardized units: one-ounce coins, ten-ounce bars, hundred-ounce bars. The troy ounce is the natural unit because that is how the contracts and vaults are denominated.
Scrap is a weight business. A drawer of mismatched flatware, a broken chain and three rings have no standard unit. The only honest way to price them is to put them on a scale. Grams are the finest practical increment, which makes them the fairest unit for irregular lots — and the one your buyer's scale is already set to.
So if you are pricing coins or bars, work in troy ounces. If you are pricing jewelry, flatware or scrap, work in grams. Same metal, different arithmetic.
The math, stated plainly
To go from the spot price to a per-gram figure:
spot per gram = spot per troy ounce ÷ 31.1034768
At $66.38 per troy ounce, that is $2.13 per gram of pure silver.
Then adjust for purity:
melt value = weight in grams × per-gram price × purity
Purity is expressed as a decimal. Sterling is 0.925. Fine silver is 0.999. Coin silver is 0.900. So one gram of sterling is $2.13 × 0.925 = $1.97.
That is the entire calculation. Every calculator on this site, and every calculator anywhere else, is doing exactly this with a nicer interface.
The purities you will actually encounter
Most silver in circulation falls into a handful of grades, and the stamp usually tells you which.
- .999 or 999 — fine silver. Bullion coins and bars. Rare in jewelry, because pure silver is too soft to hold a shape.
- 925 or "sterling" — 92.5% silver, the overwhelming majority of silver jewelry and flatware. The remaining 7.5% is usually copper, added for hardness.
- 900 — coin silver, mostly pre-1965 US coinage and some older flatware.
- 800 — common in continental European silver.
- No mark at all — which means nothing on its own. Older and handmade pieces are often unmarked, and plated items are frequently marked in ways designed to look like purity stamps. See silver purity chart.
Plated is not silver. "EPNS", "silver plate", "A1" and similar marks indicate a microscopically thin silver layer over a base metal. The recoverable silver is negligible, and no reputable buyer will pay melt for it. Our scrap silver calculator covers how to tell the difference before you get an offer.
Worked examples at today's price
At $2.13 per gram of pure silver:
- A sterling teaspoon, typically around 20 g, holds 18.5 g of silver — about $39.48.
- A sterling chain weighing 15 g holds 13.9 g of silver — about $29.61.
- A 100 g sterling lot — a few small items together — holds 92.5 g of silver, about $197.41.
- A 1 kg lot of sterling flatware, which is a substantial canteen, holds 925 g of silver, about $1,974.10.
Two cautions on flatware. Knife handles are frequently sterling shells filled with resin, pitch or cement to give them weight, so the gross weight of a knife badly overstates its silver content — buyers weigh handles separately or discount them heavily. And weighted candlesticks and small bowls are often loaded the same way.
Why small lots are worth less per gram
Melt value scales linearly. What a buyer pays does not.
Processing a lot has fixed costs — testing, sorting, handling, refining, paperwork — that do not shrink when the lot does. A refiner quoting 95% of melt on a kilogram may quote far less on twenty grams, because the same overhead is spread across a fraction of the metal. Some will not quote at all below a minimum weight.
This is why melt value and offer price diverge most sharply at the small end, and why consolidating a lot before selling usually beats selling it piecemeal.
Selling or buying?
If you are selling, the figures here are a ceiling, not an offer. Refiners and major buyers typically pay 90–95% of melt; coin shops and jewelers 70–90%; pawn shops less. Weigh your items yourself before you go, on a scale that reads in grams to one decimal place. Knowing the melt value is the single thing that most improves what you are offered.
If you are buying, you will pay above spot, and buying by the gram in small quantities is the most expensive way to own silver. See what a realistic premium looks like →
Related pages
Per ounce · Per kilo · Sterling silver price · Purity chart · Scrap calculator
FAQ
How many grams are in a troy ounce of silver? 31.1034768 grams, by definition. Not 28.35 — that is the avoirdupois ounce used for food and postage, and confusing the two overstates silver by about 10%.
Is sterling silver worth 92.5% of the pure silver price? By melt value, yes. In practice a buyer also deducts for refining, so you receive less than 92.5% of the pure-silver figure.
My item is stamped 925 but a magnet sticks to it. Is it real? Silver is not magnetic. A strong magnetic response means a base metal is present — often a plated item, sometimes a sterling piece with a steel component such as a knife blade or a clasp spring. Test the body of the piece, away from any fittings.
Should I clean silver before selling it? No. Tarnish is a surface compound and does not meaningfully reduce silver content, while polishing removes a small amount of metal every time. For scrap it makes no difference to the offer. For anything with collector value, cleaning can reduce it substantially.
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 . Silver is quoted in US dollars per troy ounce.