XAG / USD

Silver Price in USD (US Dollar Benchmark)

Current wholesale spot quotation for silver in United States Dollars with interactive metric weight conversion.

Market: XAG/USD Spot Currency: USD ($) Status: daily Last Updated:
Select Display Weight Unit:
Base Currency: USD
$ 49.25
USD per Troy Ounce (31.1035g) of Fine .999 Silver
Fine .999 Pure $ 49.25
Britannia .958 $ 47.182
Sterling .925 $ 45.556
Coin .900 $ 44.325

Silver Spot Price History (USD)

Historical price performance across timeframes

Historical quotes in USD per troy ounce Attribution: GoldAPI Reference Model

Understanding Silver's Value Dynamics

Silver is widely regarded as "the people's gold" due to its significantly lower price per ounce compared to gold, allowing smaller retail investors to accumulate physical bullion.

The Gold-to-Silver Ratio (GSR) is an essential indicator tracked by commodity traders, calculated by dividing the price of an ounce of gold by the price of an ounce of silver. Historically, when the ratio exceeds 80:1, investors often view silver as undervalued relative to gold.