Silver Price Per Gram Today — Live .999, .925 & All Purities

Understanding this purity table is the essential first step for anyone valuing silver jewelry, scrap silver, or bullion. The purity decimal system is straightforward: a purity of .925 means 92.5 parts pure silver per 100 parts of alloy. To calculate the per gram price for any purity, you multiply the fine silver per-gram price by that decimal. The remaining metal content — typically copper in sterling silver — adds structural strength but has negligible value compared to the silver content.

The table displays four unit columns because different silver markets use different conventions. The gram is the practical retail and scrap standard — most jewelry scales measure in grams to 0.01g precision. The troy ounce (31.1035 grams) is the global commodity market standard; every COMEX and LBMA quote is in troy ounces. The kilogram is the wholesale and industrial standard used by refiners, ETF custodians, and electronics manufacturers. Pennyweight (DWT) is the traditional jewelers' unit: 20 DWT equals one troy ounce, and many pawnbrokers and older jewelry appraisers still quote in DWT.

All four columns show the same underlying silver value expressed in different measurement scales — a 31.1035-gram piece of .925 sterling silver is worth exactly the same whether you quote it as a per-gram rate, a per-ounce rate, or a per-kilogram rate. The only difference is the number used. Knowing which unit a potential dealer is quoting prevents significant valuation errors, particularly on larger bar or flatware transactions.

One critical warning: items marked EPNS (Electro Plated Nickel Silver), Silver Plate, Sheffield Plate, or German Silver are not included in this table because they contain essentially no silver. The silver layer on electroplated pieces is measured in microns, not grams, and has no meaningful scrap value. Check your hallmark carefully before using any row in this table — look for .925, 925, STERLING, STER, .999, or the specific purity number stamped on the piece.

The mathematical relationship between the troy ounce spot price and the per gram price is simple: spot price ÷ 31.1035 = price per gram for .999 fine silver. At today's live spot price of $— per troy ounce, one gram of pure .999 fine silver is worth $—. For the most widely held standard — sterling silver at .925 purity — the per-gram value is $—. Coin silver at .900 purity, the grade of pre-1964 US coins, is worth $— per gram.

The gram matters more than the troy ounce for most everyday silver users because small digital scales calibrated in grams are available for under $15, while accurately measuring in troy ounces requires knowing the 31.1035 conversion factor. A typical silver ring weighs 4–8 grams; a silver chain necklace 8–20 grams; a single flatware piece (dinner fork or serving bar spoon) 30–85 grams. The per-gram price makes these small weights easy to value without additional unit conversion math.

The kilogram is the international wholesale standard for silver. Refiners, industrial buyers, ETF custodians, and major bullion banks all quote and transact in USD per kilogram. At today's spot price, one kilogram of .999 fine silver is worth $—. Wholesale silver flows — the kind moving between mints, refiners, and industrial consumers — are measured in metric tonnes, making the per-kilogram price the professional standard.

The per gram price changes continuously during market hours (Sunday 6pm to Friday 5pm EST) and is static during market closures. The COMEX futures market in New York is the primary price setter for global silver, with the London Bullion Market Association (LBMA) setting twice-daily benchmark prices that inform physical settlement prices worldwide. The value shown on this page updates every 60 minutes from COMEX spot price data and displays in real time through the live widget at the top of this page.

Four weight units dominate the global silver market, and knowing which one is being used in any given quote is essential for accurate silver valuation. Confusing them can produce errors ranging from 9.7% (mixing up troy ounce and standard ounce) to a factor of 32 (mixing up gram and kilogram). On a $1,000 silver transaction, a 9.7% error means $97 miscalculated — a significant mistake that favors whoever is quoting in the unfamiliar unit.

The troy ounce (31.1035 grams) is the global commodity market standard. Every COMEX futures contract, every LBMA quote, and every bullion dealer price list uses the troy ounce as the baseline unit. The standard avoirdupois ounce used for groceries and household goods (28.3495 grams) is never used in silver pricing — using the wrong ounce produces a 9.7% error. If a buyer quotes you a silver price per "ounce" without specifying troy, it is almost certainly a troy ounce price — but it is worth confirming, particularly on large quantities of scrap silver or bar silver.

The gram is the practical retail and scrap unit. Most jewelry scales are calibrated in grams; most scrap silver buyers and refiners quote scrap prices per gram. If you are selling jewelry, flatware, or other small silver items, you will almost always be quoted a per-gram rate. Pennyweight (DWT) is the traditional jewelers' unit — 20 DWT equals one troy ounce, so 1 DWT = 1.55517 grams. Many older pawnbrokers and some estate jewelry buyers still quote in pennyweight. A buyer offering "$1.80 per DWT" for sterling is offering 1.80 × 20 = $36.00 per troy ounce for .999 silver equivalent — compare to the spot price of $— per troy ounce to evaluate the offer.

The six reference cards below show the live melt value of common silver weights in sterling silver (.925 purity), the most frequently encountered standard for jewelry, flatware, and scrap silver in the US and UK. These values update automatically whenever the COMEX spot price moves, giving you an instant reference for the most common weights you might encounter when sorting, buying, or valuing silver items. For other purities — such as .999 fine silver bullion or .900 coin silver — use the calculator section above or read the per-gram value directly from the purity table at the top of this page.

These quantities map directly to common silver jewelry and scrap silver weights encountered in everyday buying and selling. A typical sterling silver ring weighs 3–8 grams; a silver necklace 8–20 grams; a bracelet 10–30 grams. A single flatware piece — dinner fork, soup spoon, or table knife — weighs 30–85 grams in solid sterling. A full 12-place sterling silver flatware set can weigh 1,400–2,200 grams. A 1 troy ounce silver round weighs exactly 31.1035 grams. The 100-gram card is particularly useful for benchmarking bar silver and larger scrap silver lots.

Today's silver per gram price of $— for .999 fine silver sits within the context of a market shaped by multiple overlapping forces. The primary price driver is the COMEX futures market, where institutional traders, mining companies, and industrial consumers hedge their silver exposure. The daily open and close on COMEX sets the benchmark spot price from which all per-gram calculations flow. Today's move from yesterday's close of $— per troy ounce represents $— (—) in absolute terms, or $— per gram of fine silver.

The USD exchange rate is the second major variable affecting the per gram silver price as seen by US buyers. Silver is priced globally in US dollars — a weaker dollar raises the USD-denominated spot price, increasing the per-gram value in dollar terms even if the underlying commodity demand is unchanged. This explains why silver often moves inversely to the Dollar Index (DXY). Industrial demand is the third key force: silver is a critical input in solar panels (an estimated 20 grams per panel), semiconductor packaging, automotive electronics, and electric vehicle charging infrastructure — all sectors with multi-decade growth trajectories that structurally underpin silver demand beyond its role as a precious metal or monetary asset.

Investment demand — particularly ETF inflows and outflows — can move the spot price rapidly and significantly over short time frames. The iShares Silver Trust (SLV) and Aberdeen Physical Silver (SIVR) collectively hold hundreds of millions of troy ounces, and large institutional rebalancing events create measurable price pressure. The gold/silver ratio (the troy ounce price of gold divided by the troy ounce price of silver) is widely watched as a mean-reversion indicator: historically the ratio averages near 65–70:1, meaning silver has historically traded at roughly 1/65th to 1/70th the price of gold per gram. The per-gram price shown at the top of this page reflects all of these forces simultaneously, updated every 60 minutes.

Before using the purity table above, you need to identify which row applies to your silver piece. This sounds simple, but missing or worn hallmarks and the prevalence of silver-plated items mean that identification is genuinely the first and most important step in any scrap silver or jewelry valuation. Getting the purity wrong — for example, treating .800 European silverware as .925 sterling — produces a 15.6% overvaluation error. Using this table for silver-plated items produces a 100% error, since plated pieces contain negligible silver content.

The five most common identification scenarios are: (1) Jewelry stamped 925, STERLING, or STER → use the .925 sterling silver row. (2) Bullion bar or round stamped 999 or Fine Silver → use the .999 row. (3) US coins dated 1964 or earlier (dimes, quarters, halves, dollars) → use the .900 coin silver row — no additional stamp needed, as the US Mint guaranteed the composition. (4) European silverware or jewelry stamped 800 or 835 → use the .800 or .835 row respectively. (5) Items marked EPNS, A1, Silver Plate, 1/20, WM, or Sheffield Plate → not in the table; these are plated and contain essentially no pure silver.

For practical identification, use a 10× loupe to read the small stamps on clasps, the backs of flatware handles, and ring shanks — hallmarks can be very small. A neodymium magnet is a quick first test: genuine silver is non-magnetic, while stainless steel and some base metals are strongly magnetic. For unmarked pieces, a silver acid test kit ($8–15 from any jewelry supply store) confirms silver content in about 30 seconds by testing a small surface scratch. See our Silver Hallmarks Guide for a complete visual reference of international silver stamps and How to Identify Silver for acid test instructions.