Silver Price Per Gram
$1.92 per gram of pure silver
$59.76 per troy ounce · $1,921.33 per kilogram
Silver spot $59.76/oz · updated
Quick answer: One gram of pure silver is worth $1.92 at the latest spot reading. That figure is the current silver price per ounce of $59.76, divided by the 31.1035 grams in a troy ounce. When the ounce price moves, the gram price moves with it, by the same percentage.
Where the gram price comes from
Silver is not quoted in grams on the markets that set its price. The quote is in dollars per troy ounce, and every gram figure you see is a conversion of that one number. Nothing about the metal changes when you switch units; only the size of the slice you are pricing.
A troy ounce holds 31.1035 grams. So the gram price is the ounce price divided by 31.1035. It takes one line of arithmetic, and you can run it on a phone.
Here is the sum with the live inputs on this page:
- Spot per troy ounce: $59.76
- Grams in a troy ounce: 31.1035
- $59.76 ÷ 31.1035 = $1.92 per gram
Going the other way is just as simple. Multiply a gram price by 31.1035 and you are back at the ounce price. If your answer does not land near $59.76, one of the two numbers you started with was stale or measured in a different unit.
The reason the sum matters is that a gram is a small unit and silver has moved a lot in recent months. A figure copied from a screenshot last week can be wrong by a visible margin, even though a single gram sounds too small to bother about. Multiply that error by a few hundred grams and it adds up.
For the full ounce-side picture, including what a coin or bar costs over spot, see how much 1 oz of silver is worth.
Gram values from 1 to 500
The table below applies the same division to common weights. It is built from the live price, so it matches the number at the top of the page. The row for 31.1035 grams is the one-ounce row, which is why its value equals the ounce price.
| Weight | Troy ounces | Pure silver (.999) | Sterling (.925) |
|---|---|---|---|
| 1 g | 0.0322 troy oz | $1.92 | $1.78 |
| 2 g | 0.0643 troy oz | $3.84 | $3.55 |
| 5 g | 0.1608 troy oz | $9.61 | $8.89 |
| 10 g | 0.3215 troy oz | $19.21 | $17.77 |
| 20 g | 0.6430 troy oz | $38.43 | $35.54 |
| 31.1035 g (1 troy oz) | 1.0000 troy oz | $59.76 | $55.28 |
| 50 g | 1.6075 troy oz | $96.07 | $88.86 |
| 100 g | 3.2151 troy oz | $192.13 | $177.72 |
| 500 g | 16.0754 troy oz | $960.66 | $888.61 |
Read down the column and you will see the values scale in a straight line. Twenty grams is exactly twice ten grams. There is no volume discount inside the spot price; any difference you meet when buying comes from the seller's premium, which sits on top of this table and is a separate topic.
A handy check: ten grams is about a third of a troy ounce, so the ten-gram value should be roughly one third of $59.76. If you see $19.21 for ten grams, the table agrees with that rule of thumb.
Gram value by purity
Everything above assumes pure silver, marked .999. Most jewelry, flatware and older coins are not pure. A gram of sterling is not a gram of silver; it is a gram of an alloy that is 92.5 percent silver, and the rest is usually copper.
To price an alloy by the gram, you multiply the pure-silver gram price by the purity fraction. The table shows the silver content in each gram of each common fineness, and what that silver is worth right now.
| Fineness | Name and common marks | Silver | Per gram of the piece | Per troy oz of the piece |
|---|---|---|---|---|
| .999 | Fine silver (.999 or 999) | 99.9% | $1.92 | $59.70 |
| .958 | Britannia (.958 or 958) | 95.8% | $1.84 | $57.25 |
| .925 | Sterling (.925, 925 or STERLING) | 92.5% | $1.78 | $55.28 |
| .900 | Coin silver (older US coins) (.900 or 900) | 90.0% | $1.73 | $53.78 |
| .835 | Older European standard (.835 or 835) | 83.5% | $1.60 | $49.90 |
| .800 | Older European standard (.800 or 800) | 80.0% | $1.54 | $47.81 |
| .500 | Half silver (.500 or 500) | 50.0% | $0.96 | $29.88 |
For example, a gram of .999 fine silver is worth $1.92 and a gram of sterling .925 is worth $1.78. A gram of .800 silver, a standard you may find on continental European pieces, is worth $1.54, and a gram of .500 is worth $0.96.
Two cautions. First, the value shown is the value of the silver inside the piece, which is its melt value, not what any shop will pay. Second, the stamp on a piece tells you the claimed purity; it does not tell you the weight. You need both, and a kitchen scale that reads in grams is the right tool for the second.
If you have a specific item, the silver melt value calculator takes a weight and a purity and does the multiplication for you. As a worked case, 10 grams of sterling is worth $17.77 in silver content, and 100 grams of sterling is worth $177.72.
Why gram prices differ from site to site
If you check two sources you will rarely see the same gram price to the last decimal. That is normal, and it usually comes down to four things.
Rounding. One site may divide by 31.1 and another by 31.1035. The true figure for a troy ounce is slightly more precise than either, at about 31.1034768 grams. Cutting digits changes the answer in the third or fourth decimal place, which is invisible per gram but shows up on large weights.
The ounce definition. Some people divide by 28.35, the grams in an everyday ounce, because that is the ounce they know. That gives a gram price that is too low, since silver is priced by the heavier troy ounce. We cover the difference on the page about troy ounce vs. ounce.
Bid versus ask. The spot price is a market reference. A dealer quotes a price to buy from you and a higher one to sell to you; the gap between them is the dealer's spread. A gram price taken from a selling page is an ask, and one from a buying page is a bid. Neither is the spot price.
Currency and timing. A gram price in euros or pounds is the dollar price converted at an exchange rate, and the rate moves too. Different sites also refresh at different times, so one can be several minutes behind another.
When two numbers disagree, work out which of the four explains the gap before deciding either one is wrong.
When a gram price is useful
Grams are the natural unit for small, odd pieces: a chain, a ring, a spoon, a loose handful of scrap. Many bars and coins are labeled by ounces, but anything weighed on a metric scale arrives in grams, and the gram price saves you a conversion step.
It also helps you sanity-check a quote. If someone offers you a figure for a piece, divide it by the weight in grams. Compare the result with the gram value for that purity in the table. That tells you quickly whether the offer sits near the silver content or far from it, and nothing more.
If you are comparing sizes rather than weighing scrap, the silver price per kilo page scales the same arithmetic up by a factor of one thousand.
What this can't tell you
What this can't tell you: whether a gram price is a fair deal for something you are buying or selling, because spot is a reference for pure metal, not a price anyone must honor. It also says nothing about where silver goes next. Buyers who want to see how far above spot a real purchase lands can start from where to buy silver.
Frequently asked questions
How many grams are in one troy ounce of silver?
A troy ounce is 31.1035 grams, rounded. The exact figure is a little over 31.1034 grams. That is the number silver prices are built on, and it is heavier than the roughly 28.3495 grams in the ounce on a kitchen scale.
How do I work out the price per gram myself?
Take the current ounce price, $59.76 at the moment, and divide it by 31.1035. The result is the price of one gram of pure silver, $1.92. Repeat the sum whenever the ounce price changes, because the gram price has no separate market of its own.
Is the price per gram the same for jewelry and bullion?
The spot gram price covers pure silver only. A gram of sterling holds less silver, so its silver content is worth $1.78, not $1.92. Retail items also carry a maker's or dealer's premium, which is not part of the gram figure.
Why does another site show a different gram price?
Usually rounding, a different ounce definition, a bid or ask quote, a currency conversion, or a refresh a few minutes apart. Check which ounce and which price type the other site used before you treat the gap as an error.
Keep going
Check the gram figure against today's silver spot price whenever you plan to act on it, since stale numbers are the most common mistake. The pages below cover the neighboring questions.
Sources and further reading
Keep reading
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.