The silver price per ounce in the USA is currently around $64.37–$64.62 per troy ounce, based on the latest Kitco spot-market quote available for September 13, 2026. The bid was $64.37 and the ask was $64.62.
Silver prices change throughout global trading, so the exact value can move during the day. The price of physical silver coins, bars, and rounds can also be higher than the spot price because dealers add premiums and other costs.
Price checked: September 15, 2026. Latest displayed Kitco quote: September 13, 2026.
Quick Answer: What Is the Silver Price Per Ounce?
The latest reference quote is approximately:
Silver spot price: $64.37–$64.62 per troy ounce
For simple calculations, using the $64.37 bid price gives:
| Silver Weight | Approximate Spot Value |
|---|---|
| 1 gram | $2.07 |
| 5 grams | $10.35 |
| 10 grams | $20.69 |
| 20 grams | $41.45 |
| 50 grams | $103.75 |
| 100 grams | $206.94 |
| 500 grams | $1,034.68 |
| 1 kilogram | $2,067.91 |
| 1 troy ounce | $64.37 |
These are calculated spot values, not guaranteed retail prices for physical silver.
What Is the Silver Price Today in the USA?
Silver is traded internationally and quoted in U.S. dollars per troy ounce.
Kitco’s latest displayed market quote showed:
- Bid: $64.37
- Ask: $64.62
- Daily change: +$0.92
- Daily change: +1.45%
- Daily high: $65.41
- Daily low: $62.91
The quote was marked as the latest available before the market closed.
Recent trading has been volatile. Reuters reported that silver reached $64.54 per ounce on September 11, up 1.6% that day but still down 2.6% for the week.
Silver Price Per Gram in the USA
One troy ounce contains approximately 31.1035 grams.
Using the $64.37 spot bid:
$64.37 ÷ 31.1035 = approximately $2.07 per gram
That gives these approximate values:
| Silver Weight | Spot Value at $64.37/oz |
|---|---|
| 1 gram | $2.07 |
| 2 grams | $4.14 |
| 5 grams | $10.35 |
| 10 grams | $20.69 |
| 20 grams | $41.45 |
| 50 grams | $103.47 |
| 100 grams | $206.94 |
| 250 grams | $517.35 |
| 500 grams | $1,034.68 |
| 1 kilogram | $2,069.36 |
Small differences can occur because of rounding.
How Many Grams Are in an Ounce of Silver?
For precious metals, the relevant ounce is the troy ounce.
One troy ounce equals approximately:
31.1034768 grams
It is not the same as the ordinary avoirdupois ounce used for many everyday products.
This distinction matters when calculating the value of silver.
For example:
1 troy oz = 31.1035 grams
and:
1 kilogram = 32.1507 troy ounces
Silver Price Per Kilogram
A kilogram of silver contains approximately 32.1507 troy ounces.
At the $64.37 reference price:
$64.37 × 32.1507 ≈ $2,069
Therefore, the spot value of one kilogram of pure silver is approximately $2,069 at this reference price.
The actual price of a physical 1 kg silver bar can be higher because of the dealer’s premium.
Silver Price Per 100 Grams
At a silver spot price of $64.37 per troy ounce:
100 grams ≈ $206.94
This is the theoretical spot value of the silver content.
A physical 100-gram bar can sell above this amount because the seller may include manufacturing, refining, packaging, shipping, and dealer costs.
Silver Price Per 10 Ounces
A 10-troy-ounce quantity of silver has a theoretical spot value of approximately:
10 × $64.37 = $643.70
A physical 10-ounce silver bar may cost more than $643.70.
When comparing products, look at the difference between the dealer’s selling price and the current spot price.
Silver Spot Price vs Physical Silver Price
The spot price is a market benchmark.
It does not necessarily represent the final price you pay for a physical silver coin or bar.
Physical silver can include a premium for:
- Refining
- Minting
- Manufacturing
- Packaging
- Dealer inventory
- Distribution
- Shipping
- Payment processing
- Dealer margin
For this reason:
Physical silver price = spot value + premium + applicable costs
The premium can also differ significantly between products.
Silver Coins vs Silver Bars
Silver coins and bars can contain the same amount of silver but sell for different prices.
Silver Bars
Bars are commonly available in sizes such as:
- 1 ounce
- 5 ounces
- 10 ounces
- 1 kilogram
- 100 ounces
Larger bars can sometimes have lower premiums per ounce because manufacturing and distribution costs are spread across more metal.
Silver Coins
Popular silver coins can carry higher premiums because of:
- Minting
- Design
- Government-mint recognition
- Packaging
- Dealer demand
- Collectibility
Therefore, the lowest spot premium is not always found in a one-ounce coin.
What Is 999 Silver?
999 silver means the metal is approximately 99.9% silver.
It is commonly described as fine silver.
At the $64.37 spot reference, the theoretical silver-content value of one troy ounce of .999 silver is approximately:
$64.31
That is calculated by multiplying $64.37 by 0.999.
The actual retail price of a .999 silver product can still be higher.
What Is Sterling Silver Worth?
Sterling silver is typically 92.5% silver.
It is commonly marked:
925
because the alloy contains approximately 92.5% silver.
Using the $64.37 spot reference:
$64.37 × 0.925 = approximately $59.54
So the theoretical silver-metal value of one troy ounce of 925 silver is around $59.54.
However, jewelry pricing does not work like bullion pricing.
A sterling silver ring, necklace, or bracelet can sell for considerably more because the price may include design, labor, gemstones, branding, and retail markup.
Silver Price by Purity
Silver products can have different levels of purity.
| Purity | Approx. Silver Content | Metal Value per Troy Ounce* |
|---|---|---|
| 999.9 | 99.99% | $64.36 |
| 999 | 99.9% | $64.31 |
| 958 | 95.8% | $61.65 |
| 925 | 92.5% | $59.54 |
| 900 | 90% | $57.93 |
| 800 | 80% | $51.50 |
*Calculated from the $64.37 spot reference and before premiums or other costs.
For investment bullion, always check the product’s stated weight and purity.
Silver Price History in the USA
Silver has historically been a volatile precious metal.
Its price has moved through large cycles because silver has both investment demand and industrial demand.
Recent 2026 trading demonstrates this volatility. Kitco reported silver near $66.08 per ounce on September 9, while Reuters reported it at $64.54 on September 11.
Earlier in the year, silver was trading at significantly different levels. For example, Kitco reported spot silver near $57.68 on July 15.
This is why historical prices should always be accompanied by a date.
Why Does the Silver Price Change?
Several factors can influence silver prices.
Important drivers include:
- U.S. dollar strength
- Interest-rate expectations
- Treasury yields
- Inflation expectations
- Industrial demand
- Investment demand
- Mine production
- Recycling
- Government policies
- Global economic conditions
- Geopolitical events
Recent market movements illustrate the importance of monetary policy. Reuters reported that stronger U.S. inflation data and rising oil prices increased expectations for a Federal Reserve rate hike, putting pressure on precious metals. Silver fell 4.6% on September 10 to $64.19 per ounce.
The following day, silver rebounded 1.6% to $64.54.
Silver as an Industrial Metal
Silver is not used only for investment.
It has important industrial applications, which means changes in manufacturing demand can affect the market.
Silver is used in areas such as:
- Electronics
- Electrical components
- Solar technology
- Industrial equipment
- Medical applications
- Automotive components
This industrial component makes silver somewhat different from gold, whose demand structure is more heavily associated with investment and jewelry.
Silver vs Gold Price
Gold and silver are both precious metals, but their prices are very different.
At the latest reference levels used in this article:
Gold: around $4,300+ per troy ounce
Silver: around $64 per troy ounce
Reuters reported spot gold at $4,312.59 on September 14, while silver was down 1.2% that day.
The difference in price per ounce does not mean gold is automatically a better or worse investment.
The two markets have different supply, demand, volatility, industrial uses, and investment characteristics.
Silver vs Platinum Price
Platinum is also significantly more expensive per ounce than silver at the September 2026 reference prices.
Kitco’s latest displayed quote showed:
- Silver: $64.37 bid
- Platinum: $1,792 bid
Platinum’s industrial demand and much smaller physical market contribute to a very different pricing structure.
How to Calculate the Value of Silver
The basic calculation is straightforward:
Silver value = weight in troy ounces × current silver spot price × purity
For example, suppose you have 10 troy ounces of .999 silver and use the $64.37 reference price:
10 × $64.37 × 0.999 = approximately $642.06
That is the estimated metal value before dealer premiums.
For grams:
Silver value = grams ÷ 31.1034768 × spot price × purity
Silver Price Calculator Examples
Using the $64.37 reference price:
| Silver Amount | .999 Silver Approx. Metal Value |
|---|---|
| 1 gram | $2.07 |
| 5 grams | $10.34 |
| 10 grams | $20.67 |
| 20 grams | $41.41 |
| 50 grams | $103.37 |
| 100 grams | $206.73 |
| 250 grams | $516.83 |
| 500 grams | $1,033.66 |
| 1 kg | $2,067.29 |
| 1 troy oz | $64.31 |
These figures are calculated values and should not be treated as guaranteed dealer buyback or retail prices.
What Is the Silver Bid and Ask Price?
The bid and ask show two sides of the market.
The bid represents the price associated with the market’s buying side, while the ask represents the selling side.
Kitco’s latest displayed quote showed:
Bid: $64.37
Ask: $64.62
That creates a displayed spread of $0.25 per ounce.
Retail dealers can have additional spreads when selling physical silver.
This is one reason the price shown on a financial market page may not match the amount charged by a coin shop.
How Much Does a 1 Oz Silver Coin Cost?
A one-ounce silver coin can cost more than the current silver spot price.
For example, if spot silver is $64.37 per ounce, a physical one-ounce coin may have:
$64.37 spot value + dealer premium
The premium depends on the coin, mint, availability, market demand, and dealer.
When comparing one-ounce products, do not look only at the total selling price. Calculate the premium over spot.
How Much Does a 1 Kg Silver Bar Cost?
A 1 kg silver bar contains approximately 32.1507 troy ounces.
At $64.37 per ounce, its spot value is approximately:
$2,069
A physical bar can cost more than this because of the dealer premium and other costs.
Large bars can be attractive to buyers who want a lot of silver in one product, but they may be less flexible to sell in small portions than smaller bars or coins.
Is Silver a Good Investment?
Silver can be part of a diversified investment strategy, but it is not risk-free.
Its price can move sharply, and physical silver introduces additional considerations such as:
- Dealer premiums
- Storage
- Insurance
- Selling spreads
- Shipping
- Taxes
- Liquidity
Silver also has substantial industrial demand, which can create different price behavior from gold.
Past performance does not guarantee future results.
What to Check Before Buying Physical Silver
Before buying silver in the USA, compare:
1. Spot Price
Know the current market price before looking at dealer premiums.
2. Purity
For bullion, check whether the product is .999 or another stated fineness.
3. Weight
Confirm whether the product is measured in troy ounces, grams, or kilograms.
4. Premium
Calculate how much the dealer is charging above spot.
5. Buyback Price
A low purchase premium is useful, but the dealer’s future buyback price also matters.
6. Dealer Reputation
Use an established dealer and verify product details before making a large purchase.
7. Shipping and Insurance
A low advertised price can become more expensive after shipping and insurance.
8. Storage
Silver takes up considerably more physical space than gold for the same dollar value, so storage should be considered before buying larger quantities.
Silver Price Per Ounce USA FAQs
What is the silver price per ounce in the USA?
The latest displayed Kitco spot quote used in this guide was approximately $64.37 bid and $64.62 ask per troy ounce.
How much is silver per gram?
At a $64.37 per-troy-ounce spot price, silver is approximately $2.07 per gram.
How much is 1 kg of silver worth?
At the same reference price, one kilogram of .999 silver has a spot value of approximately $2,067–$2,069, depending on the exact spot price and rounding.
How many grams are in an ounce of silver?
One troy ounce contains approximately 31.1035 grams.
Is silver priced by a regular ounce?
No. Precious metals are normally priced using the troy ounce, not the ordinary household ounce.
What is 999 silver worth?
At the $64.37 reference price, one troy ounce of .999 silver has an approximate metal value of $64.31 before premiums.
What is sterling silver worth?
Sterling silver is generally 92.5% silver. At a $64.37 spot price, the theoretical silver content of one troy ounce is approximately $59.54 before workmanship and other costs.
Why does physical silver cost more than the spot price?
Physical silver can include dealer premiums, refining, minting, packaging, distribution, shipping, and other costs.
Does silver price change every day?
Yes. Silver trades in global markets and its price can change during market hours. Recent September 2026 trading shows how quickly the price can move.
Final Silver Price Guide
The silver price per ounce in the USA is around $64 per troy ounce based on the latest September 2026 market quotations, with Kitco showing $64.37 bid and $64.62 ask in its latest displayed quote.
At approximately $64.37 per ounce, the metal is worth about $2.07 per gram and roughly $2,069 per kilogram at spot.
When buying physical silver, remember that the spot price is only the starting point. Coins, rounds, and bars can sell above spot because of dealer premiums and other costs.
Price checked: September 15, 2026. Market prices are volatile and can change throughout global trading sessions.