The short answer
The spot price of silver is the live wholesale price for one troy ounce of .999 fine silver, set by continuous trading on global exchanges. You can watch it move on our live spot price page, which streams the current bid and ask for silver, gold, platinum and palladium during market hours.
- Spot is a wholesale benchmark — it assumes a 1,000 oz bar delivered between institutions
- A troy ounce is 31.103 grams, about 10% heavier than a kitchen (avoirdupois) ounce
- Silver trades nearly around the clock on weekdays, so 'today's price' is a moving number

Describe this illustration: Rising long-term gold price chart on a monitor behind stacked gold coinsHide description: Rising long-term gold price chart on a monitor behind stacked gold coins
Gold's long-term price record is a measure of what paper currency does, not just what the metal does. The multi-decade chart behind these coins shows gold measured across decades rather than quarters — a steady response to the debasement of the dollar. Capstone Metals frames every long-term gold and silver price chart in that perspective, so the question becomes not whether gold rose, but what happened to the purchasing power it is measured against. Live spot prices, historical context and allocation guidance sit on one desk, so a buyer acts on perspective rather than a headline.


