Capstone Metals — gold and silver IRA dealer
Speak with a specialist: (800) 200-9553Monday – Friday, 7am – 4pm Pacific

Spot prices

How much is an ounce of silver today?

One troy ounce of silver trades at the live spot price — shown below, straight from the market feed and stamped with the time it was read. The price you actually pay for a coin or bar is that spot price plus a premium, and understanding the difference is worth more than the quote itself.

Monday – Friday, 7am – 4pm Pacific

Live spot per troy ounce

Reading the feed…

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  • Licensed and insured since 2014
  • Fiduciary advisory — licensed since 1970
  • Preferred Trust & GoldStar custodians
  • No card payments, no pressure, no commissions-first pitch

Quoted in

US$ per troy ounce

Troy ounce

31.103 grams

Updates

Live, market hours

You pay

Spot + premium

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
Rising long-term gold price chart on a monitor behind stacked gold coins
Gold's long record in one frame: a rising multi-decade price chart behind the metal — measured in decades, not quarters.
Describe this illustration: 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.

Why you never pay exactly spot

Nobody retails a finished coin at the wholesale benchmark, because turning a 1,000 oz bar into a minted American Silver Eagle costs money. The gap between spot and the retail price is the premium, and it covers minting, distribution, the dealer's margin and — in tight markets — simple scarcity.

  • Government coins (Silver Eagles, Maple Leafs) carry the highest premiums — often several dollars per ounce
  • Private-mint rounds and 10 oz / 100 oz bars usually cost less per ounce than sovereign coins
  • Premiums widen when physical demand outruns mint capacity, even if spot is flat
  • A dealer quoting you 'at spot' for coins is either losing money or not telling you something

What moves the silver price

Silver is two markets in one metal. Roughly half of annual demand is industrial — solar panels, electronics, medical applications — and half is monetary and investment demand. That dual nature is why silver swings harder than gold in both directions.

  • Industrial demand ties silver to the manufacturing cycle
  • Investment demand ties it to interest rates, the dollar and inflation expectations
  • Mine supply is mostly a by-product of copper, lead, zinc and gold mining, so supply responds slowly to price

Silver weight of common coins and bars

Most people asking what an ounce of silver is worth are really holding something that is not one ounce. Melt value is always the actual silver weight multiplied by the live spot price, so the weight below is the number that matters. These are the standard actual silver weights (ASW) in troy ounces for US coinage and common bullion sizes.

  • American Silver Eagle: 1.000 oz of .999 silver
  • Morgan or Peace silver dollar (1878–1935): 0.7734 oz
  • 90% silver half dollar (1964 and earlier): 0.36169 oz
  • 40% silver Kennedy half (1965–1970): 0.1479 oz
  • 90% silver quarter (1964 and earlier): 0.18084 oz
  • 90% silver dime (1964 and earlier): 0.07234 oz
  • Wartime 35% silver nickel (1942–1945): 0.05626 oz
  • $1 face value of 90% 'junk silver' dimes, quarters or halves: about 0.715 oz
  • 100 gram bar: 3.2151 oz · 1 kilogram bar: 32.151 oz · 100 oz bar: 100 oz

Spot price vs. what your silver is worth

If you already own silver, the spot price is the starting point for its value, not the finish. Recognized bullion coins sell near spot plus a premium; graded and collectible coins can sell far above it; and damaged or obscure pieces may sell below. Our State of Physical Metals page publishes the actual sold-comp evidence we collect across marketplaces, updated several times a day, so you can see what real buyers are paying — not just the ticker.

The honest way to use the number

Check spot to know the weather, not to time a trade. Investors who do well in physical metal typically buy a deliberate allocation at a fair premium and hold it through cycles, rather than chasing the daily quote.

Rather just ask someone?

A specialist can answer this in two minutes. Monday – Friday, 7am – 4pm Pacific.

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Leave your name and number. A Capstone specialist will answer your questions during business hours.

Most gold and silver firms can only talk to you about gold and silver. We have licensed advisors on staff, so the same conversation can cover your retirement accounts, your market holdings, insurance and estate structure alongside a completely private metals purchase — one fiduciary review of everything you own, not a sales call about one product.

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Licensed and insuredFiduciary advisory since 1970Independent IRA custodiansPrices quoted, never card-charged

Common questions

How much is one ounce of silver worth right now?
The live answer changes every few seconds during market hours — our spot price page streams the current bid for silver alongside gold, platinum and palladium. The retail price of a finished coin or bar is that spot price plus the product's premium.
Watch the live silver spot price
Why is a silver coin more expensive than the spot price?
Spot is the wholesale price for raw, thousand-ounce bars between institutions. Minting, assaying, shipping, insuring and retailing a finished coin all add cost, and the mint's own charge for a sovereign coin like the American Silver Eagle is built in. The total difference is called the premium.
See published premiums on silver coins and bars
Is a troy ounce different from a regular ounce?
Yes. Precious metals are weighed in troy ounces of 31.103 grams, while a standard (avoirdupois) ounce is 28.35 grams. All quoted metal prices are per troy ounce.
How much is a 0.7734 oz silver dollar worth today?
A Morgan or Peace silver dollar contains 0.7734 troy ounces of silver, so its melt value is the live spot price multiplied by 0.7734. A dated, well-preserved or graded example can be worth considerably more than melt on the collector market, which is priced on sold comparables rather than weight.
Check the live silver spot price
How do I work out the melt value of 90% silver coins?
Multiply the coin's actual silver weight by the live spot price: 0.36169 oz for a pre-1965 half dollar, 0.18084 oz for a quarter and 0.07234 oz for a dime. One dollar of face value in mixed 90% dimes, quarters or halves holds roughly 0.715 oz of silver.
Get a quoted bid on 90% silver
How much is a kilo of silver worth compared to ounces?
One kilogram is 32.15 troy ounces, so a kilo bar's melt value is simply the live spot price multiplied by 32.15. Kilo bars usually carry a lower premium per ounce than one-ounce coins, which is why bulk buyers favor them.
Compare silver bar premiums per ounce
What is the silver spot price vs. the bid and ask?
The bid is what buyers are paying, the ask is what sellers want, and 'spot' is typically quoted between them. Retail prices are built off the ask side, which is one more reason finished coins always price above the headline number.
How precious metals pricing actually works
Why does the price of silver change so fast?
Silver trades nearly around the clock on global exchanges and roughly half its demand is industrial, so it reacts to manufacturing data, interest rates and the dollar at once. That dual nature is why it swings harder than gold in both directions.
Study the long-term silver price history
Will dealers buy my silver at the spot price?
Recognized bullion typically sells back to dealers near spot — sometimes slightly under for bars, sometimes over for in-demand sovereign coins. Collectible or graded coins are priced on their own market evidence, which can be well above melt.
Get a quoted bid for your silver
Is now a good time to buy silver?
We don't make price predictions, and you should be wary of anyone who does. The more useful questions are whether a metals allocation fits your plan, what percentage is sensible, and whether the premium you pay is fair — all of which we will walk through with you by phone.
Decide what allocation fits your plan

See the live price, then talk it through

Watch the live spot price, then call a specialist for a straight answer on premiums and allocation. No pressure, ever.

Licensed and insuredFiduciary advisory since 1970Independent IRA custodiansPrices quoted, never card-charged
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