Silver Price Per Gram Today
As of October 5, 2026, the silver price is $1.96 per gram, up 0.97% over the past 24 hours. That converts from a spot price of $60.98 per troy ounce, the benchmark unit silver is quoted in on global exchanges.
Live silver spot price converted to grams. One troy ounce equals 31.1035 grams, giving you the real-time per-gram price in USD.
US dollars per gram
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$1.94 to $1.96Est. dealer bid/ask
$1.92 / $1.98All-Time High
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Silver value by weight
- 1 troy ounce is 31.1035 grams.
- Price per gram = price per troy ounce ÷ 31.1035.
- At the latest spot price of $60.98 per troy ounce, that's $1.96 per gram.
| Size | Weight | Silver value |
|---|---|---|
| 1 gram | 0.03215 troy oz | $1.96 |
| 10 grams | 0.3215 troy oz | $19.61 |
| 100 grams | 3.215 troy oz | $196.05 |
| 250 grams | 8.038 troy oz | $490.13 |
| 500 grams | 16.08 troy oz | $980.26 |
| 1,000 grams | 32.15 troy oz | $1,961 |
Gold & Silver Melt Value Calculator
Calculate scrap gold and silver jewelry values using live spot prices
Input
Troy ounce (oz t) = 31.1035g
Karat = gold purity (24K = 99.9%)
Melt Value
Total Melt Value
$1.96
1 Gram of 99.9% silver
Weight
0.0322
troy oz
Purity
.999
99.9%
Pure Metal
0.0321
troy oz
Spot Price
$60.98
per oz t
Silver Purity Values: Sterling to Fine1 g
| Fineness | Standard | Melt value |
|---|---|---|
| Fine Silver | $1.96 | |
| Sterling Silver | $1.81 | |
| Britannia Silver | $1.88 | |
| Mexican Silver | $1.86 | |
| 90% Coin Silver | $1.76 | |
| 40% Half Dollars | $0.78 | |
| 35% War Nickels | $0.69 |
Data Methodology
Where does this price data come from?
How is the silver spot price determined?
How is the unit conversion calculated?
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How Is the Silver Price Per Gram Calculated?
The silver price per gram is derived from the international spot price (quoted in USD per troy ounce) by dividing by 31.1035. Per-gram pricing is the standard at jewelry counters, small bullion dealers, and across metric-system countries where silver is sold in 1g, 5g, 10g, 50g, and 100g increments.
Gram-denominated silver products are accessible entry points for new precious metals investors. Small silver bars in weights of 1 gram to 10 grams allow buyers to start building a position without committing to the higher cost of full troy ounce coins or bars.
Refiners such as PAMP Suisse, Valcambi, and Heraeus produce gram-weight silver bars with assay certificates, ensuring authenticity and facilitating resale through established dealer networks worldwide.
Silver priced by the gram is also essential for the jewelry and silverware industries. Jewelers calculate material costs based on the per-gram rate, adding fabrication charges and design premiums to arrive at retail pricing. Scrap buyers assess pieces by weight in grams and apply the current melt value, discounting for sterling silver content of 92.5% purity compared to the .999 fine standard used for bullion.
Smaller gram bars carry higher premiums per unit of silver than larger formats like troy ounce coins or kilo bars. Manufacturing, packaging, and assay costs are spread across less metal. For cost-conscious buyers, 100-gram bars offer a practical middle ground between affordability and reasonable premiums.
Data provided by MetalCharts, a free precious metals tracking platform offering real-time prices, interactive charts, historical data, and portfolio tools for gold, silver, platinum, palladium, and copper. Prices sourced from major global exchanges including COMEX, LBMA, and LME, updated continuously during market hours.
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