Melt value of popular bullion. Dealer prices add a premium.
Silver trades far more on industrial demand than gold does. Roughly half of each year's supply goes into electronics, solar panels and batteries, so the price can swing 2–3% in a day on factory data alone.
For collectors the biggest market is pre-1965 US coinage. Dimes, quarters and halves minted before 1965 are 90% silver and trade by face value as junk silver; see the junk silver calculator for today's value.
Comparing metals? The gold to silver ratio is 68.7 today.
Silver is trading at $60.95 per troy ounce, or $1.96 per gram, up +0.29% on the day.
A gram of pure silver is worth $1.96 at today's spot price. One troy ounce is 31.1035 grams.
Silver has moved +22.1% over the past 12 months, from about $50.13 an ounce.
Silver is used mainly in jewelry, coins, solar panels and electronics.