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XAG · precious metal

Silver Price Today

Silver spot and reference prices in US dollars per troy ounce, with per-gram and per-kilo conversions, history back to 1960 and analysis tools.

$56.71per troy ounce−5.03 (−8.14%)

Live spotSingle sourceStatus

Live indicative spot. Live spot; observed Oct 15, 2026, 13:08 UTC; one reporting source.

51.5% below the record $116.92 of Jan 29, 2026 · higher than 98% of month-end prices since 1960

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Gold/silver ratio

73.13

Higher than 76% of month-end readings since 1960 (76th percentile); long-run median 56.76.

Ounces of silver that one ounce of gold buys. A high ratio means silver is cheap relative to gold.

Ratio chart since 1960

Per unit (USD)

Per gram by purity (USD)

  • Fine silver (999)$1.82
  • Britannia (958)$1.75
  • Sterling (925)$1.69
  • Coin silver (900)$1.64
  • 800 silver (800)$1.46

Per troy ounce in other currencies

Daily reference rate (ECB). Indicative rates, not tradable quotes.

Silver chart

+7.71% since Oct 15, 2025
Oct 15, 2025 → Oct 15, 2026High 116.92Low 46.80
Loading…

Daily observations from 2006-01-01; monthly averages before that.355 observations, simplified for display.History from Jan 1, 1960.

Key statistics

Previous close

$61.74

before Oct 15, 2026

52-week range

$46.80 – $116.92

Year to date

−21.54%

from $72.28 on Dec 31, 2025

1-year change

+7.71%

from $52.65

All-time high

$116.92

Jan 29, 2026 · −51.50% below

All-time low

$0.90

Jan 1, 1960

5-year change

+144.03%

+19.53% per year

10-year change

+224.63%

+12.49% per year

1-year volatility

42.7%

annualised, from observed returns

Worst drawdown

−90.75%

Jan 1, 1980 → Mar 1, 1993, recovered Apr 6, 2011

Historical percentile

98th

higher than 98% of month-end values since 1960

Best / worst year

1979 +281.36% / 1981 −49.09%

calendar years, close to close

Performance

PeriodFromStartChangeReturnAnnualised
1 dayOct 15, 202661.74−5.03−8.14%—
1 weekOct 5, 202661.74−5.03−8.14%—
1 monthSep 15, 202663.49−6.78−10.68%—
3 monthsJul 15, 202658.24−1.53−2.63%—
6 monthsApr 15, 202679.52−22.80−28.68%—
Year to dateDec 31, 202572.28−15.57−21.54%—
1 yearOct 15, 202552.65+4.06+7.71%—
3 yearsOct 15, 202322.75+33.96+149.23%+35.55% /yr
5 yearsOct 15, 202123.24+33.47+144.03%+19.53% /yr
10 yearsOct 14, 201617.47+39.24+224.63%+12.49% /yr
20 yearsOct 15, 200611.87+44.85+377.98%+8.14% /yr
All historyJan 1, 19600.90+55.81+6,201.33%+6.40% /yr

Calendar years

YearStartEndReturn
2026YTD72.2856.71−21.54%
202529.1972.28+147.60%
202423.9429.19+21.94%
202324.1523.94−0.87%
202223.0924.15+4.62%
202126.4923.09−12.84%
202018.0526.49+46.77%
201915.4718.05+16.68%
201816.8715.47−8.30%
201716.2416.87+3.85%
201613.8216.24+17.51%
201515.9713.82−13.46%
201419.5015.97−18.10%
201329.9519.50−34.89%
201228.1829.95+6.28%

Full history and every year →

Where this data comes from

SourceData typeCoverage
Gold-API.comlicensedSilver spot (Gold-API.com, USD per troy ounce)Live spotintradayJan 1, 2006 – Oct 15, 20266,577 observations
World Bank Commodity Price Data (The Pink Sheet)openSilver, monthly average (World Bank Pink Sheet)Monthly referencemonthlyJan 1, 1960 – Sep 1, 2026800 observations
fawazahmed0 exchange-api (daily CC0 snapshot)cross-check onlySilver daily snapshot (fawazahmed0 exchange-api) — cross-check onlyDaily referencedailyMar 2, 2024 – Oct 15, 202669 observations

Price history is stored as published for reproducibility. The current quote is refreshed every 15 seconds from the live feed and labelled with its sources and observation time.

Current quote

  • Type: Live spot
  • Consensus: Single source from one source
  • Primary source: Gold-API.com
  • Observed: Oct 15, 2026

History

From Jan 1, 1960. 552 monthly, 6,584 daily points.

Attribution

  • Source: World Bank Commodity Price Data (The Pink Sheet), CC BY 4.0
  • Rates: fawazahmed0/exchange-api (CC0)

Methodology · All sources & licences · Live status

About the silver price

Silver is quoted in US dollars per troy ounce. It is both a precious and an industrial metal: roughly half of annual demand comes from industry, notably solar panels, electronics and electrical contacts, which makes it more cyclical and more volatile than gold.

Sterling silver is 92.5% silver (hallmark 925); investment bars and coins are 999 fine. The gold/silver ratio — how many ounces of silver buy one ounce of gold — is a widely followed relative-value gauge.

What moves the silver price

Silver follows gold's macro drivers — real yields, the dollar and safe-haven demand — but with a higher beta, so it usually rises and falls faster. Industrial demand ties it to manufacturing cycles and the pace of solar installations, while a large part of supply is a by-product of copper, lead and zinc mining and responds slowly to price.

Because the market is smaller than gold's, investment flows into and out of ETFs and coins can move the price sharply, and silver has historically recorded larger drawdowns and larger rallies than gold.

How to read the numbers on this page

Silver's history on MarketsGrid runs monthly from 1960 (London fix averages, then spot averages) and daily where a daily source is configured. Volatility and drawdown figures are computed from those stored observations, not estimated.

Frequently asked

What is the gold/silver ratio and why does it matter?
It is the gold price divided by the silver price. A high ratio means silver is cheap relative to gold by historical standards; some investors use extremes to switch between the two metals. See the dedicated ratio page for its full history since 1960.
Why is silver more volatile than gold?
Its market is far smaller, and around half of demand is industrial, so it reacts to both investment flows and the manufacturing cycle.

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