Silver price today live in dollars per troy ounce (XAG/USD): 24-hour change, 7- and 30-day chart, highs and lows, and what moves its price.
Último precio: 47.045 (-3.4 % en 24 horas), dato de 15 November at 03:00 UTC.
Unit: US dollars per troy ounce (31.1 grams).
Indicative market prices, not tradable quotes.
Silver is quoted in dollars per troy ounce (31.1035 grams). XAG/USD shows how many dollars an ounce of silver costs on the spot market.
Silver is both a precious and an industrial metal: more than half of demand comes from industry (solar panels, electronics, automotive). That is why it reacts to the same factors as gold (the dollar, interest rates, inflation) as well as to the economic cycle and industrial activity.
It is a smaller market than gold, so it tends to move more sharply in both directions. The gold/silver ratio (how many ounces of silver one ounce of gold buys) is a common benchmark for comparing the two metals.
Divide the troy ounce price by 31.1035. The result is the approximate price per gram in dollars, excluding taxes and dealer margins.
Because its market is much smaller and depends largely on industrial demand, which changes with the economic cycle. Daily moves of 2% or 3% are not unusual.
They tend to move in the same direction because they respond to the dollar and interest rates, but silver is more exposed to the industrial cycle. The gold/silver ratio shows how many ounces of silver equal one ounce of gold.
We show indicative market prices, updated live, for information purposes. Each broker or bureau de change applies its own spread, commissions and liquidity sources, so its trading quote may vary slightly. Before buying, selling or exchanging currencies, always check your provider's price.