DigestYourFinances

Silver · Spot · XAG / USD

Live data by APIVerve

Silver Price

per troy ounce
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Last 24 hours

per troy ounce
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Silver is two markets in one — a precious metal investors hold alongside gold, and an industrial metal used in solar panels, electronics, and medicine. That dual demand makes its live spot price, shown here per troy ounce, livelier than gold’s.

What moves the silver price?

Silver responds to the same forces as gold — interest rates, the dollar, and inflation expectations — but adds a big industrial swing factor. When manufacturing and clean-energy demand is strong, silver can outrun gold; when growth slows, it often falls harder. That’s why silver is known as a higher-beta, more volatile cousin of gold.

The gold-to-silver ratio

Investors watch how many ounces of silver it takes to buy one ounce of gold. A high ratio is often read as silver being cheap relative to gold; a low ratio, the reverse. It’s a quick gauge of relative value between the two metals rather than a precise trading signal.

Frequently asked questions

How often does the silver price update?
Continuously through the day. The chart shows the last 24 hours of datapoints so you can see the intraday move.
What unit is the silver price shown in?
By default, U.S. dollars per troy ounce. Use the toggle to switch between ounce, gram, and kilogram.
Where does this silver price data come from?
The data is served by the APIVerve Silver Price API. If you build apps or tools and want the same live data as a simple JSON endpoint, it’s available directly from APIVerve.
Why is silver more volatile than gold?
Because roughly half of silver demand is industrial. Swings in manufacturing and clean-energy demand add to the monetary forces that move gold, so silver tends to make bigger moves in both directions.