Ever wonder what your old silver coins are really worth right now? I asked myself that yesterday when I found a tarnished dime in my drawer. The price of silver today is a mix of global markets, demand, and a bit of speculation—and it’s always shifting. How Silver Prices Are Quoted Silver isn’t priced like a typical commodity (dozens, barrels, bushels). Instead: It’s quoted in troy ounces (1 troy oz ≈ 31.1035 grams). Usually denominated in U.S. dollars per troy ounce . You may also see it converted to grams or kilograms for certain markets. The “spot price” is the current market value for immediate (or near-term) delivery. Because it’s an active global market, prices fluctuate by the second. What’s the Current Price of Silver? As of now: One troy ounce of silver is about US $36.50 That works out to roughly US $1.18 per gram And in bulk, one kilogram of silver is trading near US $1,176 Be careful: dealer prices (for coins, bars, etc.) often include prem...