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* Live silver price

Silver price per gram today

Most silver jewelry is sterling (.925), not fine silver. Because silver is inexpensive per gram, scrap value is modest and a piece's resale price often reflects craftsmanship more than melt. Below is today's spot price by purity.

Published May 30, 2026

Today's silver spot price

Per troy ounce
$75.40
Per gram
$2.42
As of
May 30, 2026

Spot is the price of pure silver ($2.42/g). Jewelry is rarely pure, so its melt value is the spot price scaled by its purity — see the table below.

Silver value per purity (per gram, today)

Fine silver (.999)
$2.42/g
Sterling (925)
$2.24/g
Coin silver (900)
$2.18/g
800 silver
$1.94/g

Each figure is the pure-metal melt value: spot per gram × silver fraction. A scrap buyer pays roughly 85% of this after their margin.

What Fine silver (.999) is worth by weight

1 g
$2.42
5 g
$12.11
10 g
$24.22
1 troy oz
$75.32

Getting a real scrap value

  1. Confirm the purity from the hallmark — the stamp sets the multiplier.
  2. Weigh the piece in grams (a $10 jewelry scale is plenty accurate).
  3. Multiply: spot/g × purity × weight = pure melt value. Subtract ~15% for a realistic buy-back offer.
  4. Exclude gemstones and clasps that aren't silver from the weight.
  5. Not sure of the hallmark? Scan it in the Jewelry Identifier app to read the metal and purity from a photo.

Prices update daily from the global spot market. This is an estimate for guidance, not a certified appraisal or a locked quote.

* Frequently asked

FAQ

Q. How is silver jewelry priced per gram?
A. Take the spot price per gram ($2.42 today) and multiply by the purity. A buyer then deducts roughly 15% for refining and margin, so a cash offer lands below the pure-metal melt value.
Q. Is the price on this page live?
A. It reflects the global spot price as of May 30, 2026. Spot moves continuously during market hours; treat these as a close estimate, not a locked quote.
Q. Why is a buy-back offer lower than the melt value?
A. Refiners and pawn shops deduct assay, refining, and margin — commonly 15% or more. Stones and non-silver components are usually excluded from the weight too.

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