How much is 1 oz of silver worth today?
What an ounce of silver is worth depends on its purity, the silver market on the day and, for finished pieces, the maker, age and condition. Silver items are valued individually rather than at a fixed rate, because many are worth more than their metal. A valuation from photographs is free.
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£36.74 per troy ounce (31.1 g) fine silver · £33.98 sterling (925)
Market metal value (spot), updated 13 November 2026 at 22:54 UK time. This is the wholesale metal value, not a buying rate.
The live UK silver price per ounce in pounds: today's spot price for a troy ounce of pure silver, what an ounce of sterling silver is worth at spot, and why a troy ounce differs from a kitchen ounce.
Sterling (925) at spot, per troy ounce …
These figures are the live spot price. Spot is the wholesale market price of pure silver and moves throughout the day. It is a useful benchmark rather than a buying price: offers for silver items vary between buyers and with the market, and antique pieces are valued on their own merits.
At today's spot price, one troy ounce (31.1g) of pure silver is the live market spot value shown above. An ounce of sterling holds 28.8g of pure silver, so it is 92.5% of that at spot. Spot is the market price of pure silver rather than the price paid for silver items, and antique pieces are valued on the piece itself.
Troy ounce or kitchen ounce?
Silver is priced in troy ounces. The ounce on kitchen scales is an avoirdupois ounce, which is about 10% lighter. If your scales say 10oz, that is about 9.1 troy ounces.
| Unit | In grams |
|---|---|
| 1 troy ounce (silver and gold) | 31.1035g |
| 1 kitchen (avoirdupois) ounce | 28.3495g |
| 1 kilo | 32.15 troy ounces |
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The simplest way to avoid mistakes is to weigh in grams. Then see what 1g of silver is worth.
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What an ounce of sterling is worth
Most British silver is sterling, marked 925, which is 92.5% pure. An ounce of sterling therefore holds about 28.8g of pure silver.
- At spot: see the live figure above per troy ounce.
- As an antique: often more than its weight. A named maker, an early date or good condition all count. See how silver is valued.
For an offer on your own silver, send us a photograph for a free valuation.
Why the price moves
Silver is traded worldwide in US dollars, so the UK price moves with both the silver market and the exchange rate between the pound and the dollar. The figures on this page update each time you load it. Spot is the benchmark for pure silver traded in bulk, and prices offered for silver items vary between buyers. For charts over time, see the live silver price.
The price of silver per ounce in the UK
The price of silver per ounce in the UK is quoted per troy ounce in pounds, and it moves through the day with the London market. The live figure at the top of this page is the fine silver spot price for one troy ounce, 31.1035 grams. Sterling silver is 92.5% pure, so an ounce of sterling is worth less than an ounce of fine silver, and antique pieces are valued on their maker, age and condition rather than on the spot price alone. Remember that kitchen scales weigh in avoirdupois ounces, about 10% lighter than a troy ounce, so weigh in grams if you can.
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Silver guides
Request a free silver valuation
Clear photographs are usually enough for an initial valuation. Please include:
- The whole piece, including the underside
- The hallmarks or stamps, close up
- Any dents, repairs or missing parts
Please do not polish your silver beforehand. Tarnish does not affect the valuation, and polishing can wear away fine detail. Caring for antique silver
- Send photographs Use this form or send them by WhatsApp.
- Receive your valuation A specialist identifies your silver and makes you an offer, within one working day.
- Sell if you wish Visit us by appointment, send it by Royal Mail Special Delivery or book a collection. Payment is by bank transfer the same day we receive it.
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More silver guides
- Silver price and valuation How silver is priced, and why your piece may be worth more than its weight.
- Scrap silver value How scrap silver is priced, and what counts as scrap.
- What is 1g of silver worth? Today's value of a gram of sterling and fine silver.
- What is 1kg of silver worth? A kilo of sterling and fine silver, worked out for you.
- Is it real silver? Simple checks at home, from magnets to hallmarks.
- Silver marks and numbers What 925, 800, 950 and EPNS stamps mean.
- Silver cutlery value What a canteen of silver cutlery is worth, piece by piece.
Thinking of selling? Find out how to sell your silver with a free valuation from photographs.
Questions
How much is 1 oz of silver worth in the UK today?
The live spot price per troy ounce is shown at the top of this page and updates each time you load it. It is the wholesale market price of pure silver, so it is a guide rather than the price paid for silver items.
How many grams are in an ounce of silver?
31.1035 grams. Silver is weighed in troy ounces, not the 28.35g ounces used in cooking.
How much do you pay per ounce for sterling silver?
We value each piece individually rather than by a fixed rate, because many pieces are worth more than their weight. Send us photos for a free, no-obligation valuation.
Is my kitchen scale ounce the same as a troy ounce?
No. A kitchen ounce is 28.35g and a troy ounce is 31.10g. Weigh in grams to avoid confusion.
How much pure silver is in an ounce of sterling?
About 28.8g, because sterling is 92.5% silver.
What is a troy ounce of silver?
A troy ounce is 31.1035 grams, the unit used for precious metals. It is heavier than the everyday avoirdupois ounce of 28.35 grams used on kitchen scales.
Why is the silver price per ounce different on other sites?
Sites update at different times, quote in different currencies, and some show the price a dealer sells at rather than the spot price. Check whether a figure is spot, buying or selling, and in pounds or dollars.
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