How Much Is 1 oz of Silver Worth Today?
In precious metals, 1 oz means 1 troy ounce = 31.1035 g—not the kitchen-scale (avoirdupois) ounce. The live strip below shows fine silver spot in GBP per troy oz and per gram, i.e. what the wholesale benchmark is doing today.
If you are selling 925 scrap (not fine bullion), map sterling weight to buyer £/g on scrap silver value—this page stays focused on troy units + live spot. Per gram: 1 g. Kilo: 1 kg. Concepts: valuation guide. Live chart hub: live silver price UK.
Live Silver Price Per Ounce Today (UK)
The figures below show the live silver price in GBP per troy ounce and per gram—updated from market data. That is the fine silver benchmark; jewellery and tableware are usually 925, and what you receive when you sell follows published scrap £/g after testing—see scrap silver value for the sterling line.
Live silver price (GBP)
Selling 925 scrap? Sterling maps to our published £/g on the scrap page (roughly one troy oz of sterling ≈ 31.1035 g × that rate). Get a valuation for your actual lot.
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Get Your Silver Valued Free
Send photos and details for a no-obligation offer. Sterling scrap maps to the £/g band above—we confirm after assay.
Troy Ounce vs Kitchen (Avoirdupois) Ounce
A troy ounce is the standard weight for precious metals: 1 troy oz = 31.1035 grams. The ounce on most kitchen scales is avoirdupois (28.3495 g). If you weigh silver on a kitchen scale reading “oz,” that number is not the same as a troy ounce on a bullion chart—always convert via grams (multiply troy oz by 31.1035) to avoid undervaluing or overvaluing.
Sterling (925) is 92.5% silver; buyers still price your item by tested sterling weight, then apply a published £/g. To translate troy ounces of 925 into seller terms, use grams (31.1035 g per troy oz) × the rate on scrap silver value. Per-gram shortcut: 1 g page.
From spot (above) to a firm offer on your items
The live box is fine silver spot. When you sell 925 or mixed lots, your quote comes from weighing, testing, and applying our published scrap band—see scrap silver value. We give a clear £ amount, not a vague “percentage of the internet chart.” Fine (999) can differ from 925. Free valuation locks in your lot.
Same-day payment
Visit us in Mayfair or Braintree by appointment and you can leave with same-day payment. We also offer insured post and home collection across the UK.
How to Get an Offer for Your Silver
Send photos and details (and weight in grams if possible—avoids troy vs kitchen confusion) via the form, WhatsApp, or email. We’ll give you a free, no-obligation offer. You can visit us in Mayfair or Braintree, post insured, or arrange home collection. Same-day payment when you come in.
Frequently Asked Questions
The live silver price per troy ounce is shown above (fine silver spot). For 925 scrap, use our published £/g on scrap silver value and multiply by your tested weight in grams—or request a free valuation.
1 troy ounce = 31.1035 grams. It’s the standard unit for pricing silver and gold. Sterling (925) is 92.5% silver, so 1 oz of sterling has about 28.8g of pure silver.
Sterling scrap is quoted from our published £/g after testing; one troy ounce of 925 weighs 31.1035 g, so you can approximate from the scrap page. Your exact offer is set after we weigh and assay your items.
Yes. The silver price per troy ounce and per gram in the box above is fetched from market data and updates automatically (about every 60 seconds). For a firm offer on your items, get a free valuation.
Send photos and details via our form, WhatsApp, or email for a free offer. Or visit us in Mayfair or Braintree by appointment for same-day valuation and payment.
No. A troy ounce is 31.1035 g (precious metals). A common avoirdupois ounce is 28.3495 g. For silver, professionals and spot charts use troy—convert via grams if you are unsure.
Ready to sell or need a firm £ figure?
Spot is above; your lot is quoted after test. Free valuation, same-day payment when you visit.