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Prices derived from COMEX futures + USD/INR exchange rates. See Our Formula โ†’

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Silver Spot Price Today - February 1, 2026

Live COMEX silver price today per ounce โ€ข Updated every 30 seconds โ€ข Also in grams & kilograms

โœจ Calculated, Not Copiedโ€ขDirect from COMEX futures
LIVE
๐Ÿฅˆ

Silver Spot Price

COMEX โ€ข XAG/USD

COMEX Live
$98.50/oz

per troy ounce (31.1g)

Per Gram

$3.167

Per Kilogram

$3,166.85

Gold/Silver Ratio

51.5

Gold Price

$5,067.50

24h Range
Low: $97.02
High: $99.98
Real COMEX Data30-Second UpdatesFormula TransparentMulti-Currency

Calculated, Not Copied. We derive prices directly from COMEX futures + live exchange rates. No guesswork. No delays. Just math.

๐Ÿ“Š Silver Price by Weight (USD)

๐Ÿ“ŠSilver Price by Weight (USD)

Live

COMEX spot price โ€ข Last updated 4:26:40 PM

WeightGramsPrice (USD)
1 Troy OunceUS Standard31.10g$98.50
1 Gram1.0000g$3.167
10 Grams10.00g$31.67
100 Grams100.00g$316.70
1 Kilogram1000.00g$3,166.85
1 Pound (avdp)453.59g$1,436.53

Note: 1 Troy Ounce = 31.1035 grams (precious metals standard). 1 Avoirdupois Pound = 453.592 grams.

๐Ÿ’ฑ Currency Converter

Silver spot price: $3.167 per gram

Value in Different Currencies(hover for calculation)

USDSPOT

$3.17

COMEX base price

๐Ÿ‡บ๐Ÿ‡ธ US Dollar (Spot)

Base COMEX price - no additional fees

1 gram ร— $3.167

= $3.17

INRMARKET

โ‚น362.89

Spot: โ‚น291.17

๐Ÿ‡ฎ๐Ÿ‡ณ Indian Rupee

Shows actual Indian market price

Spot: $3.17 ร— โ‚น91.94

= โ‚น291.17 (raw)

+ Import Duty: 10%

+ GST: 3%

+ MCX Premium: 10%

= โ‚น362.89

EURSPOT

โ‚ฌ2.66

Rate: 0.8390

๐Ÿ‡ช๐Ÿ‡บ Euro (Spot)

Direct conversion from USD

$3.17 ร— โ‚ฌ0.8390

= โ‚ฌ2.66

Note: EU may have VAT (~20%) on physical silver

GBPSPOT

ยฃ2.30

Rate: 0.7267

๐Ÿ‡ฌ๐Ÿ‡ง British Pound (Spot)

Direct conversion from USD

$3.17 ร— ยฃ0.7267

= ยฃ2.30

Note: UK has 20% VAT on silver (not applied here)

SPOT= Raw market price (no taxes/duties)
MARKET= Includes local duties/taxes

๐Ÿ’ก Spot price = Current raw market price for immediate delivery (COMEX). Local markets add import duties, GST/VAT, and dealer premiums.

โฌ‡ Jump to Section

๐Ÿ“Š Price Table๐Ÿ’ฑ Converter๐Ÿ›๏ธ COMEXโš–๏ธ Gold vs Silver๐ŸŒ US vs Indiaโ“ FAQs๐Ÿ”— Related

๐Ÿ›๏ธ COMEX Silver Market

Spot Price

$98.50

per troy oz

Gold/Silver Ratio

51.5

oz silver per oz gold

Gold Price

$5,067.50

per troy oz

Market Status

Open

COMEX trading

CME Group (COMEX)โ€ขLBMA Silver Priceโ€ขWikipedia: Silver Investment

โš–๏ธ Gold vs Silver (USD)

๐Ÿฅ‡

Gold (XAU)

COMEX Spot

$5,067.50/oz
Per gram: $162.92
๐Ÿฅˆ

Silver (XAG)

COMEX Spot

$98.50/oz
Per gram: $3.167

Gold-Silver Ratio: 51.5 โ€” Silver appears overvalued relative to gold. Consider gold for better value.

๐ŸŒ US vs India Silver Price

๐Ÿ‡บ๐Ÿ‡ธUnited States

$3.167/gram

COMEX spot price

๐Ÿ‡ฎ๐Ÿ‡ณIndia

โ‚น327.42/gram

Includes import duty + GST

Why the difference? Indian silver prices include 6% import duty (July 2024 Budget), 3% IGST, and ~3% local market premium. Current exchange rate: $1 = โ‚น91.94

โ“ Frequently Asked Questions

What is the silver spot price today?โ–ผ
The current silver spot price is shown live above, sourced from COMEX futures. The spot price represents the price for immediate delivery of silver and updates every 30 seconds during market hours.
What is the silver price today per ounce?โ–ผ
Today's silver price per ounce is displayed in the live price card above. COMEX silver is quoted in US dollars per troy ounce (31.1035 grams). Check the card for the exact current rate updated in real-time.
How is the silver spot price determined?โ–ผ
The silver spot price is determined by trading on commodity exchanges like COMEX (New York) and LBMA (London). It reflects the price for immediate delivery of 1 troy ounce of .999 fine silver.
What is the difference between spot price and futures price?โ–ผ
Spot price is for immediate delivery, while futures price is for delivery at a future date. Futures typically trade at a small premium (contango) or discount (backwardation) to spot depending on market conditions.
How much is silver per gram in USD?โ–ผ
Silver price per gram = spot price per troy ounce รท 31.1035. Check our live price table above for the current per-gram rate in USD. The calculation updates automatically with market prices.
What is the gold-silver ratio and why does it matter?โ–ผ
The gold-silver ratio shows how many ounces of silver equal one ounce of gold in value. Check the live ratio displayed above. A ratio above 80 suggests silver may be undervalued relative to gold. The historical average is 65-70.
What are COMEX silver trading hours?โ–ผ
COMEX silver futures trade nearly 24 hours: Sunday 6:00 PM to Friday 5:00 PM ET, with a 60-minute break each day. The most active trading is during US market hours (8:00 AM - 1:30 PM ET).
How does silver price in the US compare to India?โ–ผ
Silver in India costs approximately 12-15% more than the US spot price due to import duties (6% as of July 2024), IGST (3%), and local market premiums (3%). Check the US vs India comparison section above for current rates.
What factors affect silver prices in USD?โ–ผ
Key factors: USD strength (inverse relationship), industrial demand (solar panels, electronics), investment demand (ETFs, coins), inflation expectations, interest rates, and geopolitical events.
Is silver a good investment in 2026?โ–ผ
Silver offers both industrial utility and investment appeal. With growing demand from solar energy and EVs, plus its historical role as a hedge against inflation, many analysts see potential. However, it's volatile - suitable for diversified portfolios.
How can I buy silver at spot price?โ–ผ
Physical silver (coins, bars) always includes a premium over spot (typically 5-15%). To get closest to spot: buy larger bars (lower premium), trade silver ETFs (SLV, SIVR), or trade COMEX futures directly.

Related Pages

๐Ÿ‡ฎ๐Ÿ‡ณSilver Price India๐Ÿฅ‡๐ŸฅˆGold & Silver๐ŸงฎPrice Calculator๐Ÿ“ˆInvestment Calculator

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Prices sourced from COMEX (New York Mercantile Exchange). Spot price for immediate delivery.
Last updated: February 1, 2026 at 11:26 AM ET