Silver (XAG)
Silver (XAG) spot price: $56.98. Market cap: $3.21 trillion. Above-ground supply: 56,295,875,700 troy ounces. 52-week range: $32.07 – $121.58.
Data as of 2026-10-16 21:58 UTC.
Silver FAQ
What does "XAG" mean?
XAG is the price of one troy ounce of silver. "XAG" is the ISO code for silver, X marks a non-national commodity, and AG comes from the Latin argentum, paired against currency of your choice. For example, a quote of XAG/USD = 30 simply means one troy ounce of silver costs $30 in USD.
How is the silver spot price determined, and who sets it?
No single exchange sets the silver spot price. The spot silver price here is aggregated from continuous over-the-counter trading between banks, dealers, and institutions globally. The figure shown here reflects this global interbank spot market.
How often is the silver price on this page updated?
The silver price refreshes in real time during global trading hours as new market quotes arrive, pausing only for a short daily break and over the weekend when major markets close. This means the price you see closely tracks live market conditions. The frontend cache here may be delayed by up to about 1 minute though for silver price, which is subject to our policy changes in the future.
Why does the silver price go up and down throughout the trading day?
Silver's price shifts constantly as supply and demand move across markets in different time zones. Alongside the same forces that move gold (e.g., the U.S. dollar, interest-rate expectations, and geopolitics), silver is also strongly influenced by industrial demand, since roughly half of it is used in electronics, solar panels, and manufacturing. This dual role as both a precious and an industrial metal tends to make silver more volatile than gold.
What does "above-ground supply" of silver mean?
Above-ground supply is all the silver ever mined that still exists in recoverable form today, held as bars, coins, jewelry, and reserves. Unlike gold, a large share of mined silver is consumed and dispersed in industrial uses, so proportionally less of it remains as investment-grade stock. It's a key metric because silver's market value rests on this existing recoverable supply, not just newly mined output. It's updated per year.
What is a troy ounce (ozt), and how does it differ from a standard ounce?
A troy ounce is the standard unit for weighing precious metals and equals about 31.1 grams. It's heavier than a standard (avoirdupois) ounce of about 28.35 grams, roughly a 10% difference. Standard silver prices are quoted per troy ounce.
What time ranges can I view on the silver price chart?
The chart lets you view silver across multiple time frames and changes across different time periods. Right now we have hourly candle timeframe and daily candle timeframe, and we plan to add more in the future.
See also: Home · Metals · Metal Supply Data: Gold, Silver & Copper · COMEX Gold & Silver Inventory · M2 Money Supply vs Gold & Metal Prices · Methodology: How ResourceCap Calculates Market Data