This calculator gives an estimate before dealer premiums, spreads, refining costs, delivery costs or other fees.
How to use the Silver Value Calculator
Enter the current silver price, the weight of your silver and the purity. The calculator converts the weight into grams, adjusts it for purity and estimates the metal value.
Where can I check the silver price?
Silver prices change throughout the day. For a more reliable estimate, check the current silver price from a recognised source before using this calculator.
UK users may wish to check The Royal Mint’s silver price page. For institutional benchmark pricing, the LBMA Silver Price is widely used across the global precious metals market.
What is the difference between an ounce and a troy ounce?
A standard ounce and a troy ounce are different units of weight. Gold and silver prices are usually measured using troy ounces rather than standard ounces.
1 standard ounce = 28.35 grams
1 troy ounce = 31.10 grams
What is a tola?
A tola is a traditional unit of weight commonly used in South Asia and the Middle East for gold and silver.
1 tola = 11.6638 grams
Important note
This calculator gives an estimate of metal value only. The amount you receive when buying or selling silver may be different because of dealer premiums, spreads, refining costs, delivery costs or other fees. This is not financial advice.
Silver Value Calculator FAQs
Does this calculator use live silver prices?
No. This version uses a manual silver price input so you can enter the latest price from a trusted source.
Why does silver purity matter?
Silver items may contain other metals. For example, sterling silver is usually 92.5% silver, so the calculator adjusts the estimate based on purity.
Is this the price I would receive for selling silver?
Not necessarily. Dealers may apply spreads, fees, refining costs or deductions. This calculator estimates the underlying metal value only.