958 silver price per gram today

As of 21 Oct 2026, the live silver price today is £42.94 per troy ounce, updating in real time on the chart above. This is the international spot price silver trades at on the open market, moving continually throughout the day with global supply and demand.

As of 21 Oct 2026, silver is currently £42.94 per troy ounce on the live market. A troy ounce is the standard unit precious metals are priced in, equal to 31.1035 grams, slightly heavier than the everyday ounce.

As of 21 Oct 2026, fine silver (999) is currently worth £1.38 per gram. At 99.9 percent purity, it is the highest grade of silver and is typically found in bullion bars and investment coins.

As of 21 Oct 2026, britannia silver (958) is currently worth £1.32 per gram. This 95.8 percent purity standard was historically used for British silverware and sits above sterling in fineness.

As of 21 Oct 2026, sterling silver (925) is currently worth £1.28 per gram. At 92.5 percent purity, it is the most common standard for jewellery, cutlery and decorative silverware.

As of 21 Oct 2026, 800 silver is currently worth £1.10 per gram. At 80 percent purity, it is a lower grade often found in older continental European silverware and some antique pieces.

A troy ounce is the standard unit precious metals are weighed in, equal to 31.1035 grams. It is slightly heavier than the everyday ounce used for food and post, and all silver spot prices are quoted per troy ounce.

The silver price changes every second while global markets are open, as it trades continuously around the world. The chart above reflects these live movements in real time.

Silver trades almost around the clock across global markets, opening Sunday evening and running through to Friday evening UK time, with only short daily breaks. This is why the live price can move at virtually any hour.

No single body sets the silver price, as it is determined by global supply and demand on the open market. The London Bullion Market Association does publish a daily benchmark price that buyers and refiners worldwide use as a reference point.

Silver bullion is investment grade silver in bar or coin form, valued by its weight and purity rather than any craftsmanship. It is usually fine silver at 999 purity, such as Britannia coins or cast and minted bars.

925 silver, also known as sterling silver, is an alloy that is 92.5 percent pure silver with the remaining 7.5 percent usually copper for strength. The 925 hallmark confirms this purity, and it is the most widely used silver standard for jewellery.

Silver coins can be a popular investment as a tangible store of value and a hedge against inflation, though silver is more volatile than gold due to its industrial demand. As with any asset, values can rise or fall.

Silver coins worth money include solid silver bullion coins like Britannias, pre 1947 and pre 1920 UK coins which contain silver, and many older or collectable coins. Their value comes from both silver content and any collectable premium.

Silver spoons can be worth a good amount if they are solid silver rather than silver plated, with a hallmark such as 925 or 800 confirming purity. Their value is based on weight and purity, with antique or designer pieces sometimes carrying extra value.

No, genuine silver is not magnetic, so solid silver will not stick to a magnet. If an item is strongly attracted to a magnet it is likely plated or not silver at all, though the only certain test is professional analysis such as XRF.

Selling silver to GoldSell takes three simple steps: order a free Silver Selling Pack, post your silver to us fully insured with Royal Mail, and we value it the day it arrives with payment sent within minutes of you accepting our offer.

With silver in strong demand from both investors and industry, it can be a sound time to sell. Order a free, fully insured Silver Selling Pack and let GoldSell value your silver, with payment within minutes of acceptance.