Silver Price Today
XAG 0.22% todayJune 11, 2026 · Base unit: troy ounce
Live Price
What is Silver (XAG)?
Silver (symbol Ag, ticker XAG) is a precious metal with the highest electrical and thermal conductivity of any metal. It has served as currency and jewelry for millennia while also being a critical industrial material used in electronics, solar panels and medical applications.
Silver is traded on the LBMA and COMEX, priced per troy ounce in USD. Known locally in Pakistan as Chandi.
Unlike gold, silver has significant industrial demand — approximately 50% of annual silver consumption is industrial. This dual role makes silver price movements respond to both financial market sentiment and manufacturing activity.
- Symbol XAG
- Base Unit troy ounce
- Today Open $62.90
- 24h High $64.51
- 24h Low $61.51
What Factors Affect the Silver Price?
Understanding key price drivers helps investors, traders and industry professionals make informed decisions.
Like gold, silver has an inverse relationship with the USD. A weaker dollar boosts silver demand from international buyers, pushing prices higher.
Silver is essential in photovoltaic solar cells. Rapid global solar capacity deployment is a major and growing long-term demand driver for silver.
About 50% of silver demand is industrial. Slowdowns in electronics, automotive and manufacturing sectors reduce silver demand and pressure prices.
Traders monitor the gold-to-silver price ratio. A high ratio (above 80) historically suggests silver is undervalued relative to gold, signaling potential catch-up price movement.
Silver ETFs, coins and bars see demand spikes during financial uncertainty. Silver ETF flows are a useful leading indicator for short-term price direction.
Silver is often a byproduct of copper, zinc and lead mining. Base metal production levels affect silver supply, creating indirect price linkages.
| From | To | Factor |
|---|---|---|
| 1 Troy Ounce | Gram (g) | × 31.1035 |
| 1 Troy Ounce | Kilogram (kg) | ÷ 32.1507 |
| 1 Gram | Troy Ounce | ÷ 31.1035 |
| 1 Kg | Troy Ounce | × 32.1507 |
Frequently Asked Questions — Silver Price
Select Gram from Unit and Pakistani Rupee (PKR) from Currency. The conversion uses the latest USD/PKR exchange rate applied to the LBMA silver spot price. Updates daily.
Silver's market is approximately 1/10th the size of gold. The same amount of buying or selling moves silver prices much more dramatically. Additionally, industrial demand adds economic cycle sensitivity that pure precious metals like gold don't have.
The gold-silver ratio shows how many ounces of silver equal one ounce of gold. Historically ~60–70:1. When the ratio exceeds 80, silver is considered historically undervalued. Many investors use this ratio to decide when to switch between gold and silver holdings.
Each solar panel uses approximately 15–20 grams of silver. Global solar installation is accelerating as countries pursue renewable energy targets. Analysts project solar silver demand could double by 2030, creating a structural supply-demand tightening.
Daily, from LBMA/COMEX global market data. Data may be delayed 15–20 minutes. For informational purposes only — not financial advice.
Disclaimer
Silver prices are indicative only, updated daily and may be delayed 15–20 minutes. For informational purposes only. Not financial advice. Always verify with your broker or exchange.
