How the silver rate per gram is calculated
Silver is priced in US dollars per troy ounce (31.1035 g). We divide by 31.1035, convert to your currency and multiply by the fineness (parts per 1,000).
price per gram = (ounce price ÷ 31.1035) × exchange rate × (fineness ÷ 1000)
Silver purities
| Fineness | Silver | Use |
|---|---|---|
| 999 | 99.9% | Bars and investment coins |
| 958 | 95.8% | Britannia silver |
| 925 | 92.5% | Sterling silver jewellery |
| 900 | 90% | Old coins |
| 800 | 80% | Antiques and decorative items |
Silver and zakat
The silver nisab is 595 grams of pure silver. Work out your zakat with today's prices in our zakat calculator.
Spot price of the metal; jewellery prices include making charges, margin and VAT.
Frequently asked questions
What does 925 silver mean?
It contains 92.5% pure silver; the rest is usually copper for strength.
What is the price of 1 kg of silver in Saudi Arabia today?
Choose SAR: the table shows today's price per kilogram for each purity (visible on larger screens).
Why does silver move more than gold?
Its market is smaller and much of the demand is industrial.