🌍 Showing silver prices for United States (USD)

Silver Price Today in Chicago, United States - Sterling Silver (92.5%) $1.61/gram

Real-time silver rates for Sterling (92.5% pure) and Fine (99.9% pure) silver

Live β€’ Updated 7:21 PM
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TL;DR - Silver Price Summary

  • Today's Sterling Silver Price: $1.61/gram (↓ 0.18% from yesterday)
  • Best for Investment: Fine Silver (99.9%) - Highest purity and resale value
  • Market Trend: Stable - Normal trading range
  • Next Update: 7:30 PM Today

Live Silver Rate (per gram)

Sterling Silver (92.5% Pure)
$1.61
-0.18%
Fine Silver (99.9% Pure)
$1.74
-0.18%
Last update: Oct 15, 2025 7:21 PM

Silver Price Calculator

Calculate silver prices in different units and purities for United States

Total Price
$0.00
Based on current market rates

⚱️ Silver Jewelry Purchase Cost Calculator

Calculate the actual cost of buying silver jewelry with our free calculator. Our Silver Jewelry Purchase Cost Calculator includes making charges, wastage, and taxes to give you the real amount you'll pay at jewelers in United States.

What This Calculator Includes:

  • Base Silver Value: Weight Γ— Purity Γ— Current Market Rate
  • Making Charges: Jeweler's crafting cost (β‚Ή10-50 per gram typical)
  • Wastage Charges: Silver lost during crafting (typically 3-8%)

πŸ’‘ Why This Matters: A 100-gram Sterling silver anklet may cost $161 in raw silver, but with making charges and wastage, your actual purchase cost jumps to $201. Use our calculator to compare jeweler quotes and avoid overpaying.

Calculator Inputs

⚑ Quick Presets - Popular Silver Jewelry:

Cost Breakdown

Silver Value: $0.00
Making Charges: $0.00
Wastage Charges: $0.00
Total Purchase Cost
$0.00
Actual amount you'll pay at jeweler

πŸ“Š Popular Silver Jewelry Calculations

100g Sterling Anklet
With β‚Ή15/g making + 5% wastage
$1,669
Est. total cost
500g Fine Silver Utensil/Idol
With β‚Ή10/g making + 3% wastage
$5,896
Est. total cost
50g Sterling Bangle Pair
With β‚Ή12/g making + 4% wastage
$684
Est. total cost

πŸ’‘ These are estimates. Silver making charges are significantly lower than gold (β‚Ή10-50/g vs β‚Ή300-1000/g for gold).

πŸ”„ Silver Buyback / Selling Calculator

Calculate how much you'll receive when selling your silver in United States

75% (Low) 85% (Fair) 90% (Good) 95% (Excellent) 99.9% (Market)

Buyback Breakdown

Market Value: $0.00
Buyback Rate Applied: 90%
Deductions (testing/melting): -$0.00
You Will Receive (Approx.)
$0.00
Tip: Silver buyback rates are typically higher than gold (90-95% vs 80-85%)

Silver Prices in Major Cities - United States

Silver Purity Comparison - Sterling vs Fine vs Coin

Complete comparison to help you choose the right silver purity for your needs

Feature Sterling Silver (92.5%) Fine Silver (99.9%) Coin Silver (90%)
Purity Level 92.5% Pure 99.9% Pure 90% Pure
Today's Price (per gram) $1.61 $1.74 $1.57
Best For Jewelry, Flatware Investment, Bullion Coins, Collectibles
Durability Very Durable Soft, Scratches Easily Medium Durability
Resale Value Good (~95%) Highest (100%) Medium (~92%)
Hallmark Standard 925 999 900
Alloy Metals Copper (7.5%) None (0.1% trace) Copper (10%)
Tarnish Resistance Low (tarnishes easily) Very Low (tarnishes fastest) Low
πŸ’‘ Quick Tip:

For investment, choose Fine Silver (999) for maximum resale value. For jewelry that you'll wear regularly, Sterling (925) offers the best balance of purity and durability. Coin silver is primarily for collectibles and historical pieces.

Silver Price by Weight - Quick Reference Guide

Instant price calculations for common silver weights in United States (USD)

Weight Unit Sterling (92.5%) Fine (99.9%)
10 Grams $16.10 $17.40
50 Grams $80.50 $87.00
100 Grams $161.00 $174.00
250 Grams $402.50 $435.00
500 Grams $805.00 $870.00
1 Kilogram $1,610.00 $1,740.00
Note: Prices shown are retail rates. Actual jewelry cost may vary with making charges.

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❓ Frequently Asked Questions About Silver Prices

What is the current silver price in United States today?

Today's silver price in United States is $1.61 per gram for Sterling silver (92.5%) and $1.74 for Fine silver (99.9%).

What is the difference between Sterling and Fine silver?

Sterling silver is 92.5% pure silver mixed with 7.5% copper for durability, ideal for jewelry. Fine silver is 99.9% pure, softer and better for investment. Sterling is more scratch-resistant but Fine has higher resale value.

Is silver a good investment right now?

Silver is trading in a stable range. It's widely considered an affordable alternative to gold for portfolio diversification.

How much is 100 grams of silver worth today?

100 grams of Sterling silver is worth $161.00 today. For Fine silver (99.9%), it's $174.00. Use our calculator above for custom weights.

Why is silver cheaper than gold?

Silver is 60-80 times cheaper than gold due to higher natural abundance (15-20x more silver in Earth's crust), industrial demand volatility, and different investor perception. However, silver often outperforms gold percentage-wise during bull markets.