How much is 1 ounce of silver worth in England today?
As of Wednesday, January 28, 2026, the spot price for 1 ounce of silver in England is approximately £82.80.
Because silver is a live-traded commodity, the price fluctuates throughout the day.
Silver Spot Prices (GBP)
| Unit | Price |
| 1 Troy Ounce | ~£82.80 |
| 1 Gram | ~£2.66 |
| 1 Kilogram | ~£2,662.00 |
Important Things to Note
Spot vs. Retail: The "spot price" is the raw market value. If you are buying physical silver (like a Britannia coin or a silver bar), you will likely pay a premium above this price to cover manufacturing, shipping, and dealer margins.
VAT: In the UK, silver is typically subject to 20% VAT, which can significantly increase the "out-the-door" price for private investors compared to gold (which is VAT-free).
Purity: These prices refer to "fine silver" (.999 purity).
If you are selling scrap jewelry or "Sterling" silver (.925 purity), you will receive a lower price based on the actual silver content.