How much is 1 ounce of silver worth in USA today?
As of January 29, 2026, the spot price for 1 ounce of silver in the United States is approximately $118.92 USD.
Silver has seen an extraordinary surge recently, hitting historic highs amid intense safe-haven demand.
Current Market Snapshot (USD)
| Metric | Value |
| Spot Price (1 oz) | $118.92 |
| 24h High | $120.56 |
| 24h Low | $116.58 |
| Change (Today) | +$2.34 (≈ 2.0%) |
Important Notes for Buyers/Sellers
Spot vs. Retail: The price above is the "spot price" (the raw market value). If you are buying physical silver, such as American Silver Eagles or Silver Bars, expect to pay a "premium over spot," which can range from $2 to $10+ depending on the product and dealer.
Volatility: The market is currently experiencing extreme volatility. Prices are fluctuating by several dollars within single trading sessions.
Gold/Silver Ratio: The ratio is currently around 46:1, which is significantly lower than the historical averages of the last few decades, reflecting silver's massive outperformance relative to gold recently.