How much is 1 ounce of silver worth in Colombia today?

As of January 29, 2026, the price of one troy ounce of silver in Colombia is approximately $450,000 COP.

Silver has seen a massive surge in value recently, trading at global spot prices around $117.50 USD per ounce. Because of this high volatility, the exact local price in Colombian Pesos (COP) can fluctuate by several thousand pesos throughout the day.

---

Current Market Estimates

Unit	Price (Approximate COP)
1 Troy Ounce	$450,000 - $460,000
1 Gram	$14,500 - $14,800
1 Kilogram	$14,500,000 - $14,800,000

Key Factors to Consider

• Spot vs. Retail: The "spot price" (noted above) is the raw market value of the metal. If you are buying physical silver coins or bars in a shop in Bogotá or Medellín, you should expect to pay a premium of 10% to 30% over the spot price to cover manufacturing and dealer costs.

• Currency Exchange: Since silver is priced globally in USD, the value in Colombia is highly sensitive to the current USD/COP exchange rate.

• Purity: These prices refer to .999 fine silver. Jewelry (typically "Sterling" or .925) will have a lower melt value.

Note: If you are looking to sell, the Banco de la República (Colombia's Central Bank) provides daily official purchase rates for precious metals, though they typically deal in gold more frequently than silver.