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

As of today, January 29, 2026, the spot price of 1 ounce of silver in Mexico is approximately $2,030.00 MXN.

Silver has seen a significant rally recently, hitting historic highs. Because you are looking at Mexico, the "real-world" price depends heavily on whether you are tracking the global market (spot price) or buying physical coins like the Libertad.

Current Market Breakdown

Type	Price in Pesos (Approx.)	Notes
Spot Price (1 oz)	$2,023.75 – $2,050.00	The baseline global market price.
Bank Purchase (Buy)	$1,845.00 – $1,997.00	What banks like Banco Azteca or BBVA will pay you.
Bank Sale (Sell)	$2,097.00 – $2,339.00	What you will pay to buy a physical 1 oz Libertad coin.

Key Factors for Today

• Safe-Haven Demand: Silver has spiked to over $117.00 USD per ounce globally today due to a weakening dollar and investors seeking safety.

• The Libertad Premium: In Mexico, the Onza Libertad (the official silver bullion coin) almost always carries a "premium" over the spot price. Expect to pay at least $100–$300 pesos above spot if you are buying physical metal at a bank.

• Volatility: Prices are moving quickly right now. For example, Banco Azteca is currently selling at around $2,097.00 MXN, but other banks like Banregio have been seen as high as $2,339.00 MXN.

Pro Tip: If you're looking to sell, Banco Azteca typically offers some of the most competitive spread rates for silver in Mexico compared to traditional commercial banks.