How much is 1 ounce of silver worth in Spain today?
As of Saturday, February 14, 2026, the spot price for 1 troy ounce of silver in Spain is approximately €65.24.
Because today is a Saturday and global markets are closed, this price is based on the final closing rates from Friday.
Market Overview (February 14, 2026)
Important Tips for Spain
Retail Premiums: If you are buying physical silver (like a Silver Eagle or a Philharmonic coin) at a shop in Madrid or Barcelona, expect to pay €88.00 to €93.00 per ounce. This covers the dealer's profit, minting costs, and shipping.
IVA (VAT): In Spain, silver is considered an industrial metal and is subject to the standard 21% IVA. This is usually included in the retail price you see at bullion dealers.
Canary Islands exception: If you are in the Canary Islands (Tenerife, Gran Canaria, etc.), the IVA does not apply. Instead, a lower local tax (IGIC) is used, which often makes physical silver cheaper to buy there than on the mainland.
Purity: Ensure you are checking the "Ley" (fineness). Investment grade is usually 999 (99.9% pure). Common Spanish silverware is often 915 or 800, which will have a lower scrap value.