what is the what is the value of a ounce of silver
As of the most recent market's closing, silver is worth $17.2222 per ounce, down 0.04% ($0.0063) from its previous price. (Remember, that's the price for a troy %ounce of silver.) The price of silver per gram is $0.55. This is, of course, the current price per ounce divided by 31.103 (the number of grams in a troy ounce). Finally, the price of silver per pound is $205.09. This is the spot price times 12 (the number of troy ounces in a pound).