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How much is a pound of silver?

Updated: 9/13/2023
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13y ago

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SILVER and Gold are measured in many ways the international standard is a system called "Troy Measurements."

In Troy one pound (lb) is divided up into 12 Troy Ounces and each Troy Ounce is divided into 20 units called Pennyweight (dwt).

A troy ounce is 31.1034768 grams, which is about 10 percent more than the avoirdupois ounce, which is 28.349523125 grams.

In July 2010, silver is running about $18.25 an ounce or about $220 a Troy pound.

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