The spot price of silver fluctuates daily. See the Related Link for "Kitco: Spot price of precious metals" for the current value. According to this morning's paper (April 23, 2007), yesterday's price for one troy ounce (31.1 grams) was $14.33 if you buy a 1000 Tr Oz. ingot. If you buy smaller ingots, the price per ounce is greater.
Troy ounce weighs 31.1034768 grams. Each gram equals to 1/31.1034768=0.032150746 troy ounce. If silver is $20 per troy ounce three grams pure silver value 20X 3X0.032150746=0.289 dollars.
1 troy oz of silver is 31.1 (31.1034768) grams.
It is called a "Troy ounce." So it is a weight measurement of gold, or silver etc.
The price of silver changes every minute. You need tot find the spotprice of silver. The spotprice of silver is per troy ounce. A troy ounce is 31,103 gram. 92,5 Means 92,5% purity. You need to complete the following formula ([SPOTSILVER in troy ounce] * 0.925) / 31.103 At this moment the answer will be: $1.10 per gram (92.5% silver)
The price of silver is measured by the Troy ounce. 1 oz(troy) = 31.1034 g We can convert your gram weight to Troy ounces with this result: 12.8 g = 0.411529 oz(troy). Today's spot price for silver is: $31.62/oz(troy) X 0.411529 = $13.01. Your 12.8 g of pure silver is worth $13.01 when spot price is $31.62.
One ounce of silver is about $32.00 at present. Most people will only want it for its silver value.
Silver spot price equivalent
Troy ounce weighs 31.1034768 grams. Each gram equals to 1/31.1034768=0.032150746 troy ounce. If silver is $20 per troy ounce three grams pure silver value 20X 3X0.032150746=0.289 dollars.
Current spot price is $21.79 per ounce.
Sorry, my crystal ball is recharging right now.
Silver currently sells for about $16/oz.
Unless you find someone that wants it, value is just for the silver about $27.00
Pure silver (.999 fine) is traded daily and its value changes just like any other commodity. Today, 8-20-2009, silver is at $13.88 a troy ounce, making the value of a 1 troy ounce Engelhard silver bar today worth about $14. That value was most assuredly change in the future.
The value of silver bars depends on the value of silver, at the time of writing silver is $29.09 per troy ounce so your bar would be worth $29.09. However, precious metal prices are volatile and change on a daily or even hourly basis.
If it's a 999-fine silver bullion, it would be worth approximately the spot price of silver or around $13.
Silver is trading at about 28.50 an ounce. A half ounce of silver is worth about 14.25.
current silver troy ounce value