The latest independently accessible Kitco search result with a clearly identified timestamp shows the U.S.-dollar spot silver bid at $60.10 per troy ounce as of 7:02 a.m. EDT on October 13, 2026. This is a timestamped market reference, not a guaranteed live quote at publication time.
Silver was also reported modestly higher in Reuters’ October 13 market coverage, which cited a spot price of $60.41 per ounce and a gain of 0.2% at 11:33 a.m. GMT. That observation is later than Kitco’s timestamp, but it is a separate reporting reference and should not be substituted into the primary price table without explaining the difference.
TL;DR
- Silver price: $60.10 per troy ounce, based on Kitco’s displayed spot bid at 7:02 a.m. EDT.
- Daily change: A comparable previous-session reference was not independently established for the selected Kitco quote, so a separately calculated daily change is omitted.
- Market context: Reuters reported a modest silver gain amid a retreat in oil prices and the U.S. dollar, with investors watching upcoming U.S. inflation data. Those developments provide context, not proof of a single cause for silver’s movement. Reuters
Latest silver price in the United States
| Metric | Value | Basis / as of |
|---|---|---|
| Silver price per troy ounce | $60.10 | Kitco spot bid, 7:02 a.m. EDT |
| Daily dollar change | Not independently verified | Comparable prior-session quote unavailable |
| Daily percentage change | Not independently verified | No verified calculation |
| Silver price per gram | $1.93 | Mathematical conversion |
| Silver price per 10 grams | $19.32 | Mathematical conversion |
Price and calculation note: The primary reference is Kitco’s U.S.-dollar spot silver bid. The gram and 10-gram figures are calculated using 1 troy ounce = 31.1034768 grams, retaining the underlying precision before rounding. They represent the implied metal value of fine silver, not a dealer’s retail price, buyback offer or guaranteed execution price.
The quote was retrieved through an accessible search result rather than a separately confirmed, continuously updating market feed at the research cutoff. Consequently, the timestamp is preserved as displayed, and the figure should not be described as the latest executable market price without a fresh check.
What Is Driving the Silver Market?
Silver’s modest gain in Reuters’ October 13 report coincided with a pullback in the U.S. dollar and oil prices. Reuters also reported that the 10-year Treasury yield had declined to its lowest level since October 2. Lower yields can reduce the opportunity cost of holding non-interest-bearing precious metals, although the relationship does not establish that any one factor caused silver’s move.
The dollar is particularly relevant because international silver prices are commonly quoted in U.S. dollars. A weaker dollar can make the metal less expensive for buyers using other currencies, potentially supporting demand. However, exchange rates, interest-rate expectations, investor positioning and industrial-market developments can push silver in different directions.
The available evidence supports describing the reported move as modestly positive. It does not establish a definitive, independently calculated daily change for the primary Kitco reference.
U.S. Market Context
Investors were preparing for a busy U.S. economic calendar. Reuters identified the September Consumer Price Index (CPI) report, expected on Wednesday, October 14, and the Producer Price Index (PPI) and retail sales data, expected on Thursday, October 15, as important developments to watch.
Inflation data can influence expectations for Federal Reserve policy, Treasury yields and the dollar. A stronger-than-expected report could increase concern about persistent inflation and interest rates; a softer reading could change those expectations in the opposite direction. Neither outcome should be assumed in advance.
The important distinction for silver buyers is that the economic calendar provides a reason for potential volatility, not a reliable prediction of the metal’s next move.
Industrial Demand and Supply Context
Silver differs from gold because it serves both as a precious metal and an industrial material. Manufacturers use it in electronics, electrical applications and photovoltaic technology, among other products. That combination exposes silver to both investment flows and changes in manufacturing activity.
Nevertheless, industrial demand should not automatically be treated as the explanation for a daily price change. Establishing such a connection requires session-specific evidence, rather than relying solely on long-term trends in solar installations or electronics production.
No sufficiently verified, date-specific supply-demand or inventory figure was established for this article. It would therefore be misleading to attribute the October 13 price movement to an annual supply deficit, a physical shortage or a change in exchange inventories.
What to Watch Next
The next relevant developments identified in the market reporting are:
- Wednesday, October 14: U.S. September CPI data.
- Thursday, October 15: U.S. September PPI and retail sales data.
- Friday, October 16: Federal Reserve Chair Kevin Warsh’s scheduled appearance at the International Monetary Fund, as reported by Reuters. Reuters
These events could affect expectations for monetary policy, bond yields and the U.S. dollar, which are relevant to precious metals. Their actual market impact will depend on the data, expectations already reflected in prices and investors’ interpretation.
This is a calendar-based watchlist, not a price forecast or personalized investment recommendation.
Silver Price per Gram and per 10 Grams
Using the selected $60.10-per-troy-ounce reference, the mathematical conversions are:
- One gram: approximately $1.93.
- Ten grams: approximately $19.32.
The calculation divides the ounce price by 31.1034768 to obtain the per-gram value. The 10-gram value is calculated from the unrounded result, not by multiplying the displayed $1.93 figure.
These conversions refer to fine silver. Sterling silver, for example, contains 92.5% silver by weight, so its theoretical silver-content value differs from that of an equal weight of pure silver.
Physical products can cost more than their implied metal value because of fabrication, dealer premiums, margins and applicable taxes. Conversely, a dealer’s buyback or scrap offer may be below the theoretical metal value. Jewelry and collectible coins can also have value beyond their metal content.
FAQ: Frequently Asked Questions
1. What is the silver price today in the United States?
Kitco’s accessible data show a spot silver bid of $60.10 per troy ounce at 7:02 a.m. EDT on October 13, 2026. This is a timestamped reference, not a guarantee of the price available at the moment you trade.
2. How much is one gram of silver worth today?
The selected quote implies a value of approximately $1.93 per gram of fine silver. This is a mathematical conversion, not a retail or resale quote.
3. Why is the price of silver rising or falling today?
Reuters reported a modest increase in spot silver alongside lower oil prices and a retreat in the U.S. dollar. These conditions may help explain the broader precious-metals environment, but the available evidence does not isolate a single cause for silver’s movement.
4. Is the silver price live or delayed?
Kitco describes its chart as a live silver-price service, but the specific reference used here was retrieved from an accessible search result timestamped 7:02 a.m. EDT. Its freshness at the research cutoff was not independently confirmed. Readers should check the provider’s current chart and timestamp before relying on a trading quote.
Sources and methodology
Research date: October 13, 2026. The exact research execution time was not independently recorded; the source timestamps below are preserved as published.
Primary price source
- Kitco — Silver Price Today and 24-Hour Spot Chart: used for the $60.10-per-troy-ounce spot bid displayed at 7:02 a.m. EDT. The accessible result does not establish that the quote remained current at the research cutoff.
Corroborating market reporting
- Reuters — Gold gains as oil, dollar retreat; investors brace for US inflation test: published October 13, 2026, at 2:23 a.m. UTC and subsequently updated. The report gives a separate silver observation of $60.41 per ounce, up 0.2%, at 11:33 a.m. GMT. Reuters states that its quotes are delayed by at least 15 minutes.
