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Silver price today in the United Kingdom

1 troy ounce of fine silver (999) is worth £36.43 in the United Kingdom today, based on the international spot price of $48.88 per troy ounce and 0.74519 GBP per US dollar (Nov 2, 2026, 02:00 PM GMT).

Silver price in British Pound

UnitFine silver (999)Sterling silver (925)
1 troy ounce£36.43£33.69
1 gram£1.17£1.08
10 grams£11.71£10.83
1 kilogram£1,171.11£1,083.28

These are international values: the spot price converted at the current exchange rate. Jewellers’ and dealers’ prices include taxes, making charges and margins.

Silver price by year in the United Kingdom

+142.75%
19.2734.2549.2264.1943.62
Apr 2022Aug 2023Jan 2025May 2026
YearAverage · 1 troy ounce · 999Lowest monthHighest monthChange
2026 (so far)£53.54£43.62Oct 2026£67.55Jan 2026+77.47%
2025£30.17£24.48Jan 2025£48.11Dec 2025+36.76%
2024£22.06£17.99Feb 2024£24.76Oct 2024+17.25%
2023£18.81£17.97Mar 2023£20.02Apr 2023+7.15%
2022£17.56£15.92Jul 2022£19.09Apr 2022-3.97%
2021£18.28£16.94Dec 2021£19.74Feb 2021+14.83%
2020£15.92£12.13Apr 2020£20.42Aug 2020+25.40%
2019£12.70£11.40May 2019£14.75Sep 2019+7.98%
2018£11.76£10.94Sep 2018£12.43Jun 2018-11.36%
2017£13.26£12.06Dec 2017£14.35Apr 2017+4.55%
2016£12.69£9.74Jan 2016£15.08Jul 2016+23.39%
2015£10.28£9.40Dec 2015£11.28Jan 2015-11.16%
2014£11.57£10.13Nov 2014£12.54Feb 2014-24.38%
2013£15.31£11.99Dec 2013£19.62Feb 2013-22.11%
2012£19.65£17.56Jul 2012£21.51Feb 2012-10.47%
2011£21.95£18.12Jan 2011£25.90Apr 2011+68.96%
2010£12.99£10.14Feb 2010£18.69Dec 2010+39.25%
2009£9.33£7.77Jan 2009£10.91Dec 2009+16.54%
2008£8.00£6.26Oct 2008£9.71Mar 2008+20.25%
2007£6.66£6.13Aug 2007£7.07Nov 2007+6.85%
2006£6.23£5.14Jan 2006£7.13May 2006+55.90%
2005£4.00£3.52Jan 2005£4.89Dec 2005+11.17%
2004£3.59£3.18Jun 2004£3.98Nov 2004+24.11%
2003£2.90£2.60Jun 2003£3.18Sep 2003-1.01%
2002£2.93£2.70Oct 2002£3.16Jun 2002+1.10%
2001£2.89£2.74Nov 2001£3.00Jan 2001-4.22%
2000£3.02£2.89Jan 2000£3.25Sep 2000-3.02%
1999£3.12£2.95Dec 1999£3.32Feb 1999–

Monthly averages of the international silver price, converted at each month’s average exchange rate (central bank reference rates via Frankfurter). Highs and lows are monthly averages, not single days.

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Frequently asked questions

How much is 1 troy ounce of silver in the United Kingdom today?

1 troy ounce of fine silver (999) is worth £36.43 (Nov 2, 2026, 02:00 PM GMT), based on the international spot price.

What is the difference between 999 and 925 silver?

Fine silver (999) is 99.9% pure. Sterling silver (925) is 92.5% silver, alloyed with copper for strength: the usual standard for jewellery and cutlery, so it is worth 92.5% of fine silver by weight.

How many ounces of silver buy one ounce of gold?

About 79.8 troy ounces of silver buy one troy ounce of gold at today’s spot prices (the gold-to-silver ratio).

What was the price of silver in the United Kingdom in 2025?

In 2025, 1 troy ounce of fine silver averaged £30.17, from monthly averages of the international silver price and the British Pound exchange rate.

What was the price of silver in the United Kingdom in 2020?

In 2020, 1 troy ounce of fine silver averaged £15.92, from monthly averages of the international silver price and the British Pound exchange rate.

What was the price of silver in the United Kingdom in 2015?

In 2015, 1 troy ounce of fine silver averaged £10.28, from monthly averages of the international silver price and the British Pound exchange rate.

What was the price of silver in the United Kingdom in 2005?

In 2005, 1 troy ounce of fine silver averaged £4.00, from monthly averages of the international silver price and the British Pound exchange rate.

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Methodology

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