Why is a silver gram price shown to more decimal places than gold?

Because silver's per-gram value is far smaller. Rounding a gold gram price to two decimals loses a negligible fraction; doing the same to silver can move the figure by a noticeable percentage once you multiply by a few hundred grams. This page shows the calculated reference as the conversion produces it.

Is this what a scrap buyer will pay me per gram?

No. This is a calculated reference for fine silver. A scrap buyer applies their own deduction, refining fee and margin, and will also assess purity — sterling is 92.5% silver, not fine. Use the Scrap Gold / Silver calculator to model those deductions explicitly.

Does this assume sterling or fine silver?

Fine silver. Silver is quoted by fineness rather than karat, and this page shows the fine-metal reference. For sterling (925) or another fineness, apply the purity factor in the Silver Value calculator, which states the factor it uses.

Silver Tools

Silver Price per Gram

Silver is quoted internationally per troy ounce, but almost nobody handles it that way at the counter. Scrap silver, sterling flatware, jewellery and small bars are all weighed on gram scales, so the per-gram figure is the one that actually gets multiplied by a weight. Because silver's per-gram value is small — a fraction of gold's — the rounding you apply matters proportionally more, which is why this page shows the unrounded calculated reference rather than a figure already truncated to two decimal places.

Market currency

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How this unit is defined

A gram is the SI base unit of mass. One troy ounce is exactly 31.1034768 grams, so the per-gram reference is the troy-ounce reference divided by that exact constant — applied through the same weight-conversion engine every calculator on this platform shares, never a rounded approximation typed into this page.

How this figure is calculated

A verified Silver reference price is read from this platform's metals data provider, converted (via one verified FX rate, only when your selected currency is not USD) and converted to this page's unit using an exact conversion factor — never rounded before the arithmetic. The provenance line under the figure states the exact source and observation time for both the metal price and, where one was used, the FX rate. When no verified reference is available the figure is withheld and the card says so — it is never replaced by a zero or a last-known value presented as current.

Fineness, not karat

Silver is described by fineness rather than karat: fine silver is 999, sterling is 925, and coin silver is commonly 900. This page prices fine silver, so a sterling item is worth 92.5% of the figure shown for the same weight, before any dealer deduction. To apply a fineness and a deduction explicitly, use the Silver Value calculator or the Scrap Gold / Silver calculator.

Questions

Why is a silver gram price shown to more decimal places than gold?: Because silver's per-gram value is far smaller. Rounding a gold gram price to two decimals loses a negligible fraction; doing the same to silver can move the figure by a noticeable percentage once you multiply by a few hundred grams. This page shows the calculated reference as the conversion produces it.
Is this what a scrap buyer will pay me per gram?: No. This is a calculated reference for fine silver. A scrap buyer applies their own deduction, refining fee and margin, and will also assess purity — sterling is 92.5% silver, not fine. Use the Scrap Gold / Silver calculator to model those deductions explicitly.
Does this assume sterling or fine silver?: Fine silver. Silver is quoted by fineness rather than karat, and this page shows the fine-metal reference. For sterling (925) or another fineness, apply the purity factor in the Silver Value calculator, which states the factor it uses.