What drives the silver price?
Silver is both a store of value like gold and an industrial metal used in electronics and solar panels. It usually follows gold but with larger swings, and reacts to the US dollar and interest rates.
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XAGSilver price+0.03%
52.07USD / oz
Per gram 6.15 AED$1.674
Gold to silver 78.20
Silver price by country
Tap a country for local-currency details.
| Country | Gram | Ounce |
|---|---|---|
| UAE AED | 6.15 | 191.23 |
| Saudi Arabia SAR | 6.28 | 195.27 |
| Kuwait KWD | 0.520 | 16.174 |
| Qatar QAR | 6.09 | 189.54 |
| Oman OMR | 0.644 | 20.021 |
| Bahrain BHD | 0.629 | 19.579 |
| USA USD | 1.674 | 52.07 |
| UK GBP | 1.25 | 38.93 |
| Europe EUR | 1.50 | 46.66 |
Last updated: Saturday, 7 November 2026, at UAE time
What is the difference between .999 and .925 silver?
.999 is fine silver used for bars and coins. Sterling .925 contains 92.5% silver alloyed with other metals for the strength needed in jewellery and silverware.
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Historical data is approximate and re-based to the current spot price.
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How the silver price per gram is calculated
An ounce of silver is priced globally in dollars (52.07 USD now). Dividing by 31.1035 gives 1.674 USD per gram, which we convert to local currency: 6.15 AED per gram in the UAE and 6.28 SAR in Saudi Arabia.
Silver versus gold
Today it takes 78.20 ounces of silver to equal one ounce of gold. Investors follow this ratio to compare relative metal prices over time.
Silver purity grades in AED
- Fine silver .999: 6.15 AED per gram — used for bullion bars and coins.
- Sterling silver .925: 5.69 AED per gram — the standard for jewellery and cutlery, alloyed with copper for strength.
- Coin silver .900: 5.53 AED per gram — common in older coins, hence the name coin silver.
What silver is used for and what moves its price
More than half of global silver demand comes from industry — solar panels, electronics and medical uses — alongside jewellery and investment. Silver therefore reacts more to the economy and industrial activity than gold does, and its daily swings are usually larger.
Frequently asked questions
How often is the silver price updated?
The silver price refreshes automatically about every minute from global market data, then converts to local currencies.
Which countries are supported?
UAE, Saudi Arabia, Kuwait, Qatar, Oman and Bahrain, plus the USA, the UK and Europe.