How much is 1 gram of silver worth?

Internationally, the silver price issued by the LBMA London (London Bullion Market Association ) determines the value of fine silver. The price of silver is determined in an auction every day at 12:00 noon. It is important to know that the price of silver is set in US dollars per troy ounce. To calculate the USD silver price for 1 gram, you have to convert the weight accordingly. At GOLD AVENUE we do this conversion automatically.