Your item contains 0.9990 troy oz of pure silver, worth $30.97 at the current spot price of $31.00/ozt.
Dealers typically pay 5-15% below spot when buying and sell 5-15% above spot, so the retail buy price will be higher than the melt value shown.
At today's spot price, one troy ounce of silver is worth $31.00, and one gram is worth $0.9967.
Next stepSpot prices change by the minute during market hours. Refresh the spot price from a live source such as Kitco or APMEX before making a buying or selling decision.