Silver market chart
Historical benchmark in CAD per troy ounce; weight conversions are shown in the tables.
Silver Price Chart in CAD per Grain
Live silver price history in Canadian Dollar (CAD) per grain. Toggle 24H, 7D, 30D, and 1Y ranges to analyze silver trends.
Quick Calculator
Calculate silver value
= 0.0648 grams
= 0.002083 troy ounces
Price per gr: —
Silver price by currency
Fine silver per grain · current exchange rates
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US Dollar
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Euro
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British Pound
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Japanese Yen
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Swiss Franc
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Australian Dollar
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Canadian Dollar
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Indian Rupee
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Chinese Yuan
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Singapore Dollar
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Hong Kong Dollar
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UAE Dirham
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Saudi Riyal
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Mexican Peso
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Brazilian Real
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South Korean Won
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South African Rand
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Russian Ruble
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Turkish Lira
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Polish Zloty
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Thai Baht
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Malaysian Ringgit
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Indonesian Rupiah
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Philippine Peso
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Vietnamese Dong
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New Zealand Dollar
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Swedish Krona
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Norwegian Krone
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Danish Krone
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Czech Koruna
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Taiwan Dollar
Silver price by weight
| Weight | Grams | Spot value (CAD) |
|---|---|---|
| Troy Ounce | 31.1035 | — |
| Gram | 1 | — |
| Kilogram | 1000 | — |
| Pennyweight | 1.55517 | — |
| Tola | 11.6638 | — |
| Tael (Hong Kong) | 37.429 | — |
| Tael (Shanghai / Mainland China) | 50 | — |
| Tael (Taiwan) | 37.5 | — |
| Grain | 0.0648 | — |
| Momme | 3.75 | — |
| Baht | 15.244 | — |
| Chi | 3.75 | — |
| Don | 3.75 | — |
| Mesghal | 4.6875 | — |
What is a Grain? Silver weight, conversions and local use
Definition. The grain (0.0648 g) is the smallest troy unit, one 480th of a troy ounce. One grain equals 0.0648 grams, or 0.00208 troy ounces, which at today's silver spot price works out to — CAD.
Where it is used. Historical coin weights, gold leaf and very small assay samples are still specified in grains. The unit is the trading standard in coin collecting and assaying.
Pricing conventions. No modern bullion product is sold by the grain, but numismatic catalogues use it, so collectors convert grain weights when valuing old coinage. Silver is bulkier per unit of value, so quotes in small traditional units are usually a conversion, while real trade happens in kilogram and 1 000 oz bars.
Good to know. The grain was originally the weight of a single barley seed, making it one of the oldest surviving mass units in use.
Silver price per Grain in CAD — quick conversion table
| Quantity | Grams | Troy ounces | Value (CAD) |
|---|---|---|---|
| 1 grain | 0.065 g | 0.0021 oz t | — |
| 5 grains | 0.324 g | 0.0104 oz t | — |
| 10 grains | 0.648 g | 0.0208 oz t | — |
| 100 grains | 6.48 g | 0.2083 oz t | — |
Values are calculated from the live XAG spot price converted into Canadian Dollar and refresh with the price above.
Buying Silver in Canada: local market, taxes and premiums
At the live price shown above per grain, the price you see here is the international XAG spot price converted into Canadian Dollar. Physical buyers in Canada pay that reference plus a premium, and local trading is concentrated around Toronto and the Royal Canadian Mint distribution network. Buyers there generally watch the LBMA price converted at the Bank of Canada daily rate as the day's reference.
Taxes and duties. Platinum must be 99.95% to be zero-rated; numismatic and lower-purity items are taxed at the provincial rate. Silver is bulkier and cheaper per unit, so shipping, storage and consumption taxes matter far more to the final price than they do for gold. That is why the shop price of silver in CAD can sit noticeably above the spot value of the same grain of metal.
How people usually buy. The common routes in Canada are Royal Canadian Mint, bank-linked bullion desks, online dealers and TSX-listed metal trusts. The products most often quoted locally include Gold Maple Leaf, Silver Maple Leaf, RCM 1 kg bars, Maplegram sheets.
Local conventions. The Maple Leaf is struck at 99.99% fineness, one of the purest mass-market bullion coins available. Before you buy, compare the dealer's asking price per grain with the live silver price above, and check the buy-back spread the same dealer offers — that round-trip cost matters more than a small difference in the headline CAD quote.
Market information only, updated with live prices. Not tax or investment advice; tax rules in Canada can change.
Other Precious Metals in CAD
Compare prices across different precious metals
About Silver Price in CAD
What is Silver?
Silver is a chemical element with symbol Ag and atomic number 47. It is a soft, white, lustrous transition metal with the highest electrical conductivity of any element.
History
Silver has been known since ancient times. It was one of the first five metals discovered by humans, along with gold, copper, lead, and iron.
Common Uses
Interesting Facts
- •Silver has the highest electrical conductivity of any element
- •Silver has antimicrobial properties
- •The word 'silver' appears in many languages as a root for 'money'
Silver Price Per Grain in Canadian Dollar
The current silver price per grain in Canadian Dollar (CAD) is updated in real-time based on international market rates. Silver is traded globally and its price fluctuates based on supply and demand, economic conditions, and geopolitical factors.
When buying or selling silver in Canada, it's important to understand that prices are typically quoted in troy ounces on international markets. Our converter helps you easily calculate the price in grains, which may be more practical for local transactions.
The grain is the smallest unit of weight in the troy system, equal to 1/480 of a troy ounce. This unit is commonly used when trading silver in various markets around the world.
Silver Long-Term Returns vs Current CAD Price
How silver has performed over 1, 5, 10, and 20 years against today's spot price (USD/oz). Useful for Canada investors tracking silver in CAD.
| Period | Start date | Price then | Return |
|---|
Historical prices are approximate annual averages, interpolated between anchor years (1980–2026).
Silver price in CAD – FAQ
How much does one ounce of silver cost in CAD today?
One troy ounce of silver currently costs approximately the live spot price shown on this page. This live spot price is refreshed every 5 minutes from MetalflowAPI market data and reflects the international XAG/CAD rate.
What is the current silver rate in Canada today?
The current silver rate in Canada is the live spot price shown on this page per grain. Prices refresh every 5 minutes and follow the international Silver spot price converted to Canadian Dollar.
How much is 1 grain of silver in CAD?
1 grain of silver equals the live spot price shown on this page today. This is calculated from the live spot price per troy ounce, converted via the CAD exchange rate (1 grain = 0.0648 grams).
How is the silver price per grain calculated?
The silver price per grain is calculated by converting the international spot price (quoted per troy ounce in USD) to CAD using the current exchange rate, then converting to the grain weight unit (1 grain = 0.0648 grams).
Do I pay tax or VAT when buying silver in Canada?
Platinum must be 99.95% to be zero-rated; numismatic and lower-purity items are taxed at the provincial rate. Always confirm the current rule with the dealer, because the tax treatment changes the real cost per grain more than small differences in the CAD spot quote.
Where do people usually buy silver in Canada?
The usual routes are Royal Canadian Mint, bank-linked bullion desks, online dealers, TSX-listed metal trusts. Local trading is centred on Toronto and the Royal Canadian Mint distribution network, and the products most often quoted are Gold Maple Leaf, Silver Maple Leaf, RCM 1 kg bars, Maplegram sheets.
Why is the shop price of silver higher than the spot price in CAD?
Retail prices add a dealer premium covering refining, minting, shipping, insurance and margin, plus any local tax. Silver is bulkier and cheaper per unit, so shipping, storage and consumption taxes matter far more to the final price than they do for gold. Compare the asking price per grain with the live spot value above, and check the dealer's buy-back spread.
Which price reference does the Canada silver market follow?
Local buyers generally follow the LBMA price converted at the Bank of Canada daily rate, converted into Canadian Dollar (CAD). The Maple Leaf is struck at 99.99% fineness, one of the purest mass-market bullion coins available.