Silver Price in CAD
1 oz Silver = 73.1881 CAD · 1 g Silver = 2.3531 CAD
Provider's last update: 2026-10-29 21:20 UTC · Source: gold-api.com (time reported by the provider; it may be when the provider last checked the price, not the last market trade)
USD→CAD conversion: ECB reference rate of 2026-10-29
Silver to CAD by weight
1 troy ounce of silver = 73.188 CAD
Troy ounce (31.1035 g) — the standard unit for precious metals, not the 28.35 g ounce used for food.
Spot value of the pure metal. A jeweller's or dealer's buying and selling prices are different.
Quick Stats
Silver to CAD — Common Amounts
| Amount | Value (CAD) |
|---|---|
| 1 g Silver | 2.35 CAD |
| 5 g Silver | 11.77 CAD |
| 10 g Silver | 23.53 CAD |
| 20 g Silver | 47.06 CAD |
| 50 g Silver | 117.65 CAD |
| 100 g Silver | 235.31 CAD |
| 1 oz Silver | 73.19 CAD |
| 5 oz Silver | 365.94 CAD |
| 10 oz Silver | 731.88 CAD |
About Silver as an Asset
Silver bridges the worlds of precious metals and industrial commodities. While it shares gold's monetary heritage as a store of value and safe haven, a large share of silver demand comes from industrial applications — solar panels, electronics, electric vehicles, medical devices, and more. Because a large part of its demand comes from industry, silver's price responds to manufacturing activity and the pace of the energy transition as well as to investment demand.
💡 Silver has the highest electrical conductivity of any metal, which is why it remains in use in solar cells, EV components, electrical contacts and telecommunications equipment.
What Drives Silver Prices
- Solar panel manufacturing — silver paste is used in photovoltaic cells, so growth in solar capacity adds to demand
- Industrial production cycles — much of silver demand comes from manufacturing, so the price also reacts to factory activity, not only to investment demand
- Gold prices — silver often moves with gold, but with larger swings in both directions
- US Dollar strength and real interest rates — same inverse relationship as gold
- Mining supply — much of the world's silver is produced as a by-product of copper, lead, and zinc mining, so supply responds slowly to silver prices
- EV and electronics manufacturing — silver's conductivity makes it hard to replace in many applications
Editorial content last reviewed: 2026-10-22
Silver & CAD — Local Context
Canada mines silver mostly alongside base metals and gold, and many mining companies with silver operations are listed in Canada. The CAD silver price therefore links global silver prices with Canada's resource sector.