For the current value of 1 troy ounce of silver visit CNN Money. As of July 17, 2013 the value of 1 troy ounce of silver is $19.94.
1 troy ounce = 31.1034768 grams or 1.09714 U.S. ounces. It is usually merely referred to as an oz.
Silver has the highest electrical and thermal conductivity of the metals, but its greater cost has prevented it from being widely used for electrical purposes. The name silver derived from the Old English Anglo-Saxon word 'seolfor' meaning silver. Leading producers are Mexico, Russia, USA, Australia and Canada.
For a current analysis of the flux of silver pricing, visit Silver Investing News.