Silver is near 80 dollars an ounce this morning, while gold is sitting around 4,713 dollars an ounce. For New Jersey sellers, that means sterling, silver coins, gold chains, and broken jewelry are still worth a real look before they go back in a drawer.
This is a strong market with silver doing more of the talking this week.
What moved this week
Our metals feed has gold at 4,713. 48 dollars per troy ounce and silver at 80.
36 dollars per troy ounce as of May 8, 2026 at 5:46 AM Eastern. Gold is basically flat over the last day.
Silver is up about 0. 7% over the last day and about 8.
3% from the May 1 reading in our price log.
That matches the Friday news scrape. The strongest story was a May 6 precious metals surge report, and the top theme across the feed was silver price movement. Several May 8 market stories were still tracking higher silver prices, even when gold was described as steadier.
Current price snapshot for sellers
| Item | Current market math | What it means before buyer margin |
|---|---|---|
| Gold | 4,713.48 dollars/oz, about 151.54 dollars/gram | Pure 24K gold is still pricing high |
| 14K gold jewelry | 58.3% gold purity | Raw gold content is about 88.35 dollars/gram |
| Silver | 80.36 dollars/oz, about 2.58 dollars/gram | Silver-heavy items are worth a second look |
| Sterling silver | 92.5% silver purity | Raw silver content is about 2.39 dollars/gram |
| 90% silver coinage | About 0.715 troy oz silver per 1 dollars face value | Raw silver content is about 57.46 dollars per 1 dollars face value |
These are metal-content numbers, not final offers. Any real offer still depends on testing, weight, purity, condition, and the buyer's spread.
What this means for silver and gold
Silver is the thing to watch right now. A lot of people ignore silver because gold gets the headlines, but at 80 dollars an ounce, heavier sterling pieces and coin lots can surprise you.
Gold did not make the loudest move this week, but it is still strong. At 4,713.48 dollars an ounce, 10 grams of 14K gold has about 883 dollars in raw gold content before buyer margin.
Broken pieces still matter too. A bent ring, tangled chain, single earring, or bracelet with missing stones can still carry solid melt value. The condition may affect resale jewelry value, but the gold content is still the gold content.
For the next step, use our sell silver page, sell gold page, or locations page. For more math, see how much 1 oz of gold is worth.
Frequently asked questions
Is now a good time to sell silver in NJ? Yes, silver is strong this week at about 80.36 dollars per troy ounce, so sterling, junk silver, rounds, and coin lots are worth checking.
Is gold still worth selling if it did not jump as much as silver? Yes, gold is still high at about 4,713.48 dollars per troy ounce, so even a small bag of 14K jewelry can carry real melt value.
**How much is sterling silver worth today? ** Sterling silver is 92.
5% silver, so its raw metal value is about 2. 39 dollars per gram when silver is 80.
36 dollars per troy ounce.
Should I clean old silver coins before selling them? No, do not clean silver coins before an appraisal because cleaning can hurt collector value.
Updated May 8, 2026 with live metals.dev spot prices and the latest Friday market scrape.
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