Silver market chart
Historical benchmark in AUD per troy ounce; weight conversions are shown in the tables.
Silver Price Chart in AUD per Tola
Live silver price history in Australian Dollar (AUD) per tola. Toggle 24H, 7D, 30D, and 1Y ranges to analyze silver trends.
Quick Calculator
Calculate silver value
= 11.6638 grams
= 0.375000 troy ounces
Price per tola: —
Silver price by currency
Fine silver per tola · 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 (AUD) |
|---|---|---|
| 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 Tola? Silver weight, conversions and local use
Definition. The tola (11.6638 g) is the traditional South Asian unit for gold and remains the standard quote in Indian and Gulf jewellery shops. Locally it is written तोला. One tola equals 11.6638 grams, or 0.37500 troy ounces, which at today's silver spot price works out to — AUD.
Where it is used. Ten-tola bars ('TT bars', 116.64 g) are the classic Dubai-to-India trade format, and wedding jewellery is still ordered by the tola. The unit is the trading standard in India, Pakistan, Nepal and the Gulf.
Pricing conventions. Indian shops quote a tola rate for 22K (0.916) rather than pure metal, then add making charges of 8–25%. Gulf shops quote 24K per tola or per gram and charge a smaller fixed making fee. 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 tola was once the weight of a British India silver rupee, which is why the unit is tied so closely to jewellery and savings culture.
Silver price per Tola in AUD — quick conversion table
| Quantity | Grams | Troy ounces | Value (AUD) |
|---|---|---|---|
| 1 tola | 11.664 g | 0.3750 oz t | — |
| 5 tolas | 58.319 g | 1.8750 oz t | — |
| 10 tolas | 116.638 g | 3.7500 oz t | — |
| 100 tolas | 1,166.38 g | 37.5000 oz t | — |
Values are calculated from the live XAG spot price converted into Australian Dollar and refresh with the price above.
Buying Silver in Australia: local market, taxes and premiums
At the live price shown above per tola, the price you see here is the international XAG spot price converted into Australian Dollar. Physical buyers in Australia pay that reference plus a premium, and local trading is concentrated around Perth, home of the government-guaranteed Perth Mint. Buyers there generally watch the Perth Mint spot feed in AUD per ounce as the day's reference.
Taxes and duties. Silver must be 99.9% and platinum 99% to be GST-free; anything below those thresholds, including jewellery, attracts 10% GST. 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 AUD can sit noticeably above the spot value of the same tola of metal.
How people usually buy. The common routes in Australia are Perth Mint depository, ABC Bullion and other national dealers, online dealers and ASX-listed metal ETFs. The products most often quoted locally include Perth Mint Kangaroo, Lunar series coins, 1 kg silver bars, unallocated depository accounts.
Local conventions. The Perth Mint's depository programme lets buyers hold allocated or unallocated metal without taking delivery. Before you buy, compare the dealer's asking price per tola 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 AUD quote.
Market information only, updated with live prices. Not tax or investment advice; tax rules in Australia can change.
Other Precious Metals in AUD
Compare prices across different precious metals
About Silver Price in AUD
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 Tola in Australian Dollar
The current silver price per tola in Australian Dollar (AUD) 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 Australia, 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 tolas, which may be more practical for local transactions.
The tola is a traditional Indian unit of weight, still commonly used for gold in South Asia. This unit is commonly used when trading silver in various markets around the world.
Silver Long-Term Returns vs Current AUD Price
How silver has performed over 1, 5, 10, and 20 years against today's spot price (USD/oz). Useful for Australia investors tracking silver in AUD.
| Period | Start date | Price then | Return |
|---|
Historical prices are approximate annual averages, interpolated between anchor years (1980–2026).
Silver price in AUD – FAQ
How much does one ounce of silver cost in AUD 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/AUD rate.
What is the current silver rate in Australia today?
The current silver rate in Australia is the live spot price shown on this page per tola. Prices refresh every 5 minutes and follow the international Silver spot price converted to Australian Dollar.
How much is 1 tola of silver in AUD?
1 tola 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 AUD exchange rate (1 tola = 11.6638 grams).
How is the silver price per tola calculated?
The silver price per tola is calculated by converting the international spot price (quoted per troy ounce in USD) to AUD using the current exchange rate, then converting to the tola weight unit (1 tola = 11.6638 grams).
Do I pay tax or VAT when buying silver in Australia?
Silver must be 99.9% and platinum 99% to be GST-free; anything below those thresholds, including jewellery, attracts 10% GST. Always confirm the current rule with the dealer, because the tax treatment changes the real cost per tola more than small differences in the AUD spot quote.
Where do people usually buy silver in Australia?
The usual routes are Perth Mint depository, ABC Bullion and other national dealers, online dealers, ASX-listed metal ETFs. Local trading is centred on Perth, home of the government-guaranteed Perth Mint, and the products most often quoted are Perth Mint Kangaroo, Lunar series coins, 1 kg silver bars, unallocated depository accounts.
Why is the shop price of silver higher than the spot price in AUD?
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 tola with the live spot value above, and check the dealer's buy-back spread.
Which price reference does the Australia silver market follow?
Local buyers generally follow the Perth Mint spot feed in AUD per ounce, converted into Australian Dollar (AUD). The Perth Mint's depository programme lets buyers hold allocated or unallocated metal without taking delivery.