Silver market chart
Historical benchmark in JPY per troy ounce; weight conversions are shown in the tables.
Silver Price Chart in JPY per Troy Ounce
Live silver price history in Japanese Yen (JPY) per troy ounce. Toggle 24H, 7D, 30D, and 1Y ranges to analyze silver trends.
Quick Calculator
Calculate silver value
= 31.1035 grams
= 1.000001 troy ounces
Price per oz t: —
Silver price by currency
Fine silver per troy ounce · current exchange rates
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Silver price by weight
| Weight | Grams | Spot value (JPY) |
|---|---|---|
| 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 Troy Ounce? Silver weight, conversions and local use
Definition. The troy ounce (31.1035 g) is the settlement unit of the London and COMEX markets, so it is the number every other quote is derived from. One troy ounce equals 31.1035 grams, or 1.00000 troy ounces, which at today's silver spot price works out to — JPY.
Where it is used. Bullion bars and coins are struck in 1 oz, 10 oz and 100 oz sizes, and dealer spreads are quoted as a premium over the ounce spot price. The unit is the trading standard in global wholesale markets.
Pricing conventions. Because the ounce is the contract unit, it carries the tightest spread of any weight: retail premiums on a 1 oz coin typically run a few percent, while a 400 oz good-delivery bar trades near spot. 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 troy ounce is heavier than the everyday avoirdupois ounce (28.35 g) — a mix-up of roughly 10% that still catches out first-time buyers.
Silver price per Troy Ounce in JPY — quick conversion table
| Quantity | Grams | Troy ounces | Value (JPY) |
|---|---|---|---|
| 1 troy ounce | 31.104 g | 1.0000 oz t | — |
| 5 troy ounces | 155.518 g | 5.0000 oz t | — |
| 10 troy ounces | 311.035 g | 10.0000 oz t | — |
| 100 troy ounces | 3,110.35 g | 100.0001 oz t | — |
Values are calculated from the live XAG spot price converted into Japanese Yen and refresh with the price above.
Buying Silver in Japan: local market, taxes and premiums
At the live price shown above per troy ounce, the price you see here is the international XAG spot price converted into Japanese Yen. Physical buyers in Japan pay that reference plus a premium, and local trading is concentrated around Tokyo, where Tanaka Kikinzoku and Mitsubishi Materials set retail quotes. Buyers there generally watch the domestic per-gram retail price published each morning by the major refiners as the day's reference.
Taxes and duties. Silver, platinum and palladium are also sold with 10% consumption tax; Japan is one of the deepest retail platinum markets in the world. 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 JPY can sit noticeably above the spot value of the same troy ounce of metal.
How people usually buy. The common routes in Japan are Tanaka Kikinzoku shops, department-store precious metal counters, monthly gold accumulation plans (junkin tsumitate) and TOCOM futures. The products most often quoted locally include 500 g and 1 kg Tanaka bars, platinum bars, momme-weight jewellery.
Local conventions. Traditional weights such as the momme (3.75 g) are still used for pearls and some jewellery, while bullion is quoted per gram. Before you buy, compare the dealer's asking price per troy ounce 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 JPY quote.
Market information only, updated with live prices. Not tax or investment advice; tax rules in Japan can change.
Other Precious Metals in JPY
Compare prices across different precious metals
About Silver Price in JPY
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 Troy Ounce in Japanese Yen
The current silver price per troy ounce in Japanese Yen (JPY) 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 Japan, 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 troy ounces, which may be more practical for local transactions.
The troy ounce is the standard unit for measuring precious metals. It equals approximately 31.1 grams. This unit is commonly used when trading silver in various markets around the world.
Silver Long-Term Returns vs Current JPY Price
How silver has performed over 1, 5, 10, and 20 years against today's spot price (USD/oz). Useful for Japan investors tracking silver in JPY.
| Period | Start date | Price then | Return |
|---|
Historical prices are approximate annual averages, interpolated between anchor years (1980–2026).
Silver price in JPY – FAQ
How much does one ounce of silver cost in JPY 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/JPY rate.
What is the current silver rate in Japan today?
The current silver rate in Japan is the live spot price shown on this page per troy ounce. Prices refresh every 5 minutes and follow the international Silver spot price converted to Japanese Yen.
How much is 1 troy ounce of silver in JPY?
1 troy ounce 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 JPY exchange rate (1 troy ounce = 31.1035 grams).
How is the silver price per troy ounce calculated?
The silver price per troy ounce is calculated by converting the international spot price (quoted per troy ounce in USD) to JPY using the current exchange rate, then converting to the troy ounce weight unit (1 troy ounce = 31.1035 grams).
Do I pay tax or VAT when buying silver in Japan?
Silver, platinum and palladium are also sold with 10% consumption tax; Japan is one of the deepest retail platinum markets in the world. Always confirm the current rule with the dealer, because the tax treatment changes the real cost per troy ounce more than small differences in the JPY spot quote.
Where do people usually buy silver in Japan?
The usual routes are Tanaka Kikinzoku shops, department-store precious metal counters, monthly gold accumulation plans (junkin tsumitate), TOCOM futures. Local trading is centred on Tokyo, where Tanaka Kikinzoku and Mitsubishi Materials set retail quotes, and the products most often quoted are 500 g and 1 kg Tanaka bars, platinum bars, momme-weight jewellery.
Why is the shop price of silver higher than the spot price in JPY?
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 troy ounce with the live spot value above, and check the dealer's buy-back spread.
Which price reference does the Japan silver market follow?
Local buyers generally follow the domestic per-gram retail price published each morning by the major refiners, converted into Japanese Yen (JPY). Traditional weights such as the momme (3.75 g) are still used for pearls and some jewellery, while bullion is quoted per gram.