Silver market chart
Historical benchmark in KRW per troy ounce; weight conversions are shown in the tables.
Silver Price Chart in KRW per Kilogram
Live silver price history in South Korean Won (KRW) per kilogram. Toggle 24H, 7D, 30D, and 1Y ranges to analyze silver trends.
Quick Calculator
Calculate silver value
= 1000.0000 grams
= 32.150747 troy ounces
Price per kg: —
Silver price by currency
Fine silver per kilogram · current exchange rates
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Silver price by weight
| Weight | Grams | Spot value (KRW) |
|---|---|---|
| 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 Kilogram? Silver weight, conversions and local use
Definition. The kilogram bar is the workhorse of the Asian wholesale market and the deliverable size on the Shanghai Gold Exchange. One kilogram equals 1000 grams, or 32.15075 troy ounces, which at today's silver spot price works out to — KRW.
Where it is used. Refiners, banks and large dealers move metal in 1 kg bars; for silver the standard wholesale unit is a 1 000 oz or 30 kg bar. The unit is the trading standard in wholesale and institutional trade.
Pricing conventions. Kilogram pricing shows the smallest premium of any retail-accessible size, which is why dealers quote it when comparing buy-back offers or valuing an entire holding. 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. A kilogram equals 32.1507 troy ounces — not 32, a difference worth several hundred currency units at today's gold price.
Silver price per Kilogram in KRW — quick conversion table
| Quantity | Grams | Troy ounces | Value (KRW) |
|---|---|---|---|
| 1 kilogram | 1,000 g | 32.1507 oz t | — |
| 5 kilograms | 5,000 g | 160.7537 oz t | — |
| 10 kilograms | 10,000 g | 321.5075 oz t | — |
| 100 kilograms | 100,000 g | 3215.0747 oz t | — |
Values are calculated from the live XAG spot price converted into South Korean Won and refresh with the price above.
Buying Silver in South Korea: local market, taxes and premiums
At the live price shown above per kilogram, the price you see here is the international XAG spot price converted into South Korean Won. Physical buyers in South Korea pay that reference plus a premium, and local trading is concentrated around Seoul's Jongno gold district and the KRX Gold Market. Buyers there generally watch the KRX gold price in won per gram as the day's reference.
Taxes and duties. Silver, platinum and palladium carry 10% VAT in retail form with no equivalent tax-free exchange route. 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 KRW can sit noticeably above the spot value of the same kilogram of metal.
How people usually buy. The common routes in South Korea are KRX Gold Market accounts, bank gold banking accounts, Jongno wholesale jewellers and online dealers. The products most often quoted locally include 3.75 g don units, 100 g and 1 kg bars, 24K gift coins.
Local conventions. Korean gold is traded in don (돈), a 3.75 g unit used for baby-gift rings and traditional jewellery, alongside gram-based bars. Before you buy, compare the dealer's asking price per kilogram 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 KRW quote.
Market information only, updated with live prices. Not tax or investment advice; tax rules in South Korea can change.
Other Precious Metals in KRW
Compare prices across different precious metals
About Silver Price in KRW
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 Kilogram in South Korean Won
The current silver price per kilogram in South Korean Won (KRW) 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 South Korea, 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 kilograms, which may be more practical for local transactions.
The kilogram is the base unit of mass in the International System of Units. This unit is commonly used when trading silver in various markets around the world.
Silver Long-Term Returns vs Current KRW Price
How silver has performed over 1, 5, 10, and 20 years against today's spot price (USD/oz). Useful for South Korea investors tracking silver in KRW.
| Period | Start date | Price then | Return |
|---|
Historical prices are approximate annual averages, interpolated between anchor years (1980–2026).
Silver price in KRW – FAQ
How much does one ounce of silver cost in KRW 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/KRW rate.
What is the current silver rate in South Korea today?
The current silver rate in South Korea is the live spot price shown on this page per kilogram. Prices refresh every 5 minutes and follow the international Silver spot price converted to South Korean Won.
How much is 1 kilogram of silver in KRW?
1 kilogram 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 KRW exchange rate (1 kilogram = 1000 grams).
How is the silver price per kilogram calculated?
The silver price per kilogram is calculated by converting the international spot price (quoted per troy ounce in USD) to KRW using the current exchange rate, then converting to the kilogram weight unit (1 kilogram = 1000 grams).
Do I pay tax or VAT when buying silver in South Korea?
Silver, platinum and palladium carry 10% VAT in retail form with no equivalent tax-free exchange route. Always confirm the current rule with the dealer, because the tax treatment changes the real cost per kilogram more than small differences in the KRW spot quote.
Where do people usually buy silver in South Korea?
The usual routes are KRX Gold Market accounts, bank gold banking accounts, Jongno wholesale jewellers, online dealers. Local trading is centred on Seoul's Jongno gold district and the KRX Gold Market, and the products most often quoted are 3.75 g don units, 100 g and 1 kg bars, 24K gift coins.
Why is the shop price of silver higher than the spot price in KRW?
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 kilogram with the live spot value above, and check the dealer's buy-back spread.
Which price reference does the South Korea silver market follow?
Local buyers generally follow the KRX gold price in won per gram, converted into South Korean Won (KRW). Korean gold is traded in don (돈), a 3.75 g unit used for baby-gift rings and traditional jewellery, alongside gram-based bars.