Silver market chart
Historical benchmark in NOK per troy ounce; weight conversions are shown in the tables.
Silver Price Chart in NOK per Don
Live silver price history in Norwegian Krone (NOK) per don. Toggle 24H, 7D, 30D, and 1Y ranges to analyze silver trends.
Quick Calculator
Calculate silver value
= 3.7500 grams
= 0.120565 troy ounces
Price per don: —
Silver price by currency
Fine silver per don · 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 (NOK) |
|---|---|---|
| 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 Don? Silver weight, conversions and local use
Definition. The don (3.75 g) is the Korean unit for gold, used for every traditional gift item. Locally it is written 돈. One don equals 3.75 grams, or 0.12057 troy ounces, which at today's silver spot price works out to — NOK.
Where it is used. First-birthday (dol) gold rings are classically one don, and jewellery shops in Jongno quote buy and sell rates per don daily. The unit is the trading standard in South Korea.
Pricing conventions. Korean shops add a workmanship charge on top of the metal value and buy back at a discount, so the round-trip cost on a one-don ring can be significant relative to its metal content. 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. Ten don make one nyang (37.5 g), the Korean equivalent of the tael.
Silver price per Don in NOK — quick conversion table
| Quantity | Grams | Troy ounces | Value (NOK) |
|---|---|---|---|
| 1 don | 3.75 g | 0.1206 oz t | — |
| 5 dons | 18.75 g | 0.6028 oz t | — |
| 10 dons | 37.5 g | 1.2057 oz t | — |
| 100 dons | 375 g | 12.0565 oz t | — |
Values are calculated from the live XAG spot price converted into Norwegian Krone and refresh with the price above.
Buying Silver in Norway: local market, taxes and premiums
At the live price shown above per don, the price you see here is the international XAG spot price converted into Norwegian Krone. Physical buyers in Norway pay that reference plus a premium, and local trading is concentrated around Oslo, with dealers importing from continental Europe. Buyers there generally watch the LBMA price converted at the Norges Bank daily rate as the day's reference.
Taxes and duties. Silver, platinum and palladium carry 25% VAT, so most Norwegian silver investors buy stored metal abroad. 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 NOK can sit noticeably above the spot value of the same don of metal.
How people usually buy. The common routes in Norway are Norwegian bullion dealers, European online dealers with insured shipping, bank deposit boxes and ETCs. The products most often quoted locally include 1 oz bullion coins, 100 g bars, vaulted allocated grams.
Local conventions. Because Norway is outside the EU customs union, imports need customs declaration even when the metal itself is VAT-free. Before you buy, compare the dealer's asking price per don 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 NOK quote.
Market information only, updated with live prices. Not tax or investment advice; tax rules in Norway can change.
Other Precious Metals in NOK
Compare prices across different precious metals
About Silver Price in NOK
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 Don in Norwegian Krone
The current silver price per don in Norwegian Krone (NOK) 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 Norway, 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 dons, which may be more practical for local transactions.
The don is a Korean unit of weight for gold, equal to 3.75 grams. This unit is commonly used when trading silver in various markets around the world.
Silver Long-Term Returns vs Current NOK Price
How silver has performed over 1, 5, 10, and 20 years against today's spot price (USD/oz). Useful for Norway investors tracking silver in NOK.
| Period | Start date | Price then | Return |
|---|
Historical prices are approximate annual averages, interpolated between anchor years (1980–2026).
Silver price in NOK – FAQ
How much does one ounce of silver cost in NOK 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/NOK rate.
What is the current silver rate in Norway today?
The current silver rate in Norway is the live spot price shown on this page per don. Prices refresh every 5 minutes and follow the international Silver spot price converted to Norwegian Krone.
How much is 1 don of silver in NOK?
1 don 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 NOK exchange rate (1 don = 3.75 grams).
How is the silver price per don calculated?
The silver price per don is calculated by converting the international spot price (quoted per troy ounce in USD) to NOK using the current exchange rate, then converting to the don weight unit (1 don = 3.75 grams).
Do I pay tax or VAT when buying silver in Norway?
Silver, platinum and palladium carry 25% VAT, so most Norwegian silver investors buy stored metal abroad. Always confirm the current rule with the dealer, because the tax treatment changes the real cost per don more than small differences in the NOK spot quote.
Where do people usually buy silver in Norway?
The usual routes are Norwegian bullion dealers, European online dealers with insured shipping, bank deposit boxes, ETCs. Local trading is centred on Oslo, with dealers importing from continental Europe, and the products most often quoted are 1 oz bullion coins, 100 g bars, vaulted allocated grams.
Why is the shop price of silver higher than the spot price in NOK?
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 don with the live spot value above, and check the dealer's buy-back spread.
Which price reference does the Norway silver market follow?
Local buyers generally follow the LBMA price converted at the Norges Bank daily rate, converted into Norwegian Krone (NOK). Because Norway is outside the EU customs union, imports need customs declaration even when the metal itself is VAT-free.