Silver market chart
Historical benchmark in ZAR per troy ounce; weight conversions are shown in the tables.
Silver Price Chart in ZAR per Tael (Hong Kong)
Live silver price history in South African Rand (ZAR) per tael (hong kong). Toggle 24H, 7D, 30D, and 1Y ranges to analyze silver trends.
Quick Calculator
Calculate silver value
= 37.4290 grams
= 1.203370 troy ounces
Price per tael: —
Silver price by currency
Fine silver per tael (hong kong) · current exchange rates
—
US Dollar
—
Euro
—
British Pound
—
Japanese Yen
—
Swiss Franc
—
Australian Dollar
—
Canadian Dollar
—
Indian Rupee
—
Chinese Yuan
—
Singapore Dollar
—
Hong Kong Dollar
—
UAE Dirham
—
Saudi Riyal
—
Mexican Peso
—
Brazilian Real
—
South Korean Won
—
South African Rand
—
Russian Ruble
—
Turkish Lira
—
Polish Zloty
—
Thai Baht
—
Malaysian Ringgit
—
Indonesian Rupiah
—
Philippine Peso
—
Vietnamese Dong
—
New Zealand Dollar
—
Swedish Krona
—
Norwegian Krone
—
Danish Krone
—
Czech Koruna
—
Taiwan Dollar
Silver price by weight
| Weight | Grams | Spot value (ZAR) |
|---|---|---|
| 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 Tael (Hong Kong)? Silver weight, conversions and local use
Definition. The Hong Kong tael (37.429 g, 1.20337 troy ounces) is the contract unit of the Chinese Gold & Silver Exchange Society. Locally it is written 司馬両. One tael (hong kong) equals 37.429 grams, or 1.20337 troy ounces, which at today's silver spot price works out to — ZAR.
Where it is used. Hong Kong dealers quote loco-HK gold in taels, and 5-tael cast bars are the classic regional investment format. The unit is the trading standard in Hong Kong.
Pricing conventions. The local tael quote can trade at a small premium or discount to the London ounce price, and that spread is watched as an indicator of mainland Chinese demand. 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. Hong Kong jewellery is also sold in 'chi' and 'fan' — one tenth and one hundredth of a tael respectively.
Silver price per Tael (Hong Kong) in ZAR — quick conversion table
| Quantity | Grams | Troy ounces | Value (ZAR) |
|---|---|---|---|
| 1 tael (hong kong) | 37.429 g | 1.2034 oz t | — |
| 5 tael (hong kong)s | 187.145 g | 6.0169 oz t | — |
| 10 tael (hong kong)s | 374.29 g | 12.0337 oz t | — |
| 100 tael (hong kong)s | 3,742.9 g | 120.3370 oz t | — |
Values are calculated from the live XAG spot price converted into South African Rand and refresh with the price above.
Buying Silver in South Africa: local market, taxes and premiums
At the live price shown above per tael (hong kong), the price you see here is the international XAG spot price converted into South African Rand. Physical buyers in South Africa pay that reference plus a premium, and local trading is concentrated around Johannesburg, historically the centre of world gold mining. Buyers there generally watch the Rand Refinery price in rand per ounce as the day's reference.
Taxes and duties. South Africa is the leading platinum and palladium producer, but retail investment products in those metals remain thin. 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 ZAR can sit noticeably above the spot value of the same tael (hong kong) of metal.
How people usually buy. The common routes in South Africa are SA Mint and Rand Refinery distributors, bank bullion desks, coin dealers and JSE-listed metal ETFs. The products most often quoted locally include Krugerrand, Protea and Natura coins, 1 oz platinum coins.
Local conventions. The Krugerrand, struck at 22 carat with one full ounce of fine gold, is the local standard and trades globally. Before you buy, compare the dealer's asking price per tael (hong kong) 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 ZAR quote.
Market information only, updated with live prices. Not tax or investment advice; tax rules in South Africa can change.
Other Precious Metals in ZAR
Compare prices across different precious metals
About Silver Price in ZAR
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 Tael (Hong Kong) in South African Rand
The current silver price per tael (hong kong) in South African Rand (ZAR) 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 Africa, 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 tael (hong kong)s, which may be more practical for local transactions.
The Hong Kong tael is the most widely traded tael for gold and silver, equal to 37.429 grams (1.20337 troy ounces). It is the standard tael used by the Chinese Gold & Silver Exchange Society. This unit is commonly used when trading silver in various markets around the world.
Silver Long-Term Returns vs Current ZAR Price
How silver has performed over 1, 5, 10, and 20 years against today's spot price (USD/oz). Useful for South Africa investors tracking silver in ZAR.
| Period | Start date | Price then | Return |
|---|
Historical prices are approximate annual averages, interpolated between anchor years (1980–2026).
Silver price in ZAR – FAQ
How much does one ounce of silver cost in ZAR 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/ZAR rate.
What is the current silver rate in South Africa today?
The current silver rate in South Africa is the live spot price shown on this page per tael (hong kong). Prices refresh every 5 minutes and follow the international Silver spot price converted to South African Rand.
How much is 1 tael (hong kong) of silver in ZAR?
1 tael (hong kong) 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 ZAR exchange rate (1 tael (hong kong) = 37.429 grams).
How is the silver price per tael (hong kong) calculated?
The silver price per tael (hong kong) is calculated by converting the international spot price (quoted per troy ounce in USD) to ZAR using the current exchange rate, then converting to the tael (hong kong) weight unit (1 tael (hong kong) = 37.429 grams).
Do I pay tax or VAT when buying silver in South Africa?
South Africa is the leading platinum and palladium producer, but retail investment products in those metals remain thin. Always confirm the current rule with the dealer, because the tax treatment changes the real cost per tael (hong kong) more than small differences in the ZAR spot quote.
Where do people usually buy silver in South Africa?
The usual routes are SA Mint and Rand Refinery distributors, bank bullion desks, coin dealers, JSE-listed metal ETFs. Local trading is centred on Johannesburg, historically the centre of world gold mining, and the products most often quoted are Krugerrand, Protea and Natura coins, 1 oz platinum coins.
Why is the shop price of silver higher than the spot price in ZAR?
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 tael (hong kong) with the live spot value above, and check the dealer's buy-back spread.
Which price reference does the South Africa silver market follow?
Local buyers generally follow the Rand Refinery price in rand per ounce, converted into South African Rand (ZAR). The Krugerrand, struck at 22 carat with one full ounce of fine gold, is the local standard and trades globally.