🇮🇸 Iceland
Silver Price in Iceland Today (ISK)
Live silver rates in ISK, converted from the spot price in real time.
Silver per gram
kr258.98
ISK · spot · updates every minute
Silver / Gram
kr258.98
Silver / Tola
kr3,020.68
Silver / Troy Ounce
kr8,055.16
Silver / Kilogram
kr258,979.30
Other countries
Popular silver weights in Iceland
Silver coin melt values in Iceland
About silver in Iceland
Silver market in Iceland
The silver market in Iceland tracks the London Bullion Market Association (LBMA) spot benchmark. Retail rates are converted from USD into ISK using the daily interbank exchange rate, then adjusted for local premiums, dealer margins and demand.
Taxes and import duties
Import duty and value-added tax in Iceland vary by silver form. Investment-grade bullion (silver of 99.9% purity or higher) is often exempt from VAT in many jurisdictions, while jewellery attracts standard VAT plus a making charge.
Popular purities
The two dominant purities are .999 (fine silver) for bars and coins, and .925 (sterling) for jewellery and cutlery. Both should carry a stamp visible with a loupe.
Where to buy silver in Iceland
Licensed bullion dealers, national mints, major bank branches and government-authorised jewellery associations are the safest routes in Iceland. Online marketplaces and unlisted shops carry higher counterfeit risk and wider spreads.
Buying tip
Compare the shop's quoted per-gram rate against the live LBMA spot converted at the day's ISK rate. A premium over spot of 3–7% for coins and 1–4% for bars is normal — anything higher is usually the making charge.