🇲🇾 Malaysia
Silver Price in Malaysia Today (MYR)
Live silver rates in MYR, converted from the spot price in real time.
Silver per gram
RM8.59
MYR · spot · updates every minute
Silver / Gram
RM8.59
Silver / Tola
RM100.19
Silver / Troy Ounce
RM267.18
Silver / Kilogram
RM8,590.13
Other countries
Popular silver weights in Malaysia
Silver coin melt values in Malaysia
About silver in Malaysia
Silver market in Malaysia
The silver market in Malaysia tracks the London Bullion Market Association (LBMA) spot benchmark. Retail rates are converted from USD into MYR 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 Malaysia 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 Malaysia
Licensed bullion dealers, national mints, major bank branches and government-authorised jewellery associations are the safest routes in Malaysia. 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 MYR rate. A premium over spot of 3–7% for coins and 1–4% for bars is normal — anything higher is usually the making charge.