๐ฟ๐ฆ South Africa
Silver Price in South Africa Today (ZAR)
Live silver rates in ZAR, converted from the spot price in real time.
Silver per gram
R34.51
ZAR ยท spot ยท updates every minute
Silver / Gram
R34.51
Silver / Tola
R402.55
Silver / Troy Ounce
R1,073.46
Silver / Kilogram
R34,512.56
Other countries
Popular silver weights in South Africa
Silver coin melt values in South Africa
About silver in South Africa
Silver market in South Africa
The silver market in South Africa tracks the London Bullion Market Association (LBMA) spot benchmark. Retail rates are converted from USD into ZAR 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 South Africa 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 South Africa
Licensed bullion dealers, national mints, major bank branches and government-authorised jewellery associations are the safest routes in South Africa. 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 ZAR rate. A premium over spot of 3โ7% for coins and 1โ4% for bars is normal โ anything higher is usually the making charge.