๐Ÿ‡ฐ๐Ÿ‡ท South Korea

Silver Price in South Korea Today (KRW)

Live silver rates in KRW, converted from the spot price in real time.

Silver per gram

โ‚ฉ2,938.97

KRW ยท spot ยท updates every minute

Silver / Gram

โ‚ฉ2,938.97

Silver / Tola

โ‚ฉ34,279.53

Silver / Troy Ounce

โ‚ฉ91,412.12

Silver / Kilogram

โ‚ฉ2,938,967.82

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Popular silver weights in South Korea

Silver coin melt values in South Korea

About silver in South Korea

Silver market in South Korea

The silver market in South Korea tracks the London Bullion Market Association (LBMA) spot benchmark. Retail rates are converted from USD into KRW 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 Korea 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 Korea

Licensed bullion dealers, national mints, major bank branches and government-authorised jewellery associations are the safest routes in South Korea. 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 KRW rate. A premium over spot of 3โ€“7% for coins and 1โ€“4% for bars is normal โ€” anything higher is usually the making charge.