Silver Price in China Today
Live silver rate in Chinese Yuan — per gram, per kilogram and per troy ounce, converted from the international XAG/USD spot every 60 seconds.
Silver Price Today in China — All Units (CNY)
Pure .999 fine silver value converted from the live XAG/USD spot ($58.96/oz) at the live CNY exchange rate:
| Quantity | Silver Value (CNY) |
|---|---|
| 1 gram | ¥12.83 |
| 10 grams | ¥128 |
| 1 tola (11.664 g) | ¥150 |
| 100 grams | ¥1,283 |
| 200 grams | ¥2,565 |
| 250 grams | ¥3,206 |
| 500 grams | ¥6,413 |
| 1 kilogram | ¥12,826 |
International parity values — local dealer prices add premiums, taxes and making charges. Indicative only, not a dealing quote.
The Silver Market in China
China is the world’s largest silver fabricator — solar panels, electronics and jewellery together consume an enormous share of global supply — and its domestic benchmark is set in Shanghai: the Shanghai Gold Exchange (SGE) trades physical silver contracts quoted in yuan per kilogram, while the Shanghai Futures Exchange (SHFE) runs the most active silver futures in Asia. Retail investors buy silver bars and Panda coins through major banks and bullion shops.
Shanghai silver habitually trades at a premium to the international price — often several percent — because imports are controlled and domestic industrial demand is intense; in tight markets that premium has spiked far higher. Note that silver (unlike investment gold) carries 13% VAT in China, which shapes the retail market toward exchange-traded and bank-account silver rather than small physical bars.
The same spot price drives every market: the live silver rates page converts it into 100+ currencies, the silver price history page tracks it across decades, and the gold-silver ratio compares it against gold live. Gold buyer instead? See the gold rate in China.
Advertisement
How the Silver Rate in China Is Calculated
silver_per_gram (CNY) = XAG/USD ÷ 31.1035 × USD-CNY rateRight now: $58.96/oz ÷ 31.1035 × the live exchange rate = ¥12.83 per gram — ¥150 per tola and ¥12,826 per kilogram. The gold-to-silver ratio stands at 69.6:1.
There is no separate national silver price — only the world spot converted at the live exchange rate, plus whatever local premiums and taxes apply at the counter. That is why this page updates every 60 seconds, in step with the international market.
Frequently Asked Questions
What is the silver price in China today?
The live silver price in China today is ¥12.83 per gram — ¥12,826 per kilogram and ¥398.93 per troy ounce — converted from the international XAG/USD spot of $58.96/oz at the live USD-CNY rate. Updated every 60 seconds.
What is the 1 kg silver price in China today?
One kilogram of pure silver is worth ¥12,826 at today's international parity. The Shanghai Gold Exchange kilogram contract typically trades at a premium of several percent above this parity level.
Why is Shanghai silver more expensive than the world price?
China restricts silver imports while consuming vast quantities industrially (solar, electronics) — so the Shanghai price carries a structural premium over London/New York spot, occasionally spiking when domestic supply tightens. The parity rate on this page is the international baseline; the SGE premium above it is a real-time gauge of Chinese physical demand.
Does silver carry VAT in China?
Yes — silver is subject to 13% VAT in China, unlike investment-grade gold which enjoys exemptions through the Shanghai Gold Exchange. The tax pushes retail investors toward bank silver-savings products and exchange contracts rather than small physical bars, and it widens the gap between quoted spot and over-the-counter retail prices.
Advertisement