Silver Price in United Kingdom Today
Live GBP silver rate — updated in real-time from COMEX spot price
Silver Price by Grade — GBP
Per gram in GBP — live from COMEX
| Grade | Purity | Per Gram | Per Troy Oz |
|---|---|---|---|
| Fine Silver (999) | 99.9% | £0.00 | £0.00 |
| Sterling Silver (925) | 92.5% | £0.00 | £0.00 |
| Coin Silver (900) | 90.0% | £0.00 | £0.00 |
| Britannia Silver (958) | 95.8% | £0.00 | £0.00 |
Silver Price by Weight (Fine 999) — GBP
| Weight | Price (GBP) |
|---|---|
| 1 Gram | £0.00 |
| 10 Grams | £0.00 |
| 50 Grams | £0.00 |
| 100 Grams | £0.00 |
| 1 Troy Ounce (31.1g) | £0.00 |
| 500 Grams | £0.00 |
| 1 Kilogram | £0.00 |
Silver Market in United Kingdom
The UK is home to the London Bullion Market Association (LBMA), which publishes the twice-daily gold fix — the global benchmark for physical gold pricing. London is the world's largest OTC gold market. Investment gold (bullion bars and coins meeting HMRC purity standards) is VAT-exempt in the UK. Gold coins like the Sovereign and Britannia issued by the Royal Mint are also CGT-exempt for UK residents.
Frequently Asked Questions
Is silver VAT-free in the UK?↓
No — unlike gold, investment silver attracts 20% VAT in the UK. This significantly increases the cost of physical silver for UK buyers above the spot price.
What is the LBMA silver price?↓
The LBMA Silver Price (formerly the London Silver Fix) is set once daily at noon London time and is the global reference price for silver contracts.