Is silver taxed in Hong Kong?
No. Hong Kong does not impose capital gains tax, sales tax, or VAT on silver purchases or sales. This makes it one of the most tax-friendly jurisdictions globally for precious metals investors.
Silver Price in Hong Kong Today (Live Silver Rate in HKD)
Last updated: Mar 16, 2026, 12:31 AM GMT+5
Silver Spot Price · Hong Kong
HK$631.71HKD
= $80.70 USD
+0.00
+0.00%
Updated: ● Live FX rate1 USD = 7.8283 HKD
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Interactive Silver Chart
Silver Price Performance
| Period | Change (USD) | Change (%) |
|---|---|---|
| Today | +$0.00 | +0.00% |
| 30 Days | +$3.07 | +3.80% |
| 6 Months | $-1.69 | -2.10% |
| 1 Year | +$17.27 | +21.40% |
| 5 Years | +$51.81 | +64.20% |
| 20 Years | +$252.25 | +312.60% |
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Silver Spot Price – Today
Intraday XAG/USD spot price (USD per troy ounce)
Silver Price Chart (TradingView)
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Interactive Silver Chart
Silver Price per Unit
Updated: Mar 16, 2026, 12:28 AM| Unit | Price (HKD) | Price (USD) | Change |
|---|---|---|---|
| 1 Troy Ounce | HK$631.71 | $80.70 | +0.00% |
| 1 Gram | HK$20.31 | $2.59 | +0.00% |
| 1 Tola (11.66 g) | HK$236.89 | $30.26 | +0.00% |
| 1 Kilogram | HK$20,309.86 | $2,594.40 | +0.00% |
| 10 Ounces | HK$6,317.08 | $806.95 | +0.00% |
| 100 Ounces | HK$63,170.81 | $8,069.50 | +0.00% |
24-Hour Silver Price by Market Session
Shaded bands show active trading sessions (UTC)
Sydney
Tokyo
London
New York
Annual Silver Price Performance by Currency
Annual % returns for XAG in major currencies (approximate)
| Year | HKD | USD | GBP | EUR | AED | AUD | CAD | INR | SGD | JPY |
|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | +12.0% | +12.0% | +10.5% | +9.8% | +12.0% | +15.2% | +16.1% | +11.2% | +8.4% | +18.3% |
| 2024 | +21.4% | +21.4% | +24.8% | +25.1% | +21.4% | +25.6% | +26.9% | +22.8% | +19.2% | +38.4% |
| 2023 | +0.4% | +0.4% | +3.1% | -2.3% | +0.4% | +4.8% | +2.2% | +2.1% | -1.4% | +9.6% |
| 2022 | -3.5% | -3.5% | +10.8% | +11.3% | -3.5% | +1.4% | -1.2% | +5.4% | -7.1% | +14.2% |
| 2021 | -11.7% | -11.7% | -17.2% | -16.9% | -11.7% | -9.8% | -14.3% | -9.1% | -13.2% | -12.4% |
| 2020 | +47.9% | +47.9% | +41.6% | +38.4% | +47.9% | +42.1% | +46.2% | +46.8% | +41.3% | +34.2% |
| 2019 | +15.3% | +15.3% | +20.4% | +14.8% | +15.3% | +22.6% | +18.7% | +21.4% | +12.8% | +10.1% |
| 2018 | -8.5% | -8.5% | -3.8% | -6.2% | -8.5% | -1.3% | -4.2% | +2.8% | -11.4% | -9.6% |
| 2017 | -1.2% | -1.2% | -8.6% | -12.4% | -1.2% | -4.5% | -6.8% | -2.4% | -4.1% | -3.8% |
| 2016 | +15.3% | +15.3% | +31.2% | +19.8% | +15.3% | +17.4% | +19.8% | +17.6% | +12.1% | +5.9% |
| 2015 | -11.9% | -11.9% | -8.3% | -3.7% | -11.9% | -1.4% | -4.8% | -9.8% | -14.2% | -10.6% |
| 2014 | -19.8% | -19.8% | -18.4% | -11.6% | -19.8% | -9.4% | -12.3% | -11.9% | -22.1% | -11.2% |
| 2013 | -35.9% | -35.9% | -38.1% | -35.2% | -35.9% | -31.2% | -34.4% | -22.8% | -38.6% | -11.4% |
| 2012 | +8.4% | +8.4% | +7.8% | +5.1% | +8.4% | +4.6% | +6.9% | +13.2% | +6.1% | +3.8% |
| 2011 | +74.0% | +74.0% | +71.3% | +68.8% | +74.0% | +64.2% | +70.1% | +82.4% | +65.3% | +56.2% |
Historical Silver Price Charts
30 Days-0.2%
$80.69
60 Days-1.3%
$80.69
1 Year-3.0%
$80.69
2 Years+1.9%
$80.69
5 Years-1.8%
$80.69
10 Years-3.8%
$80.69
All Time-2.7%
$80.69
Frequently Asked Questions
What is silver price per gram in Hong Kong today?
The HKD silver price per gram is derived from the global XAG/USD spot price divided by 31.1035, then multiplied by the HKD/USD rate of approximately 7.78. Since the HKD is pegged to the USD, prices are highly stable in FX terms.
How does mainland China demand affect Hong Kong silver prices?
Hong Kong serves as a gateway for Chinese mainland demand. Periods of strong industrial or investment demand from China can push regional physical silver premiums above global spot levels.
Where can I buy silver in Hong Kong?
Silver is available from precious metals dealers in the Admiralty and Central districts, as well as banks such as HSBC and Hang Seng. Online platforms like HK Bullion also offer competitive rates for bars and coins.
Is the HKD pegged to the USD?
Yes. The HKD has been pegged to the USD since 1983 under the Linked Exchange Rate System, maintained by the Hong Kong Monetary Authority. The rate is kept within a band of 7.75–7.85 HKD per USD.
Silver Converter
HKD
HK$631.71USD
$80.70Silver Price Forecast & Prediction — Hong Kong
Technical analysis based price targets. Not financial advice.
Market SentimentNeutral
BearishNeutralBullish
Support
$75.85
Resistance
$85.54
Technical Indicators
50-Day MABullish
200-Day MABullish
RSI (14)Neutral
MACDBullish
StochasticOverbought
BollingerNeutral
Price Targets
| Period | Bear Target | Base (Current) | Bull Target | Range |
|---|---|---|---|---|
| 1 Week | $79.24HK$620.34 HKD | $80.70HK$631.71 HKD | $82.63HK$646.87 HKD | ±2.1% |
| 1 Month | $77.06HK$603.28 HKD | $80.70HK$631.71 HKD | $85.70HK$670.87 HKD | ±5.3% |
| 3 Months | $73.43HK$574.85 HKD | $80.70HK$631.71 HKD | $90.22HK$706.25 HKD | ±10.4% |
| 6 Months | $69.80HK$546.43 HKD | $80.70HK$631.71 HKD | $95.54HK$747.94 HKD | ±15.9% |
| 1 Year | $66.17HK$518.00 HKD | $80.70HK$631.71 HKD | $103.77HK$812.38 HKD | ±23.3% |
↑ Bullish Factors
- Global central bank rate cut expectations support precious metals
- Industrial demand from solar panels and EV batteries rising
- USD weakness historically boosts XAG/USD spot prices
- Supply deficits as mining output lags industrial consumption
↓ Bearish Factors
- Higher-for-longer interest rates increase opportunity cost of holding silver
- Strong USD could weigh on dollar-denominated commodity prices
- Weak economic data may dampen industrial silver demand
- Profit-taking after recent rallies could trigger short-term pullbacks
Disclaimer: Price predictions are based on technical analysis and historical patterns only. They do not constitute financial advice. Silver markets are highly volatile — always do your own research before investing.
Silver Prices in Other Cities
What Moves Silver Price in Hong Kong?
Hong Kong's Silver Market: Asia's Free Trade Gateway
Hong Kong occupies a unique position in Asia's silver market. Its status as a free port — with no import duties on precious metals and no capital gains tax — combined with proximity to mainland China and deep capital markets, makes it one of the most important silver trading centres in Asia. Hong Kong Exchanges and Clearing (HKEX) lists several silver-linked financial products, and the city's network of licensed precious metals dealers spans from major international banks to specialist bullion houses in the Central and Admiralty districts. Hong Kong has long served as the entry point for silver flowing from global producers into mainland China, the world's largest industrial consumer of silver.
HKD Peg and Its Effect on Silver Pricing
The Hong Kong Dollar has been pegged to the US Dollar under the Linked Exchange Rate System since 1983, maintained by the Hong Kong Monetary Authority (HKMA) within a band of 7.75–7.85 HKD per USD. Like Dubai's AED peg, this means HKD silver prices track XAG/USD movements with near-perfect precision. There is no FX conversion risk for HKD-based buyers — the only variable is the global USD silver price. This predictable pricing environment is valued by institutional traders and regional importers who use Hong Kong as a silver distribution hub for Southeast Asian and mainland Chinese markets.
Zero Tax on Silver in Hong Kong
Hong Kong imposes no capital gains tax, no sales tax, and no VAT on silver. Investors can buy and sell silver with zero tax leakage on profits — a significant advantage over virtually every other major silver market globally. Unlike Singapore (which has a 9% GST with IPM exemption for qualifying silver) or Japan (10% consumption tax), Hong Kong's tax-free environment applies without qualification requirements or purity thresholds for the tax benefit. This makes Hong Kong's effective purchase cost among the lowest in Asia, and the effective retention of profits after sale unmatched among major precious metals hubs.
Gateway to Chinese Silver Demand
China is the world's largest industrial consumer of silver and one of the largest investment demand markets globally. Hong Kong functions as the primary internationally connected gateway for silver flowing into mainland China, particularly for LBMA-approved bars and internationally sourced coins. Periods of strong Chinese industrial activity — in electronics, solar panel production, and automotive manufacturing — create visible demand effects in Hong Kong's physical silver market, with premiums over international spot prices widening when Chinese buyers compete aggressively for available supply. This flow of Chinese demand means Hong Kong silver market participants often have an informational advantage about near-term Asian buying interest.
Where to Buy Silver in Hong Kong
Silver is available from major banks including HSBC, Standard Chartered, and Hang Seng Bank, which offer silver accounts and investment products. Specialist precious metals dealers in the Central and Admiralty districts handle institutional and retail physical silver transactions. The Jewellery & Gem Fair held annually in Hong Kong is one of the world's largest precious metals trade events, reflecting the city's ongoing importance as a regional hub for both investment and fabrication-grade silver.
Silver Investment in Hong Kong
Hong Kong's combination of zero capital gains tax, zero sales tax on silver, a USD-pegged currency, and world-class banking and custody infrastructure creates one of the most investor-friendly precious metals environments in the world. The city's deep connections to mainland Chinese demand also mean that local physical silver premiums can occasionally move independently of global spot, offering informed investors opportunities that do not exist in purely western markets. For long-term storage, Hong Kong's politically stable (though increasingly mainland-influenced) legal environment and the availability of allocated vaulting at institutional standards make it a credible centre for precious metals custody alongside Singapore and Switzerland.
Free Tools
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