A Shariah-compliant silver account is a bank product structured on murabaha or wadaq principles that allows Muslim investors to hold silver exposure without violating Islamic finance prohibitions. Major Malaysian Islamic banks offer these products.
Silver Price in Kuala Lumpur Today (Live Silver Rate in MYR)
Last updated: Mar 23, 2026, 10:51 PM GMT+5
Silver Spot Price · Kuala Lumpur
Silver Spot Price – Today
Intraday XAG/MYR spot price (MYR per troy ounce)
Silver Price Performance
| Period | Change (MYR) | Change (%) |
|---|---|---|
| Today | +RM0.00 | +0.00% |
| 30 Days | +RM10.40 | +3.80% |
| 6 Months | RM-5.75 | -2.10% |
| 1 Year | +RM58.58 | +21.40% |
| 5 Years | +RM175.73 | +64.20% |
| 20 Years | +RM855.66 | +312.60% |
Silver Price Summary — MYR per Troy Ounce
Open
RM273.72
High
RM273.72
Low
RM273.72
Close (Prev)
RM273.72
Bid
RM273.31
$69.38 USD
Ask
RM274.13
$69.59 USD
Change
+RM0.00
Change %
+0.00%
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Silver Price Chart (TradingView)
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24-Hour Silver Price by Market Session
Shaded bands show active trading sessions (UTC) · MYR per troy ounce
Silver Price History in Kuala Lumpur — Monthly Averages (MYR)
Monthly average, high and low silver prices per troy ounce in MYR
| Month | Avg Price | Monthly High | Monthly Low | Change |
|---|---|---|---|---|
| March 2026 Current | RM273.72 | RM284.67 | RM262.77 | -3.20% |
| February 2026 | RM282.77 | RM294.08 | RM271.46 | +4.80% |
| January 2026 | RM269.82 | RM280.61 | RM259.03 | -1.80% |
| December 2025 | RM274.77 | RM285.76 | RM263.78 | +7.10% |
| November 2025 | RM256.55 | RM266.81 | RM246.29 | -2.40% |
| October 2025 | RM262.86 | RM273.37 | RM252.35 | +3.80% |
| September 2025 | RM253.24 | RM263.37 | RM243.11 | -5.10% |
| August 2025 | RM266.85 | RM277.52 | RM256.17 | +2.90% |
| July 2025 | RM259.33 | RM269.70 | RM248.95 | +1.50% |
| June 2025 | RM255.49 | RM265.71 | RM245.27 | -4.10% |
| May 2025 | RM266.42 | RM277.07 | RM255.76 | +6.20% |
| April 2025 | RM250.86 | RM260.90 | RM240.83 | — |
Annual Silver Price Performance by Currency
Annual % returns for XAG in major currencies (approximate)
| Year | MYR | USD | GBP | EUR | AED | AUD | CAD | INR | SGD | JPY | HKD | CHF | SAR | TRY | IDR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | +10.8% | +12.0% | +10.5% | +9.8% | +12.0% | +15.2% | +16.1% | +11.2% | +8.4% | +18.3% | +12.0% | +9.2% | +12.0% | +52.4% | +14.6% |
| 2024 | +18.3% | +21.4% | +24.8% | +25.1% | +21.4% | +25.6% | +26.9% | +22.8% | +19.2% | +38.4% | +21.4% | +18.6% | +21.4% | +68.2% | +24.1% |
| 2023 | +2.6% | +0.4% | +3.1% | -2.3% | +0.4% | +4.8% | +2.2% | +2.1% | -1.4% | +9.6% | +0.4% | -3.8% | +0.4% | +44.8% | +3.2% |
| 2022 | +1.8% | -3.5% | +10.8% | +11.3% | -3.5% | +1.4% | -1.2% | +5.4% | -7.1% | +14.2% | -3.5% | -3.1% | -3.5% | +112.4% | -0.8% |
| 2021 | -12.4% | -11.7% | -17.2% | -16.9% | -11.7% | -9.8% | -14.3% | -9.1% | -13.2% | -12.4% | -11.7% | -13.2% | -11.7% | +29.6% | -8.4% |
| 2020 | +44.3% | +47.9% | +41.6% | +38.4% | +47.9% | +42.1% | +46.2% | +46.8% | +41.3% | +34.2% | +47.9% | +41.2% | +47.9% | +96.4% | +52.1% |
| 2019 | +14.2% | +15.3% | +20.4% | +14.8% | +15.3% | +22.6% | +18.7% | +21.4% | +12.8% | +10.1% | +15.3% | +13.6% | +15.3% | +38.6% | +18.4% |
| 2018 | -6.4% | -8.5% | -3.8% | -6.2% | -8.5% | -1.3% | -4.2% | +2.8% | -11.4% | -9.6% | -8.5% | -8.8% | -8.5% | +48.2% | -2.4% |
| 2017 | -4.8% | -1.2% | -8.6% | -12.4% | -1.2% | -4.5% | -6.8% | -2.4% | -4.1% | -3.8% | -1.2% | -4.6% | -1.2% | +18.4% | +1.6% |
| 2016 | +22.4% | +15.3% | +31.2% | +19.8% | +15.3% | +17.4% | +19.8% | +17.6% | +12.1% | +5.9% | +15.3% | +14.2% | +15.3% | +38.8% | +22.6% |
| 2015 | -8.6% | -11.9% | -8.3% | -3.7% | -11.9% | -1.4% | -4.8% | -9.8% | -14.2% | -10.6% | -11.9% | -9.4% | -11.9% | +12.4% | -3.8% |
| 2014 | -21.4% | -19.8% | -18.4% | -11.6% | -19.8% | -9.4% | -12.3% | -11.9% | -22.1% | -11.2% | -19.8% | -16.2% | -19.8% | -8.6% | -14.2% |
| 2013 | -36.2% | -35.9% | -38.1% | -35.2% | -35.9% | -31.2% | -34.4% | -22.8% | -38.6% | -11.4% | -35.9% | -34.8% | -35.9% | -24.6% | -28.4% |
| 2012 | +7.2% | +8.4% | +7.8% | +5.1% | +8.4% | +4.6% | +6.9% | +13.2% | +6.1% | +3.8% | +8.4% | +6.8% | +8.4% | +14.6% | +12.4% |
| 2011 | +71.8% | +74.0% | +71.3% | +68.8% | +74.0% | +64.2% | +70.1% | +82.4% | +65.3% | +56.2% | +74.0% | +62.4% | +74.0% | +88.6% | +78.4% |
Gold-Silver Ratio Today
How many ounces of silver equal one ounce of gold — a key valuation signal
Current Ratio
85:1
1 oz gold = 85 oz silver
Silver (MYR/oz)
RM273.72
XAG/MYR spot
Gold (MYR/oz)
RM23,267
XAU/MYR approx.
| Period | Ratio | Note |
|---|---|---|
| Ancient Rome | 12:1 | Fixed by law |
| 19th Century | 15.5:1 | Bimetallic standard |
| 20th Cent. Avg | 47:1 | Post gold standard |
| 1980 Low | 17:1 | Hunt Bros. squeeze |
| 2020 High | 125:1 | COVID crash |
| Long-run avg | 65:1 | Historical mean |
A high ratio means silver is historically cheap relative to gold. Gold price shown is approximate.
Historical Silver Price Charts in Kuala Lumpur
Where to Buy Silver in Kuala Lumpur
Trusted silver dealers, bullion shops, and markets in Kuala Lumpur — prices quoted in MYR
Public Gold KL
Bullion Dealer
📍 Wisma Public Bank, Jalan Raja Chulan, KL
Malaysia's largest precious metals retailer. Sells LBMA-standard silver bars and coins. Strong buyback programme and nationwide branch network.
Maybank Gold & Silver
Bank
📍 Menara Maybank, Jalan Tun Perak, KL
Maybank's Gold and Silver Investment Account allows online silver trading via the app. No physical delivery required. Competitive spreads.
CIMB Islamic Precious Metals
Bank
📍 Menara CIMB, KL Sentral, KL
Shariah-compliant silver investment accounts on murabaha principles. Approved by CIMB's Shariah Committee. Popular with Muslim investors.
Poh Kong Jewellers
Jewellery Chain
📍 Multiple Malls, Kuala Lumpur
Malaysia's largest listed jewellery chain. Sells silver jewellery and coins at competitive prices across KL's major shopping centres.
Habib Jewels
Jewellery Chain
📍 Suria KLCC and multiple locations, KL
Premium Malaysian jewellery brand with a strong silver collection. Known for quality craftsmanship and transparent pricing at KLCC and other prime locations.
Always verify current prices directly with dealers. Retail prices include dealer premiums above spot.
Frequently Asked Questions
Silver Prices in Other Cities
Free Tools
Planning to buy silver in Kuala Lumpur?
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What Moves Silver Price in Kuala Lumpur?
Kuala Lumpur's Silver Market: Islamic Finance Meets Southeast Asian Demand
Kuala Lumpur occupies a unique position in the global silver market as the capital of the world's premier Islamic finance system and one of Southeast Asia's most dynamic economies. Malaysia's financial sector has pioneered Shariah-compliant precious metals products that have attracted Muslim investors from across the world — from the Gulf states to Indonesia and Bangladesh — who seek silver exposure that complies with Islamic finance principles. Simultaneously, Malaysia's large Chinese-Malaysian community maintains strong cultural traditions of precious metals ownership, creating parallel streams of conventional and Islamic silver demand in the same market.
Islamic Finance and Shariah-Compliant Silver
Silver holds a special place in Islamic jurisprudence — it is one of the original ribawi (measure of exchange) commodities mentioned in hadith alongside gold, and its use as a store of value and medium of exchange is deeply embedded in Islamic tradition. Malaysia's Islamic Financial Services Act provides the regulatory framework for Shariah-compliant silver investment products. Bank Islam, Maybank Islamic, and CIMB Islamic all offer silver investment accounts structured on murabaha (cost-plus financing) or wadaq (safekeeping) principles, allowing Muslim investors to hold silver exposure without violating riba (interest) prohibitions. The Kuala Lumpur-based Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) sets the global standards for Islamic precious metals products that are adopted across 45 countries.
The MYR Exchange Rate and Silver Pricing
Unlike the pegged currencies of Dubai and Riyadh, the Malaysian Ringgit floats freely against the US Dollar. This means Malaysian silver investors face both the XAG/USD price movement and the USD/MYR exchange rate change when calculating returns. The Ringgit has historically been influenced by crude oil prices (Malaysia is a net oil exporter), Chinese economic data (China is Malaysia's largest trading partner), and US Federal Reserve interest rate decisions. During periods of emerging market stress — as seen during the 2015 commodity price crash or the COVID-19 pandemic — the Ringgit can weaken sharply, inadvertently boosting MYR silver prices even when USD prices are flat.
Bursa Malaysia and Commodity Market Infrastructure
Malaysia has developed significant commodity market infrastructure through Bursa Malaysia Derivatives, which offers silver futures contracts alongside palm oil, crude palm oil, and other commodities. This provides sophisticated investors and hedgers with access to price risk management tools denominated in MYR. The Malaysia Gold Exchange (MGEX) and various digital bullion platforms have expanded retail access to silver investment in recent years. Public Gold, Maybank's Gold and Silver Investment Account, and Hong Leong Bank's precious metals products are among the most popular platforms for Malaysian retail silver investors.
Chinese-Malaysian Cultural Demand
Malaysia's Chinese-Malaysian community — approximately 22% of the population — maintains strong cultural traditions of precious metals gifting and ownership inherited from Fujian and Guangdong province customs. Silver jewellery and ornamental items are common gifts at weddings, Chinese New Year, and other celebrations. Petaling Street (Chinatown) in central Kuala Lumpur and Lebuh Pasar Besar house traditional jewellers and silver craftsmen serving this community. The influence of Chinese precious metals demand in KL creates seasonal patterns in local silver buying — particularly around Chinese New Year — that supplement the year-round investment and Islamic finance demand.
Where to Buy Silver in Kuala Lumpur
Public Gold is Malaysia's largest precious metals retailer, with outlets across the Klang Valley offering LBMA-standard silver bars and coins at competitive premiums. Poh Kong and Habib jewellers are major chains with strong silver jewellery offerings. For investment-grade bullion, Maybank's Gold and Silver Investment Account allows online silver trading through the bank's app without requiring physical delivery, while Public Gold's e-trading platform serves DIY investors. The Central Market in Kuala Lumpur and weekend flea markets at Amcorp Mall in Petaling Jaya are popular with collectors seeking antique silver pieces and coins.
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