MoneyUpdated 9 Sep 2026, 04:12 · indicative reference · GBP
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Detailed silver rates in London
| Purity | 1 g | 10 g | 100 g | 1 kg |
|---|---|---|---|---|
| 999 (Fine) | £1.59 | £15.87 | £158.68 | £1,586.83 |
Figures are the metal value only — jeweller making charges are added on top.
Silver rate in London — local context
Investment gold is exempt from VAT in the UK. London is the centre of the global over-the-counter bullion market and sets the twice-daily LBMA price.
The figures above are the international silver price converted to GBP at today’s exchange rate. They do not include local import duty, VAT or GST, so the price at a jeweller in London is typically higher — by a few percent in the low-tax Gulf markets, and by 10–20% in markets with a heavy duty such as Nepal, Bangladesh or Pakistan.
Frequently asked questions
What is the silver price in London today?
As of 9 Sep 2026, the indicative 999 silver rate in London is about £1,586.83 per kg (£1.59 per gram). Rates update through the day and exclude jeweller making charges.
Is London silver cheaper than in India?
Usually yes for the metal itself — London prices exclude India’s import duty and 3% GST, so bars and coins are a few percent cheaper. Bringing gold into India above the customs allowance attracts duty, so the saving narrows once you account for that.
What will silver prices be tomorrow?
No one can reliably predict the next day’s silver price. It moves with the international silver price, the US dollar and safe-haven demand. This page updates through the day.