🇮🇩 Silver Price in Indonesia Today
Live silver rates in IDR. Fine silver, sterling, and coin silver prices per gram, tola, and ounce.
Silver spot price
Rp1,269,969/oz
▲ +1.28%Last updated: 8 minutes ago
.999
Fine Silver
Rp40,790
Per gram
.925
Sterling
Rp37,768
Per gram
.900
Coin Silver
Rp36,747
Per gram
.800
European
Rp32,664
Per gram
Silver price in Indonesia - All purities
| Purity | Per gram | Per 10g | Per troy oz | Per kg |
|---|---|---|---|---|
| .999 Fine Silver | Rp40,790 | Rp407,896 | Rp1,268,699 | Rp40,789,599 |
| .925 Sterling | Rp37,768 | Rp377,681 | Rp1,174,722 | Rp37,768,148 |
| .900 Coin Silver | Rp36,747 | Rp367,474 | Rp1,142,972 | Rp36,747,387 |
| .800 European | Rp32,664 | Rp326,643 | Rp1,015,975 | Rp32,664,344 |
| .720 Mexican | Rp29,398 | Rp293,979 | Rp914,378 | Rp29,397,909 |
Silver price by quantity in Indonesia
| Quantity | .999 Fine Silver | .925 Sterling |
|---|---|---|
| 1g | Rp40,790 | Rp37,768 |
| 10g | Rp407,896 | Rp377,681 |
| 50g | Rp2,039,480 | Rp1,888,407 |
| 100g | Rp4,078,960 | Rp3,776,815 |
| 1 kg | Rp40,789,599 | Rp37,768,148 |
Silver purity guide
.999 Fine Silver — 99.9% pure. Investment bars, bullion coins (Silver Eagles, Maple Leafs, Britannias).
.925 Sterling Silver — 92.5% pure + 7.5% copper. Jewelry, silverware, flatware. Stamped '925'.
.900 Coin Silver — 90% pure. Pre-1964 US coins, Morgan dollars, Walking Liberty halves.
.800 European Silver — 80% pure. Older European silverware, some Middle Eastern silver.
.720 Mexican Silver — 72% pure. Mexican silver coins and traditional jewelry.
Gold to Silver Ratio
Gold/Silver Ratio: 62:1
It takes 62 ounces of silver to buy 1 ounce of gold
Silver price by city in Indonesia
Silver price in nearby countries
Market analysis by Mehmet Aydın·Precious Metals Editor·Last updated April 2026About silver market in Indonesia
Bali's Celuk village is world-famous for handcrafted silver. Balinese silver smithing is a centuries-old tradition. 11% PPN applies.
Silver vs Gold in Indonesia
The current gold/silver ratio is 62:1, meaning it takes 62 ounces of silver to buy one ounce of gold. In Indonesia, gold is Rp78,207,782 per oz while silver is Rp1,269,969 per oz. Silver is significantly more affordable than gold, making it accessible for smaller investors. Silver is also more volatile, offering higher percentage returns during bull markets but larger drawdowns during corrections.
How silver prices are set in Indonesia
Silver prices in Indonesia start from the international silver spot price, quoted in US dollars per troy ounce on global markets, and are converted into IDR using the live exchange rate. Local dealers and jewellers then add a margin, and for finished items a making charge of around 5–15%. Silver is far more volatile than gold — it is a smaller market pulled by both investment and industrial demand — so the local price can swing more sharply from day to day, and the rate you see can move noticeably even within a single trading session.
Silver buying guide for Indonesia
Silver in Indonesia is bought as coins, bars and jewellery. For investment, .999 fine silver coins and bars give you the most metal for your money; for ornaments, .925 sterling silver is the standard. Buy from reputable sellers — established markets such as Pasar Cikini (Jakarta), Blok M (Jakarta), Kota Surabaya gold market, Pasar Baru (Bandung) and trusted names like Antam (Logam Mulia), UBS Gold, Pegadaian — and look for a clear purity stamp (the Antam / LBMA certificate where it applies) plus an itemised bill showing weight, purity and the rate. Because silver carries a higher making-charge and dealer-margin percentage than gold relative to its value, comparing a few sellers matters even more.
Silver as an investment in Indonesia
Silver offers buyers in Indonesia a lower-cost entry into precious metals than gold, but with more risk and reward. Common forms include .999 coins and bars, silver ETFs and, for some, silverware that doubles as a store of value. Silver tends to amplify gold's moves — rising faster in bull markets and falling harder in downturns — partly because around half its demand is industrial. Many investors watch the gold-to-silver ratio, currently about 62:1, and add silver when the ratio is historically high in the hope it narrows. Treat silver as a higher-volatility satellite to a core gold holding rather than a one-for-one substitute.
Taxes and duties on silver in Indonesia
Silver in Indonesia is subject to 11% VAT on the value of the metal, added on top of the spot-based rate and any making charge. Build it into your budget before you buy, and keep a proper tax invoice — it protects you on resale.
Best time to buy silver in Indonesia
Silver demand in Indonesia rises around Ramadan, Idul Fitri (Lebaran), wedding season, when gifting and jewellery buying pick up and premiums can firm. If you are buying for an occasion, planning ahead of these peaks usually means better availability and pricing. Because silver is volatile, averaging your purchases — buying smaller amounts regularly rather than one lump — is the simplest way to manage timing. Some buyers also watch the gold-to-silver ratio and add to silver when it looks historically stretched relative to gold.
Industrial vs investment demand for silver
Unlike gold, around half of all silver demand is industrial, and that is central to its price. Silver is the best conductor of electricity and heat of any metal, which makes it essential in solar panels, electric vehicles, electronics and the data centres powering AI. This structural demand has grown fast, tightening the market even as investment demand rises. It also ties silver to the economic cycle in a way gold is not: industrial buying can support prices in good times but soften in a slowdown. For investors, that dual nature — part precious metal, part industrial commodity — is exactly what makes silver both promising and more volatile.
Silver price trends in Indonesia
Silver has been one of the standout performers into 2026, rallying sharply — by well over 100% from its recent lows — as investment and industrial demand collided with tight supply. The same forces lifting gold (central-bank buying, geopolitical risk, currency weakness) have spilled into silver, while booming demand from solar, EVs and AI infrastructure has added a powerful industrial tailwind. In Indonesia, the local silver price reflects all of this plus the IDR exchange rate. The gold-to-silver ratio, around 62:1, remains historically elevated, which many analysts argue leaves room for silver to keep closing the gap — though its high volatility means sharp pullbacks along the way are normal.
Frequently asked questions
What is the silver price in Indonesia today?▾
Today's .999 fine silver in Indonesia is Rp40,790 per gram (Rp40,789,599 per kg). Sterling silver (.925) is Rp37,768 per gram. Based on COMEX spot price converted to IDR.
Is silver a good investment in Indonesia?▾
Silver has surged driven by industrial demand (solar panels, EVs, AI), supply deficits, and safe-haven buying. At $71.22/oz, analysts see potential. Silver is more volatile than gold but offers higher percentage returns during bull markets.
What is sterling silver (925) worth per gram in IDR?▾
Sterling silver (.925) is currently Rp37,768 per gram in IDR. It's 92.5% pure silver + 7.5% copper alloy.
How much is 1 kg of silver in IDR?▾
1 kg of .999 fine silver is Rp40,789,599. 1 kg of sterling (.925) is Rp37,768,148.
Is silver taxed in Indonesia?▾
Silver tax in Indonesia: 11% PPN.
Is silver a good investment in Indonesia?▾
Silver can be a good investment in Indonesia for those comfortable with volatility. It is cheaper per gram than gold, has strong industrial demand from solar, EVs and electronics, and tends to rise faster than gold in bull markets — but it also falls harder. Many hold it as a higher-risk complement to gold.
What is the difference between .999 and .925 silver?▾
.999 (fine) silver is 99.9% pure and used for investment coins and bars. .925 (sterling) silver is 92.5% pure, alloyed with copper for strength, and used for jewellery and tableware. Fine silver holds more metal value; sterling is more durable for everyday items.
Will silver prices keep rising in 2026?▾
No one can predict prices, but the drivers behind silver's 2026 rally — industrial demand from solar, EVs and AI, plus safe-haven buying — remain in place, and the gold-to-silver ratio is historically high. Expect strong long-term potential alongside sharp short-term swings.
Silver Silver price by quantity in