Silver Price Malaysia Today
Live harga perak in MYR — per gram, per troy ounce. XAG/USD converted to Malaysian Ringgit. Updated every minute.
Malaysia Silver Price by Weight — MYR (Live)
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Silver in Malaysia — Market Overview
Malaysia has a growing precious metals investment market. While gold (especially 916 and 999 gold) dominates, silver has attracted increasing interest due to its lower price point and industrial demand tailwinds. Malaysia's primary silver investment products are:
- Silver wafers (Public Gold): Malaysia's largest precious metals dealer sells silver wafers in various denominations (1oz, 5oz, 10oz, 1kg). These are the most liquid form of physical silver in Malaysia.
- Silver coins: Malaysian Kijang Emas silver coins (from Bank Negara Malaysia) and international silver coins (Silver Eagle, Silver Maple) are available through dealers.
- Silver ETF / digital gold: Affin Hwang and other asset managers offer precious metals funds with some silver exposure. HelloGold and similar platforms offer digital gold but typically not silver.
SST on Silver in Malaysia
Malaysia's Sales and Services Tax (SST, 6%) applies to most physical silver purchases. This adds approximately 6% to the purchase price above spot, making Malaysia slightly more expensive for physical silver than Singapore (where investment-grade precious metals are GST-exempt).
Investment gold is SST-exempt in Malaysia — but silver does not qualify for the same exemption. This is a key consideration when comparing the total cost of silver ownership vs gold in Malaysia.
Silver vs Gold Price Ratio in Malaysia
The gold-to-silver ratio (how many ounces of silver equal one ounce of gold) historically averages 60–80. When the ratio is above 80, silver is considered undervalued relative to gold — some Malaysian investors rotate from gold to silver in these periods.
Check the live gold price in Malaysia alongside this silver page to calculate the current gold/silver ratio.