Silver Spot Price (Multi-Currency)
Silver spot price (XAG) in USD, CNY, INR and AUD, with normalized performance so you can separate the metal's move from currency (FX) swings.
Spot Silver Price by Currency
Historical spot silver prices normalized to show relative performance
About this data
This chart re-bases the silver spot price in US dollars, Chinese yuan, Indian rupees and Australian dollars to 100 at the start of the selected window, from one week to the full history, so the four lines show relative performance rather than four incomparable price levels; hover for the actual price per troy ounce in each currency. The dollar line is the international benchmark. The gap between it and any other line is that currency's move against the dollar over the same window: a rupee or yuan line running above the dollar line means the local currency has weakened and silver is doing more for local savers than the headline dollar quote suggests.
Source: nFusion Solutions spot quotes for silver in each currency, polled every minute; WatchGold records them and uses the last quote of each weekday (UTC) as that day's close, so history accumulates forward from the date capture began. Prices are per troy ounce.
Frequently asked questions
- Why does silver hit a record high in one currency but not in dollars?
- Because that currency has lost ground against the dollar, and the silver price in local terms is the dollar price times the exchange rate. On the chart, every line starts at 100 at the beginning of the window and the y-axis shows percentage change, so a line at 108 is up 8% in that currency. The dollar line is the metal's move; a line above it was lifted by currency weakness, a line below it held back by currency strength.
- Where does the silver price in CNY, INR and AUD come from?
- Each line is a spot quote per troy ounce in that currency, taken from the same vendor feed as the dollar quote, effectively the dollar price converted at the live exchange rate rather than a price from a local exchange. WatchGold polls the feed every minute and keeps the last quote of each weekday as that day's close, so the chart has one point per trading day and no weekend gaps.
- Is this the same as the silver price in India or China?
- No. These are international spot prices expressed in rupees and yuan. What an Indian buyer actually pays adds import duty, GST and a dealer premium on top, and Chinese exchanges quote their own yuan prices that trade at a premium or discount to the international price depending on import quotas and local demand. This chart isolates the currency effect on silver; the India and China premium page tracks the local markup for gold.