As of Wednesday, January 28, 2026, the value of 1 ounce of silver in Japan is approximately ¥17,100 to ¥17,500.
Because silver is a globally traded commodity, the exact price fluctuates throughout the day based on the "spot price" and the JPY/USD exchange rate.
Current Silver Market Snapshot (Japan)
| Unit | Estimated Price (JPY) |
| 1 Troy Ounce | ¥17,179 |
| 1 Gram | ¥552 |
| 1 Kilogram | ¥552,380 |
Key Factors Driving Today's Price
Spot Price Surge: Silver is currently trading at a high of approximately $115.87 USD per ounce globally.
Currency Exchange: The value in Yen is heavily influenced by the current strength of the Japanese Yen against the US Dollar.
Retail vs. Spot: If you are buying physical silver (coins or bars) in Japan from dealers like Tanaka Kikinzoku, expect to pay a premium over the spot price, which includes fabrication costs and the 10% national consumption tax.
Note: "Today" in the precious metals market refers to the current live trading session. Prices can change by the minute. If you are looking to sell, Japanese dealers will offer a "buying price" that is typically slightly lower than the global spot rate.