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How much is 1 ounce of silver worth in Australia today?

 How much is 1 ounce of silver worth in Australia today?

As of Sunday, March 8, 2026, the spot price for 1 ounce of silver in Australia is approximately $120.40 AUD.

Silver has seen a massive surge over the last year, and prices currently fluctuate between $118 and $123 AUD depending on the specific exchange or bullion dealer you check.

Current Market Breakdown (AUD)

If you are looking to buy or sell physical silver, prices will differ from the "spot" price due to dealer premiums:

  • Spot Price: ~$120.40 per oz

  • Retail Selling Price (Buying from a dealer): Expect to pay between $150 and $195 AUD for minted coins (like the 1oz Kangaroo or Britannia) or around $140–$160 AUD for pool-allocated silver.

  • Buy-Back Price (Selling to a dealer): Most major Australian bullion dealers are currently offering around $112 to $116 AUD per ounce for 1oz bars and coins.

Silver Performance Context

To give you an idea of the current volatility:

  • 1-Year Change: Up over 125% (compared to roughly $54 AUD this time last year).

  • Recent Trend: The market remains highly active, with silver reaching some of its highest historical levels in Australian Dollars this month.