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🇧🇷 Silver Price Today in Brazil | R$371.18
Live silver price in Brazilian Real (BRL) — updated every minute
Last updated: May 4, 2026, 01:01 PM ET
Per Gram (BRL)
R$11.9336
Per Troy Oz (BRL)
R$371.18
Per Kg (BRL)
R$11,934
USD/Silver Spot
$72.78/oz
USD/BRL Rate
1 USD = 5.1 BRL
Gold/Silver Ratio
62.0:1
Silver Market in Brazil
Brazil is South America's largest silver producer, with significant mines in Pará, Minas Gerais, and the Amazon region. The BM&FBovespa (now B3) lists silver futures, and the Brazilian Central Bank holds approximately 67 tonnes in official silver reserves. Artisanal and small-scale silver mining (garimpo) remains a significant, though controversial, part of Brazilian silver production.
Why do people in Brazil invest in silver?
Brazilian investors use silver to hedge against real depreciation and high domestic inflation. The BRL has historically been volatile, and silver has dramatically outperformed Brazilian fixed income in real terms during periods of currency weakness. silver ETFs on B3 have grown in popularity among younger Brazilian investors.
Frequently Asked Questions — Silver in Brazil
What is the silver price in Brazil today in reals?
Brazilian silver prices in BRL are quoted by B3 futures, Ourominas, and major dealers. The price is the USD spot converted at the USD/BRL rate, which is one of the more volatile EM exchange rates.
Is there IOF on silver in Brazil?
Yes. silver purchases in Brazil are subject to IOF (Imposto sobre Operações Financeiras) at 1% for physical silver transactions. There may also be income tax (IR) on profits from silver sales depending on transaction size.
What silver ETFs are available in Brazil?
B3 lists silver11, which tracks silver prices in BRL. This ETF provides easy exposure to silver without the complexity of futures trading or physical storage. Several other silver-related funds are also available through major brokers like XP, BTG Pactual, and Itaú.
Where can I buy physical silver in Brazil?
Ourominas is Brazil's largest physical silver dealer. Safra, Itaú, and major banks also offer silver products. The B3 silver market allows institutional and retail investors to trade physical silver lots of 250g each.