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🇯🇵 Silver Price Today in Japan | ¥9,969.48
Live silver price in Japanese Yen (JPY) — updated every minute
Last updated: Jun 18, 2026, 09:38 PM ET
Per Gram (JPY)
¥320.5260
Per Troy Oz (JPY)
¥9,969.48
Per Kg (JPY)
¥320,526
USD/Silver Spot
$65.16/oz
USD/JPY Rate
1 USD = 153 JPY
Gold/Silver Ratio
64.3:1
Silver Market in Japan
Japan is one of Asia's most significant silver markets, with the Tokyo Commodity Exchange (TOCOM) being a major futures trading venue. The Bank of Japan holds approximately 846 tonnes in silver reserves. Japanese investors have traditionally favoured government bonds, but silver demand surged as the yen weakened significantly in 2022–2025.
Why do people in Japan invest in silver?
Decades of ultra-low interest rates and aggressive quantitative easing by the Bank of Japan have pushed Japanese investors toward silver as a store of value. Yen weakness (USD/JPY moving from 110 to 150+) amplified JPY-denominated silver returns dramatically — a 40% gain in USD terms became a 70%+ gain in yen. This has accelerated retail silver adoption.
Frequently Asked Questions — Silver in Japan
What is the silver price in Japan in yen today?
Japan silver prices are quoted per gram in JPY on TOCOM and by dealers. The price reflects international spot converted at the USD/JPY rate. Yen weakness has pushed JPY silver prices to record highs in recent years.
Is silver taxed in Japan?
Yes. silver profits are treated as "miscellaneous income" in Japan and subject to income tax at progressive rates. Transactions over ¥2 million require reporting to tax authorities. Consumption tax (JCT) of 10% also applies to physical silver purchases.
Where can I buy silver in Japan?
silver can be purchased from Tanaka Kikinzoku Kogyo (one of Japan's largest silver dealers), Mitsubishi Materials, bullion shops in Ginza, and online platforms. Major banks and securities firms also offer silver savings accounts.
What is a "silver savings account" in Japan?
Japanese banks and dealers offer "silver accumulation plans" (kinri tsumitate) where investors buy small amounts of silver regularly. These accounts accumulate fractional grams, making silver accessible to small investors without needing to buy full coins or bars.