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🇳🇿 Silver Price Today in New Zealand | NZ$119.36
Live silver price in New Zealand Dollar (NZD) — updated every minute
Last updated: May 4, 2026, 01:01 PM ET
Per Gram (NZD)
NZ$3.8375
Per Troy Oz (NZD)
NZ$119.36
Per Kg (NZD)
NZ$3,837
USD/Silver Spot
$72.78/oz
USD/NZD Rate
1 USD = 1.64 NZD
Gold/Silver Ratio
62.0:1
Silver Market in New Zealand
New Zealand has a modest silver mining industry centred on the Macraes mine in Otago — one of New Zealand's largest silver mines. The New Zealand Mint (a private entity) produces popular bullion coins including the Tolkien-themed coins and Te Papa collaboration series. NZD silver prices have been at record highs as the New Zealand dollar weakened versus the USD.
Why do people in New Zealand invest in silver?
New Zealand investors buy silver for portfolio diversification and as a hedge against NZD weakness and global uncertainty. The Reserve Bank of New Zealand does not hold significant silver reserves, making silver purely a private investor asset. New Zealand's small, open economy is vulnerable to global commodity cycles, increasing silver's appeal as a non-correlated asset.
Frequently Asked Questions — Silver in New Zealand
What is the silver price in New Zealand today in NZD?
NZD silver prices are published by dealers like New Zealand Mint, ABC Bullion (NZ), and Kitco NZ. The price is the USD spot price multiplied by the USD/NZD rate.
Is there GST on silver in New Zealand?
Investment silver (fine silver bars and coins with purity of at least 99.5%) purchased by GST-registered businesses is zero-rated. For individual investors (non-registered), the normal 15% GST applies. This is a key consideration for large silver purchases.
What silver products does the New Zealand Mint make?
New Zealand Mint produces a range of bullion and collector coins, including the popular Tolkien series, native wildlife coins, and Pacific theme coins. These are legal tender of various Pacific island nations and widely collected internationally.
What silver ETFs are available in New Zealand?
Several ASX-listed silver ETFs (silver, QAU, PMsilver) are accessible to New Zealanders through NZX brokers or Australian brokers. These provide AUD-denominated silver exposure, which is similar to NZD exposure given the close AU/NZ economic relationship.