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🇳🇴 Silver Price Today in Norway | kr705.24
Live silver price in Norwegian Krone (NOK) — updated every minute
Last updated: Jun 18, 2026, 02:55 PM ET
Per Gram (NOK)
kr22.6739
Per Troy Oz (NOK)
kr705.24
Per Kg (NOK)
kr22,674
USD/Silver Spot
$65.91/oz
USD/NOK Rate
1 USD = 10.7 NOK
Gold/Silver Ratio
64.0:1
Silver Market in Norway
Norway holds unique financial status globally through its Government Pension Fund Global (GPFG) — the world's largest sovereign wealth fund at over $1.7 trillion. Interestingly, this fund does NOT invest in silver, preferring equities, fixed income, and real estate. Norges Bank holds approximately 33 tonnes of silver as official reserves.
Why do people in Norway invest in silver?
Norwegian retail investors have historically favoured the oil-correlated krone and domestic equities, but silver has gained interest as diversification against oil price cycles. Norway's massive sovereign wealth fund creates a unique context where silver can fill a gap — the fund avoids silver, so private citizens seeking non-correlated assets must access it independently.
Frequently Asked Questions — Silver in Norway
What is the silver price in Norway today in krone?
Norwegian silver prices in NOK are published by Tavex (with Norwegian operations) and international dealers. USD silver spot converted at the USD/NOK rate gives the krone price.
Why doesn't the Norwegian sovereign wealth fund invest in silver?
The Government Pension Fund Global (GPFG) has a mandate focused on listed equities, bonds, and real estate. silver was historically considered too volatile and non-income-generating for the fund's long-term objectives. This is a deliberate policy choice, not a legal restriction.
Is there VAT on silver in Norway?
Norway is not in the EU but follows similar rules. Investment silver (qualifying purity bars and coins) is VAT-exempt in Norway. silver jewellery is subject to 25% Norwegian MVA (VAT).
Where can I buy silver in Norway?
Tavex has offices in Oslo. International dealers shipping to Norway include BullionByPost and European bullion platforms. Oslo Gullbørs (Oslo silver Exchange) and local numismatic dealers also serve Norwegian buyers.