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🇨🇭 Silver Price Today in Switzerland | Fr65.5
Live silver price in Swiss Franc (CHF) — updated every minute
Last updated: May 4, 2026, 01:01 PM ET
Per Gram (CHF)
Fr2.1059
Per Troy Oz (CHF)
Fr65.50
Per Kg (CHF)
Fr2,106
USD/Silver Spot
$72.78/oz
USD/CHF Rate
1 USD = 0.9 CHF
Gold/Silver Ratio
62.0:1
Silver Market in Switzerland
Switzerland is the global centre of silver refining — Swiss refineries (Valcambi, PAMP, Argor-Heraeus, and Metalor) process an estimated 70% of the world's silver. The Swiss National Bank holds approximately 1,040 tonnes in reserves, and Switzerland's banking secrecy tradition has long made it a preferred destination for private silver holdings. Swiss franc silver prices benefit from the CHF's safe-haven status.
Why do people in Switzerland invest in silver?
Switzerland's tradition of sound money and political neutrality makes it the world's premier destination for private silver storage. Swiss vaults in Zurich and Geneva hold an estimated 25–35% of all privately held silver globally. For Swiss citizens, silver is both a cultural symbol of stability and a practical inflation hedge.
Frequently Asked Questions — Silver in Switzerland
Is silver VAT-free in Switzerland?
Yes. Investment silver in Switzerland is exempt from VAT (MwSt/TVA). This includes silver bars, coins, and other products with a purity of at least 995/1000. Jewellery and collector coins are taxable at 8.1%.
Can I store silver in a Swiss bank vault?
Yes. Swiss banks and private vaulting companies (e.g., Swiss silver Safe, Via Mat) offer allocated and unallocated silver storage with high security. Fees typically range from 0.1–0.3% of value per year.
What is the silver price in Swiss francs today?
The CHF silver price is the USD spot price multiplied by the USD/CHF exchange rate. Since both silver and the Swiss franc are safe-haven assets, CHF-denominated silver is less volatile than USD-denominated silver during risk-off events.
Where are the best Swiss silver refineries?
PAMP (Produits Artistiques Métaux Précieux) in Ticino, Valcambi in Balerna, Argor-Heraeus in Mendrisio, and Metalor in Neuchâtel are the four major Swiss refineries. PAMP and Valcambi bars carry some of the highest premiums due to their global brand recognition.