CorganoSilver Price
Free widgets Market open
Silver54.17+0.42%Gold4,016.80+0.47%Platinum1,542.28−0.78%Palladium1,060.46+1.28%
Gold/Silver74.16
DXY102.01+0.19%
US10Y4.99%−0.04%
Copper6.534+0.41%
WTI101.76−1.46%
S&P 5007,691+0.89%
Dow52,384+0.32%
Bitcoin80,616+0.72%
VIX17.82−8.38%

Tax on Selling Silver, by Country

Silver is taxed like gold in most countries: the US treats it as a collectible (up to 28% on long-term gains); the UK charges CGT at 18% or 24% above £3,000; India taxes it at 12.5% after 24 months; Canada taxes half the gain and Australia halves gains after 12 months; the UAE and Saudi Arabia (for nationals) don't tax individuals' gains.

Facts checked 26 October 2026 · Not financial, legal or tax advice

Choose a country

United StatesCollectible, max 28%United KingdomCGT 18%/24% above £3,000India12.5% after 24 monthsCanadaHalf of the gain taxableAustraliaCGT, 50% discount after 12 monthsUAENo personal income taxPakistanSlab ratesSaudi ArabiaNo income tax for Saudi nationals
See also: Where is silver cheapest?

Tax on Selling Silver: FAQ

Is silver taxed the same as gold?

Usually yes: the US, India, Canada and Australia apply the same rules to silver as to gold. In the UK the CGT exemption for sovereigns and gold Britannias doesn't cover silver bars.

General information about the rules for individual investors, checked October 2026. Tax depends on your circumstances and residence; check with the tax authority or an adviser. Not tax advice.