CN SGE in US dollars · 7 October 2026
Shanghai silver price in US dollars
China quotes silver in yuan per kilogram; the rest of the world uses dollars per ounce. This page does the conversion live, so you can compare Shanghai with London and New York directly.
Shanghai silver in USD · SGE Ag(T+D)
$69.00/ troy oz
+0.60% vs previous close
- Per kg$2,218
- Per gram$2.218
- vs London+16.1%
Updated 7 Oct 2026, 6:10 PM IST
Convert yuan to dollars
Pre-filled with the live SGE price and exchange rate.
In US dollars per troy ounce
$0
- USD per kilogram
- –
- USD per gram
- –
- Yuan per troy ounce
- –
- Indian rupees per gram
- –
- Premium over London spot
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USD per oz = ¥ per kg ÷ USD/CNY ÷ 32.1507 (troy ounces in a kilogram).
Shanghai vs London in dollars
| Market | USD per troy ounce |
|---|---|
| Shanghai Gold Exchange (Ag(T+D)) | $69.00 |
| Shanghai Futures Exchange | $69.42 |
| London spot | $59.43 |
| COMEX futures (New York) | $59.51 |
The yuan is managed by China's central bank within a daily band, so the dollar price of Shanghai silver moves with both the local price and the exchange rate. Today one dollar buys ¥6.7119.
The conversion, step by step
Start with the SGE price
¥14,890 per kilogram (Ag(T+D), before 13% VAT).
Convert to dollars
Divide by the USD/CNY rate (¥6.7119): $2,218 per kilogram.
Convert kilograms to troy ounces
Divide by 32.1507: $69.00 per troy ounce.
Compare with London
London spot is $59.43, so Shanghai is +$9.57 (+16.1%) away from it.
Frequently asked questions
What is the Shanghai silver price in USD?
$69.00 per troy ounce, from the SGE price of ¥14,890 per kg at ¥6.7119 yuan per dollar.
How do you convert yuan per kg to dollars per ounce?
Divide the yuan-per-kilogram price by the USD/CNY exchange rate to get dollars per kilogram, then divide by 32.1507 (troy ounces in a kilogram).
Why is Shanghai silver in USD above the London price?
The difference is the Shanghai premium, +16.1% today. It reflects China's import licensing and local demand. VAT is not the cause, because SGE prices exclude it.
Sources
Rules and figures checked on 29 September 2026. Live prices update on this page automatically.