How to invest in silver in Australia

Like gold, silver has been a valuable commodity for hundreds of years and is now seen as a safe haven during volatile markets.

In uncertain economic environments like we have today, investors often turn to precious metals like silver as a hedge against inflation.

Silver has remained valuable in part due to its inherent malleability.

How to invest in silver

There are 4 main ways you can invest in silver from Australia:

1. Buy physical silver
2. Invest in silver stocks
3. Buy silver exchange-traded funds (ETFs)
4. Trade silver via the futures market

If you're looking to actually own silver, buying physical bullion is the most popular way to do so.

However, if you're just looking to get exposure to the price of silver, a silver ETF might be the most convenient and cost-effective option.

1. Buy physical silver

The most traditional way to invest in silver is by buying physical silver in the form of bullion, bars, coins or other forms.

Buying physical silver is the only way to invest in the tangible asset itself.

You can buy physical silver online or through silver dealers, or by buying silver jewellery.

When buying silver bullion, it's important to remember that you are purchasing by weight regardless of whether it's in the form of a bar, a coin or anything else.

"Bullion" refers to high-purity silver that is officially recognised as being at least 99.9% pure silver.

More collectible forms such as commemorative silver coins will often be much more expensive per gram than silver bars, so check how much you're paying by weight before buying silver.

2. Buy silver shares

One common way to invest in silver is via the stock market, such as the Australian Securities Exchange (ASX).

When you buy shares in a silver mining or silver-related company, you're indirectly betting on the value of silver increasing over time.

However, while silver stocks may typically rise in value as the price of silver increases, this isn't guaranteed.

The main difference between investing in physical silver and stocks in the silver industry is you're exposed to the same risks that come with buying into any company, such as bankruptcy, poor performance and general stock market volatility.

By that same token, there can be additional benefits such as dividends or potential higher returns.

You can invest in silver stocks by signing up with a share trading platform.

3. Invest in silver ETFs

Investing in a silver-themed ETF is arguably the easiest way to get exposure to the price of silver without having to buy physical silver.

ETFs are investment funds that track the price of an underlying market, sector or asset. They are traded on stock markets in the same way as regular shares.

In order to buy silver ETFs, you'll need to sign up for an account with a share trading platform.

Some silver ETFs simply track the silver spot market price, while others track an index of companies in the silver mining industry, or a combination of the 2.

This makes ETFs an easy and flexible way of adding silver to your portfolio.

There is currently only one ETF that tracks the price of silver on the ASX, the Global X Physical Silver (ASX: ETPMAG) ETF. It has returned 71.80% over the last 5 years¹.

There are a few ETFs that track the performance of mining and resources companies (including silver mining companies) on the ASX, including the Betashares Australia Resources Sector (QRE) ETF and SPDR S&P/ASX 200 Resources Fund (OZR) ETF.

Find a platform for trading silver stocks or ETFs

{"userFilters":[{"componentType":"MULTI-SELECT CHECKBOX","options":{"comparator":"contains","includeAllSelection":false,"defaultMatcher":"ANY","values":["8.95-10","6.95-8.94999","4.95-6.94999","0-4.94999"],"fields":[{"label":"[[FINDER_SCORE_BADGE|9+]] Excellent: 9+","value":"8.95-10","comparator":"range"},{"label":"[[FINDER_SCORE_BADGE|7+]] Great: 7+","value":"6.95-8.94999","comparator":"range"},{"label":"[[FINDER_SCORE_BADGE|5+]] Standard: 5+","value":"4.95-6.94999","comparator":"range"},{"label":"[[FINDER_SCORE_BADGE|0+]] Basic: 0+","value":"0-4.94999","comparator":"range"}]},"dataSelector":{"recordType":"PRODUCT","fieldCode":"FINDER_SCORE.FINDER_SCORE"},"dataType":"NUMBER","label":"Finder Score","queryParameter":"finderScore"},{"dataSelector":{"recordType":"UI_FILTER_COMPONENT","fieldCode":"SPECIAL_OFFERS"},"dataType":"BOOLEAN","label":"Special offers","componentType":"SpecialOffersFilter","config":{"VALUES":"1","fields":[{"value":"rewards_exclusive","label":"Finder Rewards & exclusives"},{"value":"all_offers","label":"All offers"}]},"options":{"comparator":"eq"},"queryParameter":"special-offers"},{"config":{},"dataSelector":{"recordType":"product","fieldCode":"GENERAL.PROVIDER_ID"},"dataType":"UUID","label":"Provider","order":100},{"config":{"MULTISELECT":true,"VALUES":"Desktop,Android,iOS"},"dataSelector":{"recordType":"product","fieldCode":"FEATURES.AVAILABLE_DEVICES"},"dataType":"TEXT","label":"Available devices","order":null},{"config":{"MULTISELECT":true,"VALUES":"Australian stocks,US stocks,Global stocks,ASX Options,mFunds,ETFs,Bonds,Futures,US Options,Gold (physical),Silver (physical),Cryptocurrencies,Ready-made investment portfolios,Ethical portfolio option,Alternative investments,Commodities,NFTs,Endowment warrants,Installment warrants,Options trading,Commodity ETFs,ASX small cap stocks"},"dataSelector":{"recordType":"product","fieldCode":"FEATURES.AVAILABLE_PRODUCTS"},"dataType":"TEXT","label":"Products","order":null},{"config":{},"dataSelector":{"recordType":"product","fieldCode":"FEATURES.HAS_ONLINE_DEMO"},"dataType":"BOOLEAN","label":"Online Demo","order":null},{"config":{"MULTISELECT":true,"VALUES":"News,Technical analysis charts,Margin trading,Fractional shares"},"dataSelector":{"recordType":"product","fieldCode":"FEATURES.TRADING_TOOLS"},"dataType":"TEXT","label":"Trading tools","order":null},{"config":{},"dataSelector":{"recordType":"product","fieldCode":"FEES.INACTIVE_ACCOUNT_FEE"},"dataType":"BOOLEAN","label":"Inactivity fee","order":null},{"config":{"VALUES":"0"},"dataSelector":{"recordType":"UI_FILTER_COMPONENT","fieldCode":"FULL_MARKET"},"dataType":"FULL_MARKET","label":"More products","queryParameter":"full-market"}],"niche":{"currencySymbol":"$","decimalPoint":".","decimalPlaces":"2","thousandsSeparator":",","filterBoundsMap":{"product.GENERAL.PROVIDER_ID":null,"product.FEATURES.AVAILABLE_DEVICES":null,"product.FEATURES.AVAILABLE_PRODUCTS":null,"product.FEATURES.HAS_ONLINE_DEMO":null,"product.FEATURES.TRADING_TOOLS":null,"product.FEES.INACTIVE_ACCOUNT_FEE":null}},"prefilled":false,"experimental":false}

6 of 35 results

Checked 11 October 2026Share

Finder Score	AU Trading Fee	US Trading Fee	Asset Class
Promoted 9.6 Excellent Moomoo Share Trading Finder Award	9.6 Excellent	$3.00	US$0.99	ASX shares, Global shares, Options trading, US shares, ETFs	Trade major markets with built-in social trading tools.	$100 RewardT&Cs apply T&Cs apply Go to siteView details Compare product selection Compare	loading
Promoted 8.7 Great eToro Most Loved	8.7 Great	US$2.00	US$2.00	ASX shares, Global shares, US shares, ETFs, Cryptocurrencies	CFD service. Capital at risk. Trade a range of assets from a single account with access to social trading features.	$150 RewardT&Cs apply T&Cs apply Go to siteView details Compare product selection Compare	loading
Promoted 9.3 Excellent Tiger Brokers Finder Award	9.3 Excellent	$3.00	US$2.00	ASX shares, Global shares, Options trading, US shares, ETFs	Deposit any amount and receive $20 to trade in Tiger Brokers. Plus 4x zero brokerage trades and no FX fees on the first $2,000 you exchange every month. T&Cs apply. + Finder Rewards: Get this PLUS a $120 digital Visa gift card when you join Finder, sign up to Tiger Brokers, deposit $2,000 within 7 days and complete a qualifying BUY trade within 20 days. T&Cs apply.	Trade US, Asian and CHESS-sponsored ASX stocks, China A-class shares, plus US and Hong Kong options and ETFs.	$120 RewardT&Cs apply T&Cs apply Go to siteView details Compare product selection Compare	loading
9.8 Excellent Webull Finder Award	9.8 Excellent	$1.00	$0.00	ASX shares, Global shares, Options trading, US shares, ETFs, Cryptocurrencies	Earn up to 5,000 Qantas Points per month on international trades, plus 2,500 bonus points on your first international buy order with Webull. Min spend and T&Cs apply. + Finder Rewards: Get this PLUS a $150 digital Visa gift card when you join Finder, sign up to Webull as a new customer, deposit at least $2,000 in a single transaction and place at least 1 BUY order for a US-listed stock or ETF during the promotion period. T&Cs apply.	Invest in over 15,000 shares, options, and $0 Brokerage on all U.S. and Australian Chess-Sponsored ETFs.	$150 RewardT&Cs apply T&Cs apply Go to siteView details Compare product selection Compare	loading
9.3 Excellent IG Share Trading Finder Award	9.3 Excellent	$0.00	US$0.00	ASX shares, Global shares, US shares, UK shares, ETFs	Go to siteView details Compare product selection Compare	loading
9.9 Excellent CMC Invest Finder Award	9.9 Excellent	$0.00	$0.00	ASX shares, Global shares, Options trading, US shares, mFunds, ETFs, Cryptocurrencies	Trade 40,000+ listed securities across the local markets and 15 major global exchanges.	Go to siteView details Compare product selection Compare	loading

loading

Load More

Showing 6 of 6 results

Compare other products

Looking for other options? Check out these similar products.

How we picked these

Finder Score for share trading platforms

We've scored over 30 share trading platforms assessing them for their core features, fees, customer experience and accessibility. Our experts give each platform a score out of 10.

Read the full methodology

Important: The standard brokerage fee displayed is the trade cost for new customers to purchase $1,000 of either Australian or US shares. Where a platform charges different fees for both US and Australian shares we show the lower of the two. Where both CHESS sponsored and custodian shares are offered, we display the cheapest option.

4. Trade silver futures or options

Silver futures are a way to speculate on the future price of silver. When you buy silver futures, you are agreeing to buy an asset at a future set price.

In other words, you are agreeing to pay today's prices for an asset that gets delivered sometime in the future.

This means the difference between the price you paid for an asset and its price at the time of delivery will determine whether you make or lose money.

This system also lets traders speculate on falling prices. If a trader thinks prices will drop, they can also buy a "short contract". This means they put in an order to sell the asset at today's prices for delivery in the future.

Now, if prices drop between the time the short contract was purchased and the contract expiry date, the trader would potentially make money. If prices rise, they would lose money.

With traditional futures trading, you're dealing with physical commodities. Typically only professional traders buy and sell contracts over the futures market.

Retail traders in Australia typically trade silver futures through contracts for difference (CFDs). CFDs are derivative investment products that allow you to trade on the future prices of underlying assets such as commodities, stocks and indices.

Because they allow you to trade using borrowed funds (leverage), they can be highly risky and are only for more experienced traders.

Compare CFD brokers to trade silver futures

Disclaimer: General information only. All forms of investments (and in particular, trading CFDs, commodities and forex) carry significant risk, including the risk of losing more than the invested amounts, market volatility and liquidity risks. Past performance is no guarantee of future results. Such activities are not suitable for most investors.

{"userFilters":[{"config":{},"dataSelector":{"recordType":"product","fieldCode":"DESCRIPTIONS.METATRADER_4"},"dataType":"BOOLEAN","label":"Metatrader 4","order":null},{"dataSelector":{"recordType":"UI_FILTER_COMPONENT","fieldCode":"SPECIAL_OFFERS"},"dataType":"BOOLEAN","label":"Special offers","componentType":"SpecialOffersFilter","config":{"VALUES":"1","fields":[{"value":"exclusive_only","label":"Finder Rewards & exclusives"},{"value":"all_offers_no_rewards","label":"All offers"}]},"options":{"comparator":"eq"},"queryParameter":"special-offers"}],"niche":{"currencySymbol":"AUD","decimalPoint":".","decimalPlaces":"2","thousandsSeparator":",","filterBoundsMap":{"product.DESCRIPTIONS.METATRADER_4":null}},"prefilled":false,"experimental":false}

20 of 26 results

Updated regularlyShare

Minimum Opening Deposit	Commission	Minimum Trade Size (Lots)	Platforms
Pepperstone Forex Trading (Razor Account)	AUD 0	$0	0.01	MetaTrader 4 MetaTrader 5 cTrader TradingView Pepperstone Trading Platform	Disclaimer: CFD Service. Your capital is at risk. Choose from a range of fee-free funding methods, plus multiple trading tools including Smart Trader Tools for MetaTrader and cTrader platforms.	Go to siteView details Compare product selection Compare	loading
Go Markets Forex Trading	AUD 0	$0		MetaTrader 4 MetaTrader 5 GO TradeX™ TradingView cTrader	Disclaimer: CFD Service. Your capital is at risk.	Go to siteView details Compare product selection Compare	loading
Vantage Forex Trading	AUD 50	$0	0.01	MetaTrader 4 MetaTrader 5 TradingView Vantage app Vantage Web Trading	Disclaimer: CFD Service. Your capital is at risk. Spreads start from 0.0 on major currency pairs like AUD/USD, EUR/USD, GBP/USD and more. Plus you can places trades and find global trends through the TradingView charts platform. Trade with our RAW account with just $1 per lot each side	ContinueView details Compare product selection Compare	loading
Capital.com	AUD 20	$0	0	Capital.com web trading platform, Capital.com mobile trading app, MetaTrader 4, MetaTrader 5, TradingView	Disclaimer: CFD Service. Your capital is at risk.	ContinueView details Compare product selection Compare	loading
Plus500 Forex Trading	AUD 100	$0		Plus500 Trading Platform	Disclaimer: CFD Service. Your capital is at risk. Minimum spreads of 0.01% for major currencies. Customers should visit Plus500's website for updated spreads in real time. Open an account and experience Plus500's easy-to-use proprietary trading platform, 24/7 online chat support and free real-time forex quotes.	ContinueView details Compare product selection Compare	loading
CMC Markets	AUD 0	$0	0.01	CMC Markets Platform, MetaTrader 4, TradingView	Disclaimer: CFD Service. Your capital is at risk.	ContinueView details Compare product selection Compare	loading
Mitrade Forex	AUD 50	$0	0.01	Mitrade Trading Platform	ContinueView details Compare product selection Compare	loading
FOREX.com Forex Trading	AUD 150	$0	0.01	MetaTrader 4 At Pro Advantage Web	Disclaimer: CFD Service. Your capital is at risk. Choice of trading platforms, integrated Reuters news and device-synching so you can monitor trades across multiple devices.	ContinueView details Compare product selection Compare	loading
OANDA Forex Trading	AUD 0	$0	0.01	MetaTrader 4, fxTrade	ContinueView details Compare product selection Compare	loading
Blueberry Markets Forex Trading	USD 100	$0	0.01	MetaTrader4, MetaTrader5	Disclaimer: CFD Service. Your capital is at risk. Bottom of the market fees on forex, CFDs and commodities with 24/7 quality customer service.	ContinueView details Compare product selection Compare	loading
Hantec Markets Australia	AUD 0	$0	0.01		ContinueView details Compare product selection Compare	loading
Global Prime Forex	AUD 0	$0	0.01	MetaTrader 4 MetaTrader 5	ContinueView details Compare product selection Compare	loading
eToro Forex Trading	USD 50	$0	0.01	eToro Trading Platform	Disclaimer: CFD Service. Your capital is at risk. Social trading, advanced charting tools, plus receive exclusive benefits through the eToro Club (membership is tiered based on the equity in your trading account).	ContinueView details Compare product selection Compare	loading
ACY Securities Forex Trading	USD 50	$0	0.01	MetaTrader 4 MetaTrader 5 LogixTrader	Disclaimer: CFD Service. Your capital is at risk. Trade over 2,200 CFDs instruments across forex, shares, ETFs, indices, commodities, and cryptocurrency.	ContinueView details Compare product selection Compare	loading
AvaTrade Forex Trading	AUD 100		0.01	MetaTrader4 MetaTrader5 AvaTradeAct web trading AvaOptions AvaTradeGO Automated Trading	Disclaimer: CFD Service. Your capital is at risk. Enjoy minimum spreads of 0.01% for major currencies pairs as well as gain access to trading crypto currency pairs through Avatrade.	ContinueView details Compare product selection Compare	loading
ThinkMarkets Forex Trading	AUD 0	$0	0.01	MetaTrader4, MetaTrader5, ThinkTrader	Trading CFDs and forex on leverage is high-risk and losses could exceed your deposits. Trade forex, commodities and CFDs using MetaTrader4/MetaTrader5 platforms or access advanced analysis tools through ThinkTrader.	ContinueView details Compare product selection Compare	loading
Fusion Markets	AUD 0	$0	0.01	MT4, MT5, TradingView, cTrader	ContinueView details Compare product selection Compare	loading
easyMarkets Forex Trading	AUD 200	$0		MetaTrader 4	ContinueView details Compare product selection Compare	loading
Axi Forex	AUD 100	$0	0.01	MetaTrader4, MetaTrader4 Next Gen, Psyquation, AutoChartist, WebTrader, Axi-One ECN	Trading CFDs and forex on leverage is high-risk and losses could exceed your deposits. Axi uses the popular MT4 trading platform along with several free add-ons. Live chat, email and phone support available 24 hours a day, Monday to Friday. Important: Axi is undergoing a review by the Administrative Appeals Tribunal into a recent decision by ASIC to suspend its Australian financial services (AFS) licence. Until a final decision has been made by the Tribunal, AxiCorp can continue normal operations.	ContinueView details Compare product selection Compare	loading
IC Markets Forex Trading (Raw Spread account)	USD 200	$0	0.01	MetaTrader 4 MetaTrader 5 TradingView cTrader	Disclaimer: CFD Service. Your capital is at risk. Trade forex with tight spreads as low as 0.0 pips and fast execution of under 40 milliseconds on average.	ContinueView details Compare product selection Compare	loading

loading

Load More

Showing 20 of 26 results

Compare other products

Looking for other options? Check out these similar products.

How we picked these

Trading CFDs and forex on leverage is high-risk and you could lose more than your initial investment. It may not be suitable for every investor. Refer to the provider’s PDS and consider the risks before trading.

How has the price of silver performed over time?

Silver has been a relatively volatile asset since the early 1970s.²

Between 1978 and 1980, it rose dramatically from around US$4 an ounce to over US$45, before quickly crashing back in the early 1980s.

After years of little price movement, it then wasn't until 2011 that it finally set a new all-time high of around US$49.

It has had a similarly volatile time since then, especially in the years following the Covid crash, but crossed the US$30 mark for the first time since 2013 in 2024.

Why do people invest in silver?

There are 2 main ways people think about silver's value as an investment.

One is as a practical and in-demand commodity whose properties give it many practical applications, similar to zinc or aluminium.

The other is as a precious metal with a finite supply and inherent "folk value" similar to gold.

Silver prices are based on a combination of these 2 factors, which gives it a unique investment profile.

Silver as an industrial commodity

Silver's chemical and physical properties, such as its conductivity and antibacterial properties, make it essential for electronics, healthcare and other applications.

It's also malleable, ductile, reflective, relatively corrosion-resistant and not overly common, which historically made it a practical choice of metal for jewellery, coins and similar applications.

These also formed a practical foundation for silver's status as a precious metal.

Silver as a precious metal

Silver's (and gold's) innate value as a precious metal is typically described in the context of its finite supply or scarcity.

It's not certain how much silver is left in the world, but some estimates suggest that Earth will run out of silver by 2050. However, these estimates depend on a range of assumptions around silver's continued use, how much we recycle and how likely miners are to uncover large previously unknown sources of silver.

One economic theory holds that a commodity such as silver, which is in constant demand while having a finite supply, should carry a constantly growing intrinsic value.

Proponents of this theory will often contrast the scarcity of silver with the theoretically infinite amount of government money, such as Australian dollars, that can enter circulation.

For this reason, silver is often regarded as a hedge against inflation and currency devaluation. Its prices have been known to run opposite to the changing values of currencies.

Is silver a safe investment?

As mentioned above, silver is a staple material for many modern industries and there are a number of routes available for investing in it. However, regardless of which way you approach it, your investment will inevitably come with risks:

• Fluctuating prices: Valuable metals have a tendency to fluctuate in price over small periods, sometimes with no real cause.
• Storage: Finding somewhere to store physical silver can be a hassle, and storing it with a broker will come with a fee.
• Fraud: While it is tempting to look for the best prices, if it's too good to be true, it probably is. When buying physical silver, trade with reputable dealers to avoid being fleeced.
• Political and environmental events: Political and environmental issues can make the mining, refining and trading process more expensive for companies, causing price fluctuations.

Frequently asked questions

• How much is silver worth?

  You can find live silver prices here.

• Why invest in silver?

  Silver has a number of properties that appeal to investors. It can offer protection during volatile markets and it's a tangible asset. You can start investing in silver for a lot less than you can in gold and it has a long history as a financial asset.

• How is silver found?

  Silver can be found all over the world, with some of the largest mines in Australia, Mexico and Bolivia. It is extracted from ore veins and refined before being distributed.

To make sure you get accurate and helpful information, this guide has been edited by Joselle Delos Reyes as part of our fact-checking process.

Written by

Thomas Stelzer

Journalist

Add to Preferred Sources

Tom Stelzer is a journalist with 6 years of experience covering personal finance, specialising in investment and cryptocurrency. With a Master of Media Arts and Production and a Bachelor of Communications in Journalism from the University of Technology Sydney, Tom provides expert analysis on digital assets and market trends, helping readers navigate the fast-evolving world of finance. See full bio