🇫🇴Silver Rate in Tórshavn Today
The silver rate in Tórshavn today is kr14,052 per kilogram for 24K, based on an international spot price of $68.20 per troy ounce. That is down kr73.35 from the previous close. This is the international spot price converted into DKK for Tórshavn. Jewellers there add making charges and a local premium on top, so a counter price will normally sit above this figure. It is one of Faroe Islands's larger markets, with a population of around 13,200. The DKK has weakened 0.209% against the US dollar since the previous session, which moves the local price independently of the metal itself.
Silver rate in Tórshavn — all karats and weights
| Weight | 24K | 22K | 21K | 18K | 14K |
|---|---|---|---|---|---|
| 1 Gram (1 g) | kr14.05 | kr12.88 | kr12.30 | kr10.54 | kr8.20 |
| 1 Troy Ounce (31.1035 g) | kr437.08 | kr400.66 | kr382.45 | kr327.81 | kr254.96 |
| 1 Kilogram (1,000 g) | kr14,052 | kr12,881 | kr12,296 | kr10,539 | kr8,197 |
All figures in DKK (Krone). Purity follows the karat/24 standard: 22K is 91.67% gold, 21K is 87.5%, 18K is 75%.
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Silver rate in Tórshavn — questions
What is the silver rate in Tórshavn today?
The silver rate in Tórshavn today is kr14,052 per kilogram for 24K, and kr14,052 per kilogram for 24K. These are live figures converted from international spot at the current DKK exchange rate.
What is the price of 1 gram of gold in Tórshavn?
One gram of 24K silver costs kr14.05 in Tórshavn, and 22K costs kr12.88 per gram. 18K works out at kr10.54.
Why is 22K cheaper than 24K in Tórshavn?
22K gold is 91.67% pure — 22 parts gold to 24 — so it contains less gold by weight than 24K, which is 99.9% pure. That is why 22K is kr1.17 less per gram here. The alloy makes it harder, which is why jewellery is usually 22K or below.
Is the gold rate in Tórshavn different from other cities?
The underlying metal price is identical everywhere in Faroe Islands — gold trades in one global market and converts at one exchange rate. What differs city to city is the retail markup: making charges, wastage and the jeweller's own premium. Those are set by each shop, not by the market.
How often does this rate update?
The spot price refreshes continuously through the trading day and this page reflects the latest reading, last confirmed 1 month ago. Exchange rates refresh alongside it.