🇮🇸Silver Rate in Capital Region Today
The silver rate in Capital Region today is ISK 265.58 per gram for 24K, based on an international spot price of $68.20 per troy ounce. That is down ISK 1.39 from the previous close. Rates across Capital Region follow the national Iceland market, since gold is priced internationally and converted at the same exchange rate.
Silver rate in Capital Region — all karats and weights
| Weight | 24K | 22K | 21K | 18K | 14K |
|---|---|---|---|---|---|
| 1 Gram (1 g) | ISK 265.58 | ISK 243.45 | ISK 232.38 | ISK 199.19 | ISK 154.92 |
| 1 Troy Ounce (31.1035 g) | ISK 8,260 | ISK 7,572 | ISK 7,228 | ISK 6,195 | ISK 4,819 |
| 1 Kilogram (1,000 g) | ISK 265,580 | ISK 243,449 | ISK 232,383 | ISK 199,185 | ISK 154,922 |
All figures in ISK (Krona). 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 Capital Region — questions
What is the silver rate in Capital Region today?
The silver rate in Capital Region today is ISK 265.58 per gram for 24K, and ISK 265.58 per gram for 24K. These are live figures converted from international spot at the current ISK exchange rate.
What is the price of 1 gram of gold in Capital Region?
One gram of 24K silver costs ISK 265.58 in Capital Region, and 22K costs ISK 243.45 per gram. 18K works out at ISK 199.19.
Why is 22K cheaper than 24K in Capital Region?
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 ISK 22.13 less per gram here. The alloy makes it harder, which is why jewellery is usually 22K or below.
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.