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Gold $4,604.40 Silver $69.11 Platinum $1,887.00 Palladium $1,371.00 per troy ounce · live spot
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🇿🇦Silver Rate in Nigel Today

The silver rate in Nigel today is R1,106 per troy ounce for 24K, based on an international spot price of $69.11 per troy ounce. That is up R23.05 from the previous close. This is the international spot price converted into ZAR for Nigel. 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 South Africa's larger markets, with a population of around 140,644. The ZAR has strengthened 0.615% against the US dollar since the previous session, which moves the local price independently of the metal itself.

24K Silver · per troy ounce
R1,106
ZAR per troy ounce · 31.1035 g
▲ R23.05 (2.12%) vs previous close (COMEX futures)
Spot $69.11/oz · 1 USD = 16.0029 ZAR
Last 12 months · 24K per troy ounce
▲ 78.10%
Aug 2025 Aug 2026
COMEX futures closes Low R617.42 High R1,842 255 sessions

Silver rate in Nigel — all karats and weights

Weight 24K22K21K18K14K
1 Gram (1 g) R35.56 R32.59 R31.11 R26.67 R20.74
1 Troy Ounce (31.1035 g) R1,106 R1,014 R967.69 R829.45 R645.12
1 Kilogram (1,000 g) R35,556 R32,593 R31,112 R26,667 R20,741

All figures in ZAR (Rand). Purity follows the karat/24 standard: 22K is 91.67% gold, 21K is 87.5%, 18K is 75%.

Last 10 days · 24K per troy ounce in Nigel

Daily closes from COMEX front-month futures — a continuous series that predates our own spot record. Futures trade slightly above spot, so read these as the day-to-day movement, not as the counter price. Converted at the current ZAR exchange rate.

Date24K / troy ounceChange%
Fri, 21 Aug 2026 R1,112 +R23.05 2.12%
Thu, 20 Aug 2026 R1,089 +R36.68 3.49%
Wed, 19 Aug 2026 R1,052 +R28.69 2.80%
Tue, 18 Aug 2026 R1,023 -R34.89 -3.30%
Mon, 17 Aug 2026 R1,058 +R18.13 1.74%
Fri, 14 Aug 2026 R1,040 +R1.84 0.18%
Thu, 13 Aug 2026 R1,038 -R10.91 -1.04%
Wed, 12 Aug 2026 R1,049 +R12.58 1.21%
Tue, 11 Aug 2026 R1,036 -R5.39 -0.52%
Mon, 10 Aug 2026 R1,042

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Silver rate in Nigel — questions

What is the silver rate in Nigel today?

The silver rate in Nigel today is R1,106 per troy ounce for 24K, and R1,106 per troy ounce for 24K. These are live figures converted from international spot at the current ZAR exchange rate.

What is the price of 1 gram of gold in Nigel?

One gram of 24K silver costs R35.56 in Nigel, and 22K costs R32.59 per gram. 18K works out at R26.67.

Why is 22K cheaper than 24K in Nigel?

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 R2.96 less per gram here. The alloy makes it harder, which is why jewellery is usually 22K or below.

Is the gold rate in Nigel different from other cities?

The underlying metal price is identical everywhere in South Africa — 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 minute ago. Exchange rates refresh alongside it.

How this price is worked out. Gold trades in one global market, quoted in US dollars per troy ounce. The Nigel price above is that spot price converted into ZAR at the current exchange rate, then scaled to the weight and purity shown — no estimate is involved at any step. What it does not include is the jeweller's making charge, wastage, or local taxes, which vary shop to shop. Use it as the metal value, not as a shop quote. Historical rows are converted at today's exchange rate, so they show how the metal moved rather than how the ZAR moved.