Silver & platinum · Explainer
Silver investment in the UK: coins, bars, ETCs, VAT and tax
UK investors can hold silver as coins, bars, vaulted metal, exchange-traded commodities or mining shares. Physical silver bought in the UK carries 20% VAT, unlike investment gold, and the price is volatile: the Silver Institute says the annual average price rose 42% in 2025 and the metal hit an all-time high above US$121 on 29 January 2026.
