Canadian PMX
Gold Stackers
Prices are fetched automatically and may not reflect current merchant prices. Currency conversions and tax treatment are approximate. Rankings are based solely on price. We are not a dealer and accept no responsibility for transactions with listed merchants. Past performance is not indicative of future results. This site does not provide investment advice. Full disclaimer
20 oz Silver Bar: frequently asked questions
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The cheapest 20 oz silver bar tracked here is $1,441.58, around 10.2% over spot, available from Canadian PMX. We compare prices across 2 dealers for this 20 oz size. The price moves with the silver spot, so checking multiple dealers is worthwhile before buying.
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A 20 troy ounce silver bar weighs 20 oz (622.07 grams). Troy ounces are slightly heavier than the avoirdupois ounces used for everyday items: one troy ounce equals 31.1035 grams, compared to 28.35 grams for a standard ounce. All precious metals are quoted and sold in troy ounces.
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The 20 oz format is a genuine silver bar size, though less common than 10 oz or 1 kilo. We track prices from 2 dealers offering this weight across 2 listings. It sits between the popular 10 oz and 1 kilo sizes, appealing to buyers who want more silver per bar without the outlay of a kilo.
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Silver is taxed differently from gold in most markets. In the UK, silver bars attract 20% VAT. Canada exempts qualifying silver bullion at 0% GST. Australia applies 0% GST to investment-grade silver. In the US there is no federal sales tax on silver, though individual states may apply their own rules.