Silver Purity Explained: From Fine to Sterling

The purity of silver is typically expressed in fineness, which indicates the percentage of pure silver in an alloy. For instance, 999 fineness means 999 parts out of 1000 are pure silver.

Fine silver, also known as .999 silver or pure silver, contains 99.9% silver content with minimal impurities. This is the purest form of silver commonly available to consumers.

Sterling silver is the most common grade used in jewellery and household items, containing 92.5% silver and 7.5% other metals, usually copper.

When it comes to pricing, the daily silver rate you see online is just a benchmark. The final showroom price will always be higher due to various additions such as making charges, GST, and stone deductions for studded silver jewellery.