Silver Purity: Fineness Matters for Investment and Jewellery

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

Fine silver contains 99.9% silver content with minimal impurities and is considered the purest form of silver available to consumers.

Sterling silver, on the other hand, contains 92.5% silver and 7.5% other metals, typically copper. This grade is commonly used in jewellery and household items.

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