Silver Purity: Understanding Fineness and Its Impact on Prices

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

Fine Silver (99.9% Pure) contains 99.9% silver content with minimal impurities and is highly resistant to tarnish but very soft, making it suitable primarily for investment coins and bars rather than everyday jewellery.

Sterling Silver (92.5% Pure), the global standard for silver jewellery and silverware, consists of 92.5% silver and 7.5% copper or other metals.