Silver Purity: Understanding the Basics

The purity of silver is typically expressed as 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 contains 99.9% silver content with minimal impurities and is considered the purest form available to consumers. Sterling silver, on the other hand, contains 92.5% silver and 7.5% other metals, typically copper.

The daily silver rate online is just a benchmark; the final showroom price will always be higher due to making charges and GST.