Silver Purity: What's the Difference Between Fine and Sterling Silver?

The purity of silver 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 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, usually copper.

The daily silver rate online is a benchmark, but showroom prices are higher due to making charges and GST. The authenticity of silver can be verified by checking the BIS logo and purity grade.