Sterling Silver Price Calculator – Adelaide
Here’s a table summarizing key silver price data:
| Detail | Value (AUD) |
|---|---|
| Current Silver Price (per ounce) | 30.38 |
| Average Price 2024 (per ounce) | 42.168 |
| Highest Price 2024 (per ounce) | 52.522 |
| Lowest Price 2024 (per ounce) | 33.611 |
| Perth Mint Sell Price (1 ounce) | From 52.91 |
| Perth Mint Buy Price (1 ounce) | 44.11 |
| ABC Bullion Sell Price (1kg) | 1,562.60 |
| ABC Bullion Buy Price (1kg) | 1,448.40 |
Additional Information
- Price Fluctuations: The silver market has shown significant volatility in 2024, with prices ranging from a low of 33.611 AUD to a high of 52.522 AUD per ounce4.
- Annual Performance: The price of silver in AUD increased by approximately 33.81% in 2024, indicating a strong upward trend4.
- Current Trend: As of November 17, 2024, the current silver price (30.38 AUD) is below the year’s average, suggesting a recent downward movement in the market5.
- Buying and Selling: There’s typically a spread between buy and sell prices. For example, the Perth Mint’s sell price for a 1-ounce silver coin starts from 52.91 AUD, while their buy price is 44.11 AUD1.
- Sterling Silver: It’s important to note that sterling silver (92.5% pure silver) prices may differ from pure silver prices. The values provided are for pure silver, and sterling silver prices would be calculated based on these, accounting for the lower silver content.
- Local Variations: Prices in Adelaide may vary slightly from these national figures due to local market conditions and dealer premiums.
- Forms of Silver: Prices can vary depending on the form of silver (coins, bars, or bullion) and the quantity purchased13.
Remember that silver prices are subject to constant fluctuations based on market conditions, and it’s always advisable to check with local dealers in Adelaide for the most up-to-date and location-specific pricing.