Sterling Silver Price Calculator Lebanon

Sterling Silver Price Calculator – Lebanon

Here's a comprehensive table detailing the Sterling Silver (925) prices in Lebanon, along with other essential information:

CategoryInformation
Sterling Silver (925) Price per Gram80,591.11 LBP2
Sterling Silver (925) Price per Ounce2,506,384 LBP2
Sterling Silver (925) Price per Kilo80,802,881 LBP3
Sterling Silver (925) Price per Tola942,470.31 LBP3
Spot Silver Price per Ounce2,709,603.90 LBP2
Pure Silver (999) Price per Gram87,354.47 LBP13
Current USD/LBP Exchange Rate89,550.00002
Today's Low Price (1 Gram Silver)87,126.3 LBP1
Today's High Price (1 Gram Silver)89,063.9 LBP1

Additional Information

  1. Purity: Sterling silver is 92.5% pure silver, with the remaining 7.5% usually being copper or other metals2.
  2. Market Fluctuations: Silver prices can be volatile and may change rapidly based on various economic factors2.
  3. Bid-Ask Spread: For Sterling Silver (925), the bid price is 78,576.33 LBP, and the ask price is 86,433.97 LBP per gram2.
  4. Other Silver Purities:
    • 958 Silver (Britannian): 83,683.76 LBP per gram
    • 800 Silver: 69,882.05 LBP per gram
    • 585 Silver: 51,101.25 LBP per gram3
  5. Currency: Prices are quoted in Lebanese Pounds (LBP), also known as the Lebanese Lira12.
  6. Time Zone: Prices are typically updated according to Beirut time (GMT+02:00)13.
  7. Industrial Use: Unlike gold, silver has significant industrial applications, which can affect its price4.
  8. Investment Options: Silver can be purchased in various forms, including bars, coins, and rounds. Larger quantities often offer lower per-ounce premiums4.

This table and additional information provide a comprehensive overview of Sterling Silver prices in Lebanon, along with context about the silver market and investment considerations.

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