Sterling Silver Price Calculator – Lithuania
Here's a comprehensive table with all you need to know about Sterling Silver prices in Lithuania:
| Aspect | Details |
|---|---|
| Current Price per Gram | 0.92€3 |
| Current Price per Kilogram | 924.04€3 |
| Current Price per Ounce | 28.74€3 |
| Composition | 92.5% silver, 7.5% other metals (usually copper)4 |
| Purity Standard | Minimum millesimal fineness of 9254 |
| Market Factors | Influenced by investor demand, leading to volatile fluctuations3 |
| Future Price Predictions | Varied: ABN AMRO Bank estimates 20-23$/oz for next 3 years; Coin Price Forecast predicts 60$/oz by 20263 |
| Comparison to Gold | Approximately 80 times cheaper than gold3 |
| Investment Characteristics | Good for portfolio diversification, hedge against inflation3 |
| Tarnish Resistance | More resistant than pure silver, but can still tarnish over time5 |
| Durability | Durable for daily wear when properly cared for5 |
| Hypoallergenic Properties | Less likely to cause allergic reactions compared to some other metal alloys5 |
| Common Uses | Jewelry, cutlery, decorative items, some musical instruments5 |
| Hallmarks | Lion Passant (standard mark), Town mark, Date mark, Maker's mark6 |
| Authentication Methods | Magnet test, nitric acid test, density test6 |
This table provides a comprehensive overview of Sterling Silver prices and related information specific to Lithuania, including current prices, composition, market factors, investment characteristics, and authentication methods.