Sterling Silver Price Calculator – London
Here’s a comprehensive table with key information about the Sterling Silver price in London:
| Aspect | Details |
|---|---|
| Current Price | £0.7441 per gram1 |
| Daily Change | 0.85% (£0.0063 increase)1 |
| Price per Ounce | £23.15 (approximately)2 |
| Price per Kilo | £771.002 |
| Composition | 92.5% silver, 7.5% other metals (usually copper)4 |
| Purity Stamp | “925” or “sterling”4 |
| London Price Determination | Set by London’s biggest bullion banks at midday (London time) on UK working weekdays2 |
| Price Publication | Midnight by London Bullion Market Association2 |
| Order Deadline | 11:40am to secure the daily price2 |
| Market Influences | Safe-haven demand, industrial demand6 |
| Price Volatility | More volatile than gold due to industrial demand fluctuations6 |
| Recent Trend | Bullish outlook, with potential to reach £27.50 (US$34.70) per ounce in 20245 |
| Long-term Forecast | Possibility of reaching £38.10 (US$48-$50) per ounce by mid-20255 |
| Key Price Drivers | Gold’s performance, Yields, USD strength, Inflation expectations5 |
This table provides a snapshot of the current Sterling Silver price in London, along with important factors affecting its valuation and future projections. The price of silver is subject to frequent changes due to various market forces, so it’s important to check real-time sources for the most up-to-date information.