Sterling Silver Price Calculator Malaysia
Here's a comprehensive table summarizing the key information about sterling silver prices in Malaysia:
| Type of Silver | Price per Gram (MYR) | Price per Kilogram (MYR) |
|---|---|---|
| Sterling Silver (925) | 4.23 | 4,227.00 |
| Fine Silver (999) | 4.57 | 4,570.00 |
| 925 Silver | 4.08 | 4,080.00 |
Additional Information
Sterling Silver Composition:
Sterling silver, also known as 925 silver, contains 92.5% pure silver and 7.5% other metals, usually copper1.Price Fluctuations:
Silver prices can fluctuate based on market conditions. The prices provided are as of November 17, 20241.Buying and Selling:
- The buying price for 925 silver is typically slightly lower than the selling price.
- For 1 gram of 925 silver, the buy/sell price is around 4.08 MYR3.
Other Silver Purities:
- 999 Silver (Fine Silver): 4.57 MYR per gram
- 958 Britannian Silver: 4.38 MYR per gram
- 916 (22K) Silver: 4.19 MYR per gram1
Market Factors:
Silver prices in Malaysia are influenced by global silver markets, currency exchange rates (particularly USD/MYR), and local supply and demand1.This table and information provide a comprehensive overview of sterling silver prices in Malaysia, including comparisons with other silver purities and key factors affecting the market.