Sterling Silver Price Calculator Malta
Total Price: €0.00
Here's a comprehensive table summarizing all you need to know about sterling silver prices in Malta:
| Description | Price (EUR) |
|---|---|
| Current Price per Gram (Sterling Silver) | 0.8691 |
| Current Price per Ounce (Sterling Silver) | 27.0329 |
| Historical Price Average (2022) | 20.663 |
| High Price recorded in 2022 | 24.161 |
| Low Price recorded in 2022 | 17.900 |
| Current Spot Silver Price per Ounce | 29.22 |
| Current Bid Price per Ounce | 28.49 |
| Current Ask Price per Ounce | 31.34 |
Additional Information
- Purity: Sterling silver has a purity of 92.5%, which means it contains 92.5% pure silver and 7.5% other metals, usually copper4.
- Price Fluctuations: Silver prices can be volatile and change frequently based on market conditions2.
- Scrap Silver: Some buyers may pay up to 88% of the spot price for scrap sterling silver jewelry4.
- Price Trend: In 2022, the price of silver in EUR increased by 10.28%1.
- Market Factors: Silver prices are influenced by various factors, including industrial demand, economic conditions, and investor sentiment2.
- Trading: Silver is traded in various forms, including grams, ounces, kilograms, and tolas2.
- Currency Impact: The EUR/USD exchange rate can affect the silver price in Malta, as silver is often priced in USD internationally2.
This table and additional information provide a comprehensive overview of sterling silver prices in Malta, including current rates, historical data, and factors affecting the market.