Sterling Silver Price Calculator – Melbourne
Sterling Silver Prices in Melbourne
| Item | Price (AUD) |
|---|---|
| Sterling Silver (925) per gram | 1.39 |
| Sterling Silver (925) per ounce | 43.32 |
| 1 oz Silver Bullion | 58 (sell price) / 45 (buy price) |
| 1 kilo Silver Bullion | 1,651 (sell price) / 1,452 (buy price) |
Additional Information
- Purity: Sterling silver contains 92.5% pure silver and 7.5% other metals, usually copper38.
- Hallmark: Sterling silver is often stamped with “925” to indicate its purity level3.
- Tarnishing: Sterling silver may tarnish over time, but this can be cleaned and prevented with proper care4.
- Cleaning: Use a soft cloth to gently polish regularly. For tarnish removal, use specialized silver polish or a mild soap solution34.
- Storage: Store in airtight containers or anti-tarnish bags to minimize exposure to air and humidity3.
- Value: While not as valuable as gold or platinum, sterling silver has lasting beauty and value if properly cared for4.
Remember that silver prices can fluctuate based on market conditions, so it’s advisable to check with local dealers or reputable sources for the most current prices when buying or selling sterling silver in Melbourne