Sterling Silver Price Calculator – Victoria
Here’s a comprehensive table summarizing all you need to know about the Sterling Silver price:
| Aspect | Details |
|---|---|
| Current Price (GBP per Ounce) | £24.05 1 |
| Current Price (GBP per Gram) | £0.77 |
| Today’s Change | Increased by 0.63% 1 |
| Today’s High | £24.1111 1 |
| Today’s Low | £23.4010 1 |
| Factors Affecting Price | Supply and demand, industrial demand, inflation, interest rates, market speculation |
| Historical Maximum Price | Peak observed in April 2011 2 |
| Industrial Uses | Semiconductors, solar cells, batteries, medical devices 3 |
| Economic Indicators | Inverse relationship with interest rates, correlation with inflation 3 |
| Market Influences | Geopolitical events, monetary policy, global economic conditions 35 |
| Investment Perspective | Often seen as a hedge against inflation and currency devaluation 35 |
This table provides a snapshot of the current Sterling Silver price, recent price movements, and key factors influencing its value. The price of silver is dynamic and can change rapidly due to various economic, industrial, and geopolitical factors23. Investors and analysts closely monitor these aspects when making decisions about buying or selling silver.