Silver is not used in its purest form. The jewellers use Sterling silver which is 92.5 per cent silver and 7.5 per cent of other metal. India mostly meets its silver requirements through imports.
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With thousands of practical use cases as well as a steady presence as a fashion metal, silver’s price is subject to broad economic influence. This is expected with the complex supply chains silver is ...
To check the quality of silver, you can run a magnet over the silver coin or jewelry. If the silver sticks to the magnet, then the quality is not good. Keep in mind that Sterling silver alloy is the ...
Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.
As a commodity, silver is widely used to make smartphones, batteries, solar panels, medical equipment and jewelry. Silver is also one of the few commodities, along with gold, that has an innate ...