Besides gold, silver is another precious metal that is used as an investment. Due to its affordability and growing value, silver has been widely preferred for industrial applications, jewelry, bullion coins, and exchange-traded products.
Like other precious metals, the price of silver is driven by supply and demand and speculation. However, the silver price rate is significantly volatile than that of gold due to the smaller market, lower market liquidity, and demand fluctuations.
A Quick Guide to Silver Fineness
Silver in its purest form is very soft for use in jewelry. So, it is alloyed with other metals to make it strong and durable. Based on its purity, silver is categorized into many types.
|Silver Grades||Purity||Alloy Content|
|Fine Silver||99.9% (100%)||0%|
Also Read: Nepal Bullions: Gold Price in Nepal
Live Sliver Price in Nepal in Nepalese Rupee (NPR)
|Date||Gram (NPR)||Tola (NPR)||Kilogram (NPR)|
Stay Tuned to NepaliSansar for Live Updates on Silver Rates in Nepal!
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