![\"Silver](\"https:\/\/www.nepalisansar.com\/wp-content\/uploads\/2021\/01\/silver-in-nepal.jpg\" "\\"Silver")
<\/p>\nBesides gold, silver is another precious metal that is used as an investment.<\/p>\n
Due to its affordability and growing value, silver has been widely preferred for industrial applications, jewelry, bullion coins, and exchange-traded products.<\/p>\n
Like other precious metals, the price of silver is driven by supply and demand and speculation.<\/p>\n
However, the silver price rate is significantly volatile than that of gold due to the smaller market, lower market liquidity, and demand fluctuations.<\/p>\n
<\/p>\n
Also Read: Foreign Exchange Rates in Nepal<\/a><\/strong><\/p>\n 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.<\/p>\n
\n\n\n
\n Silver Grades <\/strong><\/td>\n Purity <\/strong><\/td>\n Alloy Content<\/strong><\/td>\n<\/tr>\n \n Fine Silver<\/td>\n 99.9% (100%)<\/td>\n 0%<\/td>\n<\/tr>\n \n British Silver<\/span><\/span><\/td>\n 95.8%<\/td>\n 4.2%<\/td>\n<\/tr>\n \n Sterling Silver<\/td>\n 92.5%<\/td>\n 7.5%<\/td>\n<\/tr>\n \n 22K Silver<\/td>\n 91.6%<\/td>\n 8.4%<\/td>\n<\/tr>\n \n Coin Silver<\/td>\n 90%<\/td>\n 10%<\/td>\n<\/tr>\n \n 21K Silver<\/td>\n 87.5%<\/td>\n 12.5%<\/td>\n<\/tr>\n \n German Silver<\/td>\n 80%<\/td>\n 20%<\/td>\n<\/tr>\n \n 14K Silver<\/td>\n 58.5%<\/td>\n 41.5%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
\n