How much does silver cost per gram?

How much does silver cost per gram? Silver is a precious metal that has long been used to make jewelry. The metal is also used in other industries and some buy silver coins, silver bars or other silver objects as an investment. But what is the price of silver? How much does a gram cost?

The price per gram

Just like the price of other precious metals, the price of silver varies. It can go up and down, which is why you should always look at today's price to get an accurate price picture. However, if you look at statistics from 1970 to the present day, you can see a clear trend. The price of silver has steadily increased over the years, although it has temporarily decreased. Silver is therefore not only a good option when it comes time to buy jewellery, but also works as an investment.

Currently, one gram of silver costs around SEK 8. The price may vary slightly between different countries because the national currencies also differ from each other.

The price of silver jewelry or silver objects

Buying a piece of jewelry is not the same as buying a gram of silver. When we buy the jewelry, a cost is added because the jewelry has to be designed and manufactured. In addition, jewelry made by a certain brand usually costs more than others. The price of silver is therefore usually higher when you buy an earring or necklace made of silver.

Is it a good idea to invest in silver?

Today, many people are interested in investing in shares, funds or real estate. Something that has been invested in for significantly longer is precious metals such as silver and gold. Investing in silver is in many ways a safer option than choosing securities . The price does not fluctuate as much and also the value is not affected in the same way by inflation. Therefore, it can be a slightly different but still good idea to buy home a silver bar, jewelry or a beautiful silver ornament!