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.
Great Britain also had a major influence on silver prices being quoted in US dollars, not to mention that the “pound sterling” carries silver in its name. The island empire’s relations with the US ...
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 ...