Silver Prices in Europe

Silver price in Europe today

A gram of fine (999) silver in Europe is 1.50 EUR right now, an ounce 46.66 EUR and a kilo 1,500.21 EUR. Sterling silver .925 costs 1.39 EUR per gram because it contains only 92.5% pure metal.

The euro floats freely: a stronger euro against the dollar can lower the silver price in EUR even when the dollar price rises, and vice versa.

How we calculate these prices

We take the global price per ounce in dollars (52.07), divide by 31.1035 for the gram price, then multiply by the EUR exchange rate and the purity. Prices are indicative and exclude making charges or dealer margins.

Silver purity grades in Europe

• Fine silver .999: 1.50 EUR per gram — used for bullion bars and coins.
• Sterling silver .925: 1.39 EUR per gram — the standard for jewellery and cutlery, alloyed with copper for strength.
• Coin silver .900: 1.35 EUR per gram — common in older coins, hence the name coin silver.

What silver is used for and what moves its price

More than half of global silver demand comes from industry — solar panels, electronics and medical uses — alongside jewellery and investment. Silver therefore reacts more to the economy and industrial activity than gold does, and its daily swings are usually larger.

Tips for buying silver in Europe

• The gap between selling and buy-back prices on small silver bars is wider than for gold, because minting and shipping costs are large relative to the metal value.
• Check the purity stamp (999 or 925) and the refiner's name on the bar.
• Sterling silver jewellery is usually priced on design and workmanship more than metal weight.
• Tarnish is surface oxidation that does not change the metal value and can be cleaned gently.