The Silver Price Calculator works out what silver should cost — jewellery, coins, or bars — and helps you check a bill. Enter the weight, the purity (999 fine, 925 sterling, or 900 coin silver), today’s silver rate, and any making charges, and it shows an itemised breakdown: the silver value, making charges, 3% GST, and the total price.
You can copy the breakdown or download it as an image to keep or share. Everything runs in your browser — nothing you enter is stored, and there’s no live-rate dependency, so you enter the rate you were quoted.
How to use the silver price calculator
- Enter the weight of the silver item in grams.
- Select the purity — 999 (fine), 925 (sterling), or 900 (coin silver).
- Enter today’s fine (999) silver rate per gram; the calculator applies your grade’s purity.
- Add making charges if any (percentage or flat per gram) and keep GST on for the final price.
Silver purities explained
- 999 (fine silver) is 99.9% pure — used for coins, bars, and investment silver.
- 925 (sterling silver) is 92.5% pure — the standard for silver jewellery and cutlery.
- 900 (coin silver) is 90% pure — historically used for coins.
- The value depends on both the weight and the purity, so a heavier sterling piece can be worth less silver than a lighter fine-silver one.
Making charges and GST
Like gold, silver jewellery attracts making charges for craftsmanship — as a percentage of the silver value or a flat rate per gram. GST on silver is 3%, charged on the silver value plus making charges, because jewellery is a composite supply.
Silver coins and bars usually carry a smaller premium than intricate jewellery, so making charges are often lower. Comparing the making charges between sellers is the easiest way to avoid overpaying.
Frequently Asked Questions
How is the price of silver calculated?
Price = (weight × rate × purity) + making charges + 3% GST. The silver value depends on the item’s purity (999, 925, or 900), then making charges and GST are added. This calculator shows each part.
What is the difference between 999 and 925 silver?
999 is fine silver, 99.9% pure, used for coins and bars. 925 is sterling silver, 92.5% pure, the usual standard for jewellery and cutlery because it’s more durable.
Is there GST on silver?
Yes, GST on silver is 3%, applied to the silver value plus making charges. You can toggle GST off in the calculator to see the pre-GST amount.
Does this show the live silver rate?
No. You enter today’s rate yourself, which keeps the tool private and accurate to the price you were quoted. Check a trusted source or your dealer for the current rate.