Daily Silver Market Prices at ALLU

Check the daily selling price of silver daily. The price of silver changes daily due to the exchange rate, so it is important to check the market price frequently in order to sell your silver at the best price. ALLU offers the most competitive and unmatched prices for silver ingots, coins, Chrome Hearts, and other accessories.

Silver Market Price

*Updated:

Daily Market Price *Per Gram

Sv1000(Ingot)
$ ($)
Sv1000
$
Sv925
$

Silver Market Price Chart

Sv1000 Ingot (Per Gram)

Silver Market Price Simulation

Grade

Weight

Market Selling Price

  • - Precautions Regarding Selling Gold and Precious Metals -
  • *If the item's grade is unknown, we may ask you to leave the product with us temporarily to allow us to examine it accurately.
  • *Due to the influence of the gold and platinum market, prices may fluctuate even within the same day.
  • *Once sold, items will not be returned.

About Icons

The manufacturing and distribution process for brand products emits large amounts of carbon dioxide (CO2) and consumes large amounts of water. The images below represent the amounts of carbon dioxide and water consumption that can be reduced by reusing a product.

Carbon Dioxide (CO2) Reduction

Carbon Dioxide (CO2) Reduction

Carbon Dioxide (CO2) Reduction

CO2 reduction expressed by the amount of CO2 absorbed by a cedar tree annually.

Water Consumption Reduction

Water Consumption Reduction

Water Consumption Reduction

Water consumption reduction expressed by the volume of the 200-litre bathtub.
(Typical household bathtub size)

About Our Calculation Method

Our Calculation Method

  • The 'Resale Impact' is not a display of an actual environmental reduction but rather a quantification of the environmental impact (CO2 emissions and water consumption) generated by the manufacturing and distribution process that can be theoretically omitted when a customer purchases a product we resell instead of a buying a brand new item of the same type. Since our calculation is predicated on the emissions in the omitted manufacturing and distribution process, actual reductions in environmental impact may differ from our projected estimate.

  • Since our company does not manufacture goods, our calculations cover any resold goods (watches, bags, jewellery (including bullion), apparel, and accessories).
    Our company does not check and verify the actual numerical value of each item's environmental impact (CO2 emission and water consumption) for our Resale Impact. Instead, we base our calculations on data from the LCA database "Gabi*" and estimate the total environmental impact of an item's entire life cycle, from the procurement of its materials to its disposal and/or recycling. Our calculations were overseen by a third-party consulting firm.

  • Discrepancies in LCA results may occur due to differences in calculation assumptions or deficiencies in the manufacturing process.

  • Due to revisions in calculations, the latest calculated values of products may differ from those shown on product tags, etc.

**GaBi is a software provided by Sphera Solutions GmbH that evaluates the sustainability of products' lifecycles.

What We Buy at ALLU

  • Gold and Precious Metals
    Gold and Precious Metals
  • Watches
    Watches
  • Brand Bags
    Brand Bags
  • Brand Wallets
    Brand Wallets
  • Jewellery
    Jewellery
  • Accessories
    Accessories
  • Antiques
    Antiques

■ Items You Can Sell

Bags, pouches, tote bags, business bags, boston bags, clutches, travel bags, shoulder bags, wallets, card cases, passport holders, key cases, wristwatches, mules, sandals, oxfords, pumps, boots, pair rings, rings, necklaces, pendants, piercings, earrings, brooches, bracelets, gloves, belts, pens, wrist bands, anklets, accessories, eyewear, hats and caps, handkerchiefs, neckties, stoles, scarves, bangles, etc.

ALLU Offers Much More than High Selling Prices!

1

Reliable, credible, and trustworthy appraisals

Our knowledgeable and experienced experts provide accurate appraisals
Appraisal and Customer Service Training

Our staff undergo thorough training under the tutelage of specialists in various fields, such as watches and jewellery, that allow us to provide the most accurate, detailed, and credible appraisals. We conduct periodic in-house tests to ensure our employees maintain their expertise and develop new skills. As professionals, we constantly strive to improve our skills to provide the most competitive appraisals.

2

Focus on providing high-quality customer service

Focus on providing high-quality customer service

We make the selling process as simple as possible, and our staff ensures that our customers understand and are satisfied with each appraisal.

3

We purchase a wide variety of items and brands

We purchase a wide variety of items and brands

We cater for an extensive range of items and brands and actively consider items in all conditions, even items our competitors may refuse to buy.

4

No selling quantity or price limits

No selling quantity or price limits

For customers with large amounts or significantly expensive items, we buy and pay on the day without any limits in quantity or value.

5

Quick and easy appraisals

Quick and easy appraisals

Through our expert proficiency and globally vast product data collection, we provide speedy appraisals with minimal waiting time.

6

Stress-free and private spaces

Stress-free and private spaces

We strive to create the most stress-free selling experience with store spaces designed to ensure comfort and privacy.

7

Conveniently located stores

Conveniently located stores

ALLU stores are located in central areas for convenient access. Feel free to stop by while shopping or on the way home.

Shop Information

You Need to Show Valid Identification to Sell at ALLU!

Required Form of Identification
  • Hong Kong Identity Card
  • Passport
  • Only one of the above forms of identification is required.
  • We can not buy items from customers under the age of 18 years old.
  • We do not accept identification documents that are expired or out-of-date.
  • Corporate customers follow the same selling process as individual customers. No additional documentation is required.
Visit our FAQ section for more information

Silver in Accessories and Industrial Products

According to some historians, silver's use dates as far back as 3000 bc. In times predating metal refinement technology, silver was even valued above gold. Currently, silver is used across a variety of goods, including silverware, silver ingots, coins, accessories, etc. Silver is traded for industrial purposes as it possesses a number of useful attributes, such as being a good conductor of heat and electricity, having high reflectivity, and being antibacterial. At ALLU, many customers come to us to sell their silver jewellery, but we also buy silver products produced for industrial purposes. Here, we discuss silver's use in jewellery, manufacturing, and investments.

Characteristics of Silver

Common silver uses include jewellery, silver coating, raw silver investments, silverware, and also a variety of manufactured goods. In jewellery, silver is almost always used as a mixed alloy. This is because pure silver is quite soft and can easily be damaged or form dents. Silver is often regarded as having the best thermal as well as electrical conductivity among all metals. Due to its high ductility and malleability, silver can also be formed into a variety of shapes. Recently, cleaning products that use silver nanoparticles have become popular as well. These nanoparticles retain silver's antibacterial nature and effectively kill bacteria in clothes and prevent odours. Silver is also the metal with the highest reflectivity. Most products that require reflectivity use silver because of this, with the most representative example being mirrors which have excellent reflectivity when made with high-purity silver.

Silver as a Low-Risk Investment

Silver is one of the leading precious metal investments like gold and platinum. Silver has one of the smaller precious metal markets, but as an asset, it is appealing due to its stability. As a physical asset, silver is inflation-resistant, and depending on the state of the global market, silver investments can even return more than gold. Silver is also relatively cheap compared to other precious metals, making it a good investment for new investors. Due to its wide-ranging industrial use, the possibility of silver going out of use is almost nonexistent. As a long-term investment, you can expect future profits. Even if you started now, silver would be a solid investment. However, a downside of the silver market is that it is small and rapid and significant changes are common. The classic buy low, sell high strategy is an investing strategy that capitalizes on this market volatility.

About Silver Accessories

Most silver accessories use the 92.5% SV 925 silver alloy. This is commonly referred to as "Sterling Silver," and the remaining metal content is usually copper or nickel. Sterling silver has a hardness and a lustre appropriate for accessories while being easy to make and resistant to scratches. A downside to silver jewellery is that it can discolour and darken through everyday use. While some value tarnished silver, for those who want to avoid this, it is recommended that you properly clean your silver jewellery after use.

Popular Silver Jewelers and Brands

Silver jewellery is carried by fashion brands all over the world. The world's five largest jewellers, Tiffany & Co., Bulgari, Cartier, Harry Winston, and Van Cleef & Arpels, all carry a large variety of high-quality silver products. The silver jewellery market is generally targeted towards women, but some silver products are popular with males. For example, the fashion brand, Chrome Hearts, features a variety of male-centred silver products designed in a Gothic style. This brand is popular with actors and celebrities, and if you have a specific model that is the same as one worn by one of these famous individuals, it may fetch a higher selling price. Many brands carry silver accessories, for example, Lone Ones, Royal Order, Crazy Pig, Justin Davis, etc. Each of these brands are popular with international appeal. At ALLU, we welcome and actively make offers for all silver products. Our trusted Value Designers will conduct an appraisal on-site. Even products with no certification or identifying marks are eligible. For accessories, appraisals will also consider the brand name as well as the design when determining a selling price. When looking to sell branded items, please bring the box it came in and/or any other identifying documents that came with the item. Items sold with these accompanying items and documents may be worth more. If you have any unused silver items at home, take advantage of our services and request an appraisal at ALLU today. Appraisals are entirely free, and we can provide consultations using a variety of methods, such as social media apps, email, or even our home service, in which you can receive an appraisal from the comfort of your own home.

ALLU Frequently Asked Questions

How do you decide the selling price of gold, platinum and other precious metal accessories?

The selling price of precious metals such as gold and platinum is determined according to the 'market price', which is set on a daily basis.
We measure the items you bring to us and derive the appraisal value based on the market price x weight. However, in some cases, if the item possesses an exceptional design as jewellery, we may consider the additional value.

My gold/precious metal does not have any engravings. Can I still get it appraised and sell it?

We can evaluate the item, and if we are able to determine that it is gold, we can purchase it. However, please understand that it may take us some time to check the ratio and other details of the precious metal in question, and there may be cases where we can not proceed with a transaction due to the evaluation.

Can I sell broken items such as broken necklaces, rings with missing stones, or earrings with one pair missing?

We will evaluate the item(s) in question, and if we can determine they are made of precious metals, we can make an offer for them.

How long does it take for an appraisal at the store?

We estimate 10 to 15 minutes for a single item. It depends on the item and the quantity, so please ask our staff when you visit.

Do scratches and stains affect the selling price?

Generally, the condition of the item does not have a major impact.
In the case of ingots, depending on their condition, they may be treated as scrap, which may significantly affect the selling price. For other precious metal products, we will have to actually observe the item in question before making a decision.

Can I sell old coins and foreign gold coins?

If, according to our regulations, we can determine that the item(s) can be treated as precious metals, we can make an offer for them at the best possible price.

Some commemorative and foreign gold coins have a premium value, as they are hard to obtain due to their small circulation. If you bring such gold coins to us, they may be worth more than ordinary precious metals.

When is the best time to sell gold and precious metals?

Compared to past gold market prices, the current prices can be considered quite advantageous, so we believe that the present is a favourable time to consider selling.

However, the market price of gold and precious metals fluctuates daily, so it is very important to notice the timing when the market price is high.

Is the selling price different for ingots and gold jewellery?

Yes, the selling price of ingots and gold accessories is different.
Ingots have their own values and prices: we can make an offer at the ingot price if the brand is recognised in our regulations. On the other hand, even if it is 24-karat gold, gold jewellery is treated as scrap, so that the price will be slightly lower.

Is there a difference in selling price between ingots with and without engraving?

Ingot prices are determinable only for the brands recognised by our regulations. Even if the item in question has the shape of an ingot, if it is not engraved, or if the issuing brand is not one of the recognised brands, there may be cases where it cannot be treated as an ingot.