How much is sterling silver per gram in English sterling?

Sterling Silver is 92.5% pure. Therefore, 1 gram of Sterling Silver contains 0.925g of pure silver. 1 gram of sterling silver is worth: 0.5714 x 0.925 = £0.5285 Rounded up, a gram of sterling silver is worth 53p / gram.

As of 20/01/2011, fine silver is priced at £17.7729 / Troy Ounce (source: lbma.org.uk). There are 31.103 grams in a Troy Ounce. Therefore, 1 gram of fine silver is worth: 17.7729 / 31.103 = £0.5714