Last updated: 22 October 2026. Prices change daily, so always check a live rate before you buy.
Quick answer: Silver has fallen a lot from its early-2026 peak, and the price per gram is lower this month than last month. But the raw silver inside a piece of jewellery is only a small part of what you pay, so a drop in the silver price does not make 925 jewellery dramatically cheaper. If you love a piece, you do not need to wait for the market.
Silver Price in UAE Today (22 October 2026)
Live rate sites differ by a few percent because they use different sources and update times. Here is the approximate range on 22 October:
| Silver type | Approx. price per gram (AED) |
|---|---|
| 999 fine silver | about AED 6.82 to AED 6.96 |
| 925 sterling silver (92.5% of fine) | about AED 6.3 to 6.4 |
| Per troy ounce (999) | about AED 212 to 216 prokeralaexchange-rates |
These are spot-based reference prices, not what you pay at a shop. Jewellers add making charges, design costs, plating and VAT.
What Has Happened to Silver Prices in 2026?
It has been a very volatile year. One market report says silver hit an all-time high of US$121.58 an ounce on 29 January 2026, then gave back much of that gain. More recently, one tracker shows the October average of about AED 6.94 per gram is lower than September’s average of AED 7.58. stashawayprokerala
So yes, silver is well below its peak. Nobody can say for sure where it goes next, so treat any “silver will rise or fall” prediction with caution.
Does a Lower Silver Price Make 925 Jewellery Cheaper?
Only slightly. Here is a simple example (illustrative, not a real product price):
- A ring with 5 g of sterling silver contains roughly AED 31 of metal at about AED 6.3 per gram.
- If the silver price falls by 10%, the metal cost drops by only about AED 3.
The rest of the price comes from other things:
- Design and craftsmanship: casting, finishing, setting stones
- Plating: gold or rose gold plating adds cost
- Stones: zircon and other stones
- Customisation: engraving, name pieces, Arabic or English lettering
- Quality control and hallmarking
- Business costs: packaging, delivery, support, and 5% VAT
That is why jewellery prices do not move up and down with the daily silver rate the way bullion does.
So, Is Now a Good Time to Buy Silver Jewellery?
If you are buying jewellery to wear or gift, the silver price should not be your main factor. Good reasons to buy now:
- You have an occasion coming up, such as Diwali, National Day, Christmas or a wedding
- You found a piece you love at a fair price
- A promotion is running (for example, buy 1, get the 2nd at 20% off on our site)
If you are thinking about silver as an investment, jewellery is not the same thing as bullion. Jewellery usually costs more than the metal inside it, so resale value is lower than the original price. Bars, coins and funds are different products with their own costs and risks. This article is general information, not financial advice, so speak to a licensed adviser before investing.
How to Make Sure You Pay a Fair Price for 925 Silver
- Check it is genuine 925. Look for the “925” stamp and buy from a seller who is clear about the material. Read our guide on how to tell if silver jewellery is real.
- Ask about weight and plating. Heavier pieces contain more silver, and gold plating changes the price.
- Compare like with like. Compare similar weight, finish and stones, not just the headline price.
- Be careful with very cheap “silver”. Silver-plated or alloy jewellery can look similar but does not last. See why 925 silver is better than fashion jewellery.
- Check delivery and returns. Read the Refund & Exchange Policy first.
- Think about gold vs silver. With gold at record highs this year, many buyers choose silver for everyday wear. See gold prices are sky high, is silver the smarter choice?
Shop 925 Silver Jewellery in UAE
At SH Silver Collection, every piece is genuine 925 sterling silver. You get:
- Free shipping across the UAE, with same-day delivery in Dubai
- Buy now, pay later with Tamara
- Custom name, ring and bangle options in English and Arabic
- Easy returns and 24/7 support
Browse silver rings, chains, bracelets, anklets, or our best sellers.
Frequently Asked Questions
What is the silver price per gram in the UAE today?
On 22 October 2026, 999 fine silver is roughly AED 6.8 to 7.0 per gram, and 925 sterling is about AED 6.3 to 6.4 per gram. Check a live rate for the exact figure.
Why is 925 silver cheaper than 999 silver per gram?
925 sterling silver is 92.5% pure silver mixed with 7.5% other metals, usually copper. It contains less pure silver per gram and is stronger for jewellery.
Is silver jewellery cheaper when the silver price drops?
Slightly, but not by much. Metal is only one part of the price. Design, plating, stones, customisation and VAT matter too.
Does the silver price affect jewellery prices in Dubai?
It can influence them over time, but shops do not usually change jewellery prices every day. Prices depend on the piece, not only the daily rate.
Is silver jewellery a good investment?
Jewellery is mainly for wearing and gifting. It usually costs more than its metal value, so it is not the same as buying bullion. Speak to a licensed adviser for investment decisions.
Is 925 silver good for daily wear?
Yes. Sterling silver is durable for everyday use. Avoid prolonged contact with water, perfume and chlorine to slow tarnishing.
