The Real Value of Silver: How Market Changes Shape Ichu’s Jewellery

Over the past five years, the price of silver has climbed to new heights — almost tripling in Australian dollar terms.

For many, this is just a number. But for us at Ichu, silver isn’t just a metal it’s the foundation of our craft, our collections, and our connection to the earth. Understanding how silver’s value has evolved helps us share the deeper story behind each handcrafted piece we create.

📈 The Journey of Silver Prices

In 2020, silver in Australia traded at around A$25 per ounce. Today, it sits above A$75 per ounce — an incredible rise driven by global demand and shifting economic trends.

This upward movement has been shaped by:

• Growing industrial demand for silver in solar panels, electronics, and renewable energy.
• Reduced mining output, as silver is often produced as a by-product of other metals.
• Currency fluctuations, with the Australian dollar softening against the U.S. dollar.

A closer look at silver’s performance in Australian dollars over the past five years shows just how dramatically the landscape has shifted — reflecting not just market forces, but the growing global focus on sustainable materials and ethical craftsmanship.

Data: goldprice.org, IndexMundi,. 

Silver’s steady rise reflects both market shifts and the increasing importance of sustainable, real-world value.

Together, these factors have made silver one of the most dynamic and valuable precious metals of the decade. 

💍 What Rising Silver Means for Ichu

Every Ichu piece is crafted from solid sterling silver — never plated or filled. That means global silver prices directly influence our materials and production costs.

Rather than compromising on quality, we’ve evolved how we work to maintain integrity and value:

• Collaborating closely with our Mexican silversmiths to ensure ethical sourcing.
• Absorbing part of the metal cost increase to keep prices fair for our customers.
• Designing with longevity in mind, so every piece holds lasting emotional and material worth.

When silver’s value rises, so too does the intrinsic worth of every Ichu design. What you’re wearing today is more than jewellery — it’s a piece of precious metal that continues to appreciate over time.

🌿 Beyond the Numbers: A Reflection of Worth

In an age of fast fashion and fleeting trends, silver’s rising value reminds us why craftsmanship, sustainability, and authenticity matter.

Each Ichu piece tells a story — of hands that shape it, materials that come from the earth, and a process that honors both beauty and integrity.

So while the price of silver may fluctuate, our purpose remains the same: to create jewellery that feels timeless, grounded, and truly valuable — in every sense of the word.

🕊️ Final Thought

When you choose Ichu, you’re not just buying jewellery — you’re investing in something real, rare, and lasting.