Silver /g
₹ 91.5
Silver /kg
₹ 91,500
Your Daily Silver Price Update
Silver Rate Today: Today's Silver Price at a Glance! The Current Silver Price in India today is ₹ 91.5 per gram and ₹ 91,500 per kilogram. Silver price in India is determined by international prices, which move in either direction.
Today Silver Price Per Gram/Kg in India (INR)
| Gram | Today | Yesterday | Change |
|---|---|---|---|
| 1 | ₹ 91.5 | ₹ 92 | -0.5 |
| 8 | ₹ 732 | ₹ 736 | -4 |
| 10 | ₹ 915 | ₹ 920 | -5 |
| 100 | ₹ 9,150 | ₹ 9,200 | -50 |
| 1000 | ₹ 91,500 | ₹ 92,000 | -500 |
Indian Major Cities Silver Rates Today
| City | 10 gram | 100 gram | 1 Kg |
|---|---|---|---|
| Chennai | ₹ 1,005 | ₹ 10,050 | ₹ 1,00,500 |
| Mumbai | ₹ 915 | ₹ 9,150 | ₹ 91,500 |
| Delhi | ₹ 915 | ₹ 9,150 | ₹ 91,500 |
| Kolkata | ₹ 915 | ₹ 9,150 | ₹ 91,500 |
| Bangalore | ₹ 915 | ₹ 9,150 | ₹ 91,500 |
| Hyderabad | ₹ 1,005 | ₹ 10,050 | ₹ 1,00,500 |
| Kerala | ₹ 1,005 | ₹ 10,050 | ₹ 1,00,500 |
| Pune | ₹ 915 | ₹ 9,150 | ₹ 91,500 |
| Vadodara | ₹ 915 | ₹ 9,150 | ₹ 91,500 |
| Ahmedabad | ₹ 915 | ₹ 9,150 | ₹ 91,500 |
In-Depth Guide to Silver: Rates, Investment, and Market Dynamics
Silver Rates and Prices
Silver rates fluctuate based on market demand, geopolitical events, and economic conditions. Investors can track silver prices through financial news platforms and local dealers. Prices are often quoted per gram or per ounce, and it's essential to stay updated for informed purchasing and trading decisions.
Investing in Silver
Investing in silver is increasingly popular, seen as a hedge against inflation and a safe haven during economic uncertainty. Investors typically choose between:
- Physical Silver: Coins, bars, and jewelry.
- Silver ETFs: Exchange-traded funds that track silver prices, allowing for easy buying and selling without physical ownership.
Trading Silver
Silver trading can occur through various channels, including:
- Local Dealers: For physical silver purchases.
- Online Platforms: Offering convenience and often competitive rates.
- Futures and Options: Allowing speculation on price movements without physical ownership, suitable for experienced traders.
Purchasing Silver
When purchasing silver, consider:
- Purity: Look for hallmarked or certified silver, typically 92.5% pure (925 sterling silver).
- Reputable Sellers: Whether online or in-person, choose trustworthy dealers to ensure fair pricing and quality.
Silver Loans
Many banks and financial institutions offer loans against silver. This allows individuals to leverage their silver holdings for cash without selling them. Loan terms, interest rates, and conditions vary, so it’s important to compare options before committing.
Geography and Mining of Silver
Silver is mined in various regions worldwide, with major producers including Mexico, Peru, and China. While the U.S. and Canada also contribute significantly, silver mining operations can be found globally, impacting supply and pricing.
Market Trends and Future Outlook
The demand for silver is driven by several factors:
- Industrial Uses: Silver is crucial in electronics, solar panels, and medical applications.
- Investment Demand: Growing awareness of silver as a valuable asset may lead to increased investment.
- Cultural Significance: In some cultures, silver holds significant value for jewelry and ceremonial uses.