Silver Rate in Chennai Today Last Updated : 28 Nov 2022

Chennai is one of the highest consumers of silver in the country. Most of the consumption is in the form of jewelry or silverware. This is a national trend where most of the imported silver is used more for individual consumption rather than industrial usage.

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  • Today's Silver Rate in Chennai (28 Nov 2022)

    ₹ 67.5
    Today's Silver Rate per gram

    Compare Silver Rate In Chennai (Today & Yesterday)

    Today
    Yesterday
    Rate Change
    Silver (1 gram) ₹ 67.5 ₹ 67.5 ₹ 0 ↑
    Bar Silver (1 Kg) ₹ 67,500 ₹ 67,500 ₹ 0 ↑

    Silver Price In Chennai For Last 10 Days

    Date Silver (1 gram) Bar Silver (1 Kg)
    27 Nov 2022 ₹ 67.5 ₹ 67,500
    26 Nov 2022 ₹ 67.5 ₹ 67,500
    25 Nov 2022 ₹ 68 ₹ 68,000
    24 Nov 2022 ₹ 68.2 ₹ 68,200
    23 Nov 2022 ₹ 67 ₹ 67,000
    22 Nov 2022 ₹ 67 ₹ 67,000
    21 Nov 2022 ₹ 66.5 ₹ 66,500
    20 Nov 2022 ₹ 67.5 ₹ 67,500
    19 Nov 2022 ₹ 67.5 ₹ 67,500
    18 Nov 2022 ₹ 67 ₹ 67,000

    Weekly & Monthly Graph of Silver Rate in Chennai

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    • 3 Months
    • 6 Months

    *Disclaimer: Bankbazaar makes no guarantee or warranty on the accuracy of the data provided on this site, the prevailing rates are susceptible to change with Market value and provided on an as-is basis. Nothing contained herein is intended or shall be deemed to be investment advice, implied or otherwise. We accept no liability for any loss arising from the use of the data contained on this website.

    Today's Silver Price in Chennai

    Silver is among the most popular commodities in india.Silver Rate in Chennai or for that matter other cosmopolitan cities like Mumbai or Delhi, are a reflection of the international silver rate as decided by various market dynamics. Silver as a commodity is traded mainly on the MCX or Multi-Commodity Exchange in India, which is also among the top 3 destinations worldwide for silver trading.

    Across the world, more than half the total silver consumption is mainly for industrial purposes, as silver is a highly useful metal with a range of properties that make it attractive for large industries such as manufacturing, medicine etc.

    Silver production in India is minimal and most of the internal demand has to be met through imports. For consumers in Chennai, silver has emerged not only as a metal for jewelry and ornamentation, but also as a safe bet for savings in the long and short run.

    Know - Gold Rate in Chennai

    Historical Trend of Silver Price in Chennai

    Months Lowest Silver Price Per Kg Highest Silver Price Per Kg
    October 2022 65,400 68,500
    September 2022 65,200 68,500
    August 2022 65,200 68,500
    July 2022 65,100 68,400
    June 2022 65,200 68,500
    May 2022 63,400 69,500
    April 2022 68,800 75,200
    March 2022 70,000 77,600
    February 2022 65,300 70,100
    January 2022 64,300 69,300
    December 2021 64,600 66,300
    November 2021 66,500 71,700
    October 2021 63,700 70,300
    September 2021 63,000 69,600
    August 2021 66,600 73,100
    July 2021 71,400 75,000

    Trend of Silver Rate in Chennai for November 2022 (rates per kg)

    Parameters Silver price (per kg)
    November 1 Rate Rs.63,700 per kg
    November 22 Rate Rs.67,000 per kg
    Highest Rate in November Rs.68,500 per kg on 15 November
    Lowest Rate in November Rs.63,700 per kg on 1 November
    Overall Performance Incline

    Trend of Silver Rate in Chennai for October 2022 (rates per kg)

    Parameters Silver price (per kg)
    October 1 Rate Rs.62,000 per kg
    October 31 Rate Rs.63,000 per kg
    Highest Rate in October Rs.67,000 per kg on 5 October
    Lowest Rate in October Rs.60,500 per kg on 15 and 16 October
    Overall Performance Decline

    Trend of Silver Rate in Chennai for September 2022 (rates per kg)

    Parameters Silver price (per kg)
    September 1 Rate Rs.58,000 per kg
    September 30 Rate Rs.61,500 per kg
    Highest Rate in September Rs.63,200 per kg on 23 September 2022
    Lowest Rate in September Rs.58,000 per kg on 1 September
    Overall Performance Decline

    Trend of Silver Rate in Chennai for August 2022 (rates per kg)

    Parameters Silver price (per kg)
    August 1 Rate Rs.63,300 per kg
    August 31 Rate Rs.60,000 per kg
    Highest Rate in August Rs.64,800 per kg on 13, 14, and 15 August
    Lowest Rate in August Rs.60,000 per kg on 31 August
    Overall Performance Decline

    Trend of Silver Rate in Chennai for July 2022 (rates per kg)

    Parameters Silver price (per kg)
    July 1 Rate Rs.65,000 per kg
    July 30 Rate Rs.60,700 per kg
    Highest Rate in July Rs.65,700 per kg on 1 July
    Lowest Rate in July Rs.60,700 per kg on 16, 17, and 19 July
    Overall Performance Decline

    Trend of Silver Rate in Chennai for June 2022 (rates per kg)

    Parameters Silver price (per kg)
    June 1 Rate Rs.67,000 per kg
    June 26 Rate Rs.65,700 per kg
    Highest Rate in June Rs.68,500 per kg on 3 June
    Lowest Rate in June Rs.65,700 per kg on 25 and 26 June
    Overall Performance Decline

    June 2022 - Week 1 (1 - 6):

    • In the city of Chennai, silver had opened at Rs.67,000 per kg.
    • The rate of the white metal had recorded its highest price at Rs.68,500 per kg on 3 June.
    • Silver rate in Chennai had reached its lowest for the week at Rs.67,000 on 1 June and 2 June.

    June 2022 - Week 2 (6 - 12):

    • Silver opened the month of June standing at the rate of Rs.67,000 per kg in Chennai.
    • The price of the precious white metal witnessed an overall stability over the month. It recorded the highest price for the month on 3 June when a kilogram of silver was being sold at the rate of Rs.68,500. The lowest price was recorded on 1 and 2 June and 10 to 12 June wherein it stood at the rate of Rs.67,000 per kg.
    • In Chennai, the second week of June closed with silver being traded at the rate of Rs.67,000 per kilogram.

    June 2022 - Week 3 (13 – 19):

    • Silver opened the month of June standing at the rate of Rs.67,300 per kg in Chennai.
    • It recorded the highest price for the month on 13 June when a kilogram of silver was being sold at the rate of Rs.67,300. The lowest price was recorded was Rs.66,000 on 14th, 15th, and 16th June.
    • In Chennai, the third week of June closed with silver being traded at the rate of Rs.66,300 per kilogram.

    June 2022 - Week 4 (20 - 26):

    • Silver opened the month of June standing at the rate of Rs.67,000 per kg in Chennai.
    • The price of the precious white metal witnessed an overall decline over the month. It recorded the highest price for the month on 3 June when a kilogram of silver was being sold at the rate of Rs.68,500. The lowest price was recorded on 25 and 26 June wherein it stood at the rate of Rs.65,700 per kg.
    • In Chennai, the fourth week of June closed with silver being traded at the rate of Rs.65,700 per kilogram.

    Trend of Silver Rate in Chennai for May 2022 (rates per kg)

    Parameters Silver price (per kg)
    May 1 Rate Rs.69,500 per kg
    May 31 Rate Rs.67,500 per kg
    Highest Rate in May Rs.69,500 per kg on 1 May
    Lowest Rate in May Rs.63,400 per kg on 13 May
    Overall Performance Decline

    May 2022 - Week 1 (1 - 8):

    • In the city of Chennai, silver had opened at Rs.69,500 per kg.
    • The rate of the white metal had recorded its highest price at Rs.69,500 per kg on 1 May.
    • Silver rate in Chennai had reached its lowest for the week at Rs.67,000 on 4 May.

    May 2022 - Week 2 (9 - 15):

    • Silver opened the month of May standing at the rate of Rs.69,500 per kg in Chennai.
    • The price of the precious white metal witnessed an overall declining trend over the month. It recorded the highest price for the month on 1 May when a kilogram of silver was being sold at the rate of Rs.69,500. The lowest price was recorded on 13 May wherein it stood at the rate of Rs.63,400 per kg.
    • In Chennai, the second week of May closed with silver being traded at the rate of Rs.63,700 per kilogram.

    May 2022 - Week 3 (16 - 22):

    • Silver opened at Rs.64,500 per kg in Chennai.
    • The highest price was recorded at Rs.65,900 per kg on 20th, 21st and 22nd May.
    • Silver price in Chennai closed the week at Rs.65,900 per kg

    May 2022 - Week 4 (23 - 31):

    • Silver opened the month of May standing at the rate of Rs.69,500 per kg in Chennai.
    • The price of the precious white metal witnessed an overall declining trend over the month. It recorded the highest price for the month on 1 May when a kilogram of silver was being sold at the rate of Rs.69,500. The lowest price was recorded on 13 May wherein it stood at the rate of Rs.63,400 per kg.
    • In Chennai, the last week of May closed with silver being traded at the rate of Rs.67,500 per kilogram.

    Trend of Silver Rate in Chennai for April 2022 (rates per kg)

    Parameters Silver price (per kg)
    April 1 Rate Rs.71,700 per kg
    April 30 Rate Rs.69,500 per kg
    Highest Rate in April Rs.75,200 per kg on 18 April
    Lowest Rate in April Rs.68,800 per kg on 28 and 29 April
    Overall Performance Decline

    April 2022 - Week 1 (1 - 10):

    • In the city of Chennai, silver had opened at Rs.71,700 per kg in April.
    • The rate of the white metal had recorded its highest price on 1st April. On this date, the rate of silver was Rs.71,700 per kg.
    • Silver rate in Chennai had reached its lowest for the week on 6th April at Rs.70,600 per kg.

    April 2022 - Week 2 (11 - 17):

    • Silver opened the month of April standing at the rate of Rs.71,700 per kg in Chennai.
    • The price of the precious white metal witnessed an overall inclining trend over the month. It recorded the highest silver price for the month on 14 and 15 April when a kilogram of silver was being sold at the rate of Rs.74,400. The lowest silver price was recorded on 6 April wherein it stood at the rate of Rs.70,800 per kg.
    • In Chennai, the second week of April closed with silver being traded at the rate of Rs.74,200 per kilogram.

    April 2022 - Week 3 (18 - 24):

    • In the city of Chennai, silver had opened at Rs.75,200 per kg in April.
    • The rate of the white metal had recorded its highest price on 18th April. On this date, the rate of silver was Rs.75,200 per kg.
    • Silver rate in Chennai had reached its lowest for the week on 23rd and 24th April at Rs.71,600 per kg.

    April 2022 - Week 4 (25 - 30):

    • Silver opened the month of April standing at the rate of Rs.71,700 per kg in Chennai.
    • The price of the precious white metal witnessed an overall declining trend over the month. It recorded the highest price for the month on 18 April when a kilogram of gold was being sold at the rate of Rs.75,200. The lowest price was recorded on 28 and 29 April wherein it stood at the rate of Rs.68,800 per kg.
    • In Chennai, the month of April closed with silver being traded at the rate of Rs.69,500 per kilogram.

    Trend of Silver Rate in Chennai for March 2022 (rates per kg)

    Parameters Silver price (per kg)
    March 1 Rate Rs.70,000 per kg
    March 31 Rate Rs.71,300 per kg
    Highest Rate in March Rs.77,600 per kg on 9 March
    Lowest Rate in March Rs.70,000 per kg on 1 March
    Overall Performance Incline

    March 2022 - Week 1 (1 - 9):

    • In the city of Chennai, silver had opened at Rs.71,900 per kg in March.
    • The rate of the white metal had recorded its highest price on 5th and 6th March. On these dates, the rate of silver was Rs.73,400 per kg.
    • Silver rate in Chennai had reached its lowest for the week on 3rd and 4th March at Rs.72,500 per kg.

    March 2022 - Week 2 (7 - 13):

    • Silver opened the month of March standing at the rate of Rs.70,000 per kg in Chennai.
    • The price of the precious white metal witnessed an overall inclining trend over the month. It recorded the highest price for the month on the 24th of March when a kilogram of silver was being sold at the rate of Rs.77,600. The lowest price was recorded on the 1st of March wherein it stood at the rate of Rs.70,000 per kg.
    • In Chennai, the month of March closed with silver being traded at the rate of Rs.77,600 per kilogram.

    March 2022 - Week 3 (14 - 20):

    • In the city of Chennai, silver had opened at Rs.74,700 per kg in March.
    • The rate of the white metal had recorded its highest price at Rs.72,900 per kg on 17th and 18th March.
    • Silver rate in Chennai had reached its lowest for the week Rs.72,300 per kg on 16th and 19th March.

    March 2022 - Week 4 (21 - 31):

    • Silver opened the month of March standing at the rate of Rs.70,000 per kg in Chennai.
    • The price of the precious white metal witnessed an overall inclining trend over the month. It recorded the highest price for the month on the 24th of March when a kilogram of silver was being sold at the rate of Rs.77,600. The lowest price was recorded on the 1st of March wherein it stood at the rate of Rs.70,000 per kg.
    • In Chennai, the month of March closed with silver being traded at the rate of Rs.77,600 per kilogram.

    Trend of Silver Rate in Chennai for February 2022 (rates per kg)

    Parameters Silver price (per kg)
    February 1 Rate Rs.65,300 per kg
    February 28 Rate Rs.70,100 per kg
    Highest Rate in February Rs.70,600 per kg on 24 February
    Lowest Rate in February Rs.64,900 per kg on 7 February
    Overall Performance Incline

    February 2022 - Week 1 (1 - 9):

    • In the city of Chennai, silver had opened at Rs.65,300 per kg in February.
    • The rate of the white metal had recorded its highest price on 2nd and 3rd February. On these dates, the rate of silver was Rs.65,600 per kg.
    • Silver rate in Chennai closed had reached its lowest for the week on 5th and 6th February at Rs.65,600 per kg.

    February 2022 - Week 2 (7 - 13):

    • Silver opened the second week of February standing at the rate of Rs.65,300 per kg in Chennai.
    • The price of the precious white metal witnessed an overall declining trend over the month. It recorded the highest silver price for the month on the 12th and 13th of February when a kilogram of gold was being sold at the rate of Rs.67,400. The lowest price was recorded on the 7th of February wherein it stood at the rate of Rs.64,900 per kg.
    • In Chennai, the second week of February closed with silver being traded at the rate of Rs.67,400 per kilogram.

    February 2022 - Week 3 (14 - 20):

    • In the city of Chennai, silver had opened at Rs.68,200 per kg in February.
    • The rate of the white metal had recorded its highest price on 15th February at Rs.69,200 per kg.
    • Silver rate in Chennai closed had reached its lowest for the week on 16th February at Rs.67,800 per kg.

    February 2022 - Week 4 (21 - 28):

    • Silver opened the month of February standing at the rate of Rs.65,300 per kg in Chennai.
    • The price of the precious white metal witnessed an overall inclining trend over the month. It recorded the highest silver price for the month on the 24th of February when a kilogram of gold was being sold at the rate of Rs.70,600. The lowest price was recorded on the 7th of February wherein it stood at the rate of Rs.64,900 per kg.
    • In Chennai, the month of February closed with silver being traded at the rate of Rs.70,600 per kilogram.

    Silver market rates in Chennai

    Silver is generally available at 999 purity, which means that out of 1000 parts of the final alloy, 999 parts are pure silver. Silver purity is also calculated in terms of percentage of silver in the material, for instance 99% purity or 990 purity.

    Silver rates in Chennai are decided as per the weight of silver in grams and troy weights. Popular units of measurement include grams, tolas, kilograms, ounces, million ounces, tonnes, short tonnes, metric tonnes etc.

    • Silver prices in Chennai in the past 5 years (price/kg, prices approximated to nearest thousand)
    • Silver prices in Chennai saw a rally in mid-2010 from around Rs.27,000 to a peak of Rs.68,905 in the first quarter of 2011. Prices gradually started to fall after the peak achieved in 2011, and reached sub-Rs.50,000 level in mid-2012. Prices remained more or less the same for the next year, with 2013 witnessing a downward spiral from a high of Rs.56,000 to Rs.40,000 by the end of the year. The downward trend continued for 2014, and the highest silver rate in Chennai during the year was around Rs.46,000, with the year ending at Rs.37,000.

    • Silver rates in Chennai for 2015 (price/kg, prices approximated)
    • Silver prices in Chennai at the start of 2015 were around Rs.36,200. Prices peaked on 21st January at Rs.40,565. February started with Rs.38,360 per kg of silver in Chennai, and ended at Rs.37,210. March month saw the rates mostly remain the same, with the month ending at Rs.37,390. Silver prices rallied at the end of April to cross the Rs.41,000 mark and peaked on 18th May at Rs.43,500. Current price of silver per kg has hovered around Rs.37,000.

    Factors that influence Silver Price in Chennai

    There are many factors that determine the silver price in Chennai, some of which are given below:

    The US dollar: This has one of the biggest influences on the silver price in Chennai. There is an inverse relationship between the US dollar and silver prices as people stop investing in precious metals and prices dip when the US dollar rises during a recession and vice versa. So it is a good idea to keep a track on the trends in the US dollar and buy silver accordingly when prices are low. Silver can be used as a long-term investment that will be a good protection against inflation.

    Industrial demand: Silver is used in a variety of industries ranging from superconductors to batteries. So an industrial demand for silver can result in higher prices. A demand for Exchange-Traded Funds (ETFs) can result in a stronger demand for silver bullions.

    Global factors: Global factors play a strong role in silver prices in Chennai. US Federal Reserve policies, for example, determine silver rates in Chennai to a great extent. The price of silver in Chennai usually dips when the rate of interest in the US increases.

    Silver products as investments

    Chennai residents have also been using silver as means of investment that gives decent returns. Also, as a precious metal, silver is a safe avenue for investments as it will be steadily valued up over time.

    Jewelry and wares: Silver jewelry and wares are available easily in Chennai. One can simply go to the nearest jewelry shop and buy intricately designed silver jewelry pieces and wares such as utensils etc. This physical silver acts as a reserve for people which can be easily liquidated at times of need. The demand for silver also picks up during festivals.

    Coins: Silver coins are issued by various agencies such as banks and private companies in India. Coins are available in different varieties such as 10 grams, 100 grams etc. Silver rates in Chennai are reflected in the coin prices in the city. Pure silver is rarely used in coinage, with alloys being the preferred choice. Silver coins in Chennai are mainly available with 999 purity.

    Bars: Silver bars are also quite popular with consumers in Chennai. The bars can be purchased at various bullion providers in the city. Silver ingots have been traditionally the preferred choice of Chennai residents to invest in bullion. These ingots or bars are quite easily available and can be purchased at reasonable prices throughout the city.

    Silver dealers in Chennai

    Major silver sellers in Chennai include SLN Bullion, Vummidi Silverware, Tanishq, N. Gopaldas, GRT, Khazana Jewellers and many more. These dealers offer various products of silver such as bars, jewelry, ornaments, silverware, coins, gift articles etc. The dealers mostly sell silver at latest prices, with variations in price according to the product type. For instance, silver jewelry will cost you more for the same quantity of pure silver than a silver bar.

    Silver demand and supply

    Silver is mainly produced as a by-product of other metal production processes. By-product silver accounts for more than 80% of total silver in the world, with the remaining quantities mined in countries predominantly in the Americas. Many countries, including India, have bought large reserves of silver to meet their internal requirements as well as global demands.

    Silver rates in Chennai are a direct product of the global demand and supply chain. The demand for silver has steadily exceeded its supply in the recent past, and this has led to silver prices in Chennai going to peak levels in the last few years.

    Factors to Consider Before Purchasing Silver in Chennai

    These are a few crucial factors to consider before buying silver in Chennai:

    Buyback - Many jewellers in Chennai provide the opportunity to buyback silver, which means that you can replace your old silver jewellery with new ones. With this option, you can get new jewellery designs without spending money. However, note that silver jewellery is resold on the basis of its weight. Therefore, this aspect must be taken into account when trading in old silver for new.  

    Check hallmark - You should always purchase Bureau of Indian Standards (BIS) certified silver. When you purchase silver, make sure to check its purity, marking year, BIS mark, jeweller/manufacturer’s identification mark, and Assay centre identification mark. 

    Invoice - Purchasing silver should always be a straightforward process. Therefore, you must request an invoice when buying silver. The invoice will be helpful in case you want to resell your silver and it will also serve as a record of the precise details of the silver form. 

    Online shopping - If you want to buy silver jewellery in Chennai, it is crucial to be sure the seller is a reputable jewellery business. Furthermore, keep an eye on the daily silver prices in Chennai. By doing this, you will make sure that you do not pay more than the current silver rates. 

    FAQs on Silver Rate in Chennai

    1. Where can I buy the best quality silver in Chennai?
    2. You can purchase the best quality silver from leading silver retailers in the city, as well as, from the leading jewellers in Chennai.

    3. What are the factors that determine the silver price in Chennai?
    4. There are many factors which play an important role in determining the silver price in Chennai such as crude oil prices, U.S. dollar value, rupee value along with the performance of the global equities market, etc.

    5. Will the silver price in Chennai change today?
    6. The price of silver can change depending on a number of factors such as the political tensions between two or more countries, crude oil prices, the trend of the commodities market along with the trend of the equities market.

    7. Why is silver regarded as being an industrial requirement?

      With over three-quarters of its usage coming from industries, silver is largely an industrial metal. When silver is mined, other metals including zinc, lead, copper, and gold are also produced as byproducts.

    8. How to purchase silver in Chennai?

      Physical bullion or securities backed by silver are the two options for purchasing silver. In addition to being a long-term hedge against inflation and stock market volatility, silver also advantages from the expansion of particular industries.

    9. Is the price of silver lower in Chennai?

      Yes, throughout the modern age, silver has been seen as being less expensive than gold. Silver is typically employed in industrial settings.

    10. What to know before purchasing silver in Chennai?

      It is advised to choose online silver dealers over physical coin and bullion stores when purchasing silver since online dealers may offer much lower dealer premiums than physical coin and bullion stores.

    11. What choices do I have for investing in silver in Chennai?

      You can invest in silver through silver futures trading, silver exchange-traded funds (ETFs) listed on the US market, silver jewellery, antiques, silver coins, etc.

    12. How is silver used in Chennai?

      In Chennai, silver is mostly utilised in radiology, manufacturing of satellites, utensil making, and more.

    13. Is GST impacting silver prices in Chennai?

      Yes, a GST of 3% is levied on silver in Chennai.

    14. Which is a better investment among silver coins and bars?

      Silver coins are a good place to start if you wish to make a small investment. When buying stocks in bulk, silver bars are a better option for getting higher profits.

    15. When is the ideal time to buy silver in Chennai?

      The ideal time to buy silver in Chennai is when the prices are low. To evaluate the price trend, you have to check the silver rates on a regular basis.

    Also Check Silver Price in NearBy Cities of Chennai

    Read More on Silver

    News About Silver Rate in Chennai

    • Silver prices drop by Rs.200 on 24 November

      On Thursday, the price of silver dropped by Rs.200 and is being sold at Rs.61,000 per kg in Mumbai, Kolkata, and Delhi. The precious metal is priced at Rs.67,500 per kg in Bengaluru, Hyderabad, and Chennai.

      25 November 2022

    • Silver prices across major cities Mumbai, Delhi, Hyderabad, Kolkata, and Bengaluru on 18 November 2022

      You can buy 1 kg of silver in Mumbai for Rs.61,200, in Bengaluru for Rs.67,200, in Delhi for Rs.61,200, in Hyderabad for Rs.67,200, and in Kolkata for Rs.61,200.

      19 November 2022

    • Silver prices across major Indian cities on 14 November 2022

      The price of a kg of silver in Chennai is Rs.67,500 whereas it is Rs.61,700 across major cities in India such as Mumbai, Kolkata, and Delhi.

      16 November 2022

    • Silver prices jump in India on 4 November 2022

      Silver prices in India jumped by Rs.1,561 on 4 November 2022 and are Rs.58,610 per kg. In the previous session, the prices of the white metal closed at Rs.57,049 for a kg. Silver futures prices for the month of December on the Multi Commodity Exchange (MCX) increased by Rs.531 and are Rs.58,857 for a kg. Like silver, gold prices increased in the country as well.

      5 November 2022

    • Price of silver falls on 31 October 2022

      The price of silver dropped in some of the major cities in India. It was retailing at Rs.57,500 in Mumbai. Pune Kolkata, and Delhi, and Rs.63,000 per kg at Hyderabad and Chennai.

      1 November 2022

    • The price of silver stands at Rs.56,497 per kilogram on 21 October 2022

      Silver prices went down in the domestic market today, 21 October. In Kolkata and Chennai, the price of one kilogram of white metal stands at Rs.61,500. In Delhi and Mumbai, silver is selling at Rs.56,150 per kilogram. On the Multi Commodity Exchange, silver is retailing at Rs.56,497 per kilogram after a drop of Rs.505.

      25 October 2022

    • Price of one kilo of silver dipped today on 12 October 2022

      The cost of one kilo of silver records a drop in the price in some of the major Indian cities such as Pune, Kolkata, Delhi, and Mumbai. The price of white metal stands at Rs.58,500 today, 12 October. In some of the south Indian cities, such as Chennai, Hyderabad, and Bengaluru, the price of silver stands at Rs.64,000 per kg.

      13 October 2022

    • The price of one kilo of silver remains unchanged on 8 October

      The price of one kilo of silver opened at Rs.61,500 today 7 October. The price of silver remains unchanged after a drop in the cost of one kilo of silver by Rs.500 in the last days.

      8 October 2022

    • Silver rates increase by Rs.100 on 1 October 2022

      Silver prices witnessed a hike of Rs.100 on 30 September. The metal is being sold at Rs.58,200 per kg in Bhubaneshwar. In global markets, spot silver fell by 0.4% to $18.82 per ounce.

      1 October 2022

    • Silver rates remain same on 27 September

      One kg of silver is currently selling for Rs.56,300, which is a stable price. The cost is the same throughout the majority of big cities, including Pune, Kolkata, Delhi, and Mumbai. However, one kg of silver costs Rs.61,500 in Hyderabad, Chennai, and Bengaluru.

      27 September 2022

    • Silver prices remain steady on 20 September

      Silver rates continue to remain unchanged at Rs.56,700 per kg on 19 September. Silver is being sold at Rs.62,000 per kg in Hyderabad, Bengaluru, and Chennai. The price of silver is Rs.56,700 per kg in Delhi, Kolkata, and Mumbai.

      20 September 2022

    • Silver trading at Rs.56,000 for a kg in the national capital on 15 September 2022

      Silver prices in the national capital are trading at Rs.56,000 per kg on 15 September 2022. When compared to 14 September 2022, silver prices dipped across the major cities in India in India on 15 September 2022. In Bengaluru, Hyderabad and Chennai, the prices of silver are Rs.61,800 per kg. Silver prices in Delhi, Mumbai, Kolkata, Lucknow, Jaipur, Ahmedabad, Surat, and Patna are Rs.56,000 for a kg.

      15 September 2022

    • Price of a kilo of silver went up by Rs.1400 9 September 2022

      Today silver prices shot up by Rs.1,400 per kg. The metal is trading at Rs.54,200 today, after the fall in the prices yesterday.

      9 September 2022

    • Silver prices remained weak on 2 September 2022

      The cost of silver in the Indian market today remained low. Spot silver prices on the international market fell 0.8% to $17.83 per ounce after hitting a more than two-year low.

      2 September 2022

    • Silver prices on 23 August

      On August 23, the cost of one kg of silver dropped to Rs.54,900. On August 23, silver cost was Rs.54,900 per kg in most major cities, including Delhi, Mumbai, Pune, and Kolkata, but it cost Rs.60,700 per kg in Chennai, Hyderabad, and Bengaluru.

      23 August 2022

    • Silver prices dip on 20 June 2022

      There was a decrease in silver prices on 20 June 2022 by Rs.100 per kilogram. This brought the price of silver down to Rs.60,900 per kg. This was the price in three of the metro cities across India – Mumbai, Kolkata, and Delhi. The prices in Chennai were higher at Rs.66,300 per kg. In the US markets, the price of spot silver dipped to $21.49 per ounce, which was a reduction of 0.7%.

      20 June 2022

    • Silver rates drop marginally in India on 13 June 2022

      Silver futures prices on the Multi Commodity Exchange (MCX) in India tumbled by 1% and are trading at Rs.61,321 per kg. Spot silver fell by 1.1% and were trading at $21.63 for an ounce.

      13 June 2022

    • Silver priced at Rs.60,800 per kg

      The price of silver increased by Rs.400 on 13 May 2000 to settle at Rs.60,800 per kg. Silver futures settled at a price that was lower by 3.38% at Rs.58,699 per kg.

      13 May 2022

    • Silver futures prices jump in India on 3 March 2022

      Silver futures prices on MCX jumped by Rs.448 or 0.66% and were trading at Rs.68,115 per kg. Silver rates in the spot market on 2 March were at Rs.67,112 for a kg. In the global markets, silver rates jumped by 0.4% and were trading at $25.14 for an ounce. Like silver, gold prices in India jumped as well on 3 March.

      03 March 2022

    • Silver trades at Rs.61,700 per kg

      The price of silver in India stood at Rs.61,700 on 17th January 2022. When compared to the previous closing rate, the prices were up by Rs.100 per kilogram.

      The silver price in Chennai stood at Rs.65,500 per kg while Delhi and Mumbai witnessed a selling price of Rs.61,700 per kilogram.

      18 January 2022

    • Gold price reduces by Rs.84, silver dips to Rs.61,037

      In New Delhi, the gold price decreased by Rs.84 to Rs.47,053 per 10 gram on Monday. In the previous trade, gold was being sold at Rs.47,137 per 10 gram. The prices for silver also reduced by Rs.369 to 61,037 per kg which was Rs.61,406 per kg in the previous trade.

      The yellow metal traded at $1,823 per ounce while silver was flat at $23.11 per ounce in the international market.

      4 January 2022

    Silver Rate in Metro Cities
    Silver Rate in Priority Pages

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