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Today's Silver Price in Coimbatore
Coimbatore is one of the fastest growing tier 2 cities in India and is home to some of the biggest manufacturing industries in the country. It is the second largest city in Tamil Nadu and has over 1 million residents. Silver has for long been considered auspicious and there has been a constant demand for it among the residents of Coimbatore. Varying silver rate today have not deterred residents from buying it.
Check - Gold Rate in Coimbatore
Trend of Silver Rate in Coimbatore for October 2022 (rates per kg)
| Parameters |
Silver price (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 October and 16 October |
| Overall Monthly Performance |
Incline |
| Percentage Change |
1.61% |
Trend of Silver Rate in Coimbatore for September 2022 (rates per kg)
| Parameters |
Silver price (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 and 8 September 2022 |
| Overall Monthly Performance |
Decline |
| Percentage Change |
6.03% |
Trend of Silver Rate in Coimbatore for August 2022 (rates per kg)
| Parameters |
Silver price (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 August, 14 August, and 15 August |
| Lowest Rate in August |
Rs.60,000 per kg on 29 August and 31 August |
| Overall Monthly Performance |
Decline |
| Percentage Change |
-5.21% |
Trend of Silver Rate in Coimbatore for July 2022 (rates per kg)
| Parameters |
Silver price (per kg) |
| Parameters |
Silver Price (per kg) |
| July 1 Rate |
Rs.65,000 per kg |
| July 31 Rate |
Rs.63,700 per kg |
| Highest Rate in July |
Rs.65,000 per kg on 1 July |
| Lowest Rate in July |
Rs.60,000 per kg on 27 July |
| Overall Monthly Performance |
Decline |
| Percentage Change |
-2.00% |
Trend of Silver Rate in Coimbatore for June 2022 (rates per kg)
| Parameters |
Silver price (per kg) |
| June 1 Rate |
Rs.67,000 per kg |
| June 30 Rate |
Rs.65,200 per kg |
| Highest Rate in June |
Rs.68,500 on 3 June |
| Lowest Rate in June |
Rs.65,200 per kg on 30 June |
| Overall Monthly Performance |
Decline |
| Percentage Change |
-2.68% |
Trend of Silver Rate in Coimbatore 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 on 1 May |
| Lowest Rate in May |
Rs.63,400 per kg on 13 May |
| Overall Monthly Performance |
Decline |
| Percentage Change |
-2.87% |
Trend of Silver Rate in Coimbatore 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 on 18 April |
| Lowest Rate in April |
Rs.68,800 per kg on 28 April and 29 April |
| Overall Monthly Performance |
Decline |
| Percentage Change |
-3.06% |
Trend of Silver Rate in Coimbatore for March 2022 (rates per kg)
| Parameters |
Silver price (per kg) |
| March 1 Rate |
Rs.70,000 per kg |
| March 28 Rate |
Rs.71,300 per kg |
| Highest Rate in March |
Rs.77,600 on 9 March |
| Lowest Rate in March |
Rs.70,000 per kg on 1 March |
| Overall Monthly Performance |
Incline |
| Percentage Change |
1.85% |
Trend of Silver Rate in Coimbatore 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 on 21 24 |
| Lowest Rate in February |
Rs.64,900 per kg on 7 February |
| Overall Monthly Performance |
Incline |
| Percentage Change |
7.35% |
Silver Price Trend in Coimbatore
The current silver rate in Coimbatore is Rs 37,115 per kg (as of June 2015). The rates have hovered around Rs 38,000 over the last year, reaching a maximum of Rs 43,000 in April 2014 and a minimum of around Rs 33,000 in December 2014. Prices have reached a stable point and they are expected to increase in the future, making this the right time to invest in silver.
Where to Buy Silver in Coimbatore
Silver can be purchased from all major jewelers in Coimbatore. Some of the major jewelers that offer special rates on silver are Malabar Gold, Kalyan Jewellers, Josco Jewellers, Karpagam Jewellers and Joyalukkas. Silver can also be purchased from certain bank branches, though the silver purchased here is a bit more expensive compared to jewelers. There are plenty of small jewelers and pawn shops across the city which sell silver, catering to any need an individual might have.
Also Check Silver Price in NearBy Cities of Coimbatore
FAQs on Silver Rate in Coimbatore
- Does the silver price in Coimbatore change daily?
Yes, silver price in Coimbatore changes depending on many factors. The price of crude oil, the trend of the equities market, political and socio-economic factors along with the value of the rupee and the dollar affects silver prices in Coimbatore.
- Where can I buy the best quality silver in Coimbatore?
You can purchase silver from the leading silver retailers and jewellers in Coimbatore.
- What factors affect the silver rate in Coimbatore?
There are many factors which affect the silver rate in Coimbatore. Some of the factors include the value of the rupee and the dollar in the international market along with the trend of the bullion market. Apart from this, the price of crude oil and the performance of the equities market also affects silver price in India and in Coimbatore.
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