Silver Rate In Dehradun

Daily Silver Rates
Date Silver (1 gram) Bar Silver (1 Kg)
19 Feb 2019 ₹ 43.5 ₹ 43,500
18 Feb 2019 ₹ 43.6 ₹ 43,600
17 Feb 2019 ₹ 43.4 ₹ 43,400
16 Feb 2019 ₹ 43.4 ₹ 43,400
15 Feb 2019 ₹ 42.8 ₹ 42,800
14 Feb 2019 ₹ 42.7 ₹ 42,700
13 Feb 2019 ₹ 42.8 ₹ 42,800
12 Feb 2019 ₹ 43.1 ₹ 43,100
11 Feb 2019 ₹ 43.3 ₹ 43,300
10 Feb 2019 ₹ 43.3 ₹ 43,300

*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.

Silver Rate in Dehradun

Silver is one of the most popular natural resources in the world, finding use in industries ranging from electronics to automobiles to batteries. The world consumes over 1.1 billion ounces of silver in a year, making it a highly sought after resource. Dehradun, the capital city of Uttarakhand is on the verge of growing into a metropolis, with a large number of educational institutions established here. The city accounts for a major portion of silver consumed in Uttarakhand, with silver prices in the state determined after calculating the international price of silver and taking into account the import duties.

Trend of Silver Rate in Dehradun for November 2018 (rates per kg)

Parameters Silver price (per kg)
November 1 Rate Rs.40,900 per kg
November 30 Rate Rs.38,800 per kg
Highest Rate in November Rs.41,500 per kg from 2-4 and 6 November
Lowest Rate in November Rs.38,800 per kg on 30 November
Overall Monthly Performance Decline
Percentage Change -5.13%

Trend of Silver Rate in Dehradun for October 2018 (rates per gram)

Parameters Silver price (per kg)
October 1 Rate Rs.41,100 per kg
October 31 Rate Rs.41,200 per kg
Highest Rate in October Rs.42,000 per kg on 3 October
Lowest Rate in October Rs.41,100 per kg on 1 and 2 October
Overall Monthly Performance Incline
Percentage Change 0.24%

Trend of Silver Rate in Dehradun for September 2018 (rates per gram)

Parameters Silver price (per kg)
September 1 Rate Rs.40,000 per kg
September 30 Rate Rs.41,200 per kg
Highest Rate in September Rs.41,200 per kg on 29 and 30 September
Lowest Rate in September Rs.39,500 per kg on 5, 7, 15-16 September
Overall Monthly Performance Incline
Percentage Change 3%

Trend of Silver Rate in Dehradun for August 2018 (rates per kg)

Parameters Silver price (per kg)
August 1 Rate Rs.41,400 per kg
August 31 Rate Rs.40,300 per kg
Highest Rate in August Rs.41,400 per kg on 1 and 9 August
Lowest Rate in August Rs.39,800 per kg from 24 August
Overall Monthly Performance Decline
Percentage Change -2.65%

August 2018 - Week 1 (1 - 05):

  • August began with silver in Dehradun trading at its highest for the month. As on 1 August, the metal was priced at Rs.41,400 per kg.
  • Domestic demand for silver in the city dipped the next day creating a decline in the value for the metal. The price dropped by Rs.300 per kg, and stood at Rs.41,100 per kg.
  • Silver then stabilised in value over the next few days before experiencing a hike in the price on 4 August. Silver surged by Rs.200 per kg as demand for the metal amongst local industries and jewellers increased. This surge in demand, however, did not affect the price of silver in the city.
  • At the end of week 1, the price of silver in Dehradun stood at Rs.41,300 per kg.

August 2018 - Week 2 (6 - 12):

  • Industrial demand for silver in the city plummeted at the start of week 2, naturally causing a dip in the value of silver. The metal was priced at Rs.41,300 per kg.
  • On 7 August, the US economy showed positive trends causing the value of the dollar to rise and the silver price in Dehradun to plummet to Rs.41,200 per kg.
  • After the metal declined in value, a significant hike was recorded on 9 August as silver was trading at Rs.41,400 per kg. The uprise in the price of silver can be linked to the decline in the value of the dollar in correspondence with other currencies.
  • The next day, domestic demand for the metal declined causing the price of silver in the city to plumet too. On 10 August, silver was recorded at Rs.41,100 per kg. Throughout the entire month, the price of silver was determined by the variation in demand for the metal.
  • Week 2 ended with silver experiencing a slight hike in its value as it was trading at Rs.41,200 per kg.

August 2018 - Week 3 (13 - 19):

  • On 13 August, silver commenced trading Rs.41,200 per kg.
  • The next day, silver price in the city experienced a decline as it fell a couple of points to Rs.40,900. A drop in demand could have been the cause for the decline.
  • During week 3, US released employment data which had a favourable impact on its economy. This led to the incline in the value of the dollar, in turn depleting the value of silver.
  • Despite the fact that the dollar rose in value, the metal in Dehradun uncharacteristically rose in value on 15 August to Rs.41,100 per kg. However, the hike did not last long as the value of silver dipped the very next day to Rs.39,900 per kg.
  • During 17 - 19 August, silver in the city experienced a spike in its value and rose by Rs.100 per kg. Silver in Dehradun, at the end of week 3, closed at Rs.40,000 per kg.

August 2018 - Week 4 (20 - 26):

  • At the start of week 4, the price of silver in the city remained unaltered as it stood at Rs.40,000 per kg.
  • The price of silver then rose in value by Rs.100 per kg to Rs.40,100 on 22 August.
  • The metal then dipped a few points to Rs.39,900 as the dollar rose in value in comparison to other currencies.
  • In subsequent days, demand for the metal declined causing its price to drop further to Rs.39,800 per kg.
  • Week 4 ended with silver substantially increasing in value to Rs.40,200 per kg.

August 2018 - Week 5 (27 - 31):

  • Silver was priced at Rs.40,200 per kg at the start of week 5.
  • As demand for the metal from local industries and jewellers increased, its value rose in the city of Dehradun as well.
  • The week ended with the dollar rising in correspondence to other currencies, causing the silver price to decline to Rs.40,300 per kg. The month recorded a declining trend in silver price at the rate of -2.65%.

Trend of Silver Rate in Dehradun for July 2018 (rates per kg)

Parameters Silver price (per kg)
July 1 Rate Rs.42,800 per kg
July 31 Rate Rs.41,400 per kg
Highest Rate in July Rs.42,900 per kg on 9 and 10 July
Lowest Rate in July Rs.41,200 per kg on 28 and 29 July
Overall Monthly Performance Decline
Percentage Change -3.27%

July 2018- Week 1 (1-10)

  • Demand for silver fluctuated significantly in the first week of July as conflicting factors affected prices.
  • The industrial metal was priced at Rs.42,800 per kg when trading opened for the month before prices dropped to Rs.42,400 per kg on 3 July as the dollar continued to strengthen.
  • Local industrial demand was sluggish on negative overseas cues, as the fluctuating equity markets impacted orders.
  • Prices rose to Rs.42,800 per kg on 4 July and remained constant for a few days as demand stagnated, with local demand being poor due to the falling rupee.
  • Minor fluctuations were observed for the rest of the week as Asian order volumes rose marginally, ending at Rs.42,900 per kg on 10 July.

July 2018- Week 2 (11-17)

  • There was a steady drop in the price of silver as persistently low demand from industrial units as well as the rising dollar reduced interest in the metal.
  • Silver was priced at Rs.42,600 per kg on 11 July, the price falling on declining investor interest as equities performed well.
  • The steady dollar rate and decreasing rupee resulted in a rise in local industrial offtake, but gains were capped.
  • Prices dropped to Rs.42,200 per kg on 15 July as the strained trade relations between the U.S. and China affected markets globally.
  • The rupee recovered marginally towards the end of the week, as silver prices continued to fall on poor demand, trading at Rs.42,100 per kg on 17 July.

July 2018- Week 3 (18-24)

  • Silver prices were low as the week began as the dollar rode a populist wave after the positive economic outlook, but prices recovered briefly mid-week.
  • Trading opened with silver priced at Rs.41,700 per kg on 18 July as investors stayed away from bullion ahead of a possible interest rate hike.
  • Local demand was on the decline as the falling rupee and conflicting cues from overseas affected orders, as prices fell to Rs.41,300 per kg on 20 July.
  • Silver staged a brief recovery, trading at Rs.41,700 per kg on 21 July as the dollar fell sharply after negative comments on its steady rise were made.
  • Prices dropped towards the end of the week, trading at Rs.41,400 per kg on 24 July.

July 2018- Week 4 (25-31)

  • The last week of July saw silver prices continue to fluctuate as poor demand from local coin makers affected prices.
  • Silver was priced at Rs.41,500 per kg on 25 July on static demand, though the dollar was trading low after negative commentary on its rise.
  • Prices rose to Rs.41,800 per kg on 26 July as market uncertainty over the escalating trade tensions rattled investors, who looked to bullion to stabilise their investments.
  • The rise in price was brief, as silver once again fell to Rs.41,200 per kg on 28 July on declining demand.
  • Silver prices in Dehradun failed to recover and ended the month priced at Rs.41,400 per kg to record a loss in value.

Trend of Silver Rate in Dehradun for June 2018 (rates per kg)

Parameters Silver price (per kg)
June 1 Rate Rs.42,800 per kg
June 30 Rate Rs.42,800 per kg
Highest Rate in June Rs.45,000 per kg on 15 June
Lowest Rate in June Rs.42,600 per kg from 2- 5 June
Overall Monthly Performance Stable
Percentage Change 0.00%

June 2018- Week 1 (1-10)

  • Silver rates in Dehradun today opened strongly, trading at  Rs.42,800 per kg on stable demand from industrial units and coin makers.
  • The continued rally by the dollar ahead of the historic summit between the United States and North Korea led to a drop interest in bullion, as silver prices fell to Rs.42,600 per kg on 2 June.
  • Industrial offtake was also poor, with rates dependent on the fluctuating dollar rate; The declining rupee was also a cause for concern.
  • Prices did not change for the remainder of the week, as investor sentiment moved towards bullion and silver traded at Rs.43,700 per kg on 10 June.

June 2018- Week 2 (11-17)

  • The second week saw positive trends for bullion in spite of the steady dollar growth rate, with silver priced at Rs.43,900 per kg on 11 June.
  • The consistent orders from industrial units kept prices stable on increasing order volumes from both local as well as overseas industrial units.
  • Silver rates in Dehradun rose marginally to Rs.44,000 per kg on 12 June as the dollar dropped on renewed fears of a U.S.- China trade war; silver rates rose to Rs.45,000 per kg on 15 June after the dollar suffered sharp reverses.
  • Prices stabilised as the week drew to a close, with silver trading at Rs.44,300 per kg on 17 June.

June 2018- Week 3 (18-24)

  • Silver opened the third week at Rs.43,400 per kg on 18 June after fluctuations on the equity markets led to a steep fall in the dollar rate.
  • As the week progressed, demand for bullion fell following a bull run by equity markets on positive investor sentiment.
  • Prices fell to Rs.42,900 per kg on 21 June as investors increased short-selling, anticipating a rate hike ahead of the Fed Reserve meeting.
  • The declining demand for silver from industrial units fall in demand led to stagnating sales locally, but consistent overseas demand kept prices from plunging too steeply.
  • Prices fluctuated as the week ended, but silver rates were unaffected by these changes.

June 2018- Week 4 (25-30)

  • SIlver prices declined steadily in the last week of June due to poor demand from industrial units as well as lowered offtake from coin makers.
  • The last week began with silver trading at Rs.43,200 per kg on 25 June, with prices falling on reduced offtake from local coin makers due to the rising cost of silver imports.
  • The falling rupee led to further decline in silver rates, as the metal became more expensive for local industrial units and retailers.
  • Prices dropped to Rs.43,100 per kg on 26 June as overall demand fell due to the continued rise of the dollar rate against other currencies.
  • Silver tumbled further to Rs.42,800 per kg on 29 June on static local demand.
  • There was no change in price as the month ended, with silver remaining unchanged from the month’s opening price.

Trend of Silver Rate in Dehradun for May 2018 (rates per kg of silver)

Parameters Silver price (per kg)
May 1 Rate Rs.42,000 per kg
May 31 Rate Rs.43,100 per kg
Highest Rate in May Rs.43,800 per kg on 25 May
Lowest Rate in May Rs.42,000 per kg on 1 May
Overall Monthly Performance Incline
Percentage Change 2.61%

May 2018- Week 1 (1st - 6th)

  • Demand for silver was on the increase in the first week of May, with the metal opening the week at Rs.42,000 per kg.
  • Increased demand from industrial units as well as a volatile dollar rate led to a gradual rise in price, with the industrial metal trading at Rs.42,600 per kg on 2 May.
  • Increased tensions between the United States and China over trade led to fluctuating fortunes on the market, which led to higher demand for bullion.
  • Silver price in Dehradun remained high as steady demand from local industrial units coupled with positive market cues kept silver rates consistent.

May 2018- Week 2 (7th - 13th)

  • The second week began with silver trading at Rs.43,200 per kg on 7 May in Dehradun, as the dollar was volatile ahead of U.S. jobs data.
  • Demand rose steadily as favourable market conditions as well as a low dollar rate led to an increase in orders from overseas as well as local industrial units.
  • Silver price in Dehradun rose to Rs.43,500 per kg on 11 May as renewed tensions between the U.S. and China led to the dollar falling, as investors looked to bullion as a safe-haven asset.
  • Demand was consistent as the week ended on 13 May, though there was a slight drop in local industrial demand due to the high price.

May 2018- Week 3 (14th - 20th)

  • The third week began with silver trading at Rs.43,600 per kg on 14 May as overseas demand for safe-haven assets like bullion grew due to uncertainty over a possible trade war.
  • Prices regularised over the course of the week, with silver rate in Dehradun falling to Rs.43,000 per kg on 16 May amidst a recovery across stock markets.
  • The possibility of an interest rate hike as early as next month led to growing confidence in the dollar, as demand for bullion gradually fell.
  • Local demand was also on the decline, as silver traded at Rs.43,200 per kg on 18 May.
  • The week ended with silver priced at Rs.43,100 per kg on 20 May as coin makers increased demand.

May 2018- Week 4 (21st - 27th)

  • There was no change in the price of silver as the fourth week began on 21 May, as local demand was stable in spite of a rise in the dollar rate.
  • Prices rose as the fear of the imminent North Korea and U.S. talks being called off led to panic across stock markets, with the dollar also plunging.
  • Silver price in Dehradun rose to Rs.43,800 per kg on 25 May as the markets continued to trade low in light of the cancellation of the summit.
  • Local demand rose marginally as the week progressed, though silver rate in Dehradun fell to Rs.43,600 per kg as the week ended on 27 May.

May 2018- Week 5 (28th - 31st)

  • The last week of May saw silver prices fall significantly as the summit between the U.S. and North Korea was back on, which boosted the dollar.
  • Silver was priced at Rs.43,000 per kg on 28 May, as demand weakened sharply over the weekend.
  • Silver price in Dehradun rose marginally as silver traded at Rs.43,100 per kg on 29 May amidst a rise in local demand, though the rise was shortlived.
  • Silver fell heavily on 30 May, trading at Rs.42,900 per kg as overseas demand was static due to the stable dollar.
  • The month ended with silver priced at Rs.43,100 per kg on 31 May to record a 2.61% rise in value.

Trend of Silver Rate in Dehradun for April 2018 (rates per kg)

Parameters Silver price (per kg)
April 1 Rate Rs.41,400 per kg
April 30 Rate Rs.42,300 per kg
Highest Rate in April Rs.43,800 per kg on 20 and 22 April
Lowest Rate in April Rs.41,000 per kg on 5 April
Overall Monthly Performance Incline
Percentage Change 2.17%

April 2018- Week 1 (1st - 7th)

  • The demand for silver in Dehradun was steady as the week began. However, due to lack of demand from the industrial units, silver prices fell in the following days.
  • Silver started at Rs.41,400 per kg on 01 April 2018. Soon, silver prices rose and hit Rs.41,600 per kg on 03rd of the month. The rise in silver prices can be attributed to the increase in demand from the coin makers.
  • Silver rates remained stable due to favourable market conditions overseas and weak U.S Dollar. Simultaneously, the demand for silver from Asian industrial units kept the silver rates stable in Dehradun.
  • On 05 April 2018, silver price in Dehradun fell to Rs.41,000 per kg as the demand from industrial units declined. This was also the lowest silver rate recorded for the month of April in Dehradun.
  • Though a marginal increase was seen in silver rates during the end of the week, it was negligible.
  • On 7th of the month, silver closed at Rs.41,200 per kg.

April 2018- Week 2 (8th - 15th)

  • On 8th of the month, silver price in Dehradun stood at  Rs.41,200 per kg in Dehradun.
  • Though silver rates did not rise from the previous day, it remained stable as the demand for the metal poured from local industrial units.
  • Meanwhile, an increase in bullion buying was noticed as the equity market fell sharply due to the suspected Syrian chemical attack.
  • On 11 April, silver was priced at Rs.41,700 per kg. An increase of Rs.50 from the start of the month was mainly due to the high demand from local coin makers.
  • On 12 April, silver rate in Dehradun continued to rise and stood at Rs.42,000 per kg.
  • A small decline in silver prices was noted on the last day of the second week of the month due to unfavourable market conditions overseas.
  • Silver closed at Rs.41,900 per kg on 15 April.

April 2018- Week 3 (16th - 22nd)

  • The suspected chemical attack in Syria caused the value of currencies across the world fall and investors rushed to invest in the bullion market.
  • On 16 April, silver opened at Rs.42,100 per kg. An increase of Rs.200 was seen on the first day of the week mainly due to the increase in bullion buying.
  • As the local demand for the metal continued to rise, silver price in Dehradun rose to Rs.42,500 per kg on 18 April.
  • Apart from the chemical attack in Syria, the ongoing trade tensions between the United States of America and China caused market turbulence and increased the investment in the bullion market.
  • On 19 April, silver rate in Dehradun rose to Rs.43,700 per kg. The increase was mainly due to the sharp decline in equity market investments and weak U.S Dollar rate.
  • Silver closed at Rs.43,800 per kg on 22 April 2018.

April 2018- Week 4 (23rd - 30th)

  • As the equity market picked up and performed better and the value of currencies worldwide picked up, silver rates fell during the last week of the month of April.
  • On 23 April, the silver rate in Dehradun stood at Rs.43,700 per kg.
  • A sharp decline in local demand for the metal pushed silver rates lower throughout the week.
  • On 30 April, silver closed at Rs.42,300 per kg.
  • Overall, the month of April saw an incline of 2.17% in Dehradun.

Trend of Silver Rate in Dehradun for March 2018 (rates per kg)

Parameters Silver price (per kg)
March 1 Rate Rs.41,100 per kg
March 31 Rate Rs.41,400 per kg
Highest Rate in March Rs.41,900 per kg on 7 March
Lowest Rate in March Rs.41,000 per kg on 19 and 21 March
Overall Monthly Performance Incline
Percentage Change 0.72%

March 2018- Week 1 (1st-4th)

  • Silver prices in Dehradun in the first week of March was on the rise thanks to positive market developments as well as consistent demand from industrial units.
  • The industrial metal was priced at Rs.41,100 per kg as the month began, with demand steady due to consistent offtake from industrial units.
  • Prices rose to Rs.41,400 per kg on 2 March as the positive market cues and a declining U.S. Dollar led to an increase in demand for bullion.
  • Coin makers also increased orders which led to a rise in demand for the industrial metal as silver prices rose to Rs.41,600 per kg on 4 March.

March 2018- Week 2 (5th-11th)

  • Demand for silver was on the incline as the dollar rate dropped following turbulent market trends, pushing prices for the industrial metal higher.
  • Silver opened the week trading at Rs.41,700 per kg on 5 March as positive international trends were reflected in domestic prices and demand.
  • A minor drop led to silver trading at Rs.41,400 per kg on 6 March before prices surged to Rs.41,900 per kg on 7 March.
  • A declining dollar and uncertainty over U.S. trade tariff imposition left markets panicking and investors seeking safe-haven assets like bullion.
  • Prices regularised as the week progressed due to a recovering U.S. Dollar which saw silver drop to Rs.41,300 per kg on 9 March.
  • Prices recovered somewhat as the week ended on 11 March, trading at Rs.41,600 per kg.

March 2018- Week 3 (12th-18th)

  • The third week saw a gradual decline in demand for silver which was reflected in the price of the industrial metal.
  • The week began with silver priced at Rs.41,600 per kg on 12 March as demand was stable after significant gains in the previous week.
  • Local industrial demand for the metal was also on the decline due to a rise in the dollar value after a period of losses.
  • Silver fell to Rs.41,600 per kg on 13 March as demand from coin makers reduced as equity markets began to stabilise on positive market cues.
  • The surprise firing of the U.S. Secretary of State led to panic on the bourses and a revival in the silver rate, which rose to Rs.41,700 per kg on 14 March.
  • Demand dropped for the rest of the week as the dollar strengthened against other global currencies.
  • The week ended with silver priced at Rs.41,100 per kg on 18 March following a steep fall in demand.

March 2018- Week 4 (19th - 25th)

  • The week opened with silver prices falling to Rs.41,000 per kg on 19 March as poor international demand impacted domestic orders as well.
  • Prices fluctuated due to conflicting market cues and unsteady stock markets as silver rose to Rs.41,200 per kg on 20 March due to a drop in local equity markets.
  • Geopolitical tensions in the United States led to a rise in interest in bullion to mitigate possible losses on the equity market as silver prices climbed to Rs.41,500 per kg on 22 March.
  • Local demand picked up as interest in silver peaked overseas and kept prices stable at Rs.41,600 per kg on 23 March.
  • Demand remained constant as the week ended, resulting in silver trading at Rs.41,600 per kg on 25 March.

March 2018- Week 5 (26th -31st)

  • The last week of March saw silver prices fall due to a decline in industrial demand and a resurgent U.S. Dollar.
  • Silver was priced at Rs.41,600 per kg on 26 March as industrial offtake was bolstered by weak equity markets.
  • Prices rose to Rs.41,800 per kg on 27 March as markets plunged on the possibility of a trade war with China due to prohibitive trade tariffs.
  • Demand for silver slipped as the week progressed as local coin makers reduced offtake due to a rise in the dollar rate, making silver imports more expensive.
  • A drop in industrial demand resulted in silver prices falling to Rs.41,400 per kg on 29 March, with prices remaining unchanged as the week drew to a close.
  • In spite of a drop in value towards the end of the month, silver prices rose by 0.72% during the month.

Trend of Silver Rate in Dehradun for February 2018 (rates per kg)

Parameters Silver price (per kg)
February 1 Rate Rs.42,600 per kg
February 28 Rate Rs.41,200 per kg
Highest Rate in February Rs.42,600 per kg on 1 and 2 February
Lowest Rate in February Rs.40,600 per gram on 10 and 11 February
Overall Monthly Performance Decline
Percentage Change -3.28%

February 2018 - Week 1 (1st - 4th):

  • The month began in Dehradun with the white metal trading at Rs.42,600 per kg on the 1st after the US dollar weakened ahead of the US employment data. This was also the lowest monthly figure recorded in the city.
  • Silver rate in Dehradun remained unaltered at Rs.42,600 per kg on the 2nd owing to strong domestic demand amid the positive global cues.
  • However, the US dollar index rose against other emerging currencies after the US payrolls data proved to be stronger than expected. This led to silver price in Dehradun plunging to Rs.41,700 per kg on the 3rd.
  • Thanks to the subdued but steady demand from industries and coin manufacturers, the rest of the week saw the industrial metal prices holding steady at Rs.41,700 per kg on the 4th.

February 2018 - Week 2 (5th - 11th):

  • When trading commenced for the second week,  silver was priced relatively lower at Rs.41,500 per kg on the 5th after demand for the metal declined amid weak global cues.
  • Though rates rose to Rs.41,900 per kg the next day, silver price in Dehradun plunged to Rs.41,400 per kg on the 7th with the US dollar index rising against other apex currencies in the international market.
  • Poor trends overseas compounded by weak demand resulted in silver rate in Dehradun dropping further to Rs.40,800 per kg on the 8th.
  • The 9th saw the white metal rates rebounding to Rs.41,000 per kg following an unexpected incline in domestic demand despite the poor trend overseas.
  • However, with the dollar and equities market performing well in the international trade, silver rates in Dehradun plummeted to Rs.40,600 per kg on the 10th. This was also the lowest recorded monthly figure in the city.
  • The week concluded with the industrial metal trading at Rs.40,600 per kg on the 11th with poor demand amid the weak trends overseas.

February 2018 - Week 3 (12th - 18th):

  • Poor dollar performances coupled with weakly performing equities resulted in silver prices rising considerably during the course of the week.
  • The week began with silver priced relatively higher at Rs.40,900 per kg on the 12th with the US dollar losing ground ahead of the US inflation data.
  • The next couple of days saw silver rate in Dehradun rising after markets awaited the inflation data for clues on the pace of Fed rate hikes during the year. The white metal was recorded trading at Rs.41,300 per kg on the 13th before rising to Rs.41,400 per kg on the 14th amid the positive trends overseas.
  • Prices surged to Rs.41,800 per kg on the 15th before plunging to Rs.41,700 per kg on the 16th with the US dollar strengthening following the US inflation data.
  • With investors and traders gravitating on safe-haven assets to hedge against inflation concerns, demand for the metal surged. This led silver price in Dehradun holding steady at Rs.41,700 per kg for the remainder of the week.

February 2018 - Week 4 (19th - 25th):

  • The fourth week commenced with the industrial metal priced at Rs.41,600 per kg on the 19th.
  • However, silver rate in Dehradun plunged to Rs.41,200 per kg the next day after the US dollar strengthened against other emerging currencies.
  • Though rates remained untouched at Rs.41,200 per kg on the 21st amid the poor trends overseas, silver prices rebounded to Rs.41,400 per kg the next day with an increase in demand from local industries and coin manufacturers.
  • Silver price in Dehradun surged further to Rs.41,600 per kg on the 23rd with the US dollar index and equities market losing in the international market.
  • The 24th saw rates declining slightly to Rs.41,500 per kg after domestic demand stabilised amid the firm trends overseas.
  • Thanks to steady demand from industries and coin makers, the rest of the week saw silver trading firm at Rs.41,500 per kg amid the positive trend overseas.

February 2018 - Week 5 (26th - 28th):

  • When trading commenced for the last week, silver price in Dehradun were recorded holding at Rs.41,600 per kg on the 26th.
  • Silver rate in Dehradun surging to Rs.41,700 per kg on the 27th as markets were shaky.
  • The month came to an end with the industrial metal trading at Rs.41,200 per kg on the 28th with silver trade in Dehradun registered a loss of 3.28% during the course of the month.

Trend of Silver Rate in Dehradun for January 2018 (rates per kg)

Parameters Silver price (per kg)
Silver Rate on 1st January 2018 Rs.38,925 per kg
Silver Rate on 31st January 2018 Rs.42,200 per kg
Highest Rate in January Rs.42,700 per kg on 29 January
Lowest Rate in January Rs.38,925 per kg on 1, 2 and 10 January
Overall Monthly Performance Incline
Percentage Change 8.41%

January 2018 - Week 1 (1 - 7):

  • Silver prices in Dehradun witnessed a steady rise in prices this week due to an increased demand from local coin makers and industrial units.
  • Silver was priced at Rs.38,925 per kg, when the first month of 2018 opened for trading.
  • This price then rose to Rs.39,115 per kg on the 2nd as there was an increased demand for purchases.
  • On the 3rd, silver prices in Dehradun fell very slightly to Rs.39,110 per kg, before going up marginally to Rs.39,115 per kg on the 4th.
  • Silver rates rose on the 5th to hit Rs.39,265 per kg as demand was on the rise - a considerably strong rise compared to sub par performance of the previous few days.
  • This 6th and the 7th of January saw silver rates rise to Rs.39,355 per kg and hold on at this rate till the closing hours of the week.

January 2018 - Week 2 (8 - 14):

  • Silver was recorded trading at Rs.39,265 per kg when the second week of January began on the 8th.
  • However, silver prices dropped to Rs.39,110 per kg on the 9th after equity markets strengthened amid a strong dollar index, causing demand to drop.
  • Silver rates continued to hold at Rs.39,110 per kg levels over the next few days as demand from industrial units and coin manufacturers remained steady.
  • Silver rates in Dehradun surged to Rs.39,265 per kg before rising further to Rs.39,355 per kg on the 13th as the US dollar seemed to weaken amid growing concerns in the US.
  • Strong industrial demand coupled with a positive trend overseas led to silver rates continue at at Rs.39,355 per kg at the time of the week’s closing on the 14th of January.

January 2018 - Week 3 (15 - 21):

  • The third week of January started strongly due to a sudden burst in demand but rates fell as the week progressed and demand took a hit.
  • SIlver was seen trading at Rs.39,680 per kg - a Rs.325 per kg incline - when trading commenced for the week.
  • As mentioned above, rates seemed to be on the decline for much of the week after a strong start.
  • Over the 16th and the 17th of January, silver rates held on at Rs.39,670 per kg as demand seemed to drop amid poor sales.
  • Prices took a hit again on the 18th and they went down to Rs.39,265 per kg as local investors backed out from purchases as the US dollar seemed to rally.
  • At the time of closing, on the 21st, the white metal was seen trading at Rs.39,265 per kg.

January 2018 - Week 4 (22 - 28):

  • Due to a lack of clear stimulus silver rates saw little change over the fourth week of January - following the same trend as the previous week.
  • The week however, began strongly with the metal being priced at Rs.42,000 as markets opened for the week on the 22nd of January.
  • Silver continued to trade at Rs.42,000 per kg on the 23th as demand from local investors was steady.
  • The 24th saw prices change by Rs.200, which was evident with the Rs.42,200 per kg closing rate seen at the time of closing.
  • Overnight trading positions towards the 25th of January pushed silver prices to surge to Rs.43,100 per kg.
  • Silver rate in Dehradun held on at Rs.43,100 per kg as demand from all investor circles - i.e., coin makers, jewellers, and industries remained flat.

January 2018 - Week 5 (29 - 31):

  • When trading began for the final week in January, silver was priced at Rs.42,700 per kg. This was also the highest gold rate for the month.
  • Silver prices fell to Rs.42,200 per kg on the 30th - the second day of this week as the US dollar remained strong, thanks to a firm equity market.
  • The 31st too saw silver rates continue at Rs.42,200 as the demand form the previous day continued to flourish.
  • Strong global cues and a strong local demand heralded a record-breaking change in prices for the month of January.
  • Silver price trends witnessed a massive 8.41% incline this month, owing to strong-than-ever sales.

Silver as an investment

Silver is viewed as a safe investment option by millions across the globe, primarily on account of its versatility. A limited supply coupled with huge demand ensure that it finds takers anytime of the day, while its pocket friendly nature appeals to thousands in Dehradun. With youngsters keen to jump on the investment bandwagon, silver is finding its way into the investment portfolios of people who cannot afford gold but still wish to have a diverse portfolio. Purchasing physical silver and indulging in trade through silver contracts remain two of the most popular options of investment in Dehradun.

Physical silver – Indians own a large amount of precious metal and silver can be found in almost every household. Coins, bars and jewellery account for most of the physical silver purchased as investments in Dehradun, with products available for every budget. Both men and women use silver jewellery as accessories in the city, making it a popular fashion statement. As an investment, wastage and making charges can dilute the value of a purchase, but the dual role a piece of jewellery serves makes it extremely attractive. Coins and bars can be purchased according to weight, with different purity levels for different budgets available. Generally, coins purchased from banks tend to be more expensive, on account of quality assurance and purity checks.

Silver contracts – Indian markets have opened up to the concept of trading in silver, with the Multi Commodity Exchange, the National Multi Commodity Exchange and the National Commodity and Derivatives Exchange offering a platform for individuals who wish to indulge in trade. Knowledge about how markets function combined with astute investment sense can go a long way in maximising the profit one can earn through such trade.

Silver Rate - Sitemap

Silver Rate In Metro Cities
Silver Rate In Other Capitals
Silver Rate In Other Major Cities
Silver Rate In States
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