Silver Rate in Guwahati Last Updated : 06 Dec 2022

  • Today's Silver Rate In Guwahati (06 Dec 2022)

    ₹ 70.8
    Today's Silver Rate per gram

    Compare Silver Rate In Guwahati (Today & Yesterday)

    Today
    Yesterday
    Rate Change
    Silver (1 gram) ₹ 70.8 ₹ 72.5 ₹ -1.7 ↓
    Bar Silver (1 Kg) ₹ 70,800 ₹ 72,500 ₹ -1,700 ↓

    Silver Price In Guwahati For Last 10 Days

    Date Silver (1 gram) Bar Silver (1 Kg)
    06 Dec 2022 ₹ 70.8 ₹ 70,800
    05 Dec 2022 ₹ 72.5 ₹ 72,500
    04 Dec 2022 ₹ 71.6 ₹ 71,600
    03 Dec 2022 ₹ 71.6 ₹ 71,600
    02 Dec 2022 ₹ 70.5 ₹ 70,500
    01 Dec 2022 ₹ 69.8 ₹ 69,800
    30 Nov 2022 ₹ 68 ₹ 68,000
    29 Nov 2022 ₹ 68 ₹ 68,000
    28 Nov 2022 ₹ 67.5 ₹ 67,500
    27 Nov 2022 ₹ 67.5 ₹ 67,500

    Weekly & Monthly Graph of Silver Rate in Guwahati

    • 7 Days
    • 30 Days
    • 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.

    Silver Price in Guwahati

    Silver is one of the sought-after precious metals in the city of Guwahati. Apart from its ever-increasing industrial usage across different domains, silver rate today is bought in various forms from traditional ornate elaborate jewellery pieces and silverware to gift articles for festive occasions and utensils meant for ritualistic purposes. Possession of the white precious metal is considered auspicious and a sign of good luck and prosperity in addition to being a symbol of social prestige in some sections in the city.

    Many consumers hailing from middle-class and upper middle-class sections in the city buy the white precious metal as they consider it as a safe haven of investment in the long term against any cash crunch and financial instability. Many investors in Guwahati buy silver coins and bars given that the white precious metal is more affordable than the yellow metal. Owing to its intrinsic value, and instant acceptability anywhere in the world, silver is held in high regard.

    Trend of Silver Rate in Guwahati 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 Guwahati 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 7 September 2022
    Overall Monthly Performance Incline
    Percentage Change -6.03%

    Trend of Silver Rate in Guwahati 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 Guwahati 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 Guwahati 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 Guwahati 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 Incline
    Percentage Change 2.87%

    Trend of Silver Rate in Guwahati 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
    Overall Monthly Performance Decline
    Percentage Change 3.06%

    Trend of Silver Rate in Guwahati 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 Guwahati 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 Monthly Performance Incline
    Percentage Change 7.35%

    Also Check Silver Price in NearBy Cities of Guwahati

    Silver as an investment

    Silver, also known as ‘poor man’s gold’, is in demand in the city of Guwahati given that the white precious metal is within the reach of many small investors (10 grams of silver coin is pegged at Rs.340 as of December 2015). Silver is viewed as a safe hedge against overall inflation in the country and economic uncertainty. Many consumers in Guwahati consider sterling grade silver as a robust form of investment in the long term. Sterling grade, also known as grade 925, consists of 92.5% silver and 7.5% copper.

    Physical silver - Many consumers in Guwahati buy silver coins and bars which are the most preferred and conventional form of investment. Silver is also widely sought in the form of ornate silverware in addition to various traditional ornaments. There are several major jewellery stores across the city of Guwahati which sell different kinds of silver articles from decorative artefacts to items used for ritualistic purposes. Specially designed pieces of jewellery such as anklets, toe-rings, necklaces and bracelets among many others are also in demand.

    Silver contracts - Silver is traded in National Multi Commodity Exchange (NMCE), Multi Commodity Exchange (MCX) and National Commodity & Derivatives Exchange (NCDEX). SILVERM (silver mini) and SILVER (1000) are traded in units of 5 kg while Silver micro (SILVERMIC) is traded in 1 kg (unit). SILVERHEDG is traded in units of 30 kg. The base value of Silver mini, Silver micro and Silver 1000 is 1 kg while the maximum order size is 600 kg with purity grade 999.

    Silver rate in Guwahati

    The rate of silver in Guwahati depends on various national and international economic factors. The price of 1 kg of silver was pegged at Rs.40185 in January 2015. The rate of silver decreased by -3.5% to Rs.38768 in the month of February. The slide continued in the following months of March and April when price of the white precious metal fell by -4.5% and -1% to Rs. 37413 and Rs.37000 respectively. The price of silver decreased further in the latter part of 2015 barring a mini rally in the month of May when it rose marginally by 3.5% to Rs.38321. The price of the precious metal, however, plummeted in the month of June when it was pegged at Rs.37955. The rate of silver fell by -5.1% to Rs.36019 in the month of July and continued to decrease further in the following months of August and September to Rs.35978. Barring minor fluctuations, the price of silver hovered around Rs.35,234 in the month of October but fell by -3.2% to Rs.34100 in November. 1 kg of silver was pegged at Rs.34343 in December.

    Read More on Silver

    News About Guwahati Silver Rate

    • Silver price drops by 0.45%

      On 20 December 2021, the silver metal price was down by 0.45% at Rs.61,856. In the international market, an ounce of silver cost $22.37. Gold price dopped by 0.40% to Rs.48575 per 10 grams.

      20 December 2021

    • Silver futures prices jump by 0.51% on 16 November 2021

      Silver futures prices on MCX jumped by Rs.340 or 0.51% on 16 November and are at Rs.66,903 for a kg. In the international markets, spot silver prices remained steady and were at $25.04 for an ounce. Like silver, gold futures prices also jumped on 16 November. Gold futures prices jumped by Rs.23 or 0.12% and are at Rs.49,359 for 10 grams. Spot gold prices in the global markets traded flat and were at $1,862.81 for an ounce. Gold futures prices in the US remained steady as well and were at $1,866.80 for an ounce.

      16 November 2021

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