Silver Rate in Haryana

  • Today's Silver Rate In Haryana ( 24 May 2022 )

    ₹ 65.9
    Today's Silver Rate per gram

    Compare Silver Rate In Haryana (Today & Yesterday)

    Rate Change
    Silver (1 gram) ₹ 65.9 ₹ 65.9 ₹ 0 ↑
    Bar Silver (1 Kg) ₹ 65,900 ₹ 65,900 ₹ 0 ↑

    Silver Price In Haryana for Last 10 Days

    Date Silver (1 gram) Bar Silver (1 Kg)
    23 May 2022 ₹ 65.9 ₹ 65,900
    22 May 2022 ₹ 65.9 ₹ 65,900
    21 May 2022 ₹ 65.9 ₹ 65,900
    20 May 2022 ₹ 65.9 ₹ 65,900
    19 May 2022 ₹ 65.1 ₹ 65,100
    18 May 2022 ₹ 65.1 ₹ 65,100
    17 May 2022 ₹ 65.4 ₹ 65,400
    16 May 2022 ₹ 64.5 ₹ 64,500
    15 May 2022 ₹ 63.7 ₹ 63,700
    14 May 2022 ₹ 63.7 ₹ 63,700

    Weekly & Monthly Graph of Silver Rate in Haryana

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    *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 Haryana

    Haryana is one of the most prosperous and wealthy states in India, having the second highest per capita income of approximately Rs 1,32,000. The state is also home to the most number of rural crorepatis, meaning that people have a high appetite for income and investments. Silver, is used extensively in the state, right from utensils to jewellery, finding a special place in the hearts and homes of residents. Silver prices in Haryana are a reflection of international prices, with government import duties adding to the cost an individual ends up paying for silver.

    Details of Silver Price in Haryana (1 Kg) - Till December 2015

    Individuals who are keen to purchase silver in Haryana could save a lot of money by purchasing it this month. Buying a kg of silver would cost one Rs 35,534 (as of December 17, 2015), making it an opportune time to invest. Silver prices in 2015 have witnessed highs and lows, with global changes and fall in import quantities playing games with their rates. Prices were at their maximum in May, when 1 kg of silver cost around Rs 43,300, before falling steadily. March, July and December witnessed the lowest prices this year, as 1 kg silver cost just around Rs 35,300 during March, Rs 35,800 in August and Rs 35,400 in December.

    Silver as an investment

    Silver and gold have been traditionally viewed as safe investment options in India, but with the prices of gold fluctuating over recent times and demand dropping, silver has become the unlikely hero. Investing in silver is hassle-free and easy, with it being available in multiple forms. The demand for silver in different industries and its associated health benefits have meant that residents of Haryana have opened their minds to the idea of purchasing it. The affordability and versatility of silver have made in a smart investment option for millions. There are two popular modes of silver investment in Haryana, silver futures and physical silver.

    Physical silver – Buying silver in the form of coins, bars or jewellery is a smart move, as it provides liquidity and acts as a secure investment. Coins can be purchased in different weights, ranging from 1 gram to 50 grams, with the option to adorn them with religious symbols. Coins purchased from banks are generally more expensive on account of them undergoing quality checks, but pure silver can be purchased at almost all jewellery stores across Haryana. The demand for silver generally peaks during festivals and ceremonies, with no celebration complete without it. While there is no questioning the popularity of silver jewellery, it ranks second compared to coins as an investment on account of wastage and making charges.

    Silver futures and contracts – Silver futures and contracts are new investment modes which are slowly but surely finding acceptance in Haryana. One can trade in silver on the National Commodity and Derivatives Exchange, the National Multi Commodity Exchange and the Multi Commodity Exchange. Investors stand an opportunity to make quick profits through these investments, provided they are aware about market conditions and play their moves smartly.

    FAQs on Silver Rate in Haryana

    1. How can I know that my silver is pure?
    2. You can get your silver tested for purity. This can be done via dealers and sellers who are authorised and they will check the marking on silver. Other than this, you can do a few tests like magnet test, stink test, and ice test.

    3. Can I purchase silver from banks?
    4. Yes, you can buy silver bars, coins, and more from banks.

    5. Can I trade silver coins and bullions in the futures market?
    6. India does not as of now have an exchange platform for silver. However, in the futures market, you can invest in silver in the form of silver bars, coins, bullions.

    7. What are the different forms of silver?
    8. Silver can be purchased in different forms like coins, jewellery, bars, household items, and more.

    9. When is the best time for me to buy silver?
    10. The best time to buy silver is when the prices are low. You can check the prices of silver daily and analyse the trend in the silver prices.

    Read more on Silver

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    News About Silver Rate in Haryana

    • Price of gold drops, silver holds

      Price of gold dropped as retail inflation eased for the month of August.

      Gold futures on MCX dropped marginally 0.04% at Rs 46,888 per 10 gram. On the other hand, silver futures fell 0.19% at Rs 63,180 per kg.

      The price of gold in the spot market was retailing at Rs.47,059 per 10 gram, while the cost of silver was Rs.62,876 per kg on Tuesday, according to a report by the Indian Bullion and Jewellers Association. The spot price of the gold has dropped about Rs.500 in the past one week, whereas the rates of silver have risen to Rs.2,100 per kg during the period.

      Spot gold eased 0.2% to $1,790.66 per ounce, while US gold futures slipped 0.1% to $1,791.90.

      Silver dropped 0.3% to $23.65 per ounce, platinum slipped 0.2% to $958.73, and palladium grew 0.3% to $2,094.16.

      14 September 2021

    • Silver price trending at Rs.70,600 per kg

      The price of silver increased again on Wednesday by the rate shot up by Rs.200. The hike saw a kilogram of the white metal cost Rs.70,600 in Mumbai. Gold price also shot up in the country following trends from the bullion market. The price of 22-karat gold was up by Rs.320 and 10 grams cost Rs.46,750 in the financial capital of the country. In Delhi and Chennai, consumers were required to shell out Rs.46,550 and Rs.45,200. The price of 24-karat gold was also up by Rs.320 to cost Rs.47,750 per 10 grams. In the global market, spot gold price was seen trading at $1,817.30 per ounce while US gold futures stood at $1,804.20 per ounce. On Wednesday, the value of the Indian rupee stood at Rs.74.74 against the US dollar.

      07 July 2021

    • Gold price stands at Rs.47,410 per 10 grams while silver trends at Rs.71,300 per kg

      On Thursday, the price of 22 carat gold has dropped down to Rs.47,410 per 10 grams as opposed to the previous closing rate of Rs.47,600. Silver, on the other hand, is trending at the rate of Rs.71,300 per kg.

      The main reason behind the drop in the prices of the precious metals is the consecutive drops in the value of the Indian Rupee. The value of INR has dropped for the 7th session and stood at Rs.73.32 (provisional) against the US Dollar. The gold price in the global market has also dropped by more than 1% on Wednesday following the US Federal Reserve officials projections for the first post-pandemic hike in the interest rates.

      18 June 2021

    • Silver futures prices jump by Rs.683 on 1 June 2021

      Silver futures prices jumped by Rs.683 or 0.35% on 1 June 2021 and were at Rs.72,581 for a kg. According to the Indian Bullion and Jewellers Association, highest purity silver was at Rs.71,350 for a kg on 31 May 2021. In the international markets, the prices of the white metal fell by 0.1% and were at $28.03 for an ounce. Like silver, gold futures prices jumped as well on 1 June 2021. Gold futures prices on MCX jumped by Rs.127 or 0.27% and were Rs.49,482 for 10 grams. In the international markets, spot gold prices remained steady and were at $1,907.54 for an ounce. Gold futures prices in the US jumped by 0.3% and were at $1,910.60 for an ounce.

      01 June 2021

    • Silver prices drop as gold prices sees a flat trend in the market

      Gold prices were trading flat on the Multi Commodity Exchange after a mute trend was seen in the international prices. The value of silver dipped by more than 1%. Gold futures for April delivery dipped by 0.06% to Rs.44,996 per 10 grams.

      Silver futures for trading lower as well by 1.55% at Rs.66,478 per kg and had closed at Rs.67,527 per kg in its previous session. With a positive trend seen in the U.S. Treasury bond yields and a stronger value of the U.S. dollar, the demand and value of the precious metals declined.

      Spot gold dipped by 0.2% at $1,741.19 per ounce and U.S. gold futures was down by 0.1% to $1,740.20 per ounce.

      24 March 2021

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