Silver Rate in the Most Popular Indian Cities
Silver Price In Hassan
Silver is a versatile metal mainly used for making jewellery and silverware. It is also widely used in industries and electronics as it is a good conductor of electricity. In India, the demand for silver has increased than its production implying that the metal is rising in value. Silver can be purchased from banks and jewellers.
FAQs on Silver Rate in Hassan
- What are the factors that affect the silver rates in India?
- Do I have to pay any tax while buying silver?
- Can I invest in a silver ETF?
In India, the silver prices are dependent on various factors like inflation, demand and supply, import duties, gold prices, oil prices, etc.
Yes. If you buy silver that is worth more than Rs.5 lakh, you will have to pay a tax of 1%.
No. There are no silver ETFs at present. However, you can invest in silver through physical buying, demat form, and e-silver.
