Silver Rate in Jharkhand

  • Today's Silver Rate In Jharkhand ( 13 Dec 2019 )
    ₹ 47
    Today's Silver Rate per gram
    Compare Silver Rate In Jharkhand (Today & Yesterday)
    Today
    (13 Dec 2019)
    Yesterday
    (12 Dec 2019)
    Rate Change
    Silver (1 gram) ₹ 47 ₹ 47 ₹ 0 ↑
    Bar Silver (1 Kg) ₹ 47,000 ₹ 47,000 ₹ 0 ↑
    Silver Price In Jharkhand for Last 10 Days
    Date Silver (1 gram) Bar Silver (1 Kg)
    13 Dec 2019 ₹ 47 ₹ 47,000
    12 Dec 2019 ₹ 47 ₹ 47,000
    11 Dec 2019 ₹ 46.5 ₹ 46,500
    10 Dec 2019 ₹ 46.4 ₹ 46,400
    09 Dec 2019 ₹ 46.5 ₹ 46,500
    08 Dec 2019 ₹ 46.6 ₹ 46,600
    07 Dec 2019 ₹ 46.6 ₹ 46,600
    06 Dec 2019 ₹ 47.6 ₹ 47,600
    05 Dec 2019 ₹ 47.6 ₹ 47,600
    04 Dec 2019 ₹ 47.9 ₹ 47,900

    Weekly & Monthly Graph of Silver Rate in Jharkhand

    • 7 Days
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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 Jharkhand

    India has over 500 tonnes and 23,000 crore worth market for silver. Silver is considered a safe haven of investment during any banking crisis, overall financial instability and currency devaluations. It is important to note that many customers invest in silver to protect their purchasing power during high inflation.

    Silver is held in high regard in Jharkhand. There are various jewellery stores across Jharkhand which offer a wide range of jewellery designs. Silver coins and bars of different denominations (50g and 100g) besides silver artefacts and gift articles are also bought. Silver articles are utilized for ritualistic purposes as well.

    Silver as an investment

    Silver is viewed as a valuable asset courtesy its intrinsic value. Silver is considered a safe haven in terms of investment during any type of financial instability and currency devaluations. According to experts, many consumers invest in silver so they can protect their purchasing power during periods of high inflation.

    Physical silver: Silver is bought in the form of coins, bars and intricate jewellery in Jharkhand. Different types of gift articles and silver artefacts are also bought by customers in Jharkhand in addition to silverware.  

    Silver contracts: Customers trade in silver futures on NCDEX and MCX. Silver Mini (SILVERM) and SILVER 1000 are traded in units of 5 kg on MCX. However, silver Micro (SILVERMIC) is traded in 1 kg units. On NCDEX, SILVERHEDG is traded in 30 kg units.

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