Silver Rate In Kannur

  • Silver Rate Today ( 25 May 2022 )

    ₹ 66.5
    Today's Silver Rate per gram

    Compare Silver Price (Today & Yesterday)

    Today
    Yesterday
    Rate Change
    Silver (1 gram) ₹ 66.5 ₹ 65.9 ₹ 0.6 ↑
    Bar Silver (1 Kg) ₹ 66,500 ₹ 65,900 ₹ 600 ↑

    Daily Silver Rates

    Date Silver (1 gram) Bar Silver (1 Kg)
    24 May 2022 ₹ 66.5 ₹ 66,500
    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

    Silver Rate Trend

    • 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.

    Trend of Silver Rate in Kannur 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 and 29 April
    Overall Monthly Performance Decline
    Percentage Change -3.06%

    Trend of Silver Rate in Kannur for March 2022 (rates per kg)

    Parameters Silver Price (per kg)
    March 1 Rate Rs.70,000 per kg
    March 31 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 Kannur for February 2022 (rates per kg)

    Parameters Silver Price (per kg)
    1 February Rate Rs.65,300 per kg
    28 February 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%

    Trend of Silver Rate in Kannur for January 2022 (rates per kg)

    Parameters Silver Price (per kg)
    January 1 Rate Rs.66,600 per kg
    January 31 Rate Rs.65,400 per kg
    Highest Rate in January Rs.69,300 on 21 January
    Lowest Rate in January Rs.64,300 per kg on 10 January
    Overall Monthly Performance Decline
    Percentage Change -1.80%

    Trend of Silver Rate in Kannur for December 2021 (rates per kg)

    Parameters Silver Price (per kg)
    December 1 Rate Rs.66,300 per kg
    December 31 Rate Rs.66,000 per kg
    Highest Rate in December Rs.66,300 on 1, 28, and 29 December
    Lowest Rate in December Rs.64,600 per kg on 15 December
    Overall Monthly Performance Decline
    Percentage Change -0.45%

    Trend of Silver Rate in Kannur for November 2021 (rates per kg)

    Parameters Silver Price (per kg)
    November 1 Rate Rs.68,700 per kg
    November 30 Rate Rs.66,500 per kg
    Highest Rate in November Rs.71,700 on 13 and 14 November
    Lowest Rate in November Rs.66,500 per kg on 30 November
    Overall Monthly Performance Decline
    Percentage Change -3.20%

    Trend of Silver Rate in Kannur for October 2021 (rates per kg)

    Parameters Silver Price (per kg)
    October 1 Rate Rs.63,700 per kg
    October 31 Rate Rs.68,900 per kg
    Highest Rate in October Rs.70,300 on 25 October
    Lowest Rate in October Rs.63,700 per kg on 1 October
    Overall Monthly Performance Incline
    Percentage Change 8.16%

    Also Check Silver Price in NearBy Cities of Kannur

    Silver Rate In Trivandrum Silver Rate In Kochi Silver Rate In Kozhikode
    Silver Rate In Malappuram Silver Rate In Salem Silver Rate In Coimbatore

    Silver Rates In Kannur

    Silver is considered a safe haven during any crisis and currency devaluations. Many invest in the white precious metal to save their purchasing power during times of high inflation. Silver has a wide industrial application besides silverware fabrication and extensive use in decorative articles. Some of the important factors which affect silver rates crude oil prices, depreciating dollar, commodity prices and industrial demand among others.

    Silver rates in Kannur (Kerala) are affected by the aforementioned factors. Silver is used in the form of silverware and gift articles in Kannur. Various items of jewellery such as necklaces and rings are widely sold. Owing to its wide variety of industrial uses, the demand for the white precious metal is on the rise. As a result, silver is considered a valuable investment.

    Silver As An Investment In Kannur

    Small investors in Kannur are more keen on silver than gold given that the former is more affordable compared to the latter. Most consumers in Kannur view silver as a safe form of investment owing to its intrinsic value. There are several major stores across Kannur which offer a wide range of coins, silverware and jewellery.

    Physical silver: Silver is used for decorative items in Kannur. There are several prominent stores across Kannur which offer a wide range of designer silverware and jewellery. Many consumers in Kannur buy silver bars and coins which are considered the most conventional forms of investment. Silver is also widely sought in the form of intricate silverware in addition to various kinds of ornaments.

    Silver contracts: Silver is traded in National Multi Commodity Exchange (NMCE) and Multi Commodity Exchange (MCX). The minimum contract traded (silver micro) is 1 kg. Customers have to bear various charges such as brokerage fees and stamp duty among others. Trading in silver futures depends on gold prices and industrial demand among many others.

    Silver Price In Kannur

    1 kg of silver is pegged at Rs.36,400 in Kannur district in Kerala as on March 1, 2016, a 5.9% increase from Rs.34343 in December 2015. The price of 1 kg of silver was pegged at Rs.40185 in January 2015. The rate of silver decreased by -3.5% and -5.1% in the following months of June and July respectively to Rs.36019. The price of 1 kg of silver was pegged at Rs.35978 in September 2015. The price of silver fell further to Rs.35,234 and Rs.34100 in the months of October and November 2015 respectively.

    Also Know:Gold Rate In Kannur

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