Silver Rate in Kerala

The silver rate in Kerala is determined by different factors such as local demand for the metal, the rupee-dollar relationship and geopolitical factors. Though the majority of silver demand in Kerala is for industrial use, its use in jewellery and ornaments is also quite high. Detailed information on silver prices in Kerala can be found below.
More
  • Today's Silver Rate in Kerala( 21 Jul 2019 )
    ₹ 44
    Today's Silver Rate per gram
    Compare Silver Rate In Kerala (Today & Yesterday)
    Today
    (21 Jul 2019)
    Yesterday
    (20 Jul 2019)
    Rate Change
    Silver (1 gram) ₹ 44 ₹ 44 ₹ 0 ↑
    Bar Silver (1 Kg) ₹ 44,000 ₹ 44,000 ₹ 0 ↑
    Silver Price In Kerala For Last 10 Days
    Date Silver (1 gram) Bar Silver (1 Kg)
    21 Jul 2019 ₹ 44 ₹ 44,000
    20 Jul 2019 ₹ 44 ₹ 44,000
    19 Jul 2019 ₹ 44.5 ₹ 44,500
    18 Jul 2019 ₹ 42.3 ₹ 42,300
    17 Jul 2019 ₹ 42.4 ₹ 42,400
    16 Jul 2019 ₹ 41.5 ₹ 41,500
    15 Jul 2019 ₹ 41.2 ₹ 41,200
    14 Jul 2019 ₹ 41.3 ₹ 41,300
    13 Jul 2019 ₹ 41.3 ₹ 41,300
    12 Jul 2019 ₹ 41 ₹ 41,000

    Weekly & Monthly Graph of Silver Rate in Kerala

    • 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 Rate in Kerala

    Silver or ‘poor man’s gold’ as it is often referred is sought-after by millions of Indians in various forms. The price of silver depends on various factors including its demand as an industrial metal. Ever since silver was de-linked as a currency, around 73% of the white metal is being used across the world in various industrial uses from batteries and mobiles to soldering process and satellites among others. Silver, however, is most popular as a valuable asset in the country.

    There are several major jewellery stores across Kerala which offer a wide variety of jewellery designs. Silver gift articles and artefacts are also commonplace. Silver bars of various denominations such as 50g and 100g are also bought. The bars are sold at competitive prices may come with assay certification. Silver is utilized for various ritualistic purposes as well.

    Trend of Silver Rate in Kerala for July 2019 (rates per kg)

    Parameters Silver price (per kg)
    July 1 Rate Rs.40,500 per kg
    July 14 Rate Rs.41,300 per kg
    Highest Rate in July Rs.41,300 per kg on 11, 13 and 14 July
    Lowest Rate in July Rs.40,400 per kg on 2 July
    Overall Performance Incline

    July 2019- Week 1 (1-7):

    • After opening at Rs.40,500 per kg, silver prices in Kerala dropped marginally to Rs.40,400 per kg on 2 July on declining overseas interest, though local industrial demand remained constant.
    • Prices rose to Rs.40,700 per kg on 3 July as renewed Iran-U.S. tensions and recession fears increased silver’s safe-haven appeal.
    • Silver rates fell to Rs.40,500 per kg on 5 July on static industrial offtake before rising marginally to Rs.40,600 per kg on rising local demand when the week ended on 7 July.

    July 2019- Week 2 (8-14):

    • Positive overseas cues and a rise in local demand saw silver prices in Kerala rise steadily after opening at Rs.40,800 per kg on 8 July.
    • The precious metal climbed to Rs.41,000 per kg on 9 July before minor fluctuations resulted in prices dipping to Rs.40,900 per kg on 10 July.
    • Indications of a possible interest rate cut in the U.S. increased bullion appeal, as the industrial metal rose to Rs.41,300 per kg on 13 July and remained constant till the week ended on 14 July.

    Trend of Silver Rate in Kerala for June 2019 (rates per kg)

    Parameters Silver price (per kg)
    June 1 Rate Rs.39,400 per kg
    June 30 Rate Rs.40,800 per kg
    Highest Rate in June Rs.41,500 per kg on 21 June
    Lowest Rate in June Rs.39,400 per kg on 1 and 2 June
    Overall Performance Incline
    Percentage Change 3.55%

    June 2019- Week 1 (1-9):

    • Demand for silver saw an incremental rise as market forces and a weak U.S. dollar bolstered silver prices in Kerala though the metal opened unchanged at Rs.39,400 per kg.
    • The possibility of trade tariffs on Mexico led to equities falling and a rise in bullion, as the industrial metal rose to Rs.39,600 per kg on 6 June.
    • Prices continued to climb as local industrial orders increased due to favourable conditions, resulting in the white metal trading at Rs.40,300 per kg when the week ended on 9 June.

    June 2019- Week 2 (10 - 16):

    • The silver rate in Kerala at the beginning of the second week of June stood at Rs.39,900 per kg. This was a steep decline from what it was trading at on the last day of week 1.
    • The price of silver then rose Rs.40,100 per kg on 14 June. During this time, the value of the US dollar declined in comparison to other currencies, possibly directly influencing the silver price.
    • At the end of the second week, the price of silver atypically rose to Rs.40,100 per kg on 16 June, as the value of the US dollar too rose during the same period.

    June 2019- Week 3 (17-23):

    • Interest in silver was subdued as the week began, with the metal trading at Rs.40,100 per kg on 17 June before prices rose marginally to Rs.40,300 per kg on 19 June.
    • With a weakened dollar and increased bullion offtake overseas, silver prices in Kerala rose to Rs.40,900 per kg on 20 June as bullion’s safe-haven appeal rose.
    • Economic slowdown fears and the U.S.-Iran conflict escalating also boosted demand for bullion, as silver rose to Rs.41,500 per kg on 21 June before closing the week at Rs.41,300 per kg on 23 June.

    June 2019- Week 4 (24-30):

    • Silver prices in Kerala opened the week at Rs.41,200 per kg on 24 June, remaining unchanged for a few days as local demand bolstered prices.
    • Fluctuations in overseas industrial offtake due to the rising U.S.-Iran tension as well as the Fed’s dovish stance increased bullion offtake as the metal rose to Rs.41,400 per kg on 25 June before prices fell to Rs.40,800 per kg on 26 June.
    • Prices fluctuated during the week on conflicting cues before settling at Rs.40,800 per kg on 30 June and recording a rise of 3.55% in overall price.

    Trend of Silver Rate in Kerala for May 2019 (rates per kg)

    Parameters Silver price (per kg)
    May 1 Rate Rs.40,500 per kg
    May 31 Rate Rs.39,400 per kg
    Highest Rate in May Rs.40,500 per kg on 1 and 2 May
    Lowest Rate in May Rs.39,200 per kg on 20 and 21 May
    Overall Performance Decline

    May 2019- Week 1 (1-5):

    • Flagging demand and fluctuating cues from both local and overseas equity markets capped silver prices in Kerala after the industrial metal opened the month at Rs.40,500 per kg.
    • Demand remained sluggish as encouraging industrial data lowered investor interest in bullion, with prices plunging to Rs.39,500 per kg on 3 May as shares surged on positive Chinese data.
    • There was a marginal rise in price as coin makers increased orders after the dollar dropped marginally, with the metal closing at Rs.40,200 per kg 5 May.

    May 2019- Week 2 (6-12):

    • Interest in silver was on the decline as industrial units reduced orders due to uncertainty over the economic climate, with the metal priced at Rs.40,200 per kg on 6 May.
    • Prices rose to Rs.40,400 per kg on 8 May as a dip in the U.S dollar rate prompted higher demand from coin makers, but silver rates in Kerala dropped back to Rs.40,200 per kg on 9 May.
    • A fall in overseas industrial demand also impacted global prices, with the metal sliding to Rs.40,100 per kg when the week ended on 12 May.

    May 2019- Week 3 (13-19):

    • Interest in silver was on the decline as industrial units reduced orders due to uncertainty over the economic climate, with the metal priced at Rs.40,200 per kg on 13 May. 
    • Prices rose to Rs.40,500 per kg on 15 May as a dip in the U.S dollar rate prompted higher demand from coin makers, but silver rates in Kerala dropped back to Rs.40,300 per kg on 17 May. 
    • A fall in overseas industrial demand also impacted global prices, with the metal sliding to Rs.40,200 per kg when the week ended on 19 May. 

    May 2019- Week 4 (20-26):

    • A drop in both local and overseas industrial offtake as well as declining investor interest due to increased risk sentiment saw silver prices in Kerala open at Rs.39,200 per kg on 20 May.
    • Retail demand remained steady but a rise in the U.S. dollar rate capped gains as the industrial metal traded at Rs.39,300 per kg on 23 May.
    • Market volatility arising out of the impact of deteriorating Iran-U.S. ties bolstered demand for the metal, resulting in a gradual increase to Rs.39,400 per kg when the week ended on 26 May.

    May 2019- Week 5 (27-31):

    • Steady drops in both local industrial demand as well as investor interest resulted in silver rates in Kerala opening the week at a lacklustre Rs.39,500 per kg as a steady U.S. dollar rate capped gains from rising retail interest.
    • Prices continued to fall as equities enjoyed a bull run in anticipation of U.S. employment data figures, as the industrial metal dropped to Rs.39,100 per kg on 29 May.
    • Fears of a global recession as a result of the impending trade sanctions on Chinese goods by the U.S. followed by a steep drop in equity and currency markets bolstered demand for bullion, as silver prices rose marginally to end the month at Rs.39,400 per kg.

    Trend of Silver Rate in Kerala for April 2019 (rates per kg)

    Parameters Silver price (per kg)
    April 1 Rate Rs.40,600 per kg
    April 28 Rate Rs.40,700 per kg
    Highest Rate in April Rs.41,000 per kg on 9 April
    Lowest Rate in April Rs.40,100 per kg on 12 April
    Overall Performance Incline

    April 2019 - Week 1 (1-7):

    • Fluctuating cues and poor local demand results in silver prices in Kerala falling marginally over the course of the week after opening at Rs.40,600 per kg.
    • Static demand from Asian industrial units continued to impact global demand, with a rise in the U.S. dollar denting offtake as silver fell to Rs.40,400 per kg on 2 April.
    • Rates remained constant for a few days on sluggish demand before a marginal rise in local offtake saw the metal trade at Rs.40,500 per kg on 7 April.

    April 2019 - Week 2 (8-14):  

    • Interest in silver rose as a weak dollar and positive overseas cues boosted local offtake with the metal trading at Rs.40.700 per kg on 8 April.
    • Steady orders from coin makers boosted prices to Rs.41,000 per kg on 9 April before positive U.S. manufacturing data bolstered equity markets as silver prices in Kerala dropped to Rs.40,100 per kg on 12 April.
    • The end of the week saw a slight rise in local industrial orders but a strong U.S. dollar rate capped gains as the industrial metal closed the week at Rs.40,300 per kg on 14 April.

    April 2019 - Week 3 (15-21):

    • A decline in local silver offtake resulted in the metal’s prices dropping towards the end of the week after opening at Rs.40,200 per kg on 15 April.
    • Demand rose briefly to Rs.40,400 per kg on 17 April despite a drop in overseas demand but prices soon fell to Rs.40,300 per kg on 18 April.
    • Conflicting cues resulted in the industrial metal’s price rising to Rs.40,400 per kg on 19 April but declining local demand dented rates as silver ended the week at Rs.40,300 per kg on 21 April.

    April 2019- Week 4 (22-28):  

    • A drop mid-week due to demand vagaries affected silver prices in Kerala but the metal was on a strong bullish run after opening the week at Rs.40,700 per kg on 22 April.
    • Renewed fears over the impact of Brexit on the global economy were amplified by weak industrial data from the U.S. and China, but prices dipped to Rs.40,200 per kg on 24 April on a rally by the U.S. dollar.
    • Prices recovered as coin makers and local industrial units increased their offtake as silver prices climbed to Rs.40,700 per kg on 28 April.

    Trend of Silver Rate in Kerala for March 2019 (rates per kg)

    Parameters Silver price (per kg)
    March 1 Rate Rs.42,700 per kg
    March 31 Rate Rs.40,600 per kg
    Highest Rate in March Rs.42,700 per kg on 1 March
    Lowest Rate in March Rs.40,200 per kg on 29 March
    Overall Performance Decline
    Percentage Change -4.91%

    March 2019 - Week 1 (1-10):

    • A steady decline in overseas industrial offtake and reduced interest from coin makers resulted in silver prices in Kerala falling significantly during the week despite opening unchanged at Rs.42,700 per kg.
    • Local demand for the metal dropped as the rupee weakened, with a rise in equities pulling investors away from bullion as silver prices fell to Rs.41,400 per kg on 6 March.
    • Prices dipped to Rs.41,000 per kg on 7 March as the dollar continued to make gains, before silver demand rose marginally to Rs.41,600 per kg when the week ended on 10 March.

    March 2019 - Week 2 (11-17):

    • Fluctuating overseas demand and a rising U.S. dollar rate dented silver rates in Kerala despite steady local industrial demand, though the metal opened at a steady Rs.41,500 per kg on 11 March.
    • Steady offtake from coin makers helped keep prices stable for a few days despite a steady drop in overseas industrial offtake, as demand from Asia remained muted due to ongoing Sino-U.S. trade talks.
    • Prices slid to Rs.41,000 per kg on 15 March as the delay in the Brexit vote boosted equities and resulted in a further drop in silver offtake, with the metal closing the week at Rs.41,000 per kg due to static demand. 

    March 2019 - Week 3 (18-24):

    • Poor offtake from local industrial units due to a steady U.S. dollar rate resulted in silver rates in Kerala opening the week at Rs.40,800 per kg on 18 March but rising interest from overseas propped up prices with the metal rising to Rs.40,900 per kg o 19 March.
    • Market volatility due to the Brexit vote and its impact on global economic growth boosted demand for safe-haven metals as silver prices rose to Rs.41,100 per kg on 20 March.
    • Prices remained stable for q few days as local demand also rose on positive overseas cues before ending the week at Rs.41,300 per kg on 24 March.

    March 2019- Week 4 (25-31):

    • Declining interest from local industrial units and conflicting overseas cues affected silver prices in Kerala after the metal opened the week at Rs.41,400 per kg on 25 March.
    • Positive Chinese economic data boosted equities and the U.S. dollar which resulted in a drop in local demand as silver prices fell to Rs.40,800 per kg on 28 March.
    • Prices fell to a monthly low of Rs.40,200 per kg on 29 March as global markets recovered from Brexit fears before silver recovered marginally to trade at Rs.40,600 per kg on 31 March and record a monthly loss in value of 4.91%.

    Trend of Silver Rate in Kerala for February 2019 (rates per kg)

    Parameters Silver price (per kg)
    February 1 Rate Rs.43,700 per kg
    February 28 Rate Rs.43,300 per kg
    Highest Rate in February Rs.44,100 per kg on 5 February
    Lowest Rate in February Rs.42,700 per kg on 8 and 14 February
    Overall Performance Decline
    Percentage Change -0.91%

    February 2019 - Week 1 (1-10):

    • Fluctuations in local and overseas offtake saw silver rates in Kerala fall marginally, though the metal opened at a stable Rs.43,700 per kg on 1 February.
    • Prices rose to Rs.44,100 per kg on 5 February as coin makers increased demand due to the wedding season and higher retail demand for the metal.
    • Silver prices dipped as overseas interest dropped due to the recovery of the dollar, with the metal dropping to Rs.43,100 per kg on 8 February.
    • Prices recovered marginally to close the week at Rs.43,300 per kg on 10 February.

    February 2019 - Week 2 (11-17):

    • With uncertainty over the ongoing Sino-U.S. trade talks, interest in silver was on the decline as the week began.
    • Silver traded at Rs.43,300 per kg on 11 February but prices dropped to Rs.42,800 per kg on 13 February as local industrial demand was sluggish on weak overseas cues.
    • Prices recovered towards the end of the month as rising volatility in the equity markets prompted increased investment in bullion, with silver prices in Kerala rising to Rs.43,400 per kg on 17 February.

    February 2019 - Week 3 (18-24):

    • Silver opened at Rs.43,600 per kg on 18 February on steady demand from local coin makers due to the weak dollar rate.
    • Prices dropped to Rs.43,500 per kg on 19 February before rising briefly to Rs.44,000 per kg on 20 February as weak U.S. economic data bolstered interest in bullion.
    • Demand fell as the overseas interest in silver declined, resulting in the metal trading at Rs.43,700 per kg on 24 February.

    February 2019 - Week 4 (25-28):

    • Poor overseas offtake and declining local interest resulted in silver rates in Kerala falling steadily this week, though silver opened at a steady Rs.43,800 per kg on 25 February.
    • Concerns over the impact of Brexit and the ongoing Sino-U.S. trade discussions put investors off increasing their investments in silver as the metal traded at Rs.43,500 per kg on 27 February.
    • A drop in local industrial demand due to a rise in the U.S. dollar rate and weak overseas cues also impacted silver as the metal’s price dropped to Rs.43,300 per kg on 28 February to record an overall loss of 0.91% during the month.

    Trend of Silver Rate in Kerala for January 2019 (rates per kg)

    Parameters  Silver price (per kg) 
    Rate on 1st January 2019 Rs.41,500 per kg 
    Rate on 31st January 2019 Rs.43,900per kg 
    Highest Rate in January 2019  Rs.43,900 per kg on 30 and 31January 
    Lowest Rate in January 2019  Rs.41,500per gramon 1 January 
    Overall Performance  Incline 
    Percentage Change 5.78%
    Comparison for 1 gram Silver Rates for Kerala January'19

    January 2019 - Week 1 (1 - 6):

    • Demand for silver rose steadily during the week, boosted by a weak dollar and increased demand from coin makers.
    • Silver opened the year priced at Rs.41,500 per kg and rose to Rs.41,800 per kg on 3 January, spurred on by steady local industrial demand.
    • Prices climbed to Rs.42,200 per kg on 4 January as markets continued to reel from the ongoing U.S. government shutdown.
    • There was no change in price as the week ended, with silver prices in Kerala continuing to trade at Rs.42,200 per kg.

    January 2019 - Week 2 (7 - 13):

    • The second week saw silver prices in Kerala rise marginally as local industrial demand as well as rising Asian orders boosted the metal’s value.
    • Silver opened the week at Rs.42,200 per kg on 7 January and climbed to Rs.42,400 per kg on 9 January on steady orders from coin makers.
    • Prices reached a weekly high of Rs.42,800 per kg on 10 January as the low dollar and volatile markets increased investor interest in bullion.
    • There was a slight dip in price as the week ended, with silver trading at Rs.42,700 per kg on 13 January.

    January 2019 - Week 3 (14 - 20): 

    • In sharp contrast to prevalent trends, silver rate in Kerala declined during the week as local industrial demand could not maintain prices in spite of positive global cues.
    • Silver was priced at Rs.42,300 per kg when trading opened on 14 January and quickly rose to Rs.42,700 per kg on 15 January as a weak dollar boosted sales.
    • Silver price in Kerala shot up to Rs.42,900 per kg on 17 January as the prolonged government shutdown in the U.S. fuelled fears of adverse long-term effects on the global economy.
    • A reduction in industrial orders from China due to the fallout from the Sino-U.S. trade dispute impacted local demand, which slipped to Rs.42,100 per kg when the week ended on 20 January.

    January 2019 - Week 4 (21-27):

    • Increasing interest from local coin makers and industrial units kept silver price in Kerala steady after the metal opened the week at a static Rs.42,200 per kg on 21 January.
    • Fluctuating overseas demand due to reduced orders from China dented prices towards the middle of the week as the white metal traded at Rs.42,100 per kg on 25 January.
    • Silver rates rose sharply as the political crisis in South America rattled markets, with the metal trading at Rs.43,200 per kg when trading closed on 27 January.

    January 2019 - Week 5 (28-31): 

    • The final week of January saw silver rates in Kerala rise on increased industrial offtake and burgeoning interest from retailers and coin makers.
    • Silver traded at Rs.43,300 per kg on 28 January as demand rose on increased offtake by investors due to growing economic uncertainty.
    • Despite a reduction in demand from Chinese industrial units due to the lingering impact of the U.S. trade sanctions, silver prices rose on steady local demand.
    • Prices closed at Rs.43,900 per kg on 31 January to record a 5.78% rise in value on steady regional offtake.

    Trend of silver Rate in Kerala for December 2018 (rates per kg)

    Parameters Silver price (per kg)
    December 1 Rate Rs.38,500 per kg
    December 31 Rate Rs.41,500 per kg
    Highest Rate in December Rs.41,500 per kg on 31 December
    Lowest Rate in December Rs.38,500 per kg on 1 December
    Overall Monthly Performance Incline
    Percentage Change 7.79%
    Comparison for 1 gram Silver Rates for Kerala December'18

    December 2018 - Week 1 (1 - 9):

    Parameters Silver price (per kg)
    December 1 Rate Rs.38,500 per kg
    December 9 Rate Rs.40,300 per kg
    Overall Weekly Performance Incline
    • Silver prices in Kerala rose on increased local offtake, with both industrial demand and coin makers increasing order volumes.
    • The industrial metal opened the month at Rs.38,500 per kg, rising to Rs.39,600 per kg on 4 December on growing interest from investors looking to hedge losses due to volatile markets.
    • Prices continued to rise for the rest of the week as fears of an economic slowdown and a falling dollar prompted increased orders of safe-haven assets, as silver closed the week at Rs.40,300 per kg on 9 December.

    December 2018 - Week 2 (10 - 16):

    Parameters Silver price (per kg)
    December 10 Rate Rs.40,300 per kg
    December 16 Rate Rs.40,500 per kg
    Overall Weekly Performance Incline
    • Demand for silver rose as coin makers and industrial units increased demand as a falling rupee and positive overseas cues also bolstered demand.
    • Silver traded at Rs.40,300 when trading opened on 10 December before rising sharply to trade at Rs.40,700 per kg on 11 December.
    • Fluctuating markets and overseas cues affected silver rates in Kerala, as the metal’s price fell to Rs.40,500 when the week ended on 16 December.

    December 2018 - Week 3 (17 - 23):

    Parameters Silver price (per kg)
    December 17 Rate Rs.40,400 per kg
    December 23 Rate Rs.39,800 per kg
    Overall Weekly Performance Decline
    • When the third week of December began in Kerala, silver was priced at Rs.40,400 per kg.
    • Due to an improvement in demand, rates went up to Rs.40,500 per kg the next day before falling considerably to Rs.39,800 per kg.
    • On the 21st, rates went up to Rs.39,900 per kg but dropped again the next day to reach Rs.39,800 per kg.
    • When the week drew to a close, silver prices in Kerala were seen holding at Rs.39,800 per kg.

    December 2018 - Week 4 (24 - 31):

    Parameters Silver price (per kg)
    December 24 Rate Rs.40,000 per kg
    December 31 Rate Rs.41,500 per kg
    Overall Weekly Performance Incline
    • Trading opened for the week with silver rate in Kerala priced at Rs.40,000 per kg on the 24th with strong domestic demand from local jewellers and retailers amid the positive trends overseas.
    • Rates surged to Rs.41,400 per kg on the 28th with investors and market participants banking on safe-haven assets amid the tumbling US economy and continued US-Sino trade dispute.
    • The month came to an end with silver priced at Rs.41,500 per kg on the 31s with strong safe-haven for the metal amid the strong market trends overseas. Kerala recorded a 7.79% increase in silver prices during the course of the month.

    Trend of Silver Rate in Kerala for November 2018 (rates per kg)

    Parameters Gold price (24 karat)
    November 1 Rate Rs.40,900 per kg
    November 30 Rate Rs.38,800 per kg
    Highest Rate in November Rs.41,500 per gram on 4 November
    Lowest Rate in November Rs.38,800 per gram on 30 November
    Overall Monthly Performance Decline
    Percentage Change -5.13%

    November 2018 - Week 1 (1 - 4):

    Parameters Silver price (per kg)
    November 1 Rate Rs.40,900 per kg
    November 4 Rate Rs.41,500 per kg
    Overall Weekly Performance Incline
    • The first week of trading began silver in Kerala priced at Rs.40,900 per kg on the 1st following a decline in industrial demand for the metal amid the strong US greenback and well-performing equity markets.
    • With investors and markets participants refraining from making purchases ahead of the US payrolls data, the US dollar weakened.
    • Strong industrial demand coupled with positive market trends overseas led to silver rate in Kerala holding at Rs.41,500 per kg for the remainder of the week.

    November 2018 - Week 2 (5 - 11):

    Parameters Silver price (per kg)
    November 5 Rate Rs.41,400 per kg
    November 11 Rate Rs.40,500 per kg
    Overall Weekly Performance Decline
    • Trading opened for the week with silver priced at Rs.41,400 per kg on the 5th with steady demand from local industries and coin manufacturers amid positive global trends.
    • However, strong dollar performances coupled with good returns on equities led to silver losing its demand and the industrial metal was priced at Rs.40,500 per kg on the 9th.
    • Trading concluded for the week with the silver rate in Kerala holding at Rs.40,500 per kg on the 11th with steady local demand despite the weak trend overseas.

    November 2018 - Week 3 (12 - 18):

    Parameters Silver price (per kg)
    November 12 Rate Rs.40,000 per kg
    November 18 Rate Rs.40,100 per kg
    Overall Weekly Performance Incline
    • Silver rate in Kerala rose as increased offtake from coin makers and a surge in retail demand offset losses from a falling rupee.
    • The industrial metal traded at Rs.40,000 per kg on 12 November before falling marginally to Rs.39,700 per kg on 15 November.
    • In spite of the risingU.S. dollar capping gains, silver prices rose to Rs.40,000 per kg on 16 November due to increased overseas demand.
    • Silver price in Kerala rose to Rs.40,100 per kg when the week ended on 18 November, as silver prices rose by Rs.100 during the week.

    November 2018 - Week 4 (19 - 25)

    Parameters Silver price (per kg)
    November 19 Rate Rs.40,100 per kg
    November 25 Rate Rs.39,400 per kg
    Overall Weekly Performance Decline
    • Silver rates in Kerala echoed trends seen across the country, with prices falling on conflicting cues and poor local demand.
    • The metal opened at Rs.40,100 per kg on 19 November but volatile demand and sluggish overseas offtake saw prices dip.
    • Fluctuations in demand saw the metal’s price fall to Rs.39,800 per kg on 20 November and rise to Rs.40,000 per kg on 22 November.
    • Prices dipped towards the end of the week, as silver traded at Rs.39,400 per kg on 25 November to record a loss of Rs.700 due to poor offtake.

    November 2018 - Week 5 (26 - 30):

    Parameters Silver price (per kg)
    November 26 Rate Rs.39,300 per kg
    November 30 Rate Rs.38,800 per kg
    Overall Weekly Performance Decline
    • Falling local demand and steep import costs due to a falling rupee impacted silver rates in Kerala.
    • The metal opened trading at Rs.39,300 per kg on 26 November, but poor offtake from coin makers saw prices fall to Rs.39,000 per kg on 28 November.
    • Brexit fallout fears saw markets shed points and a rise in interest in silver, as the metal traded at Rs.39,100 per kg on 29 November.
    • Prices fell sharply as the dollar recovered, resulting in silver trading at Rs.38,800 per kg on 30 November.

    Trend of Silver Rate in Kerala for October 2018 (rates per kg)

    Parameters Gold price (24 karat)
    October 1 Rate Rs.41,100 per kg
    October 31 Rate Rs.41,200 per kg
    Highest Rate in October Rs.42,200 per gram on 15 October
    Lowest Rate in October Rs.39,500 per gram on 5 October
    Overall Monthly Performance Incline
    Percentage Change 0.24%
    Graph for Silver Rate (1 gram) in Kerala oct-1 2018
    Graph for Silver Rate (1 gram) in Kerala oct-1 2018

    October 2018 - Week 1 (1 - 7):

    Parameters Silver price (per kg)
    October 1 Rate Rs.41,100 per kg
    October 7 Rate Rs.41,900 per kg
    Overall Weekly Performance Incline
    • In line with trends seen across the country, silver rates in Kerala rose over the course of the week in spite of fluctuations in demand.
    • Silver opened the week at Rs.41,100 per kg, with the falling rupee resulting in higher industrial offtake.
    • Overseas demand was also high, with industry ramping up orders before a possible rate hike during the Fed Reserve meeting later in the week.
    • Prices reached a high of Rs.42,000 per kg on 3 October as local coin makers and jewellers increased orders ahead of the festive season.
    • A minor dip led to silver trading at Rs.41,600 per kg on 4 October before the metal’s value rose to Rs.41,900 per kg on 7 October.

    October 2018 - Week 2 (8 - 14):

    Parameters Silver price (per kg)
    October 8 Rate Rs.41,500 per kg
    October 14 Rate Rs.41,500 per kg
    Overall Weekly Performance Constant
    • Fluctuations for the demand for the metal cause the silver price in Kerala to drop to Rs.41,500 per kg at the start of week 2.
    • A minor dip in the value of the metal due to the rise in dollar and global stocks caused the metal to trade at Rs.41,200 per kg on 10 October.
    • Silver was recorded at Rs.41,500 per kg on 8 October. This was the same price that the metal traded at the start of week 2.

    October 2018 - Week 3 (15 - 21):

    Parameters Silver price (per kg)
    October 15 Rate Rs.41,900 per kg
    October 21 Rate Rs.41,500 per kg
    Overall Weekly Performance Decline
    • Silver prices in Kerala reflected trends seen across most Indian cities, with demand for the metal falling due to a drop in industrial orders and flagging retail sales.
    • The metal opened the week at Rs.41,900 per kg on 15 October but prices dropped  to Rs.41,400 per kg on 17 October on declining retail demand.
    • A drop in the dollar rate led to a spurt in demand for silver, as the metal traded at Rs.41,700 per kg on 18 October.
    • The rise in price was brief, as silver prices once again dropped to Rs.41,500 per kg on 20 October due to a drop in orders from industry and coin makers.
    • Prices remained the same as the week ended, with silver trading at Rs.41,500 per kg to record a loss of Rs.400 in value during the week.

    October 2018 - Week 4 (22 - 28):

    Parameters Silver price (per kg)
    October 22 Rate Rs.41,500 per kg
    October 28 Rate Rs.41,700 per kg
    Overall Weekly Performance Incline
    • In line with trends seen across other Indian cities, silver prices in Kerala rose on increased retail purchases ahead of the festive season.
    • Silver opened the week at Rs.41,500 per kg on 22 October as prices were unchanged from the previous week due to static demand.
    • The falling rupee and unsteady equity markets impacted silver demand, as industrial demand rose marginally and pushed silver prices to Rs.41,900 per kg on 24 October.
    • Fluctuating US dollar rates led to silver prices dropping to Rs.41,500 per kg on 26 October as overseas investors were cautious of bullion investments.
    • Prices rose as the week ended, with silver trading at Rs.41,700 per kg on 28 October on stable local demand.

    October 2018 - Week 5 (29-31):

    Parameters Silver price (per kg)
    October 29 Rate Rs.41,600 per kg
    October 31 Rate Rs.41,200 per kg
    Overall Weekly Performance Decline
    • The start of the week saw silver prices in Kerala trade at Rs.41,600 per kg on 29 October, with prices falling marginally on decreasing industrial demand.
    • The falling rupee and poor overseas trends saw silver rates continue to drop, in spite of festive sales shoring up the metal.
    • Silver fell to Rs.41,200 per kg on 30 October as the rising dollar put off many retail consumers, while falling industrial demand added pressure.
    • The end of the month saw silver continue to trade at Rs.41,200 per kg due to stagnant local and overseas demand.

    Trend of Silver Rate in Kerala for September 2018 (rates per kg)

    Parameters Gold price (24 karat)
    September 1 Rate Rs.41,400 per kg
    September 30 Rate Rs.41,200 per kg
    Highest Rate in September Rs.41,400 per gram on 1 September
    Lowest Rate in September Rs.39,500 per gram on 5 September
    Overall Monthly Performance Decline
    Percentage Change -0.48%
    Graph for Silver Rate (1 gram) in Kerala August 2018
    Graph for Silver Rate (1 gram) in Kerala August 2018

    September 2018 - Week 1 (1 - 8):

    Parameters Silver price (per kg)
    September 1 Rate Rs.40,000 per kg
    September 8 Rate Rs.39,700 per kg
    Overall Weekly Performance Decline
    • The first week of September saw silver rates in Kerala decline due to conflicting cues and poor offtake.
    • Silver opened the week at Rs.40,000 per kg and prices remained steady for a few days due to static demand.
    • The fall in the dollar rate led to a brief rise in silver prices, which traded at Rs.40,100 per kg on 3 September.
    • Fears of a global trade war led to investors looking at bullion to safeguard against possible losses, though prices remained low.
    • The metal traded at Rs.39,800 per kg on 6 September as local coin makers boosted the struggling market.
    • With industrial offtake unable to maintain prices, silver fell to Rs.39,700 per kg on 8 September to record a loss in value over the course of the week.

    September 2018 - Week 2 (9 - 14):

    Parameters Silver price (per kg)
    September 9 Rate Rs.39,700 per kg
    September 14 Rate Rs.39,800 per kg
    Overall Weekly Performance Incline
    • Silver’s fortunes in Kerala were reversed this week, as the metal made some gains after a prolonged period of falling prices.
    • The week began with silver priced at Rs.39,700 per kg on 9 September, as demand for bullion was static due to a stable dollar.
    • The release of less-than-favourable U.S. consumer data led to markets and the dollar falling, as interest in silver rose.
    • The industrial metal traded at Rs.39,800 per kg on 10 September as local demand also rose, boosted by positive overseas cues.
    • Silver prices climbed to Rs.39,900 per kg on 11 September as investors looked to bullion as a safe investment due to stock market turbulence.
    • Prices dropped as demand fluctuations affected demand, with silver priced at Rs.39,800 per kg on 14 September.

    September 2018 - Week 3 (15 - 22):

    Parameters Silver price (per kg)
    September 15 Rate Rs.39,500 per kg
    September 22 Rate Rs.40,300 per kg
    Overall Weekly Performance Incline
    • Demand for silver in Kerala was in line with trends seen across other cities as well, with the white metal priced at Rs.39,500 per kg when trading opened on 15 September.
    • The ongoing trade tariff dispute between the U.S. and China affected stock markets and the dollar, as investors turned to bullion to hedge losses on the stock market.
    • Prices rose to Rs.40,000 per kg on 19 September as coin makers also increased demand due to the falling rupee.
    • Silver rose towards the end of the week and closed at Rs.40,300 per kg.

    September 2018 - Week 4 (23 - 30):

    Parameters Silver price (per kg)
    September 23 Rate Rs.40,300 per kg
    September 30 Rate Rs.41,200 per kg
    Overall Weekly Performance Incline
    • In keeping with trends seen across other cities, silver prices in Kerala were on the increase in the last week of September.
    • The industrial metal opened the week at Rs.40,300 per kg on 23 September before falling marginally to Rs.40,000 per kg on 24 September due to demand vagaries.
    • The metal quickly made a recovery to trade at Rs.40,800 per kg on 26 September after fears of the growing impact of the Sino-U.S. trade dispute rattled markets.
    • Local demand was also stable, as coin makers increased orders due to favourable market conditions.
    • Prices rose to Rs.41,200 per kg on 29 September and closed the month at the same price after both industrial demand and retail sales rose.

    Trend of Silver Rate in Kerala for August 2018 (rates per kg)

    Parameters Silver price (per kg)
    August 1 Rate Rs.41,400 per kg
    August 31 Rate Rs.40,300 per kg
    Highest Rate in August Rs.41,400 per kg on 1 August
    Lowest Rate in August Rs.39,400 per kg on 16 August
    Overall Monthly Performance Decline
    Percentage Change -2.65%
    Graph for Silver Rate (1 gram) in Kerala July 2018
    Graph for Silver Rate (1 gram) in Kerala July 2018

    August 2018 - Week 1 (1 - 5):

    Parameters Silver price (per kg)
    August 1 Rate Rs.41,400 per kg
    August 5 Rate Rs.41,300 per kg
    Overall Weekly Performance Decline
    • As August began, silver rates in Kerala were in line with prevalent trends owing to increased demand for the dollar.
    • In spite of stable demand from the local industrial sector, there was a drop in the silver rate as the rupee continued to fall against the dollar, which resulted in lower import orders.
    • Silver traded at Rs.41,400 per kg on 1 August, with no significant change in the price as demand from coin makers was on the decline.
    • Industrial demand was also on the wane locally, though international orders were on track following a brief fall in the dollar rate due to unfavourable jobs data from the U.S.
    • Following the release of the Fed Reserve’s report on the U.S. economy, equity markets were buoyed and local demand saw a steep fall in orders.
    • Prices remained low as the week drew to a close, with silver ending the week at Rs.41,300 per kg in Kerala.

    August 2018 - Week 2 (6 - 12):

    Parameters Silver price (per kg)
    August 6 Rate Rs.41,200 per kg
    August 12 Rate Rs.41,200 per kg
    Overall Weekly Performance Constant
    • Silver prices were on the decline as industrial offtake was on the decline, with the industria metal opening trade at Rs.41,200 per kg as declining orders affected prices.
    • The positive report on the U.S. economy also bolstered the dollar, as local industrial orders fell sharply due to the increased cost associated with a plunging rupee.
    • There was minimal change in price over the course of the week as demand from coin makers fell as well.
    • The week ended with silver priced at Rs.41,200 per kg on 12 August, which was recorded to be a constant trend for the week.

    August 2018 - Week 3 (13 - 19):

    Parameters Silver price (per kg)
    August 13 Rate Rs.41,200 per kg
    August 19 Rate Rs.40,000 per kg
    Overall Weekly Performance Decline
    • Silver prices were on the decline as industrial offtake was on the decline, with the industria metal opening trade for Week 3 at Rs.41,200 per kg as declining orders affected prices.
    • The positive report on the U.S. economy also bolstered the dollar, as local industrial orders fell sharply due to the increased cost associated with a plunging rupee.
    • There was minimal change in price over the course of the week as demand from coin makers fell as well.
    • The week ended with silver priced at Rs.40,000 per kg on 19 August, which was recorded to be a declining trend for the week.

    August 2018 - Week 4 (20 - 26):

    Parameters Silver price (per kg)
    August 20 Rate Rs.40,000 per kg
    August 26 Rate Rs.40,200 per kg
    Overall Weekly Performance Incline
    • The fourth week began with silver rate in Kerala recorded at Rs.40,000 per kg on the 20th with steady local demand amid positive global trends.
    • A drop in the dollar value led to silver price in Kerala surging to Rs.40,100 per kg on the 22nd.
    • However, with the US dollar recovering lost ground over the next couple of days, demand for the meta plunged and silver in Kerala was recorded holding at Rs.39,800 per kg on the 24th.
    • The week came to an end with silver trading relatively higher at Rs.40,200 per kg on the 26th following an increase in investor demand brought about by positive global trends.

    August 2018 Week 5 (27 - 31):

    Parameters Silver price (per kg)
    August 27 Rate Rs.40,200 per kg
    August 31 Rate Rs.40,300 per kg
    Overall Weekly Performance Incline
    • Silver rates in Kerala followed trends seen across other Indian cities, with the metal trading at Rs.40,200 per kg.
    • There was little fluctuation in the price of silver as stagnant demand and a declining dollar negated possible gains.
    • The slide in the dollar rate led to silver prices rising marginally to Rs.40,400 per kg on 28 August, though there was little change in order volumes.
    • The inclement weather and related natural calamities reduced industrial offtake, resulting in silver prices falling back to Rs.40,300 per kg on 29 August.
    • Prices remained unchanged for the rest of the week, as silver ended the month priced at Rs.40,300 per kg.

    Trend of Silver Rate in Kerala for July 2018 (rates per kg)

    Parameters Silver price (per kg)
    July 1 Rate Rs.42,800 per kg
    July 31 Rate Rs.41,400 per kg
    Highest Rate in July Rs.42,800 per kg on 1 and 2 July
    Lowest Rate in July Rs.41,200 per kg from 27 - 29 July
    Overall Monthly Performance Decline
    Percentage Change -3.50%
    Graph for Silver Rate (1 gram) in Kerala June 2018
    Graph for Silver Rate (1 gram) in Kerala June 2018

    July 2018 - Week 1 (1 - 7):

    Parameters Silver price (per kg)
    July 1 Rate Rs.42,800 per kg
    July 7 Rate Rs.42,700 per kg
    Overall Weekly Performance Decline
    • While gold demand picked up before a slight fall this week, silver rates recorded a slight decline owing to a weak demand.
    • On the 1st of July, gold was priced at Rs.42,800 per kg in Kerala. This dropped to Rs.42,700 per kg the next day as demand was weak.
    • The 3rd saw gold rates drop further to Rs.42,400 per kg after demand from local jewellers and industries dropped.
    • As safe haven demand rose on the 4th, ahead of a weak and shaky US markets, silver rates also surged - to trade at Rs.42,800 per kg.
    • Over the 5th and 6th, the white metal traded at Rs.42,800 per kg as demand was holding steady ahead of growing cues.
    • On the final day of the week, silver rate in Kerala dropped slightly to Rs.42,700 per kg.

    July 2018 - Week 2 (8 - 14):

    Parameters Silver price (per kg)
    July 8 Rate Rs.42,600 per kg
    July 14 Rate Rs.42,200 per kg
    Overall Weekly Performance Decline
    • When trading began for the second week, silver rates in Kerala were recorded holding at Rs.42,600 per kg on the 8th with steady local demand amid positive market trends overseas.
    • The next couple of days saw silver trading at Rs.42,900 per kg, thanks to an increase in industrial orders from the Asian continent amid the weakened US dollar index and poorly performing equity markets.
    • However, with market participants cutting down purchases amid the recovering US dollar, prices dropped over the next few days.
    • Silver was recorded trading at Rs.42,600 per kg on the 11th before dropping to Rs.42,200 per kg on the 12th.
    • Rates recovered to Rs.42,400 per kg on the 13th with industries and coin makers ramping up purchases in order to stock up their inventories.
    • Trading concluded for the week with the white metal priced at Rs.42,200 per kg on the 14th with subdued domestic demand coupled with poor market trends overseas.

    July 2018 - Week 3 (15 - 22):

    Parameters Silver price (per kg)
    July 8 Rate Rs.42,200 per kg
    July 14 Rate Rs.41,700 per kg
    Overall Weekly Performance Decline
    • When silver trading began for the week in Kerala, the metal was priced at Rs.42,200 per kg.
    • Demand was steady for the initial few days before dropping as days progressed owing to a strong dollar.
    • On the 16th, the metal traded at Rs.42,300 per kg before falling to Rs.42,200 per kg on the 17th and then to Rs.41,700 per kg on the 18th.
    • Demand improved from the 19th onwards, and the metal traded at Rs.41,700 per kg at the time of closing this week.

    July 2018 Week 4 (22 - 31):

    Parameters Silver price (per kg)
    July 22 Rate Rs.41,700 per kg
    July 31 Rate Rs.41,400 per kg
    Overall Weekly Performance Decline
    • Silver prices in Kerala followed trend seen in other cities as well, with the industrial metal priced at Rs.41,700 per kg on 22 July.
    • Prices fluctuations were minimal as industrial demand kept prices stable, but lowered demand resulted in prices falling steadily.
    • A slide in price led to silver trading at Rs.41,400 per kg on 24 July, as the impact of the falling rupee forced industries to reduce imports of the metal.
    • A late drop in the dollar rate resulted in silver prices rising to Rs.41,800 per kg on 26 July, but prices fell to Rs.41,400 per kg on 31 July.

    Silver as an investment in Kerala

    Silver is bought in the form of coins and bars. Customers can also invest in Milestone Bullion Series 1, which needs a minimum investment of Rs.5 lakhs. Given that silver ETFs are not available in India, many customers have alternative form of investment such as buying and selling securities which are traded in the US.

    Physical silver: Many consumers in Kerala physically own silver in the form of trendy jewellery. However, customers may lose some money if they wish to sell their jewellery owing to any impurities, exchange rates and making charges. Most consumers find investing in jewellery more convenient in addition its aesthetic appeal. Fashionable silverware is also widely sold at all leading stores across major cities in Kerala.

    Silver contracts: Customers trade in trade in top commodity exchanges such as NCDEX and MCX for silver futures. Many customers see commodity futures as an easier form of investment with transparent pricing and minimal transaction charges. However, the physical delivery of the white precious metal entails various issues vis-a-vis its purity and storage.

    Read more on Silver

    *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 Kerala

    Silver or ‘poor man’s gold’ as it is often referred is sought-after by millions of Indians in various forms. The price of silver depends on various factors including its demand as an industrial metal. Ever since silver was de-linked as a currency, around 73% of the white metal is being used across the world in various industrial uses from batteries and mobiles to soldering process and satellites among others. Silver, however, is most popular as a valuable asset in the country.

    There are several major jewellery stores across Kerala which offer a wide variety of jewellery designs. Silver gift articles and artefacts are also commonplace. Silver bars of various denominations such as 50g and 100g are also bought. The bars are sold at competitive prices may come with assay certification. Silver is utilized for various ritualistic purposes as well.

    Trend of Silver Rate in Kerala for January 2019 (rates per kg)

    Parameters Silver price (per kg)
    January 1 Rate Rs.41,500 per kg 
    January 20 Rate   Rs.42,100 per kg 
    Highest Rate in January Rs.42,900 per kg on 17 January 
    Lowest Rate in January  Rs.41,500 per gram on 1 January  
    Overall Performance Decline 

    January 2018 - Week 1 (1 - 6):

    • Demand for silver rose steadily during the week, boosted by a weak dollar and increased demand from coin makers.
    • Silver opened the year priced at Rs.41,500 per kg and rose to Rs.41,800 per kg on 3 January, spurred on by steady local industrial demand.
    • Prices climbed to Rs.42,200 per kg on 4 January as markets continued to reel from the ongoing U.S. government shutdown.
    • There was no change in price as the week ended, with silver prices in Kerala continuing to trade at Rs.42,200 per kg.

    January 2018 - Week 2 (7 - 13):

    • The second week saw silver prices in Kerala rise marginally as local industrial demand as well as rising Asian orders boosted the metal’s value.
    • Silver opened the week at Rs.42,200 per kg on 7 January and climbed to Rs.42,400 per kg on 9 January on steady orders from coin makers.
    • Prices reached a weekly high of Rs.42,800 per kg on 10 January as the low dollar and volatile markets increased investor interest in bullion.
    • There was a slight dip in price as the week ended, with silver trading at Rs.42,700 per kg on 13 January.

    January 2018 - Week 3 (14 - 20): 

    • In sharp contrast to prevalent trends, silver rate in Kerala declined during the week as local industrial demand could not maintain prices in spite of positive global cues.
    • Silver was priced at Rs.42,300 per kg when trading opened on 14 January and quickly rose to Rs.42,700 per kg on 15 January as a weak dollar boosted sales.
    • Silver price in Kerala shot up to Rs.42,900 per kg on 17 January as the prolonged government shutdown in the U.S. fuelled fears of adverse long-term effects on the global economy.
    • A reduction in industrial orders from China due to the fallout from the Sino-U.S. trade dispute impacted local demand, which slipped to Rs.42,100 per kg when the week ended on 20 January.

    Trend of silver Rate in Kerala for December 2018 (rates per kg)

    Parameters Silver price (per kg)
    December 1 Rate Rs.38,500 per kg
    December 31 Rate Rs.41,500 per kg
    Highest Rate in December Rs.41,500 per kg on 31 December
    Lowest Rate in December Rs.38,500 per kg on 1 December
    Overall Monthly Performance Incline
    Percentage Change 7.79%

    December 2018 - Week 1 (1 - 9):

    Parameters Silver price (per kg)
    December 1 Rate Rs.38,500 per kg
    December 9 Rate Rs.40,300 per kg
    Overall Weekly Performance Incline
    • Silver prices in Kerala rose on increased local offtake, with both industrial demand and coin makers increasing order volumes.
    • The industrial metal opened the month at Rs.38,500 per kg, rising to Rs.39,600 per kg on 4 December on growing interest from investors looking to hedge losses due to volatile markets.
    • Prices continued to rise for the rest of the week as fears of an economic slowdown and a falling dollar prompted increased orders of safe-haven assets, as silver closed the week at Rs.40,300 per kg on 9 December.

    December 2018 - Week 2 (10 - 16):

    Parameters Silver price (per kg)
    December 10 Rate Rs.40,300 per kg
    December 16 Rate Rs.40,500 per kg
    Overall Weekly Performance Incline
    • Demand for silver rose as coin makers and industrial units increased demand as a falling rupee and positive overseas cues also bolstered demand.
    • Silver traded at Rs.40,300 when trading opened on 10 December before rising sharply to trade at Rs.40,700 per kg on 11 December.
    • Fluctuating markets and overseas cues affected silver rates in Kerala, as the metal’s price fell to Rs.40,500 when the week ended on 16 December.

    December 2018 - Week 3 (17 - 23):

    Parameters Silver price (per kg)
    December 17 Rate Rs.40,400 per kg
    December 23 Rate Rs.39,800 per kg
    Overall Weekly Performance Decline
    • When the third week of December began in Kerala, silver was priced at Rs.40,400 per kg.
    • Due to an improvement in demand, rates went up to Rs.40,500 per kg the next day before falling considerably to Rs.39,800 per kg.
    • On the 21st, rates went up to Rs.39,900 per kg but dropped again the next day to reach Rs.39,800 per kg.
    • When the week drew to a close, silver prices in Kerala were seen holding at Rs.39,800 per kg.

    December 2018 - Week 4 (24 - 31):

    Parameters Silver price (per kg)
    December 24 Rate Rs.40,000 per kg
    December 31 Rate Rs.41,500 per kg
    Overall Weekly Performance Incline
    • Trading opened for the week with silver rate in Kerala priced at Rs.40,000 per kg on the 24th with strong domestic demand from local jewellers and retailers amid the positive trends overseas.
    • Rates surged to Rs.41,400 per kg on the 28th with investors and market participants banking on safe-haven assets amid the tumbling US economy and continued US-Sino trade dispute.
    • The month came to an end with silver priced at Rs.41,500 per kg on the 31s with strong safe-haven for the metal amid the strong market trends overseas. Kerala recorded a 7.79% increase in silver prices during the course of the month.

    Trend of Silver Rate in Kerala for November 2018 (rates per kg)

    Parameters Gold price (24 karat)
    November 1 Rate Rs.40,900 per kg
    November 30 Rate Rs.38,800 per kg
    Highest Rate in November Rs.41,500 per gram on 4 November
    Lowest Rate in November Rs.38,800 per gram on 30 November
    Overall Monthly Performance Decline
    Percentage Change -5.13%

    November 2018 - Week 1 (1 - 4):

    Parameters Silver price (per kg)
    November 1 Rate Rs.40,900 per kg
    November 4 Rate Rs.41,500 per kg
    Overall Weekly Performance Incline
    • The first week of trading began silver in Kerala priced at Rs.40,900 per kg on the 1st following a decline in industrial demand for the metal amid the strong US greenback and well-performing equity markets.
    • With investors and markets participants refraining from making purchases ahead of the US payrolls data, the US dollar weakened.
    • Strong industrial demand coupled with positive market trends overseas led to silver rate in Kerala holding at Rs.41,500 per kg for the remainder of the week.

    November 2018 - Week 2 (5 - 11):

    Parameters Silver price (per kg)
    November 5 Rate Rs.41,400 per kg
    November 11 Rate Rs.40,500 per kg
    Overall Weekly Performance Decline
    • Trading opened for the week with silver priced at Rs.41,400 per kg on the 5th with steady demand from local industries and coin manufacturers amid positive global trends.
    • However, strong dollar performances coupled with good returns on equities led to silver losing its demand and the industrial metal was priced at Rs.40,500 per kg on the 9th.
    • Trading concluded for the week with the silver rate in Kerala holding at Rs.40,500 per kg on the 11th with steady local demand despite the weak trend overseas.

    November 2018 - Week 3 (12 - 18):

    Parameters Silver price (per kg)
    November 12 Rate Rs.40,000 per kg
    November 18 Rate Rs.40,100 per kg
    Overall Weekly Performance Incline
    • Silver rate in Kerala rose as increased offtake from coin makers and a surge in retail demand offset losses from a falling rupee.
    • The industrial metal traded at Rs.40,000 per kg on 12 November before falling marginally to Rs.39,700 per kg on 15 November.
    • In spite of the risingU.S. dollar capping gains, silver prices rose to Rs.40,000 per kg on 16 November due to increased overseas demand.
    • Silver price in Kerala rose to Rs.40,100 per kg when the week ended on 18 November, as silver prices rose by Rs.100 during the week.

    November 2018 - Week 4 (19 - 25)

    Parameters Silver price (per kg)
    November 19 Rate Rs.40,100 per kg
    November 25 Rate Rs.39,400 per kg
    Overall Weekly Performance Decline
    • Silver rates in Kerala echoed trends seen across the country, with prices falling on conflicting cues and poor local demand.
    • The metal opened at Rs.40,100 per kg on 19 November but volatile demand and sluggish overseas offtake saw prices dip.
    • Fluctuations in demand saw the metal’s price fall to Rs.39,800 per kg on 20 November and rise to Rs.40,000 per kg on 22 November.
    • Prices dipped towards the end of the week, as silver traded at Rs.39,400 per kg on 25 November to record a loss of Rs.700 due to poor offtake.

    November 2018 - Week 5 (26 - 30):

    Parameters Silver price (per kg)
    November 26 Rate Rs.39,300 per kg
    November 30 Rate Rs.38,800 per kg
    Overall Weekly Performance Decline
    • Falling local demand and steep import costs due to a falling rupee impacted silver rates in Kerala.
    • The metal opened trading at Rs.39,300 per kg on 26 November, but poor offtake from coin makers saw prices fall to Rs.39,000 per kg on 28 November.
    • Brexit fallout fears saw markets shed points and a rise in interest in silver, as the metal traded at Rs.39,100 per kg on 29 November.
    • Prices fell sharply as the dollar recovered, resulting in silver trading at Rs.38,800 per kg on 30 November.

    Trend of Silver Rate in Kerala for October 2018 (rates per kg)

    Parameters Gold price (24 karat)
    October 1 Rate Rs.41,100 per kg
    October 31 Rate Rs.41,200 per kg
    Highest Rate in October Rs.42,200 per gram on 15 October
    Lowest Rate in October Rs.39,500 per gram on 5 October
    Overall Monthly Performance Incline
    Percentage Change 0.24%
    Graph for Silver Rate (1 gram) in Kerala oct-1 2018
    Graph for Silver Rate (1 gram) in Kerala oct-1 2018

    October 2018 - Week 1 (1 - 7):

    Parameters Silver price (per kg)
    October 1 Rate Rs.41,100 per kg
    October 7 Rate Rs.41,900 per kg
    Overall Weekly Performance Incline
    • In line with trends seen across the country, silver rates in Kerala rose over the course of the week in spite of fluctuations in demand.
    • Silver opened the week at Rs.41,100 per kg, with the falling rupee resulting in higher industrial offtake.
    • Overseas demand was also high, with industry ramping up orders before a possible rate hike during the Fed Reserve meeting later in the week.
    • Prices reached a high of Rs.42,000 per kg on 3 October as local coin makers and jewellers increased orders ahead of the festive season.
    • A minor dip led to silver trading at Rs.41,600 per kg on 4 October before the metal’s value rose to Rs.41,900 per kg on 7 October.

    October 2018 - Week 2 (8 - 14):

    Parameters Silver price (per kg)
    October 8 Rate Rs.41,500 per kg
    October 14 Rate Rs.41,500 per kg
    Overall Weekly Performance Constant
    • Fluctuations for the demand for the metal cause the silver price in Kerala to drop to Rs.41,500 per kg at the start of week 2.
    • A minor dip in the value of the metal due to the rise in dollar and global stocks caused the metal to trade at Rs.41,200 per kg on 10 October.
    • Silver was recorded at Rs.41,500 per kg on 8 October. This was the same price that the metal traded at the start of week 2.

    October 2018 - Week 3 (15 - 21):

    Parameters Silver price (per kg)
    October 15 Rate Rs.41,900 per kg
    October 21 Rate Rs.41,500 per kg
    Overall Weekly Performance Decline
    • Silver prices in Kerala reflected trends seen across most Indian cities, with demand for the metal falling due to a drop in industrial orders and flagging retail sales.
    • The metal opened the week at Rs.41,900 per kg on 15 October but prices dropped  to Rs.41,400 per kg on 17 October on declining retail demand.
    • A drop in the dollar rate led to a spurt in demand for silver, as the metal traded at Rs.41,700 per kg on 18 October.
    • The rise in price was brief, as silver prices once again dropped to Rs.41,500 per kg on 20 October due to a drop in orders from industry and coin makers.
    • Prices remained the same as the week ended, with silver trading at Rs.41,500 per kg to record a loss of Rs.400 in value during the week.

    October 2018 - Week 4 (22 - 28):

    Parameters Silver price (per kg)
    October 22 Rate Rs.41,500 per kg
    October 28 Rate Rs.41,700 per kg
    Overall Weekly Performance Incline
    • In line with trends seen across other Indian cities, silver prices in Kerala rose on increased retail purchases ahead of the festive season.
    • Silver opened the week at Rs.41,500 per kg on 22 October as prices were unchanged from the previous week due to static demand.
    • The falling rupee and unsteady equity markets impacted silver demand, as industrial demand rose marginally and pushed silver prices to Rs.41,900 per kg on 24 October.
    • Fluctuating US dollar rates led to silver prices dropping to Rs.41,500 per kg on 26 October as overseas investors were cautious of bullion investments.
    • Prices rose as the week ended, with silver trading at Rs.41,700 per kg on 28 October on stable local demand.

    October 2018 - Week 5 (29-31):

    Parameters Silver price (per kg)
    October 29 Rate Rs.41,600 per kg
    October 31 Rate Rs.41,200 per kg
    Overall Weekly Performance Decline
    • The start of the week saw silver prices in Kerala trade at Rs.41,600 per kg on 29 October, with prices falling marginally on decreasing industrial demand.
    • The falling rupee and poor overseas trends saw silver rates continue to drop, in spite of festive sales shoring up the metal.
    • Silver fell to Rs.41,200 per kg on 30 October as the rising dollar put off many retail consumers, while falling industrial demand added pressure.
    • The end of the month saw silver continue to trade at Rs.41,200 per kg due to stagnant local and overseas demand.

    Trend of Silver Rate in Kerala for September 2018 (rates per kg)

    Parameters Gold price (24 karat)
    September 1 Rate Rs.41,400 per kg
    September 30 Rate Rs.41,200 per kg
    Highest Rate in September Rs.41,400 per gram on 1 September
    Lowest Rate in September Rs.39,500 per gram on 5 September
    Overall Monthly Performance Decline
    Percentage Change -0.48%
    Graph for Silver Rate (1 gram) in Kerala August 2018
    Graph for Silver Rate (1 gram) in Kerala August 2018

    September 2018 - Week 1 (1 - 8):

    Parameters Silver price (per kg)
    September 1 Rate Rs.40,000 per kg
    September 8 Rate Rs.39,700 per kg
    Overall Weekly Performance Decline
    • The first week of September saw silver rates in Kerala decline due to conflicting cues and poor offtake.
    • Silver opened the week at Rs.40,000 per kg and prices remained steady for a few days due to static demand.
    • The fall in the dollar rate led to a brief rise in silver prices, which traded at Rs.40,100 per kg on 3 September.
    • Fears of a global trade war led to investors looking at bullion to safeguard against possible losses, though prices remained low.
    • The metal traded at Rs.39,800 per kg on 6 September as local coin makers boosted the struggling market.
    • With industrial offtake unable to maintain prices, silver fell to Rs.39,700 per kg on 8 September to record a loss in value over the course of the week.

    September 2018 - Week 2 (9 - 14):

    Parameters Silver price (per kg)
    September 9 Rate Rs.39,700 per kg
    September 14 Rate Rs.39,800 per kg
    Overall Weekly Performance Incline
    • Silver’s fortunes in Kerala were reversed this week, as the metal made some gains after a prolonged period of falling prices.
    • The week began with silver priced at Rs.39,700 per kg on 9 September, as demand for bullion was static due to a stable dollar.
    • The release of less-than-favourable U.S. consumer data led to markets and the dollar falling, as interest in silver rose.
    • The industrial metal traded at Rs.39,800 per kg on 10 September as local demand also rose, boosted by positive overseas cues.
    • Silver prices climbed to Rs.39,900 per kg on 11 September as investors looked to bullion as a safe investment due to stock market turbulence.
    • Prices dropped as demand fluctuations affected demand, with silver priced at Rs.39,800 per kg on 14 September.

    September 2018 - Week 3 (15 - 22):

    Parameters Silver price (per kg)
    September 15 Rate Rs.39,500 per kg
    September 22 Rate Rs.40,300 per kg
    Overall Weekly Performance Incline
    • Demand for silver in Kerala was in line with trends seen across other cities as well, with the white metal priced at Rs.39,500 per kg when trading opened on 15 September.
    • The ongoing trade tariff dispute between the U.S. and China affected stock markets and the dollar, as investors turned to bullion to hedge losses on the stock market.
    • Prices rose to Rs.40,000 per kg on 19 September as coin makers also increased demand due to the falling rupee.
    • Silver rose towards the end of the week and closed at Rs.40,300 per kg.

    September 2018 - Week 4 (23 - 30):

    Parameters Silver price (per kg)
    September 23 Rate Rs.40,300 per kg
    September 30 Rate Rs.41,200 per kg
    Overall Weekly Performance Incline
    • In keeping with trends seen across other cities, silver prices in Kerala were on the increase in the last week of September.
    • The industrial metal opened the week at Rs.40,300 per kg on 23 September before falling marginally to Rs.40,000 per kg on 24 September due to demand vagaries.
    • The metal quickly made a recovery to trade at Rs.40,800 per kg on 26 September after fears of the growing impact of the Sino-U.S. trade dispute rattled markets.
    • Local demand was also stable, as coin makers increased orders due to favourable market conditions.
    • Prices rose to Rs.41,200 per kg on 29 September and closed the month at the same price after both industrial demand and retail sales rose.

    Trend of Silver Rate in Kerala for August 2018 (rates per kg)

    Parameters Silver price (per kg)
    August 1 Rate Rs.41,400 per kg
    August 31 Rate Rs.40,300 per kg
    Highest Rate in August Rs.41,400 per kg on 1 August
    Lowest Rate in August Rs.39,400 per kg on 16 August
    Overall Monthly Performance Decline
    Percentage Change -2.65%
    Graph for Silver Rate (1 gram) in Kerala July 2018
    Graph for Silver Rate (1 gram) in Kerala July 2018

    August 2018 - Week 1 (1 - 5):

    Parameters Silver price (per kg)
    August 1 Rate Rs.41,400 per kg
    August 5 Rate Rs.41,300 per kg
    Overall Weekly Performance Decline
    • As August began, silver rates in Kerala were in line with prevalent trends owing to increased demand for the dollar.
    • In spite of stable demand from the local industrial sector, there was a drop in the silver rate as the rupee continued to fall against the dollar, which resulted in lower import orders.
    • Silver traded at Rs.41,400 per kg on 1 August, with no significant change in the price as demand from coin makers was on the decline.
    • Industrial demand was also on the wane locally, though international orders were on track following a brief fall in the dollar rate due to unfavourable jobs data from the U.S.
    • Following the release of the Fed Reserve’s report on the U.S. economy, equity markets were buoyed and local demand saw a steep fall in orders.
    • Prices remained low as the week drew to a close, with silver ending the week at Rs.41,300 per kg in Kerala.

    August 2018 - Week 2 (6 - 12):

    Parameters Silver price (per kg)
    August 6 Rate Rs.41,200 per kg
    August 12 Rate Rs.41,200 per kg
    Overall Weekly Performance Constant
    • Silver prices were on the decline as industrial offtake was on the decline, with the industria metal opening trade at Rs.41,200 per kg as declining orders affected prices.
    • The positive report on the U.S. economy also bolstered the dollar, as local industrial orders fell sharply due to the increased cost associated with a plunging rupee.
    • There was minimal change in price over the course of the week as demand from coin makers fell as well.
    • The week ended with silver priced at Rs.41,200 per kg on 12 August, which was recorded to be a constant trend for the week.

    August 2018 - Week 3 (13 - 19):

    Parameters Silver price (per kg)
    August 13 Rate Rs.41,200 per kg
    August 19 Rate Rs.40,000 per kg
    Overall Weekly Performance Decline
    • Silver prices were on the decline as industrial offtake was on the decline, with the industria metal opening trade for Week 3 at Rs.41,200 per kg as declining orders affected prices.
    • The positive report on the U.S. economy also bolstered the dollar, as local industrial orders fell sharply due to the increased cost associated with a plunging rupee.
    • There was minimal change in price over the course of the week as demand from coin makers fell as well.
    • The week ended with silver priced at Rs.40,000 per kg on 19 August, which was recorded to be a declining trend for the week.

    August 2018 - Week 4 (20 - 26):

    Parameters Silver price (per kg)
    August 20 Rate Rs.40,000 per kg
    August 26 Rate Rs.40,200 per kg
    Overall Weekly Performance Incline
    • The fourth week began with silver rate in Kerala recorded at Rs.40,000 per kg on the 20th with steady local demand amid positive global trends.
    • A drop in the dollar value led to silver price in Kerala surging to Rs.40,100 per kg on the 22nd.
    • However, with the US dollar recovering lost ground over the next couple of days, demand for the meta plunged and silver in Kerala was recorded holding at Rs.39,800 per kg on the 24th.
    • The week came to an end with silver trading relatively higher at Rs.40,200 per kg on the 26th following an increase in investor demand brought about by positive global trends.

    August 2018 Week 5 (27 - 31):

    Parameters Silver price (per kg)
    August 27 Rate Rs.40,200 per kg
    August 31 Rate Rs.40,300 per kg
    Overall Weekly Performance Incline
    • Silver rates in Kerala followed trends seen across other Indian cities, with the metal trading at Rs.40,200 per kg.
    • There was little fluctuation in the price of silver as stagnant demand and a declining dollar negated possible gains.
    • The slide in the dollar rate led to silver prices rising marginally to Rs.40,400 per kg on 28 August, though there was little change in order volumes.
    • The inclement weather and related natural calamities reduced industrial offtake, resulting in silver prices falling back to Rs.40,300 per kg on 29 August.
    • Prices remained unchanged for the rest of the week, as silver ended the month priced at Rs.40,300 per kg.

    Trend of Silver Rate in Kerala for July 2018 (rates per kg)

    Parameters Silver price (per kg)
    July 1 Rate Rs.42,800 per kg
    July 31 Rate Rs.41,400 per kg
    Highest Rate in July Rs.42,800 per kg on 1 and 2 July
    Lowest Rate in July Rs.41,200 per kg from 27 - 29 July
    Overall Monthly Performance Decline
    Percentage Change -3.50%
    Graph for Silver Rate (1 gram) in Kerala June 2018
    Graph for Silver Rate (1 gram) in Kerala June 2018

    July 2018 - Week 1 (1 - 7):

    Parameters Silver price (per kg)
    July 1 Rate Rs.42,800 per kg
    July 7 Rate Rs.42,700 per kg
    Overall Weekly Performance Decline
    • While gold demand picked up before a slight fall this week, silver rates recorded a slight decline owing to a weak demand.
    • On the 1st of July, gold was priced at Rs.42,800 per kg in Kerala. This dropped to Rs.42,700 per kg the next day as demand was weak.
    • The 3rd saw gold rates drop further to Rs.42,400 per kg after demand from local jewellers and industries dropped.
    • As safe haven demand rose on the 4th, ahead of a weak and shaky US markets, silver rates also surged - to trade at Rs.42,800 per kg.
    • Over the 5th and 6th, the white metal traded at Rs.42,800 per kg as demand was holding steady ahead of growing cues.
    • On the final day of the week, silver rate in Kerala dropped slightly to Rs.42,700 per kg.

    July 2018 - Week 2 (8 - 14):

    Parameters Silver price (per kg)
    July 8 Rate Rs.42,600 per kg
    July 14 Rate Rs.42,200 per kg
    Overall Weekly Performance Decline
    • When trading began for the second week, silver rates in Kerala were recorded holding at Rs.42,600 per kg on the 8th with steady local demand amid positive market trends overseas.
    • The next couple of days saw silver trading at Rs.42,900 per kg, thanks to an increase in industrial orders from the Asian continent amid the weakened US dollar index and poorly performing equity markets.
    • However, with market participants cutting down purchases amid the recovering US dollar, prices dropped over the next few days.
    • Silver was recorded trading at Rs.42,600 per kg on the 11th before dropping to Rs.42,200 per kg on the 12th.
    • Rates recovered to Rs.42,400 per kg on the 13th with industries and coin makers ramping up purchases in order to stock up their inventories.
    • Trading concluded for the week with the white metal priced at Rs.42,200 per kg on the 14th with subdued domestic demand coupled with poor market trends overseas.

    July 2018 - Week 3 (15 - 22):

    Parameters Silver price (per kg)
    July 8 Rate Rs.42,200 per kg
    July 14 Rate Rs.41,700 per kg
    Overall Weekly Performance Decline
    • When silver trading began for the week in Kerala, the metal was priced at Rs.42,200 per kg.
    • Demand was steady for the initial few days before dropping as days progressed owing to a strong dollar.
    • On the 16th, the metal traded at Rs.42,300 per kg before falling to Rs.42,200 per kg on the 17th and then to Rs.41,700 per kg on the 18th.
    • Demand improved from the 19th onwards, and the metal traded at Rs.41,700 per kg at the time of closing this week.

    July 2018 Week 4 (22 - 31):

    Parameters Silver price (per kg)
    July 22 Rate Rs.41,700 per kg
    July 31 Rate Rs.41,400 per kg
    Overall Weekly Performance Decline
    • Silver prices in Kerala followed trend seen in other cities as well, with the industrial metal priced at Rs.41,700 per kg on 22 July.
    • Prices fluctuations were minimal as industrial demand kept prices stable, but lowered demand resulted in prices falling steadily.
    • A slide in price led to silver trading at Rs.41,400 per kg on 24 July, as the impact of the falling rupee forced industries to reduce imports of the metal.
    • A late drop in the dollar rate resulted in silver prices rising to Rs.41,800 per kg on 26 July, but prices fell to Rs.41,400 per kg on 31 July.

    Silver as an investment in Kerala

    Silver is bought in the form of coins and bars. Customers can also invest in Milestone Bullion Series 1, which needs a minimum investment of Rs.5 lakhs. Given that silver ETFs are not available in India, many customers have alternative form of investment such as buying and selling securities which are traded in the US.

    Physical silver: Many consumers in Kerala physically own silver in the form of trendy jewellery. However, customers may lose some money if they wish to sell their jewellery owing to any impurities, exchange rates and making charges. Most consumers find investing in jewellery more convenient in addition its aesthetic appeal. Fashionable silverware is also widely sold at all leading stores across major cities in Kerala.

    Silver contracts: Customers trade in trade in top commodity exchanges such as NCDEX and MCX for silver futures. Many customers see commodity futures as an easier form of investment with transparent pricing and minimal transaction charges. However, the physical delivery of the white precious metal entails various issues vis-a-vis its purity and storage.

    Read more on Silver

    News about Silver Rate in Kerala

    • Silver Prices Slump on Reduced Industrial Offtake

      Silver rates in Kerala fell as industrial offtake slowed down on weak overseas cues. The industrial metal traded at Rs.41,405 per kg to record a fall in price of Rs.195 on poor demand from coin makers as well as a slump in demand from industrial units. Weekly-based silver delivery fell steeply on reduced interest from speculators, dropping by Rs.314 to trade at Rs.40,076 per kg. 

      In contrast, rates for silver coins rose significantly on steady demand. Silver coins traded at Rs.83,000 for buying and Rs.84,000 for the selling of 100 pieces to record a rise of Rs.1,000.  

      On the global front, spot silver prices fell by 0.16% to trade at $15.93 per ounce as global appetite for the industrial metal sagged ahead of the fresh round of talks between the United States and North Korean leaders.

      14 March 2019

    • Gold Prices Decline for the Fourth Consecutive Day

      Gold prices continued to decline for the fourth consecutive day as rates fell by Rs.50 to Rs.34,000 per 10 grams at the bullion market today. The decline in gold prices is attributed to slackened demand from retailers despite positive global cues. Similarly, silver rates declined by Rs.150 to Rs.40,650 per kg amid reduced offtake by industrial units and coin makers. In previous three days, gold has lost Rs.230. In Delhi, gold of 99.9% and 99.5% purities declined by Rs.50 each to Rs.34,000 and Rs.33,850 per 10 grams, respectively. The sovereign gold also fell by Rs.100 to Rs.26,000 per piece of eight grams. In the international market, gold prices climbed higher on Thursday as soft US inflation data raised hopes that the Federal Reserve will stop from hiking rate this year and investors were apprehensive of the trade talks between the US and China. Meanwhile, spot gold inclined by 0.2% at $1,308.39 per ounce in intraday trade, while the US gold futures declined by 0.3% at $1,311. Tracking gold, silver ready was down by Rs.150 to Rs.40,650 per kg and the weekly-based delivery declined by Rs.134 to Rs.39,490 per kg. Silver coins continued to trade at Rs.80,000 for buying and Rs.81,000 for selling 100 pieces. 

      13 March 2019

    • Gold, Silver Drop on Muted Local Demand, Weak Overseas Cues

      Gold rates dropped on the futures market as muted demand on the spot market dragged down prices. Gold traded at Rs.33,390 for 10 grams on the Multi Commodity Exchange (MCX), reflecting a drop in price of Rs.59.  

      This is in contrast to trends seen across global markets, where gold prices rose marginally, though gains were capped on indications of renewed rate hikes by the Federal Reserve.  

      Silver prices also recorded a marginal drop in value as industrial offtake was muted due to weak overseas cues and a stable dollar. Silver traded at Rs.40,070 per kg to reflect a loss of Rs.94 on the MCX. Ready silver remained stable and traded more or less on par.

      22 February 2019

    • Gold and silver prices drift ever lower

      Lower offtake from investors and a bear-ish trend in the overseas market saw the prices of gold slip ever lower, continuing their trend. 10 grams of 99.9% purity gold dropped a solid Rs.35, and settled at Rs.30,025. 10 grams of 99.5% purity gold also dropped by Rs.35 to settle at a trading value of Rs.29,875.

      Silver followed suit and prices also slumped lower and the reason for this was attributed to lower demand from industrial units. One kg of silver with a fineness rating of .999 now trades at Rs.41,535, down by Rs.25.

      21 June 2016

    Silver Rate - Sitemap

    Silver Rate In Metro Cities
    Silver Rate In Other Capitals
    Silver Rate In Other Major Cities
    Silver Rate In States

    Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. Display of such IP along with the related product information does not imply BankBazaar's partnership with the owner of the Intellectual Property or issuer/manufacturer of such products.

    reTH65gcmBgCJ7k
    This Page is BLOCKED as it is using Iframes.