Know the latest Silver Price in Korba. Both the lowest and highest prices per kilogram are updated here on a regular basis.
₹ 1▼
Gram | Today | Yesterday | Price Change |
1 gram | ₹ 136 | ₹ 137 | ₹ 1▼ |
1 kg | ₹ 1,36,000 | ₹ 1,37,000 | ₹ 1,000▼ |
Date | Price |
05 Sep 2025 | ₹ 136 |
04 Sep 2025 | ₹ 137(0) |
03 Sep 2025 | ₹ 137(0) |
02 Sep 2025 | ₹ 137 |
01 Sep 2025 | ₹ 136 |
31 Aug 2025 | ₹ 134(0) |
30 Aug 2025 | ₹ 134 |
29 Aug 2025 | ₹ 131 |
28 Aug 2025 | ₹ 130(0) |
27 Aug 2025 | ₹ 130(0) |
*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.
The 'Power Capital of Chhattisgarh', Korba, is situated in the Bilaspur district. The city is inhabited by a tribal population that includes a protected tribe of Pahadi Korwa. Korba is also known for its lush forest cover as it is situated on the banks of the Ahiran and Hasdeo rivers. Traditional folk ornaments are in demand in Korba, and some of the jewelry types include bidhu, tora, phully, kardhan, maldar, and painjna, which are made from silver.
The white metal is also considered one of the good investment options in Korba as it provides flexibility in choosing weight and it is extremely budget-friendly. Read on to more about the current price of silver in Korba.
Also, check - Silver trend in india
The cost of silver in Korba is influenced by international silver rates due to several interconnected factors such as dynamics of the global market, currency exchange rate, cost of importing the metal, etc. Silver rates in Korba are depended on the cost of silver in Indian market. Any major fluctuations in global silver prices will affect the silver rates in Korba.
Yes, it is often possible to negotiate the cost of silver jewelry at local shops in Korba. Negotiation is a common practice in many markets, including jewelry, and shop owners may be willing to adjust prices based on various factors such as purchase quantity, present condition of the market, rapport with shopkeeper, etc.
You can access real-time updates on the price of silver in Korba from financial news websites, local jewelers, commodity trading platforms, and financial apps that offer market data.
The factors affecting the price of silver in Korba, similar to other markets, include currency exchange rates, global supply and demand, local demand for silver jewelry and industrial purposes, geopolitical influences, and government policies and interest rates.
Yes, you can safeguard yourself from fluctuations in silver prices. To protect yourself from price volatility in Korba's silver market and manage the risks associated with price fluctuations, consider diversifying your investments, keeping informed about market trends, and seeking advice from financial professionals.
Indeed, there may be identifiable trends or cycles in the price of silver in Korba, especially during times when demand fluctuates. Prices often rise, notably during festive and social gatherings. Recognizing these seasonal trends can assist in predicting fluctuations in the price of silver in Korba, such as heightened demand during festive or wedding seasons.
Certainly, various local factors can influence silver prices in Korba, including cultural events, economic activities, and specific demands from local industries.
Considering the prevailing rates in Korba, is it preferable to invest in silver jewelry or bullion?
Yes, the government imposes regulations, taxes, and tariffs on silver that impact its prices in Korba. It's crucial for customers to remain updated on such developments that could influence silver prices before making any purchases.
You can forecast future trends in the rate of silver in Korba by analysing various factors such as global economic indicators, geopolitical events, and demand-supply dynamics, consulting with financial analysts, or using predictive tools to get insight into future trends.
The frequency of change in the rate of silver in Korba depends on various factors, including the volatile nature of commodity markets. Therefore, it becomes difficult to predict the frequency of fluctuations in silver rates in Korba.
Changes in the global economy impact the rate of silver in Korba. Changes in the currency exchange rate or dollar value change the value of silver on the global market, and as the metal is purchased in dollars, the silver price in India also gets affected, thereby impacting the overall silver rates in different states and cities.
Yes, there are times of the year when the rate of silver does get higher comparatively than other times of the year in Korba, which may be the seasonal trends affecting silver rates in Korba, such as during festival seasons or periods of heightened industrial activity.
Yes, you can make some predictions about future korba silver rates based on historical information. However, some people wonder if historical silver price data is reliable enough to be used to predict future trends in Korba's silver market.
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