Silver Rate in Lucknow Last Updated : 06 May 2021

  • Today's Silver Rate In Lucknow ( 06 May 2021 )

    ₹ 69.9
    Today's Silver Rate per gram

    Compare Silver Rate In Lucknow (Today & Yesterday)

    Today
    Yesterday
    Rate Change
    Silver (1 gram) ₹ 69.9 ₹ 69.7 ₹ 0.2 ↑
    Bar Silver (1 Kg) ₹ 69,900 ₹ 69,700 ₹ 200 ↑

    Silver Price In Lucknow For Last 10 Days

    Date Silver (1 gram) Bar Silver (1 Kg)
    06 May 2021 ₹ 69.9 ₹ 69,900
    05 May 2021 ₹ 69.7 ₹ 69,700
    04 May 2021 ₹ 70 ₹ 70,000
    03 May 2021 ₹ 67.5 ₹ 67,500
    02 May 2021 ₹ 67.5 ₹ 67,500
    01 May 2021 ₹ 67.5 ₹ 67,500
    30 Apr 2021 ₹ 72.8 ₹ 72,800
    29 Apr 2021 ₹ 73.9 ₹ 73,900
    28 Apr 2021 ₹ 73.5 ₹ 73,500
    27 Apr 2021 ₹ 74 ₹ 74,000

    Weekly & Monthly Graph of Silver Rate in Lucknow

    • 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 Price in Lucknow

    Buying silver in India is usually associated only with jewelry and ornamentation, and not with investments. But the views on buying silver in Lucknow are changing as more people have greater access to real time updates and changes in silver rates and investment patterns. News, trends and updates are readily available to anyone who wants to study the same and make money investing in silver.

    The “golden city” as it’s called is home to over 4 million people and is a highly developed urban city. This large population is slowly moving on to precious metals as a form of long/short term investment. With a gradually growing interest in investing in precious metals like silver and gold, the people here are one step closer to financial success.

    Today's Gold Rate in Lucknow

    Historical Trend of Silver Price in Lucknow

    Months Lowest Silver Price Per Kg Highest Silver Price Per Kg
    April 2021 63,600 74,000
    March 2021 62,800 70,100
    February 2021 67,300 78,100
    January 2021 63,900 72,500
    December 2020 59,000 72,300
    November 2020 59,100 66,100
    October 2020 60,210 63,500
    September 2020 58,500 76,500
    August 2020 65,010 76,520
    July 2020 48,510 66,060
    June 2020 47,110 50,160
    May 2020 41,010 51,400
    April 2020 40,360 42,710
    March 2020 37,800 50,700
    February 2020 47,400 52,900
    January 2020 49,200 52,600

    Trend of Silver Rate in Lucknow for March 2021 (rates per kg)

    Parameters Silver Price (per kg)
    March 1 Rate Rs.68,200 per kg
    March 31 Rate Rs.62,800 per kg
    Highest Rate in March Rs.70,100 per kg on 6 March and 7 March
    Lowest Rate in March Rs.62,800 per kg on 31 March
    Overall Monthly Performance Decline
    Percentage Change 7.91%

    Trend of Silver Rate in Lucknow for February 2021 (rates per kg)

    Parameters Silver Price (per kg)
    February 1 Rate Rs.78,100 per kg
    February 28 Rate Rs.67,500 per kg
    Highest Rate in February Rs.78,100 per kg on 1 February
    Lowest Rate in February Rs.67,300 per kg on 5 February
    Overall Monthly Performance Decline
    Percentage Change -13.57%

    Trend of Silver Rate in Lucknow for January 2021 (rates per kg)

    Parameters Silver Price (per kg)
    January 1 Rate Rs.72,000 per kg
    January 31 Rate Rs.69,800 per kg
    Highest Rate in January Rs.71,410 per kg on 7 January
    Lowest Rate in January Rs.63,900 per kg on 9, 10, and 11 January
    Overall Monthly Performance Decline
    Percentage Change -3.06%

    Trend of Silver Rate in Lucknow for December 2020 (rates per kg)

    Parameters Silver Price (per kg)
    December 1 Rate Rs.59,000 per kg
    December 31 Rate Rs.72,300 per kg
    Highest Rate in December Rs.72,300 per kg on 31 December
    Lowest Rate in December Rs.59,000 per kg on 1 December
    Overall Monthly Performance Incline
    Percentage Change 22.5%

    Trend of Silver Rate in Lucknow for November 2020 (rates per kg)

    Parameters Silver Price (per kg)
    November 1 Rate Rs.60,100 per kg
    November 30 Rate Rs.59,100 per kg
    Highest Rate in November Rs.66,100 per kg on 5 November
    Lowest Rate in November Rs.59,100 per kg on 30 November
    Overall Monthly Performance Decline
    Percentage Change -1.66%

    Trend of Silver Rate in Lucknow for October 2020 (rates per kg)

    Parameters Silver Price (per kg)
    October 1 Rate Rs.60,700 per kg
    October 31 Rate Rs.61,000 per kg
    Highest Rate in October Rs.63,500 per kg on 21 October
    Lowest Rate in October Rs.60,210 per kg on 8 October
    Overall Monthly Performance Incline
    Percentage Change 0.49%

    Trend of Silver Rate in Lucknow for September 2020 (rates per kg)

    Parameters Silver Price (per kg)
    September 1 Rate Rs.76,500 per kg
    September 30 Rate Rs.62,500 per kg
    Highest Rate in September Rs.76,500 per kg on 1 September
    Lowest Rate in September Rs.58,500 per kg on 24 September
    Overall Monthly Performance Decline
    Percentage Change -18.30%

    Trend of Silver Rate in Lucknow for August 2020 (rates per kg)

    Parameters Silver Price (per kg)
    August 1 Rate Rs.65,010 per kg
    August 31 Rate Rs.66,370 per kg
    Highest Rate in August Rs.76,520 per kg on 8 August
    Lowest Rate in August Rs.65,010 per kg on 1 and 13 August
    Overall Monthly Performance Incline
    Percentage Change 2.09%

    Trend of Silver Rate in Lucknow for July 2020 (rates per kg)

    Parameters Silver Price (per kg)
    July 1 Rate Rs.48,560 per kg
    July 31 Rate Rs.63,010 per kg
    Highest Rate in July Rs.66,060 per kg on 30 July
    Lowest Rate in July Rs.48,510 per kg on 5 July
    Overall Monthly Performance Incline
    Percentage Change 29.75%

    Trend of Silver Rate in Lucknow for June 2020 (rates per kg)

    Parameters Silver Price (per kg)
    June 1 Rate Rs.50,120 per kg
    June 30 Rate Rs.48,510 per kg
    Highest Rate in June Rs.50,160 per kg on 2 June
    Lowest Rate in June Rs.47,110 per kg on 16 June
    Overall Monthly Performance Decline
    Percentage Change -3.21%

    Trend of Silver Rate in Lucknow for May 2020 (rates per kg)

    Parameters Silver Price (per kg)
    May 1 Rate Rs.42,530 per kg
    May 31 Rate Rs.50,100 per kg
    Highest Rate in May Rs.51,400 per kg on 25 May
    Lowest Rate in May Rs.41,010 per kg on 2 May
    Overall Monthly Performance Incline
    Percentage Change 17.79%
    • Silver prices showed an overall monthly incline in May despite fluctuating trends, opening at Rs.42,530 per kg on 1 May. The price of the metal dipped on 2 May to below the Rs.42,000 per kg level, at Rs.41,010 per kg. With investors with higher risk appetite shifting to the stock market with positive trends shown in the Japanese equities market, the price of the metal dipped due to subdued demand. However, on 3 May, silver prices recovered marginally to Rs.41,210 per kg and further to Rs.41,220 per kg on 4 May. On 5 May, the price of the metal increased substantially 41,520 per kg with the value of the dollar dipping in the international market, supporting bullion prices. Silver prices increased on 6 May to Rs.41,310 per kg and closed the week, increasing and crossing the Rs.42,000 per mark, at Rs.42,010 per kg on 7 May.
    • In the second week of the month, silver prices opened on 8 May at Rs.42,060 per kg, increasing marginally. However, on 9 May, the price of the precious metal increased to Rs.43,510 per kg, increasing by more than Rs.1,000 per kg. The rise in prices was majorly due to the rise in COVID-19 cases all over the world which resulted in a low risk appetite amongst investors. Safe-haven demand for the metal rose, and the price of silver increased by Rs.100 to Rs.43,610 per kg on 10 May. Silver prices saw a gradual decline in the latter half of the week, dipping to Rs.43,090 per kg on 12 May, but not before increasing to Rs.43,620 per kg on 11 May. The metal’s value decreased further on 13 May to below the Rs.43,000 per kg mark, to Rs.42,950 per kg and closed the week at Rs.43,160 per kg on 15 May with a low dollar value, boosting bullion prices in the market.
    • Silver prices in the third week of the month showed heavily inclines based on investors shifting to the bullion market due to its safe-haven appeal. Opening the week at Rs.46,900 per kg on 16 May, the price of the metal increased by more than Rs.3,000 per kg with tensions rising between China and the United States of America concerning the security law being imposed on Hong Kong by China. The price of the metal showed continued inclines, but not before dipping to Rs.46,710 per kg on 17 May and increasing marginally to Rs.46,720 per kg on 18 May. The price of the metal increased by almost Rs.2,000 per kg on 19 May, at Rs.48,510 per kg with the value of the dollar dipping in the international market. However, on 20 May, the price of silver dipped and was Rs.47,670 per kg and increased yet again to cross the Rs.48,000 per kg mark at Rs.48,200 per kg on 21 May. With tensions rising between the two countries, the price of the metal showed continuous fluctuations and closed the week at Rs.48,350 per kg on 23 May after increasing to Rs.48,250 per kg on 22 May.
    • In the last week of May, silver prices recorded an overall weekly incline, opening at Rs.48,360 per kg on 24 May and increasing to hit its highest price of the week and the month at Rs.51,400 per on 25 May with tensions increasing between China and the United States of America and investors awaiting the decision from the White House. The price of the metal plummeted to Rs.48,000 per kg on 26 May, soon after hitting its highest of the month, due to investors with a higher risk appetite shifting to the equities market expecting a faster economic recovery. With more countries relaxing their lockdown restrictions, risk appetite amongst investors increased. However, on 27 May, the price of the white metal increased to Rs.48,700 per kg and decreasing yet again to Rs.47,910 per kg on 28 May. After remaining steady on 29 May, the price of the metal increased and closed the month at Rs.50,100 per kg on 31 May with riots occurring in most states in the United States of America and the increased political tensions between China and the U.S.

    Also Check Silver Price in NearBy Cities of Lucknow

    Trend of Silver Rate in Lucknow for April 2020 (rates per kg)

    Parameters Silver Price (per kg)
    April 1 Rate Rs.40,500 per kg
    April 30 Rate Rs.41,520 per kg
    Highest Rate in April Rs.42,710 per kg on 21 April
    Lowest Rate in April Rs.40,360 per kg on 6 April
    Overall Monthly Performance Incline
    Percentage Change 2.51%
    • In Lucknow, the price of the silver showed fluctuating prices throughout April, recording an overall incline in prices by the end of the month. Opening at Rs.40,500 per kg, the price of the metal remained steady for 4 days, until 5 April due to the lockdown imposed in the country to prevent the spread of COVID-19 which resulted in the shutting of operations in major bullion trading centres in the country. On 6 April, the price of the metal dipped to Rs.40,360 per kg and increased marginally on the last day of the week, closing at Rs.40,370 per kg on 7 April. The dip in prices was majorly due to the value of the U.S. dollar rising in the international market which increased risk appetite amongst investors, prompting to shift to the stock market from the bullion market.
    • Silver prices in the second week, opened at Rs.41,290 per kg on 8 April and increased drastically by almost Rs.1,000 per kg with safe-haven demand for the metal increasing amidst lower risk appetite amongst investors due to rising cases of COVID-19 all over the world. On 9 April, the price of the metal dipped to Rs.40,960 per kg due to the rising dollar value in the international market. The price if the precious metal increased marginally to Rs.41,000 per kg on 10 April and further to Rs.41,100 per kg on 11 April, remaining steady on 12 April as well. Silver prices increased in the latter half of the second week, at Rs.41,160 per kg on 13 April and increasing to Rs.41,310 per kg on 14 April. With this inclining trend, the price of the metal increased until the end of the week, at Rs.41,920 per kg on 15 April with the rising number of deaths and cases due to COVID-19 kept investors with a lower risk appetite and invested in the bullion market with various central banks all over the world releasing stimulus packages to support the economy.
    • After crossing the Rs.41,900 per kg mark on 15 April, the price of silver dipped to Rs.41,860 per kg on 16 April and further increased to hit the Rs.41,900 per kg mark on 17 April. However, the price of the metal dipped drastically to Rs.41,210 per kg on 18 April, decreasing further to Rs.41,160 per kg on 19 April. The price of the metal dipped to a great extent over circulating reports of a possible cure for COVID-19. On 20 April, the price of silver was at Rs.41,170 per kg. However, after the reports concerning the treatment for COVID-19 were classified as false, risk appetite amongst investors decreased and the focus for the bullion increased yet again. Silver prices hit its highest of the month and the week on 21 April at Rs.42,710 per kg. On the last day of the week, silver prices were at Rs.41,660 per kg, with a significant dip in prices with investors booking profits amidst the high prices of the metal.
    • In the last week of the month, silver prices showed mixed trends in the international market. With risk appetite amongst investors at a low, the price of the metal opened at Rs.41,420 per kg on 23 April and increased to Rs.42,430 per kg on 24 April. The rise in prices was majorly due to the rising safe-haven demand of the metal. The price of the white metal increased on 25 April to Rs.42,540 per kg and increased marginally on 26 April to hit the Rs.42,600 per kg mark. After increasing slightly to Rs.42,610 per kg on 27 April, the price of the metal began to dip owing to speculations of possible relaxations in the lockdown. With many countries hinting at these relaxations and to restart the economy, the metal on 28 April was priced at Rs.42,210 per kg dipping by Rs.400 per kg. On the last day of the month and week, silver closed at Rs.41,520 per kg on 30 April, recording a percentage incline of 2.51 for the month.

    Trend of Silver Rate in Lucknow for March 2020 (rates per kg)

    Parameters Silver Price (per kg
    March 1 Rate Rs.47,400 per kg
    March 31 Rate Rs.40,500 per kg
    Highest Rate in March Rs.50,700 per kg on 6 March
    Lowest Rate in March Rs.37,800 per kg on 19 March
    Overall Monthly Performance Decline
    Percentage Change -14.5%
    • In the capital city of Uttar Pradesh, silver prices for the month of March opened at Rs.47,400 per kg. Silver showed an overall decline in Lucknow for the month. In the first week of March, silver prices increased due to expectations of a rate cut by the US Federal Reserve. After increasing by Rs.1,100 on 2 March 2020, silver hit its highest price on 6 March 2020 and was at Rs.50,700 per kg. The white metal closed the week at Rs.50,500 for a kg.
    • In the second week of March, the prices of silver fluctuated to a great extent. The trend in the bullion market was mixed as investors sold their assets for cash. The troubled economy due to the coronavirus outbreak led to investors selling their assets. Silver opened the week at Rs.50,500 per kg but had reduced to Rs.48,600 per kg by 12 March 2020. Silver prices reduced further over the next two days and closed the week at Rs.44,000 for a kg.
    • Silver prices decreased substantially in the third week of March. With the coronavirus outbreak affecting the economy all over the world, silver rates reduced to Rs.43,200 per kg on 16 March and by 19 March hit its lowest rate for the month at Rs.37,800 per kg. The substantial decrease in prices was due to investors moving away from the bullion market. The prices of silver increased after 19 March and were at Rs.40,100 by 21 March 2020.
    • The US Federal Reserve introduced several measures to help the economy during the coronavirus pandemic. This ensured that the prices of silver did not fall for the rest of the month. From 24 March to 31 March, silver prices remained stagnant and were at Rs.40,500 for a kg. Overall, Lucknow saw silver prices decline by 14.5% in March.

    Trend of Silver Rate in Lucknow for February 2020 (rates per kg)

    Parameters Silver Price (per kg)
    February 1 Rate Rs.50,300 per kg
    February 29 Rate Rs.47,400 per kg
    Highest Rate in February Rs.52,900 per kg on 24 February
    Lowest Rate in February Rs.47,400 per kg on 29 February
    Overall Monthly Performance Decline
    Percentage Change -5.76%
    • The silver rate in the city of Lucknow was Rs.50,300 per gram on 1 February and showed an inclining trend through the three weeks of the month. However, during the last week, silver rates plummeted due to profit-booking by investors given the fluctuating prices of the white metal in the global market. By 10 February, the price of the white metal had dipped to Rs.49,900 per kg due to investors with a higher risk appetite shifting to the stock market.
    • However, with the Coronavirus outbreak in Italy and South Korea, the price of the metal increased in the global markets due to increased safe-haven demand. On 13 February, silver was priced at Rs.49,600 per kg and increased marginally by Rs.400 to Rs.50,000 per kg on 16 February. The increase in prices was majorly due to the rise in the number of cases and the death toll increasing all over the world due to the virus outbreak.
    • On 18 February, silver prices increased to Rs.50,400 per kg with investors shifting to the bullion market amidst the virus and its effect on the economy. With technology giant, Apple reported a revenue warning and its business being affected by the virus in China, the demand for the white metal increased in the global market. However, on 20 February, silver prices surged by Rs.2,000 and were priced at Rs.52,100 per kg in the city.
    • The last week of the month saw mixed trends for metal and its prices all over the world. After increasing to Rs.52,300 per kg on 21 February and then to Rs.52,400 per kg the very next day, silver offtake showed positive signs in the global market. However, immediately after hitting the monthly high at Rs.52,900 per kg on 24 February, the price of the metal started to plummet. However, this was due to investors booking profit amidst the high price of the metal. Due to this, the metal’s prices decreased rapidly, closing at a low of Rs.47,400 per kg on 29 February.

    Trend of Silver Rate in Lucknow for January 2020 (rates per kg) 

    Parameters Silver Price (per kg)
    January 1 Rate Rs.50,300 per kg
    January 31 Rate Rs.50,200 per kg
    Highest Rate in January Rs.52,600 per kg on 8 January
    Lowest Rate in January Rs.49,200 per kg on 30 January
    Overall Monthly Performance Decline
    Percentage Change -0.19%
    • In Lucknow, the prices of silver for the month of January were affected by various factors such as the Middle East tensions, the trade deal concerns between China and the US, and the coronavirus concerns in China.
    • The prices of silver in Lucknow opened at Rs.50,300 on 1 January 2020 and closed at Rs.50,200 on 31 January 2020. Overall, silver prices in Lucknow decreased by 0.19% in January.
    • The tensions between Iran and the US ensured that the prices of silver increased at the beginning of the month. However, the signing of the trade deal and the coronavirus concerns ensured that the prices of silver reduced by the end of the month.
    • Trend of Silver Rate in Lucknow

      Silver rate in Lucknow can go through both upward and downward trends based on several local and global economic and political factors. You can keep an eye on the silver price in Lucknow through daily online news bulletins focused on the silver prices in the city. These can also be found in print in newspapers.

      What are the factors affecting Silver Rate in Lucknow?

      There are many factors that affect the silver rate in Lucknow such as:

      • Government polices affect silver rates especially those on export and import
      • Direction of commodities and gold affects the silver price in Lucknow
      • Industrial demand, whether high or low, will affect the silver rates in Lucknow
      • Geopolitical factors, such as the Covid-10 pandemic, can influence the prices of silver in the city
      • US dollar rates can play an important role
      • Crude oil prices can impact silver prices in Lucknow because when the prices dip, the price of silver goes up since it becomes a safe haven investment. Conversely, silver rates can go down when crude oil prices go up.

      FAQs on Silver Rate in Lucknow

      1. Does the silver price in Lucknow change daily?
      2. Yes, the silver price in Lucknow can change daily depending on several factors. The rate of crude oil, political and socio-economic factors, the trend of the equities market along with the value of Indian rupee affects the price change in Silver on a daily basis.

      3. Where can I buy the best quality silver in Lucknow?
      4. You can purchase the best quality silver from the leading silver retailers and jewellers in Lucknow.

      5. What factors affect the silver rate in Lucknow?
      6. There are a number of factors which affect the silver rate in Lucknow which include the value of the dollar and the rupee in the market along with the trend of the bullion market overseas. The price of crude oil and the trend of the equities market also affects silver price.

      Read more on Silver

    Silver Rate - Sitemap

    News About Silver Rate in Lucknow

    • Gold prices record a dip for 4 straight days; silver prices decrease

      Gold prices in the domestic market declined for the fourth straight day on 27 April due to a mute trend see in the international market. On the Multi Commodity Exchange, gold futures for June delivery dipped by 0.09% to Rs.47,420 per 10 grams compared to its previous closing price of Rs.47,462 per 10 grams.

      Silver prices also declined by 0.08% to Rs.68.626 per kg compared to the closing price in the previous session at Rs.68,680 per kg.

      In the international market, spot gold showed a positive trend, trading higher by 0.10% at $1782 per ounce. Silver prices were also higher by 0.20% at $26.25 per ounce.

      28 April 2021

    • Gold prices decrease by more than Rs.100; silver prices fall by more than Rs.300

      Gold prices declined by Rs.130 to Rs.46,093 per 10 grams in Delhi after a weak trend was seen in the international market. In the previous session, gold prices had closed at Rs.46,223 per 10 grams. Silver prices also declined by more than Rs.300 to Rs.66,040 per kg compared to its previous closing price ofo Rs.66,345 per kg.

      In the international market, gold prices were at $1,726 per ounce and silver was priced at $24.89 per ounce.

      14 April 2021

    • Gold and silver prices fluctuate

      On 30 March 2021, gold prices in India increased with despite global cues being weak while silver prices auto-corrected in the domestic market. On the Multi Commodity Exchange (MCX), April futures of gold increased by 0.72%, which was Rs.314 more, for 10 gram and settled at Rs.43,859 which previously was Rs.43,545. The May futures of silver decreased by 0.50%, to become lower by Rs.323, and settled at Rs.63,851 compared to the previous Rs.64,174. Price of spot gold decreased by 0.45% to settle at $1,706.40 per ounce while spot silver decreased by 0.78% to settle at $24.583 per ounce.

      30 March 2021

    • Gold prices rise marginally; silver prices at Rs.67,400 per kg

      Gold prices recorded an incline by Rs.280 to Rs.44,710 per 10 grams and silver prices increased by Rs.400 to Rs.67,400 per kg in the domestic market. The rise in prices was due to profit-taking seen in the international market.

      In New Delhi, 22-karat gold was priced at Rs.44,300 per 10 grams after rising by Rs.350 and in Chennai, it was Rs.42,500 per 10 grams. 24-karat gold in Chennai was Rs.46,340 per 10 grams after increasing by Rs.360.

      Spot gold in the international market declined by 0.1% to $,1725 per ounce and U.S. gold futures had settled at $1,722.60 per ounce. Gold prices had eased in the international market after U.S. Treasury yields increased.  

      15 March 2021

    • Gold and silver prices see massive declines in the domestic market

      Gold prices saw a decline of Rs.679 to Rs.44,760 per 10 grams due to a mute trend seen in the international market and the appreciating value of the rupee against the dollar. In its previous session, gold prices had dipped by Rs.45,439 per 10 grams.

      Silver prices recorded a substantial decline of Rs.1,847 to Rs.67,073 per kg compared to its previous closing price at Rs.68,920 per kg. The value of the rupee was trading stronger by 14 paise against the U.S. dollar.

      In the international market, gold prices were trading at a low at $1,719 per ounce and silver prices were at $26.08 per ounce.

      04 March 2021

    • Gold and silver rates rise substantially

      The prices of futures of gold and silver increased on 1 March 2021, with gold increasing to over Rs.46,600 and silver increasing to over Rs.800. This increase was after a low that lasted for eight months. On the Multi Commodity Exchange, futures of gold were higher by 0.68% which was an increase of Rs.310 to settle at Rs.46,046 for 10 grams. Futures of silver decreased marginally by 1.13%, which is Rs.778 lower, ,to settle at Rs.69,562 per kg.

      01 March 2021

    • Gold prices incline by Rs.337; silver rates rise by more than Rs.1,000

      Gold prices increased by Rs.337 to Rs.46,372 per 10 grams in Delhi after a positive trend was seen in the international market. The price of the metal was Rs.46,035 per 10 grams in its previous session. Silver prices also recorded gains by Rs.1,149 to Rs.69,667 per kg compared to its previous close of Rs.68,518 per kg.

      In the international market, gold prices were trading steady at $1,808 per ounce and silver was priced at $28.08 per ounce. According to sources, 24-karat gold in Delhi increased due to the international price of the metal.

      24 February 2021

    • Gold prices fall; silver shows a surge in prices in the market

      Gold prices dipped from Rs.48,800 per 10 grams to Rs.47,960 per 10 grams whereas silver prices increased to cross the Rs.69,000 per kg mark at Rs.69,800 per kg.

      In New Delhi, the price of 22-karat gold held steady at Rs.47,800 per 10 grams and in Chennai, was Rs.46,560 per 10 grams. In Mumbai, the price of the metal was Rs.47,960 per 10 grams. 24-karat gold in Chennai was priced at Rs.50,780 per 10 grams.

      In the international market, silver prices increased by 4% and gold showed a steady trend.

      01 February 2021

    • Value of gold futures rise; silver prices incline by more than Rs.600

      The price of the yellow metal reported an incline for the third consecutive day by Rs.347 to Rs.48,758 per 10 grams. Gold rates increased due to a positive trend seen in the international market. The metal had previously closed at Rs.48,411 per 10 grams.

      Silver prices also increased by Rs.606 from Rs.65,208 per kg in its previous session to Rs.65,814 per kg. In the international market, gold and silver prices showed a positive trend. Gold futures were trading at $1,854 per ounce and silver was priced at $25.28 per ounce.

      20 January 2021

    • Gold grows Rs.53,510, silver price surges too

      The gold price has seen continuous rise in the last few days. The rates have moved by Rs10 per 10 grams usually, however, the price rose Rs.190 jump on January 2. The price of 22-carat gold is now Rs.49,060 per 10 grams, while 24-carat of the same quantity can be bought at Rs.53,510.

      The price of silver also surged in India, growing by Rs.2,180 per kg. The cost of white metal grew today to Rs.70,300 from Rs.68,120 yesterday.

      04 January 2021

    • Gold records a decline in prices; silver prices drop

      The price of gold dipped by Rs.243 to Rs.49,653 per 10 grams in New Delhi on 22 November 2020. Gold rates dipped due to a weak trend in the international price of the metal. In the previous session, gold had closed at Rs.49,896 per 10 grams.

      Silver prices also showed a declining trend, decreasing by Rs.216 to Rs.67,177 per kg compared to its previous closing at Rs.67,393 per kg.

      In the international market, gold rates were trading lower at $1,858 per ounce and silver was trading at $25.70 per ounce due to stronger dollar index, according to sources.

      24 December 2020

    • Gold prices dip by Rs.118; silver rates plummet

      Due to an increase in prices in the international markets, silver futures prices increased in India as well on 27 October 2020. Silver futures prices increased by 1% and were at Rs.62,496 for a kg. In the previous session, the prices of the white metal fell by 0.75%. In the international markets, silver prices increased by 0.5% and were at $24.43 for an ounce. Gold futures prices for the month of December on MCX increased by 0.28% and were at Rs.51,073 for 10 grams. In the previous session, gold prices rose by 0.17%.

      12 December 2020

    • Silver futures prices increase in the domestic market on 27 October 2020

      Due to an increase in prices in the international markets, silver futures prices increased in India as well on 27 October 2020. Silver futures prices increased by 1% and were at Rs.62,496 for a kg. In the previous session, the prices of the white metal fell by 0.75%. In the international markets, silver prices increased by 0.5% and were at $24.43 for an ounce. Gold futures prices for the month of December on MCX increased by 0.28% and were at Rs.51,073 for 10 grams. In the previous session, gold prices rose by 0.17%.

      27 October 2020

    • Silver prices dip by more than Rs.1,000; gold prices decline

      Gold prices in New Delhi saw a dip of Rs.268 to Rs.50,860 per 10 grams on 20 October after a decline in the metal’s prices in the international market. In the previous session, the metal had closed at Rs.51,128 per 10 grams.

      Silver prices as well recorded a substantial decline by Rs.1,126 to Rs.62,189 per kg compared to its previous closing price of Rs.63,315 per kg.

      In the international market, gold prices had fallen to $1,901 per ounce and silver prices showed a flat trend at $24.37 per ounce. According to sources, gold prices had decreased as the investors awaited the decision on the stimulus package in the United States of America.

      21 October 2020

    • Silver rates continue to fall in the domestic market

      On Wednesday, silver futures continued to fall as a stronger dollar offset support from a pullback in global equities. On the Multi Commodity Exchange (MCX), silver futures for December 4 delivery closed at Rs.67,410 after declining to Rs.67,351 during the session. It settled at a loss of 1.58 percent for the day. In the international market, silver rates slumped by 1.37 percent and closed at $26.62 per ounce.

      Gold futures due for delivery on October 5 closed at Rs.50,928 after declining by 0.83 percent. In the global market, the yellow metal was trading at $1,927.70 per ounce after falling by 0.80 percent.

      10 September 2020

    • Silver futures record a drop of over 1 percent

      Domestic silver prices closed Tuesday on a lower note as global spot rates eased amid improving risk sentiment among investors. On the Multi Commodity Exchange (MCX), silver futures shut shop at Rs.64,720 per kg after recording a fall of 1.29 per cent. The futures of the white metal due for delivery on September 4 moved between Rs.64,505 and Rs.66, 159 per kg. In the international market, silver futures were down by 0.27 percent and was trading at $26.68 per ounce.

      MCX gold futures closed at Rs.51,115 after slipping by Rs.154 or 0.30 percent. Gold futures due for delivery on October 5 was trading in a range of Rs.51,000 and Rs.51,533. Globally, spot gold was seen trading at $1,929.70 per ounce after falling by 0.49 percent.

      The dollar index was down 0.09 per cent, having declined as much as 0.30 per cent earlier in the day. The rupee ended flat at 74.32 against the US dollar.

      25 August 2020

    • Spot gold prices and silver rates increase by 1%

      The spot gold prices have increased to Rs.52,000 even though it had been lower than the gold price observed this week-Rs.52,447.14. The Indian spot gold rates were Rs.52,000 and this had grown by 0.02%. The rate had been lower than the global gold spot growth rate of 1.01%. The global spot price had been $1950.0.

      The global spot price has been growing as per the current close at $1950.0 per Troy ounce. The total growth is 1.01%. The price is 0.57% lower than the average gold price which had been observed over the past 30 days -$1961.0.

      23 August 2020

    • A kilo of silver cost Rs.75,120 on Monday

      The silver price Lucknow climbed by Rs.960 on Monday. On the Multi Commodity Exchange (MCX), silver September futures were trading at Rs.75,120 per kg. In the global market, the price of the white metal fell by 1.2 percent to cost $27.96 per ounce. In this quarter, silver rates have gained by 60 percent.

      In the Indian commodity market, gold traded near record high on Monday after tracking weakness in overseas gold. On the MCX, gold futures were trading at Rs.54,999 per 10 gram after increasing by Rs.210. August futures of the yellow metal touched an intraday high of Rs.55,080. The price of 10 grams of the 24-karat gold stood at Rs.58,710 in Chennai and Rs.55,270 in Mumbai. In the global market, gold price steadied on Monday. Spot gold rates were down by 0.3 percent to cost Rs.2,028.90 per ounce while US gold futures increased by 0.6 percent to cost $2,039.20.

      10 August 2020

    • Gold prices hit record highs in more than 8 years; silver prices cross Rs.64,000 per kg mark

      Spot gold prices have inclined to cross the weekly average of Rs.50,332.86 per 10 grams by 1.17% after the value of the metal increased to Rs.50,910 per 10 grams.

      Gold prices in the global and Indian market increased, however the metal’s value in the Indian market showed a lesser growth rate of 0.02% compared to an international growth rate of 1.57%.

      On the Multi Commodity Exchange, gold futures increased by 1.37% to Rs.51,820 per 10 grams and had increased by 0.71%. Similarly, silver futures increased by more than Rs.3,000 at was priced at Rs.64,395 per kg. The value of spot gold had increased by Rs.709.93 compared to the previous closing price of the metal.

      The major reason for the incline in prices was the drop in the U.S. dollar value against other currencies where a rupee was priced at Rs.74.7 per dollar compared to Rs.74.8 in the previous session.

      28 July 2020

    • Gold and silver rise during latest trading session

      The August gold futures in India had risen and tracked positive trends in the international spot rates that had been on a high. The spot gold had been up at $1,818.53 per ounce, and this was a day after having risen to $1,820.06.

      On the Multi-Commodity Exchange (MCX), the August gold contracts had traded higher by 0.15% at Rs.49,100 per 10 gram. Gold and silver had then extended gains and the yellow metal had settled at $1,817.40 per troy ounce.

      21 July 2020

    • Silver outperforming gold in the market due to COVID-19

      In the past 14 days, silver prices have outperformed gold prices in the market. In India, the price of silver was trading at Rs.52,500 per kg which is the highest in 7 years. However, on the other hand, gold prices are trading at a 10-month high. The crisis of COVID-19 and its effect on the economy has impacted the price of the white metal and its mining to a dip in its supply.

      The value of the metal has been up by 18% in the previous 3 months and increased by 36% in the past year. The price has rebounded from the lows during March by 55% when its price was the lowest in the market in 11 years.

      Due to investors shifting away from riskier assets and towards the bullion, the metal’s price has increased to a great extent. The turnover of silver futures on a daily basis on the Multi Commodity Exchange is currently at its highest.

      With increasing applications in the industries of renewable energy, cables, solar chips, etc. The value of silver will run on high demand at an estimate of 888 million ounces between 2020 and 2030.

      15 July 2020

    • Gold falls below Rs.488 and silver reduces by Rs.1,168

      The rates of gold in Delhi had reduced by Rs.488 to Rs.49,135 per 10 gram. This was amidst the appreciation of the Indian Rupee. During the previous trade session, it had reached Rs.49,623. Silver had also gone below from Rs.51,494 per kg to by Rs.1,168 to Rs.50,326 per kg.

      The Indian Rupee had appreciated by 56 paise and had reached 75.04. In the international market, gold had been sold at $1,769.4 per ounce and silver was being sold at $17.90 per ounce.

      2 July 2020

    • Gold prices see a marginal rise while silver prices dip

      On 26 June, the price of gold showed a marginal incline from Rs.48,060 per 10 grams to Rs.48,070 per 10 grams. On the other hand, silver prices dipped from Rs.48,450 per kg to Rs.47,600 per kg, with a decline of Rs.850 per kg.

      In the capital city of New Delhi, the value of 22-karat gold was holding steady at Rs.46,810 per 10 grams and Rs.46,170 per 10 grams in Chennai. The value of 24-karat gold in Chennai was at Rs.50,380 per 10 grams.

      On the Multi Commodity Exchange, gold futures for August delivery dipped by 0.40% to Rs.47,941 per 10 grams and silver futures for July increased by 0.69% to be priced at Rs.48,116 per kg. Gold prices dipped by Rs.293 to Rs.49,072 per 10 grams in New Delhi due to the appreciation of the rupee.

      In the international market, gold was trading at $1,767 per ounce and silver was holding at $17.58 per ounce with the rising trend of COVID-19 cases all over the world which is affecting an already slow economy.

      26 June 2020

    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.