Silver Rate In Malappuram Last Updated : 31 Jan 2023

Silver is one of the sought-after precious metals in India. Apart from the obvious demand and supply dynamics of the metal, silver rate today in India are affected by various factors such as prevailing rates of other commodities on world markets and macroeconomic factors including growth of global economy in addition to developments in the Indian economy, import duties, current account deficit, inflation, debt and rupee-dollar fluctuations among others. It is important to note that the price of gold and silver, more often than not, move in tandem with international markets.

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  • Today's Silver Rate In Malappuram (31 Jan 2023)

    ₹ 74.5
    Today's Silver Rate per gram

    Compare Silver Rate In Malappuram (Today & Yesterday)

    Today
    Yesterday
    Rate Change
    Silver (1 gram) ₹ 74.5 ₹ 74.7 ₹ -0.2 ↓
    Bar Silver (1 Kg) ₹ 74,500 ₹ 74,700 ₹ -200 ↓

    Silver Price In Malappuram for Last 10 Days

    Date Silver (1 gram) Bar Silver (1 Kg)
    31 Jan 2023 ₹ 74.5 ₹ 74,500
    30 Jan 2023 ₹ 74.7 ₹ 74,700
    29 Jan 2023 ₹ 74.2 ₹ 74,200
    28 Jan 2023 ₹ 74.2 ₹ 74,200
    27 Jan 2023 ₹ 74.6 ₹ 74,600
    26 Jan 2023 ₹ 75 ₹ 75,000
    25 Jan 2023 ₹ 74 ₹ 74,000
    24 Jan 2023 ₹ 74 ₹ 74,000
    23 Jan 2023 ₹ 74.7 ₹ 74,700
    22 Jan 2023 ₹ 74.3 ₹ 74,300

    Weekly & Monthly Graph of Silver Rate in Malappuram

    • 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 Malappuram

    The white precious metal is popular in Malappuram. Silver has extensive use in various industries such as electronics. silver price is used for making traditional ornaments in addition to items used for ritualistic purposes on auspicious occasions. Silver jewellery in various forms is an integral part of the heritage and culture of Malappuram.

    Check - Silver Rate in Kerala

    Trend of Silver Rate in Malappuram for December 2022 (rates per kg)

    Parameters Silver price (per kg)
    Parameters Silver Price (per kg)
    December 1 Rate Rs.69800 per kg
    December 31 Rate Rs.74300 per kg
    Highest Rate in December Rs.74700 per kg on 21 December and 22 December
    Lowest Rate in December Rs.69800 per kg on 1 December
    Overall Monthly Performance Incline
    Percentage Change 6.05%

    Trend of Silver Rate in Malappuram for November 2022 (rates per kg)

    Parameters Silver price (per kg)
    Parameters Silver Price (per kg)
    November 1 Rate Rs.63,700 per kg
    November 30 Rate Rs.68,000 per kg
    Highest Rate in November Rs.68,500 per kg on 15 November
    Lowest Rate in November Rs.63,700 per kg on 1 November
    Overall Monthly Performance Incline
    Percentage Change 6.75%

    Trend of Silver Rate in Malappuram for October 2022 (rates per kg)

    Parameters Silver price (per kg)
    Parameters Silver Price (per kg)
    October 1 Rate Rs.62,000 per kg
    October 31 Rate Rs.63,000 per kg
    Highest Rate in October Rs.67,000 per kg on 5 October
    Lowest Rate in October Rs.60,500 per kg on 15 October and 16 October
    Overall Monthly Performance Incline
    Percentage Change 1.61%

    Trend of Silver Rate in Malappuram for September 2022 (rates per kg)

    Parameters Silver price (per kg)
    Parameters Silver Price (per kg)
    September 1 Rate Rs.58,000 per kg
    September 30 Rate Rs.61,500 per kg
    Highest Rate in September Rs.63,200 per kg on 23 September 2022
    Lowest Rate in September Rs.58,000 per kg on 1 September and 8 September 2022
    Overall Monthly Performance Decline
    Percentage Change 6.03%

    Trend of Silver Rate in Malappuram for August 2022 (rates per kg)

    Parameters Silver price (per kg)
    Parameters Silver Price (per kg)
    August 1 Rate Rs.63,300 per kg
    August 31 Rate Rs.60,000 per kg
    Highest Rate in August Rs.64,800 per kg on 13 August, 14 August, and 15 August
    Lowest Rate in August Rs.60,000 per kg on 29 August and 31 August
    Overall Monthly Performance Decline
    Percentage Change -5.21%

    Also Check Silver Price in NearBy Cities of Malappuram

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    Silver Rate In Kannur Silver Rate In Salem Silver Rate In Trichy

    Silver As An Investment In Malappuram

    Silver is used in various forms in Malappuram. Silver bars and coins (of different denominations) are the common forms of investment in Malappuram. Silver is a valuable asset owing to its store of value. There are various jewellery stores across Malappuram which offer a wide range of jewellery designs.

    Physical silver: Silver is available in form of jewelry and coins in Malappuram. You should, however, ensure that you buy silver from well-known jewellers who offer hallmark certifications. Silver is bought in the form of coins and 1 kg bars. Traditional silver items such as toe-rings, anklets and artefacts among others are widely sold.

    Silver contracts: Silver is traded in the futures and spot markets. The white precious metal is traded in all the top commodity exchanges in the country including NCDEX (National Commodity & Derivatives Exchange) and MCX (Multi Commodity Exchange). The MCX offers three options, namely, Silver 1000, Silver Micro and Silver Mini. Silver contracts are delivered for up to 30 kg.

    Also Know: Gold Rate In Malappuram

    Read More on Silver

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