silver rate today Is a time-tested and accessible precious metal which can be an effective hedge against inflation. Significantly, silver is used in most traditional and authentic silk sarees as well.
Consequently, the price of the silver has a bearing on the price of the silk sarees courtesy the intricate and more often than not, extensive zari work which it entails. The price of the precious metal, therefore, results in a rise in the price of silk sarees as well.
₹ 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.
Silver is one of the sought-after precious metals in Mangalore owing to several reasons including many locals viewing it as a form of traditional investment widely used in the form of gifts during weddings, festivals, temple jewelry, pujas and other auspicious occasions. Silver is bought by people from all age groups for a variety of uses. For most consumers in Mangalore.
Also, Check - Silver Rate Trend in India
Parameter | Silver price (per kg) |
1 July 2025 Rate | Rs.1,20,000 per kg |
31 July 2025 Rate | Rs.1,25,000 per kg |
Highest Rate in July 2025 | Rs.1,29,000 per kg on 23rd July |
Lowest Rate in July 2025 | Rs.1,20,000 per kg on 1st, 2nd,and 4th to 10th July |
Overall Performance | Incline |
Percentage Change | 4.16% |
Parameter | Silver price (per kg) |
1 June 2025 Rate | Rs.1,11,000 per kg |
30 June 2025 Rate | Rs.1,19,000 per kg |
Highest Rate in June 2025 | Rs.1,22,000 per kg on 18th and 19th June |
Lowest Rate in June 2025 | Rs.1,11,000 per kg on 1st and 2nd June |
Overall Performance | Incline |
Percentage Change | 7.20% |
Parameter | Silver price (per kg) |
1 May 2025 Rate | Rs.1,09,000 per kg |
30 May 2025 Rate | Rs.1,11,000 per kg |
Highest Rate in May 2025 | Rs.1,12,000 per kg on 22nd May |
Lowest Rate in May 2025 | Rs.1,08,000 per kg on 3rd to 5th May, 15th to 18th May, and 20th May |
Overall Performance | Incline |
Percentage Change | 1.83% |
Parameter | Silver price (per kg) |
1 April 2025 Rate | Rs.1,14,000 per kg |
30 April 2025 Rate | Rs.1,11,000 per kg |
Highest Rate in April 2025 | Rs.1,14,000 per kg on 1st and 2nd April |
Lowest Rate in April 2025 | Rs.1,02,000 per kg on 8th and 9th April |
Overall Performance | Decline |
Percentage Change | -2.63% |
Parameter | Silver price (per kg) |
1 March 2025 Rate | Rs.1,05,000 per kg |
31 March 2025 Rate | Rs.1,13,000 per kg |
Highest Rate in March | Rs.1,14,000 per kg on 19th, 20th, and 28th March |
Lowest Rate in March | Rs.1,05,000 per kg on 1st and 2nd March |
Overall Performance | Incline |
Percentage Change | 7.62% |
Parameter | Silver price (per kg) |
Rate of Silver on 1 February 2025 | Rs. 1,07,000 per kg |
Rate of Siver on 28 February 2025 | Rs. 1,05,000 per kg |
Highest Rate of Silver in the month of February | Rs. 1,09,000 per kg on 20 February 2025 and 21 February 2025 |
Lowest Rate of Silver in the month of February | Rs. 1,05,000 per kg from 28 February 2025 |
Overall Performance | Decline |
Percentage Change | 1.87% |
Parameter | Silver price (per kg) |
1 January 2025 Rate | Rs.98,000 per kg |
31 January 2025 Rate | Rs.107,000 per kg |
Highest Rate in January 2025 | Rs.107,000 per kg on 31 January 2025 |
Lowest Rate in January 2025 | Rs.98,000 per kg on 1 January 2025 |
Overall Performance | Incline |
Percentage Change | 9.18% |
Trend of Monthly Silver Rate in Mangalore for January 2025
Most consumers in Mangalore view silver as a safe form of investment due to its intrinsic value. Silver is respected across various segments of society for its store of value and therefore, a safe bet during times of economic instability and crises. Also, small investors find silver more affordable than gold. There are several prominent stores across Mangalore which offer a wide range of silverware, coins and jewellery.
Physical silver - Silver is extensively used in the form of jewellery such as silver caskets which are often worn by religious heads, amulets, hair ornaments known as jadaibillai, silver belts and silver toe ornaments among many others. Silver is, therefore, used in manifold ways in a wide variety of forms both for ornamentation purposes and paraphernalia associated with various traditional rituals in the city. Sterling jewellery is widely sold in the stores in the form of necklaces, bracelets, rings, studs and pendants among others.
Silver contracts - The white precious metal is traded in Multi Commodity Exchange (MCX), National Multi Commodity Exchange (NMCE) and National Commodity & Derivatives Exchange (NCDEX). The minimum contract which is traded (silver micro) is 1 kg while the initial margin is around Rs.2,200. Consumers should also incur other charges such as stamp duty, brokerage fee and so forth.
Yes, you can purchase silver coins in Mangalore from various sources including banks, jewellers, and online platforms. Banks usually offer silver coins with added costs for packaging and assay certificates. Jewellers provide a range of coins and may have lower premiums, but often include making charges for their products. Purchasing from online platforms might offer competitive pricing and a wider selection but be sure to buy from reputable sellers to ensure authenticity.
Silver prices are inversely related to the strength of the US dollar. When the USD weakens, silver prices generally rise because silver becomes cheaper for investors using other currencies, increasing demand. Conversely, a stronger USD makes silver more expensive in other currencies, which can reduce demand and lower prices. This relationship is crucial for understanding silver rate fluctuations.
Oil prices impact silver rates due to the cost of mining and transportation. Higher oil prices increase the cost of mining and transporting silver, which can lead to higher silver prices. Conversely, when oil prices drop, the cost of silver production decreases, potentially leading to lower silver rates. This link is significant as oil is a key component in the logistics of silver extraction and distribution.
Yes, Goods and Services Tax (GST) is applicable when purchasing silver in Mangalore. The GST rate for silver is typically around 3%, which is added to the purchase price. This tax affects both physical silver purchases, such as jewellery and coins, and silver trading transactions. Be sure to confirm the applicable GST rate with your seller to understand the total cost.
The best time to buy silver in Mangalore is when prices are low or stable. Silver rates can fluctuate due to various factors including market demand, economic conditions, and global events. Monitoring silver prices regularly and purchasing during periods of lower prices or during festive sales can help secure a better deal. Additionally, consider buying when the market shows signs of a potential uptrend if you are looking for investment purposes.
Yes, buying hallmarked silver ornaments in Mangalore is advisable. Hallmarking certifies the purity of silver, which is crucial for ensuring you receive the quality you are paying for. A hallmark indicates that the silver meets specific purity standards, usually 92.5% for sterling silver. This certification provides reassurance against counterfeit or substandard silver products.
Silver prices increase due to several factors including high demand, lower supply, increased industrial usage, and rising global economic uncertainties. Events such as inflation, geopolitical tensions, and fluctuations in currency values also play a significant role. Additionally, increased investment in silver as a hedge against market volatility can drive prices higher.
Industrial demand significantly impacts silver prices in Mangalore. As silver is widely used in electronics, solar panels, and various manufacturing processes, an increase in industrial activity boosts demand. When industrial demand rises, it can lead to higher silver prices due to the increased need for the metal in production and technology sectors.
Silver rates in Mangalore fluctuate due to changes in global market conditions, including demand and supply dynamics, currency exchange rates, and economic indicators. Factors such as fluctuations in oil prices, geopolitical events, and variations in industrial demand also contribute to these changes. Additionally, investor sentiment and market speculation can cause short-term price swings.
The silver rate in India is determined by the international silver market and influenced by local factors such as demand, supply, and import duties. These rates are updated frequently based on market fluctuations and economic conditions.
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