Silver Rate in Pondicherry

  • Today's Silver Rate In Pondicherry ( 26 Jan 2022 )

    ₹ 68.4
    Today's Silver Rate per gram

    Compare Silver Rate In Pondicherry (Today & Yesterday)

    Today
    Yesterday
    Rate Change
    Silver (1 gram) ₹ 68.4 ₹ 68.8 ₹ -0.4 ↓
    Bar Silver (1 Kg) ₹ 68,400 ₹ 68,800 ₹ -400 ↓

    Silver Price In Pondicherry for Last 10 Days

    Date Silver (1 gram) Bar Silver (1 Kg)
    25 Jan 2022 ₹ 68.4 ₹ 68,400
    24 Jan 2022 ₹ 68.8 ₹ 68,800
    23 Jan 2022 ₹ 69 ₹ 69,000
    22 Jan 2022 ₹ 69 ₹ 69,000
    21 Jan 2022 ₹ 69.3 ₹ 69,300
    20 Jan 2022 ₹ 68.8 ₹ 68,800
    19 Jan 2022 ₹ 67.3 ₹ 67,300
    18 Jan 2022 ₹ 65.8 ₹ 65,800
    17 Jan 2022 ₹ 65.5 ₹ 65,500
    16 Jan 2022 ₹ 65.5 ₹ 65,500

    Weekly & Monthly Graph of Silver Rate in Pondicherry

    • 7 Days
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    • 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 Pondicherry

    Pondicherry is a great market for silver, and its proximity to silver hubs such as Chennai and Bangalore have made it a go-to destination for people looking to buy precious metals including gold and silver. Silver rate in Pondicherry is therefore closely related to rates in the larger neighbors, however internal demand from the city also plays a role in local silver prices.

    Silver in Pondicherry is viewed as an investment avenue which gives good returns and has a ready market at almost any time of the year. Silver is mostly purchased in its physical form such as jewelries, ornaments, artefacts, gift items, silverware and other utensils. Silver is also available as a tradable commodity in the national markets NCDEX and MCX, which are easily accessible to residents of this coastal town.

    Silver as an Investment in Pondicherry

    Residents in Pondicherry have shown a good appetite for silver through the years. The city has a number of stores and dealers selling silver in various forms. The population considers silver to be a safe bet in the short and long runs, as the metal offers a good resale value, as well as a wide range of quality and quantity options to choose from. This is a very useful metal that happens to provide a safe investment avenue also.

    Physical silver: Physical silver includes products such as bars, bullions, coins, jewelries, silverware, artefacts, idols, household items and so on. These can be purchased from a range of stores and dealers spread across the city and offering customized products to customers. Among these, coins are also pretty popular with the local crowd due to the low prices they sell for and the easy liquidity they provide.

    Commodity trade: Silver is also traded as a commodity in exchanges such as Multi Commodity Exchange (MCX) and National Commodities and Derivatives Exchange (NCDEX). These exchanges sell silver is base quantities of 1 kg and are open for new contracts for up to 6 months in a year. The exchanges provide flexibility in buying silver at market prices from any corner of the country.

    Where to Buy Silver in Pondicherry from?

    Major sellers in the city include Sri Lakshmi Jewellery, Lakshmi Silvers, Ram Thanganagai Maligai, Lalitha Jewellery, Muthu Gold House etc. Some bullion dealers are also there in the city who provide bars and ingots of silver of varying quantities and purity. In general, silver of 999 purity is popular among the residents of Pondicherry.

    Also Check Silver Price in NearBy Cities of Pondicherry

    Read more on Silver

    News About Gold Rate in Pondicherry

    • Silver Prices on 19 November 2021

      On Friday, 19 November 2021 the silver prices were trading low on the Multi Commodity Exchange (MCX).

      19 November 2021

    • Gold Priced at Rs.47,300 per 10 gm, Silver at Rs.67,500 per kg on 21 July 2021

      The price of 10 gram of 22-carat gold was Rs.47,30 in Mumbai on Wednesday, 21 July 2021. In Delhi, it retailed for Rs.47,400 while in Chennai 10 gram of 22-carat gold was priced at Rs.45,660. Meanwhile, the price of silver fell by Rs.300 from the previous trade and was retailing for Rs.67,500.

      21 July 2021

    • Gold declines Rs.152, silver tumbles Rs.540

      Prices of gold dropped by Rs.152 to Rs.48,107 per 10 gram in New Delhi on Monday due to weak global trends being experienced in the Indian markets. In the previous trade, gold had ended at Rs.48,259 per 10 gram. The prices of silver also slipped Rs.540 to Rs.69,925 per kilogram from Rs.70,465 per kilogram in the previous trade.

      In the global market, gold prices dropped $1,883 per ounce and silver remained unchanged at $27.55 per ounce.

      08 June 2021

    • Silver rates fall by Rs.15 in the national capital on 31 May 2021

      On 31 May 2021, silver prices slipped by Rs.15 in the national capital and were at Rs.70,521 for a kg. In the previous session, the prices of the white metal were at Rs.70,536 for a kg. In the global markets, the prices of silver traded flat and were at $27.95 for an ounce. Unlike silver, gold prices in the national capital jumped by Rs.195 on 31 May 2021 and were at Rs.48,608 for 10 grams. In the last session, the prices of the yellow metal closed at Rs.48,413 for 10 grams. In the international markets, gold prices jumped and were at $1,905 for an ounce.

      01 June 2021

    • Price of Gold and Silver Increase Significantly

      Price of gold increased by Rs.50 mainly due to positive cues globally and also an increase in purchase by jewellers to meet the demand at the domestic spot market. Silver rose by Rs.250 to Rs.47,200 per kilogram due to an increase in offtake by coin makers and industrial units.

      Traders believed the rise to be due to trend abroad with investors focusing on key jobs report in the US. Globally, price of gold increased by 0.2%. An interest rate cut by Bank of England to counter Brexit’s repercussions resulted in more demand for these metals. In addition to this, fresh purchasing by jewellers to meet demand at the domestic spot market supported this rise.

      9 August 2016

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