Today Silver Rate In Srikakulam Last Updated : 23 Sep 2023

Silver is also purchased during auspicious events such as wedding, birth of a child, festivals, etc. These events can also determine the price of silver. During festive seasons, the demand for silver may grow which may increase its prices.

  • Today's Silver Rate in Srikakulam (23 Sep 2023)

    ₹ 79.3
    Today's Silver Rate per gram

    Compare Silver Rate in Srikakulam (Today & Yesterday)

    Rate Change
    Silver (1 gram) ₹ 79.3 ₹ 79 ₹ 0.3 ↑
    Bar Silver (1 Kg) ₹ 79,300 ₹ 79,000 ₹ 300 ↑

    Silver Price In Srikakulam For Last 10 Days

    Date Silver (1 gram) Bar Silver (1 Kg)
    23 Sep 2023 ₹ 79.3 ₹ 79,300
    22 Sep 2023 ₹ 79 ₹ 79,000
    21 Sep 2023 ₹ 78 ₹ 78,000
    20 Sep 2023 ₹ 78 ₹ 78,000
    19 Sep 2023 ₹ 78.3 ₹ 78,300
    18 Sep 2023 ₹ 78 ₹ 78,000
    17 Sep 2023 ₹ 78.2 ₹ 78,200
    16 Sep 2023 ₹ 78.2 ₹ 78,200
    15 Sep 2023 ₹ 77.5 ₹ 77,500
    14 Sep 2023 ₹ 77 ₹ 77,000

    Weekly & Monthly Graph of Silver Rate in Srikakulam

    • 7 Days
    • 30 Days
    • 3 Months
    • 6 Months

    Factors that affect the price of silver in Srikakulam

    There are various factors that affect the price of silver in India. The major factor affecting its prices is the change in price of rupee and oil in India. Since, silver is considered to be a safe haven for investors, any decrease in cost of oil and rupee in India will increase the price of silver.

    Apart from that other major market movements, political issues, or other global factors can also decide the price of silver. The price of silver can also fluctuate depending on industrial demands. Since, various industries use silver, its price can also rise and drop based on that.

    Also check Silver rate trend in india

    Trend of Silver Rate in Srikakulam for July 2023 (rates per kg)

    Parameters Silver price (per kg)
    1 July Rate Rs.75,700 per kg
    31 July Rate Rs.80,000 per kg
    Highest Rate in July Rs.82,400 per kg on 20 July 2023
    Lowest Rate in July Rs.75,500 per kg on 3 July 2023
    Overall Monthly Performance Incline
    Percentage Change 5.68%

    Trend of Silver Rate in Srikakulam for June 2023 (rates per kg)

    Parameters Silver price (per kg)
    1 June Rate Rs.77,600 per kg
    30 June Rate Rs.74,800 per kg
    Highest Rate in June Rs.79,800 per kg on 10 June and 11 June
    Lowest Rate in June Rs.74,000 per kg on 23 June 2023
    Overall Monthly Performance Decline
    Percentage Change -3.60%

    Trend of Silver Rate in Srikakulam for May 2023 (rates per kg)

    Parameters Silver price (per kg)
    1 May Rate Rs.80,400 per kg
    31 May Rate Rs.76,800 per kg
    Highest Rate in May Rs.83,700 per kg on 5 May 2023
    Lowest Rate in May Rs.76,200 per kg on 26 May 2023
    Overall Monthly Performance Decline
    Percentage Change -4.68%

    Read More on Silver

    FAQs on Silver rate in Srikakulam

    1. What are the factors that determine silver prices in Srikakulam?

      The common factors that determine silver prices in Srikakulam is the Rupee-Dollar impact, inflation, festive seasons, and geopolitical factors.

    2. Can I test silver purity at home?

      Yes, silver purity can be tested at home through various tests such as Ice cube test, magnetic test, and many more.

    3. What are the trusted sources of purchasing silver?

      The trusted sources of purchasing silver are banks, e-commerce portals, private dealers, authorized sellers, and certified jewelers.

    4. Is it worth buying silver in Srikakulam?

      Yes, it is worth buying the precious white metal in Srikakulam.

    5. Why is purchasing hallmark silver important?

      You must check the hallmark symbol every time you purchase any silver item to ensure the authenticity and purity level of the silver
    6. How to invest in silver in Srikakulam?

      In Srikakulam, individuals can invest in silver in the form of coins, bars, jewelry, and even household items.
    7. What are the points to remember before buying silver in Srikakulam?

      The vital points that should be remembered before buying silver items in Srikakulam are silver rates, making charges, silver weight, buy-back policy of the seller, and certifications.
    8. Do silver prices remain the same across the country?

      No, the prices of silver do not remain the same across the country as the silver price is dynamic and varies due to several internal and external factors.
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