Silver Rate in Trivandrum

  • Today's Silver Rate In Trivandrum ( 27 May 2022 )

    ₹ 66.6
    Today's Silver Rate per gram

    Compare Silver Rate In Trivandrum (Today & Yesterday)

    Today
    Yesterday
    Rate Change
    Silver (1 gram) ₹ 66.6 ₹ 66 ₹ 0.6 ↑
    Bar Silver (1 Kg) ₹ 66,600 ₹ 66,000 ₹ 600 ↑

    Silver Price In Trivandrum For Last 10 Days

    Date Silver (1 gram) Bar Silver (1 Kg)
    27 May 2022 ₹ 66.6 ₹ 66,600
    26 May 2022 ₹ 66 ₹ 66,000
    25 May 2022 ₹ 66.5 ₹ 66,500
    24 May 2022 ₹ 66.5 ₹ 66,500
    23 May 2022 ₹ 65.9 ₹ 65,900
    22 May 2022 ₹ 65.9 ₹ 65,900
    21 May 2022 ₹ 65.9 ₹ 65,900
    20 May 2022 ₹ 65.9 ₹ 65,900
    19 May 2022 ₹ 65.1 ₹ 65,100
    18 May 2022 ₹ 65.1 ₹ 65,100

    Weekly & Monthly Graph of Silver Rate in Trivandrum

    • 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 Trivandrum

    Silver is a sought-after precious metal in Trivandrum. Besides its expanding industrial usage, it is bought in various forms such as traditional intricate jewellery, silverware, articles used for ritualistic purposes in addition to artefacts. Many consumers in Trivandrum present trendy gift articles made of silver during the wedding season. For many consumers in Trivandrum, silver is considered as a harbinger of good luck, a symbol of social prestige and prosperity.

    Many consumers belonging to the middle-class and upper middle-class sections buy the white precious metal as they consider it as a safe haven of investment in the long term against any kind of economic instability. Many small investors in Trivandrum buy silver given that it is more affordable than the yellow metal. Silver is respected for its intrinsic value and instant acceptability across the world.

    Also Know: Gold Rate in Trivandrum

    Trend of Silver Rate in Trivandrum for April 2022 (rates per kg)

    Parameters Silver Price (per kg)
    April 1 Rate Rs.71,700 per kg
    April 30 Rate Rs.69,500 per kg
    Highest Rate in April Rs.75,200 on 18 April
    Lowest Rate in April Rs.68,800 per kg on 28 April and 29 April
    Overall Monthly Performance Decline
    Percentage Change -3.06%

    Trend of Silver Rate in Trivandrum for March 2022 (rates per kg)

    Parameters Silver Price (per kg)
    March 1 Rate Rs.70,000 per kg
    March 28 Rate Rs.71,300 per kg
    Highest Rate in March Rs.77,600 on 9 March
    Lowest Rate in March Rs.70,000 per kg on 1 March
    Overall Monthly Performance Incline
    Percentage Change 1.85%

    Trend of Silver Rate in Trivandrum for February 2022 (rates per kg)

    Parameters Silver Price (per kg)
    February 1 Rate Rs.65,300 per kg
    February 28 Rate Rs.70,100 per kg
    Highest Rate in February Rs.70,600 per kg on 24 February
    Lowest Rate in February Rs.64,900 per kg on 7 February
    Overall Monthly Performance Incline
    Percentage Change 7.35%

    Trend of Silver Rate in Trivandrum for January 2022 (rates per kg)

    Parameters Silver Price (per kg)
    January 1 Rate Rs.66,600 per kg
    January 31 Rate Rs.65,400 per kg
    Highest Rate in January Rs.69,300 on 21 January
    Lowest Rate in January Rs.64,300 per kg on 10 January
    Overall Monthly Performance Decline
    Percentage Change -1.80%

    Trend of Silver Rate in Trivandrum for December 2021 (rates per kg)

    Parameters Silver Price (per kg)
    December 1 Rate Rs.66,300 per kg
    December 31 Rate Rs.66,000 per kg
    Highest Rate in December Rs.66,300 on 1, 28, and 29 December
    Lowest Rate in December Rs.64,600 per kg on 15 December
    Overall Monthly Performance Decline
    Percentage Change -0.45%

    Trend of Silver Rate in Trivandrum for November 2021 (rates per kg)

    Parameters Silver Price (per kg)
    November 1 Rate Rs.68,700 per kg
    November 30 Rate Rs.66,500 per kg
    Highest Rate in November Rs.71,700 on 13 and 14 November
    Lowest Rate in November Rs.66,500 per kg on 30 November
    Overall Monthly Performance Decline
    Percentage Change -3.20%

    Trend of Silver Rate in Trivandrum for October 2021 (rates per kg)

    Parameters Silver Price (per kg)
    October 1 Rate Rs.63,700 per kg
    October 31 Rate Rs.68,900 per kg
    Highest Rate in October Rs.70,300 on 25 October
    Lowest Rate in October Rs.63,700 per kg on 1 October
    Overall Monthly Performance Incline
    Percentage Change 8.16%

    Trend of Silver Rate in Trivandrum for September 2021 (rates per kg)

    Parameters Silver Price (per kg)
    September 1 Rate Rs.68,700 per kg
    September 30 Rate Rs.63,000 per kg
    Highest Rate in September Rs.69,600 per kg from 4 to 7 September
    Lowest Rate in September Rs.63,000 per kg on 30 September
    Overall Monthly Performance Decline
    Percentage Change -8.29%

    Trend of Silver Rate in Trivandrum for August 2021 (rates per kg)

    Parameters Silver Price (per kg)
    August 1 Rate Rs.73,000 per kg
    August 31 Rate Rs.68,400 per kg
    Highest Rate in August Rs.73,100 per kg on 2 and 4 August
    Lowest Rate in August Rs.66,600 per kg on 21 and 22 August
    Overall Monthly Performance Decline
    Percentage Change -6.30%

    Trend of Silver Rate in Trivandrum for July 2021 (rates per kg)

    Parameters Silver Price (per kg)
    July 1 Rate Rs.74,100 per kg
    July 31 Rate Rs.73,000 per kg
    Highest Rate in July Rs.75,000 per kg on 5 July
    Lowest Rate in July Rs.71,400 per kg on 28 July
    Overall Monthly Performance Decline
    Percentage Change -1.48%

    Trend of Silver Rate in Trivandrum for June 2021 (rates per kg)

    Parameters Silver Price (per kg)
    June 1 Rate Rs.72,600 per kg
    June 30 Rate Rs.72,900 per kg
    Highest Rate in June Rs.77,300 per kg on 12 and 13 June
    Lowest Rate in June Rs.70,800 per kg on 4 June
    Overall Monthly Performance Incline
    Percentage Change 0.41%

    Trend of Silver Rate in Trivandrum for May 2021 (rates per kg)

    Parameters Silver Price (per kg)
    May 1 Rate Rs.72,800 per kg
    May 31 Rate Rs.72,000 per kg
    Highest Rate in May Rs.78,600 per kg on 18 May
    Lowest Rate in May Rs.70,500 per kg on 14 May
    Overall Monthly Performance Decline
    Percentage Change 1.09%

    Trend of Silver Rate in Trivandrum for April 2021 (rates per kg)

    Parameters Silver Price (per kg)
    April 1 Rate Rs.68,500 per kg
    April 30 Rate Rs.72,800 per kg
    Highest Rate in April Rs.74,600 per kg on 23 April
    Lowest Rate in April Rs.68,500 per kg on 1 April
    Overall Monthly Performance Incline
    Percentage Change 6.27%

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

    Parameters Silver Price (per kg)
    March 1 Rate Rs.73,300 per kg
    March 31 Rate Rs.67,300 per kg
    Highest Rate in March Rs.73,300 per kg on 1 March
    Lowest Rate in March Rs.67,300 per kg on 31 March
    Overall Monthly Performance Decline
    Percentage Change -8.19%

    Trend of Silver Rate in Trivandrum 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 Trivandrum 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.72,000 per kg on 1 January – 3 January
    Lowest Rate in January Rs.63,900 per kg on 9 January – 11 January
    Overall Monthly Performance Decline
    Percentage Change 3.05%

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

    Parameters Silver Price (per kg)
    December 1 Rate Rs.64,600 per kg
    December 31 Rate Rs.72,300 per kg
    Highest Rate in December Rs.74,100 per kg on 21 December
    Lowest Rate in December Rs.63,400 per kg on 10 December
    Overall Monthly Performance Incline
    Percentage Change 11.9%

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

    Parameters Silver Price (per kg)
    November 1 Rate Rs.60,100 per kg
    November 30 Rate Rs.63,300 per kg
    Highest Rate in November Rs.70,000 per kg on 7 November
    Lowest Rate in November Rs.60,100 per kg on 1 November
    Overall Monthly Performance Incline
    Percentage Change 5.32%

    Also Check Silver Price in NearBy Cities of Trivandrum

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    Silver Rate In Kannur Silver Rate In Salem Silver Rate In Coimbatore

    Silver as an investment

    Silver, also known as ‘poor man’s gold’ is in demand as it is within the reach of most consumers (10 grams of silver coin costs around Rs.340) apart from being viewed as a safe hedge against inflation. For many consumers in Trivandrum, sterling grade silver is considered a good mode of investment in the long term. Also known as grade 925, sterling grade is made up of 92.5% silver and 7.5% copper or any other metal.

    Physical silver: Many consumers in Trivandrum buy silver coins and bars. Silver is also sought in the form of silverware and traditional ornaments. There are several major jewellery stores in Trivandrum which offer various kinds of silver articles. Attractive items of jewellery such as toe-rings, necklaces and bracelets among many others are also sold.

    Silver contracts: Silver is traded in National Multi Commodity Exchange (NMCE), Multi Commodity Exchange (MCX) and National Commodity & Derivatives Exchange (NCDEX). SILVERM is traded in units of 5 kg while Silver micro is traded in 1 kg (unit).

    Silver rate in Trivandrum

    Silver rate in Trivandrum depends on a host of factors influenced by various geo-political and economic developments. 1 kg of the precious metal was pegged at Rs.40197 at the start of 2015 but decreased by -5.9% to Rs.37800. The price of silver continued to slide in the following months of March and April barring a mini rally in May where the 1 kg of silver was pegged at Rs.40530. The price of silver plummeted by -8.1% to Rs.37237. The downward slide continued in June and July before rising marginally by 2.6% at Rs.36147 in August. The price of silver fell by -3.0% to Rs.35049 in September. The months of October and November witnessed a similar trajectory as price of 1 kg of silver fell by around -2.2%. The precious metal was pegged Rs.34343 in December.

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