Silver Rate in Uttar pradesh Last Updated : 28 May 2022

Silver Price Today UP is Rs.66.6 Per Gram.

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  • Today's Silver Rate in Uttar Pradesh ( 28 May 2022 )

    ₹ 67
    Today's Silver Rate per gram

    Compare Silver Rate In Uttar Pradesh (Today & Yesterday)

    Today
    Yesterday
    Rate Change
    Silver (1 gram) ₹ 67 ₹ 66.6 ₹ 0.4 ↑
    Bar Silver (1 Kg) ₹ 67,000 ₹ 66,600 ₹ 400 ↑

    Silver Price In Uttar Pradesh for Last 10 Days

    Date Silver (1 gram) Bar Silver (1 Kg)
    28 May 2022 ₹ 67 ₹ 67,000
    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

    Weekly & Monthly Graph of Silver Rate in Uttar Pradesh

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    *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 Uttar Pradesh

    Like in other parts of the country, the price of silver in Uttar Pradesh is dynamic and sees constant fluctuations. The change in the silver rate is seen due to a number of factors. Over the last few months, the price of the white metal in the state has seen a lot of fluctuations. The overall performance of the bullion has switched between incline and decline.

    Also Check Silver Price In Cities of Uttar Pradesh

    Factors Influencing the price of Silver in Uttar Pradesh

    As mentioned above, constant change in the price of silver is witnessed due to a number of factors. Those are listed below:

    • Price of gold
    • Crude oil rates
    • Fluctuations in demand
    • Fluctuations in dollar price
    • Inflation
    • Geo-political reasons
    • Government policies
    • Mining, Import, and Storage costs

    Also Check Silver Price in Top Cities

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

    Parameters Silver Price (per kg)
    March 1 Rate Rs.70,000 per kg
    March 31 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 Uttar Pradesh for February 2022 (rates per kg)

    Parameters Silver Price (per kg)
    1 February Rate Rs.65,300 per kg
    28 February 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 Uttar Pradesh 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 Uttar Pradesh 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 Uttar Pradesh 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 Uttar Pradesh 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%

    Silver Rate in Uttar Pradesh

    Uttar Pradesh, the most populous state in India is an area filled with history and culture. The birthplace of several kingdoms, it is considered one of the most powerful states in India. Today, UP is home to over 200 million people, making it a hub of industries and commercial activities. Silver was and continues to be popular in UP, having been used for multiple purposes for centuries. Silver rates in the state depend on international prices, considering the fact that most of the silver consumed is imported, with fluctuations observed on a regular basis.

    Silver as an investment

    Investing in silver is considered safe, primarily due to the fact that the demand for it hasn’t diminished over the years, and with limited production there is always scope for the white metal to grow. In Uttar Pradesh, silver is considered auspicious, thereby making it an investment option plus an integral part of their way of life. The fact that silver is cheaper than gold makes it affordable to the larger population, especially the middle and lower sections of society. Individuals keen on expanding their investment can choose from two options, physical silver and silver contracts/futures.

    Physical silver – Physical silver, i.e. jewellery and coins/bars are the most popular mode of owning silver in UP. These can be purchased across the state, with jewellers catering to different budgetary requirements. Owning silver in this form is integral to the concept of family bonding, with items being passed from one generation to another, leaving behind a rich legacy. While most jewellery isn’t purchased with the intention of an investment, it can help one during fund crunch, offering liquidity. Silver coins and bars, however, are a smarter investment decision, thanks to their purity. Coins purchased from banks tend to be costlier on account of quality checks and purity assurance.

    Silver contracts – Silver contracts are yet to gain popularity in Uttar Pradesh, with people viewing them as complicated offerings. In their nascent stage, one can indulge in silver trade through the National Multi Commodity Exchange, Multi Commodity Exchange and the National Commodity and Derivatives Exchange. Sound information about the functioning of these markets could help one gain immensely, whereas lack of awareness could put your investment at risk.

    FAQs on Silver Rate in Uttar Pradesh

    1. Will the silver price increase in Uttar Pradesh in 2022?
    2. Silver prices in India majorly depend on the international trend of the metal and other factors which can affect its price. In 2022, silver prices have showcased a fluctuating trend in the month of January

    3. What is the trend of silver rate in Uttar Pradesh now?
    4. Silver prices have been showing a fluctuating trend in the market and currently stands at the rate of Rs.66,300 per kg. For the month of January 2022, the rates of silver showed constant inclines and declines due to the trend in the international market.

    News About Silver Rate in Uttar pradesh

    • Silver prices at Rs.59,500 per kg on 16 May 2022

      Silver futures prices jumped by Rs.168 or 0.28% on 16 May and were Rs.59,500 for a kg. Silver rates jumped slightly even though the value of the dollar continued to remain firm. Silver prices in the spot market on 13 May 2022 were Rs.59,106 per kg. Over the last three weeks, the prices of the white metal have fallen by Rs.7,600 for a kg.

      16 May 2022

    • Yellow metal price falls below Rs.52,000 and silver prices fall by Rs.200 per kg

      Gold futures on the MCX traded down 0.36% (Rs.189) and reached Rs.51,977 per 10 grams. The silver futures traded lower by 0.35% (Rs.238) and reached at Rs.67,249 per kg. In the spot market, the purity gold was the highest at Rs.51,484 per 10 grams.

      01 April 2022

    • Silver futures prices jump in India on 21 March 2022

      Silver futures prices on MCX jumped by Rs.153 or 0.23% and were trading at Rs.68,029 per kg. Silver prices in the spot market on 22 March 2022, Monday was at Rs.68,005 for a kg. In the global markets, silver rates jumped by 0.2% and were trading at $25.00 for an ounce.

      21 March 2022

    • Gold prices drop by 0.35%, silver down by 0.8%

      On Thursday, gold prices dropped in Indian markets after hitting an intraday high of Rs.55,200. On MCX, gold futures fell by 0.35% to Rs.52,570 per 10 gram while silver was down by 0.8% to Rs.69,039 per kg. Gold and silver rates fell by Rs.1,500 per 10 gram and Rs.2,000 per kg in the previous session.

      11 March 2022

    • Silver priced at Rs. 60,900 per kilogram

      Silver is sold at Rs.60,900 which is Rs.100 less than yesterday. In Chennai, the precious metal is priced at Rs.65,000 per kg, while in Delhi and Mumbai, the metal is being sold at Rs 60,900 per kg. In Kolkata, the cost of 1 kg silver is Rs. 60,900. In Hyderabad and Bengaluru, silver costs Rs. 65,000 per kg.

      07 February 2022

    • Gold price rises to get closer to Rs.48,000 in India

      The price of gold in India traded higher and witnessed a strong weekly gain in over 2 months. The gold futures on MCX jumped by 0.29% (Rs.138) to hit the mark of Rs.47,874 per 10 grams.

      The gold prices might be up for the medium term owing to higher inflation and the existing pressure on the yields from bonds.

      14 January 2022

    • Gold prices slip, silver also declines to Rs.60,230

      As per HDFC securities, the price for gold slipped marginally by Rs.6 to Rs.47,156 per 10 gram on mixed global cues. The gold price was at Rs.47,162 per 10 gram while silver dropped by Rs.158 to Rs.60,230 per kg in the previous trade.

      In spite of the rupee depreciation, the spot gold price was marginally low by Rs.6 in Delhi. However, the price of the yellow metal was high at $1,786 per ounce in the international market. Silver rates dropped to $22.33 per ounce.

      10 December 2021

    • Silver price in the country down by 0.18%

      On Tuesday, the price of silver declined by 0.18% on the Multi Commodity Exchange (MCX). The drop in the rate saw a kilo being traded for Rs.64,224. Gold futures too recorded a marginal decline of 0.03% to cost Rs.48,002 per 10 grams. The price of spot gold in the country however remained flat after hitting record high in the previous trading session.

      09 November 2021

    • Indian spot gold rate and silver price today

      The price of gold grew 0.14% to Rs.47420 .

      The Indian Gold Price grew by 0.02%; the rate being lower than the global Gold Price growth rate of 0.18%. The global price of gold today is $1816.7. Among the other precious metals, the price of silver dropped 0.06% to $25.2 per Troy ounce.

      The price of platinum surged 0.05% to $1078.0 per Troy ounce. Meanwhile in India, gold retailed at Rs.47466 per 10 gram on MCX, with a change of Rs.123.4.

      On MCX, gold futures prices in India rose 0.26% to Rs.47466 per 10 gram. In the previous session, gold grew 0.62% per 10 gram.

      On MCX, silver futures rose 0.11% or Rs.72.0 per kg to the price level of Rs.65432 per kg.

      06 September 2021

    • Gold and Silver Prices on 17 August 2021

      Following a minor recovery in worldwide precious metal prices on Monday, the price of 10 grams 22-carat gold decreased by Rs.180 to Rs.45,980 on Tuesday, 17 August 2021. The price of silver per kilogram was Rs.62,700. The price of 10 grams of gold in New Delhi and Mumbai is Rs 46,160 and Rs 45,980, respectively. In Chennai, gold was priced at Rs.44,480.

      17 August 2021

    • Price of gold and silver today

      The price of spot gold today is Rs.48030 which is 0.34% lower than this week's average of Rs.48195.7.

      Global spot prices continued its upward trend, clocking a rise at $1816.7 per Troy ounce and increasing by 0.18% over yesterday. Among other precious metals, silver prices saw a drop today by 0.06% to $25.2 per Troy ounce.

      The precious metal platinum also grew 0.05% to $1078.0 per Troy ounce. In India, gold was retailing at Rs.48220 per 10 gram on MCX, with a change of Rs.149.5.

      On MCX, gold futures prices in India rose 0.31% to Rs.48220 per 10 gram. On MCX, silver futures increased 0.25% to Rs.67693 per kg.

      20 July 2021

    • Gold and silver prices fall on the MCX with no change in spot gold prices

      Gold futures on the Multi Commodity Exchange (MCX) decreased to Rs.47,719 per 10 grams. There was a dip in silver futures too, settling at Rs.69,196 per kg. There was no change in the prices of spot gold with it settling at Rs.47,810. In the global markets, prices of gold remained stable at $1802.8 per Troy ounce but there was a decrease in prices of silver to $26.0 per Troy ounce.

      13 July 2021

    • Silver and gold rates fall in the domestic market due to a stronger U.S. dollar

      Spot gold in the domestic markets declined marginally by Rs.10 from Rs.48,760 per 10 grams from Rs.48,750 per 10 grams. The price of the precious metal was lower than the average value of the metal for the week at Rs.48,757 per 10 grams.

      On the Multi Commodity Exchange, gold prices declined by 0.1% to Rs.48,365 per 10 grams while the metal recorded a decline of 0.82% during its previous session. Silver futures also plunged by 0.54% to Rs.71,840 per kg.

      In the global markets, gold prices saw a fall after recording a slight incline in the previous session. Spot gold dipped by 0.5% to $1,865 per ounce.

      16 June 2021

    • Silver futures plunge by nearly 0.4 percent on Tuesday

      On the Multi Commodity Exchange (MCX), silver futures were down by nearly 0.4 percent on Tuesday. The drop witnessed in the price of the white metal meant that a kilogram was retailed for Rs.71,565. In the international market, silver rate recorded a drop of 0.37 percent to cost $27.8 per troy ounce.

      The price of spot gold in the country saw a decline of 0.02 percent and the value dipped to Rs.48,500. In the international market, gold prices plummeted by 0.24 percent and was trading at $1,895 per troy ounce. On the MCX, gold prices in India were down by 0.18 percent and 10 grams of the precious metal cost Rs.48,843.

      08 June 2021

    • Silver futures were marginally down on Friday

      On the Multi Commodity Exchange (MCX), silver futures were marginally down on Friday. The rates were down by Rs.280 or 0.39 percent and was trading at Rs.71,439 per kg. In the global market, the price of the white metal eased by 0.1 percent to cost $27.84 per ounce. Gold price traded flat on Friday as an uptick in the dollar and US Treasury yields pressured the bullion. On the MCX, the futures of the yellow metal were down by 0.21 percent and cost Rs.48,481 for every 10 grams. In the international market, spot gold price was mostly unchanged at $1,896.71 per ounce while US gold futures edged 0.1 percent higher to cost $1,899.50 per ounce.

      28 May 2021

    • Silver prices increase due to a muted dollar trend and the rise in COVID-19 cases

      Gold and silver prices increased on 3 May 2021 due to a mute trend of the U.S. dollar in the market ahead of the United States of America releasing their data and the rise in COVID-19 cases in India.

      On the Multi Commodity Exchange, gold futures increased by 0.49% to Rs.46,968 per 10 grams. Silver prices also increased by 0.57% to Rs.68,758 per kg.

      According to sources, gold prices remain volatile due to the optimism around the U.S. economy dampened which resulted in the fluctuations in the value of the U.S. dollar and the bond yields. Along with this, the rise of COVID-19 cases in India has also supported the gold and silver prices in the country.

      In the international market, spot gold was priced at $1,770.66 per ounce, increasing by 0.1%. U.S. gold futures also increased by 0.2% to $1,770.30 per ounce.

      03 May 2021

    • Silver rates trend at Rs.66,900 for a kg on 12 April 2021

      Silver prices in India are trending towards Rs.66,900 for a kg on 12 April 2021. The prices of gold in the country jumped slightly and are at Rs.45,170 for 10 grams. In the last session, the prices of the yellow metal were at Rs.45,700 per 10 grams. Gold jewellery prices in India depend on the making charges, state taxes, and excise duty. Over the last three months, gold rates have fallen by around 11% in the country. In Chennai, the prices of the yellow metal were at Rs.47,730 for 10 grams.

      12 April 2021

    • Silver prices at Rs.67,500 per kg; rate of gold declines

      Gold prices declined to Rs.48,390 per 10 grams on 22 March and silver prices were trading at Rs.67,500 per kg in the domestic market. 22-karat gold was priced at Rs.44,390 per 10 grams in Delhi and dipped to Rs.42,490 per 10 grams in Chennai. The value of 24-karat gold was priced at Rs.46,350 per 10 grams in Chennai.

      Gold imports have reduced in the country by 3.3% to $26.11 billion and has helped narrow the trade deficit of the country to $84.62 billion. Gold prices dipped with a stronger dollar value seen in the market amidst a positive trend seen in the U.S. Treasury yields.

      In the international market, spot gold declined marginally by 0.1% to $1,734.97 per ounce and gold futures showed an incline of 0.1% to $1,734.90 per ounce.

      22 March 2021

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