Silver Rate in Uttar pradesh Last Updated : 16 May 2021

  • Today's Silver Rate in Uttar Pradesh( 16 May 2021 )

    ₹ 71
    Today's Silver Rate per gram

    Compare Silver Rate In Uttar Pradesh (Today & Yesterday)

    Today
    Yesterday
    Rate Change
    Silver (1 gram) ₹ 71 ₹ 71 ₹ 0 ↑
    Bar Silver (1 Kg) ₹ 71,000 ₹ 71,000 ₹ 0 ↑

    Silver Price In Uttar Pradesh for Last 10 Days

    Date Silver (1 gram) Bar Silver (1 Kg)
    16 May 2021 ₹ 71 ₹ 71,000
    15 May 2021 ₹ 71 ₹ 71,000
    14 May 2021 ₹ 70.5 ₹ 70,500
    13 May 2021 ₹ 71.13 ₹ 71,130
    12 May 2021 ₹ 71.5 ₹ 71,500
    11 May 2021 ₹ 71.6 ₹ 71,600
    10 May 2021 ₹ 71.5 ₹ 71,500
    09 May 2021 ₹ 71.5 ₹ 71,500
    08 May 2021 ₹ 71.5 ₹ 71,500
    07 May 2021 ₹ 71.9 ₹ 71,900

    Weekly & Monthly Graph of Silver Rate in Uttar Pradesh

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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.

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

    Parameters Silver Price (per kg)
    April 1 Rate Rs.63,600 per kg
    April 30 Rate Rs.72,800 per kg
    Highest Rate in April Rs.74,000 per kg on 24 April - 27 April
    Lowest Rate in April Rs.63,600 per kg on 1 April
    Overall Monthly Performance Incline
    Percentage Change 14.47%

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

    Parameters Silver Price (per kg)
    March 1 Rate Rs.68,200 per kg
    March 31 Rate Rs.62,800 per kg
    Highest Rate in March Rs.70,100 per kg on 6 and 7 March
    Lowest Rate in March Rs.62,800 per kg on 31 March
    Overall Monthly Performance Decline
    Percentage Change -7.91%

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

    Parameters Silver Price (per kg)
    December 1 Rate Rs.59,000 per kg
    December 31 Rate Rs.72,300 per kg
    Highest Rate in December Rs.73,600 per kg on 22 December
    Lowest Rate in December Rs.63,400 per kg on 10 December
    Overall Monthly Performance Incline
    Percentage Change 22.54%

    Trend of Silver Rate in Uttar Pradesh 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%

    Trend of Silver Rate in Uttar Pradesh for October 2020 (rates per kg)

    Parameters Silver Price (per kg)
    October 1 Rate Rs.60,700 per kg
    October 31 Rate Rs.61,000 per kg
    Highest Rate in October Rs.63,500 per kg on 21 October
    Lowest Rate in October Rs.60,210 per kg on 8 October
    Overall Monthly Performance Incline
    Percentage Change 0.49%

    Trend of Silver Rate in Uttar Pradesh for September 2020 (rates per kg)

    Parameters Silver Price (per kg)
    September 1 Rate Rs.76,500 per kg
    September 30 Rate Rs.62,500 per kg
    Highest Rate in September Rs.76,500 per kg on 1 September
    Lowest Rate in September Rs.58,500 per kg on 24 September
    Overall Monthly Performance Decline
    Percentage Change -18.30%

    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.

    Also Check Silver Price in Metro Cities

    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 2021?
    2. Silver prices in India majorly depend on the international trend of the metal and other factors which can affect its price. In 2021, Silver prices showed a steady trend in the beginning of the year and has declined due to the rise in the U.S. dollar value.

    3. What is the trend of silver rate in Uttar Pradesh now?
    4. Silver prices have been showing a fluctuating trend in the market at Rs.69,000 per kg. For the month of February, silver rates showed constant inclines and declines due to the trend in the interantional market.

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    News About Silver Rate in Uttar pradesh

    • 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

    • Gold Rate Increases by Rs 29; Silver Falls Marginally

      The price of gold on Tuesday rose Rs.29 per gram at Rs.4,420 compared to Rs.4,391 on the previous day. However, the price of silver dropped marginally by Rs.0.01 per gram on Tuesday.

      06 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

    • Gold declines Rs 104; silver falls Rs 736

      Prices of gold dropped Rs.104 to Rs.48,703 per 10 gram in New Delhi on Monday in line with weak global prices of the yellow metal. The precious metal had earlier closed at Rs.48,807 per 10 gram in the previous trade.

      Silver prices also dropped Rs.736 to Rs.62,621 per kg, from Rs.63,357 per kg in the previous trade.

      In the international market, gold traded lower at $1,836 per ounce and silver remained flat at $23.92 per ounce.

      07 December 2020

    • Gold and silver prices increase marginally on the occasion of Dhanteras

      Gold and silver rate on 12 November, recorded a marginal incline on the occasion of Dhanteras. The price of 24-karat gold was Rs.52,620 per 10 grams and 22-karat gold was Rs.49,170 per kg 10 grams.

      Silver prices increased to RS.62,700 per kg. In its previous session, gold prices had closed at Rs.50,111 per 10 grams and silver prices recorded an incline of Rs.451 to Rs.62,023 per kg in the previous trade.

      With constant fluctuations in the international market and rupee depreciation, the rate of gold increased in the market.

      In the international market, gold prices were trading higher at $1,877 per ounce while silver prices were trading flat at $24.20 per ounce.

      12 November 2020

    • Gold and silver rates see a rise

      The gold rates had increased by Re.1 per gram for 24-carat gold and also 22-carat gold. 22-carat gold was priced at Rs.49,550 10 grams. 24-carat gold was sold at Rs.50,550 per 10 grams.

      In the global market, the spot price for the yellow metal had seen a dip by $3.90 and the metal reached $1,926.70 per ounce. Duuring the last month, there was a dip of 0.74% in spot price.

      A lot of the analysts have said that the investors will use ‘buy on dips’ strategy as long as the rates of gold stay over Rs.50,220 per 10 grams.

      14 October 2020

    • Gold rate at Rs.55,000 per 10-gram mark; silver prices at Rs.67,000 per kg levels

      Gold prices increased marginally today from Rs.55,600 per 10 grams to Rs.55,610 per 10 grams. In New Delhi, the price of 22-karat gold was priced at Rs.51,010 per 10 grams and in Chennai, the metal was Rs.50,490 per 10 grams. In Chennai, the rate of 24-karat gold was priced at Rs.55,060 per 10 grams.

      On the Multi Commodity Exchange, gold futures dropped by 0.26% to Rs.52,016 per 10 grams. Silver futures were at Rs.67,067 per kg. With the global economy suffering due to COVID-19, gold and silver prices increased due to safe-haven demand.

      In the international market, gold had previously hit all-time highs at $2,067 per ounce and due to a recovering U.S. dollar value, the price of the metal dipped to below the $2,000 per ounce level.

      24 August 2020

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