Silver Rate in Chennai (17th February 2019)

Feb 17, 2019

₹ 43.40 /Gram ₹ 0.70

Silver prices in Chennai depend on a host of factors. For example, recently the government raised the excise duty on gold, which should push the rates of silver higher. When gold prices tend to rise, rural investors may move to silver as a hedge. In fact silver prices in the international markets have moved to near $15 per ounce as demand continues to be good.

Today Silver Price Per Gram/Kg in Chennai (INR)

Gram	Silver Rate Today	Silver Rate Yesterday	Daily Price Change
1 gram	₹ 43.40	₹ 42.70	₹ 0.70
8 gram	₹ 347.20	₹ 341.60	₹ 5.60
10 gram	₹ 434	₹ 427	₹ 7
100 gram	₹ 4,340	₹ 4,270	₹ 70
1 Kg	₹ 43,400	₹ 42,700	₹ 700

Check gold rate in Chennai

Silver Rate in Chennai for Last 10 Days

Date	10 gram	100 gram	1 Kg
Feb 16, 2019	₹ 434.00	₹ 4,340.00	₹ 43400.00
Feb 15, 2019	₹ 427.00	₹ 4,270.00	₹ 42700.00
Feb 14, 2019	₹ 428.00	₹ 4,280.00	₹ 42800.00
Feb 13, 2019	₹ 428.00	₹ 4,280.00	₹ 42800.00
Feb 12, 2019	₹ 431.00	₹ 4,310.00	₹ 43100.00
Feb 11, 2019	₹ 433.00	₹ 4,330.00	₹ 43300.00
Feb 9, 2019	₹ 433.00	₹ 4,330.00	₹ 43300.00
Feb 8, 2019	₹ 414.00	₹ 4,140.00	₹ 41400.00
Feb 7, 2019	₹ 413.00	₹ 4,130.00	₹ 41300.00
Feb 6, 2019	₹ 413.00	₹ 4,130.00	₹ 41300.00

Weekly & Monthly Graph of Silver Price in India

Historical Price of Silver Rate in Chennai

Silver Price Movement in Chennai, January 2019

Silver Rates	1 Kg
1 ^st January rate	Rs.41,300
31^st January rate	Rs.41,350
Highest rate in January	Rs.42,300 on January 23
Lowest rate in January	Rs.41,100 on January 5
Over all performance	Rising
% Change	+0.12%

Silver Price Movement in Chennai, December 2018

Silver Price Movement in Chennai, November 2018

Silver Price Movement in Chennai, October 2018

Silver Price Movement in Chennai, September 2018

Silver Price Movement in Chennai, August 2018

Silver Rates	1 Kg
1 ^st December rate	Rs.41,200
31^st December rate	Rs.41,500
Highest rate in December	Rs.41,500 on December 10
Lowest rate in December	Rs.41,100 on December 20
Over all performance	Rising
% Change	+0.73%

Silver Rates	1 Kg
1 ^st November rate	Rs.41,250
30^th November rate	Rs.41,100
Highest rate in November	Rs.41,450 on November 3
Lowest rate in November	Rs.40,510 on November 10
Over all performance	Falling
% Change	-0.36%

Silver Rates	1 Kg
1 ^st October rate	Rs.41,000
31^st October rate	Rs.41,200
Highest rate in October	Rs.41,550 on October 25
Lowest rate in October	Rs.40,100 on October 3
Over all performance	Rising
% Change	+0.49%

Silver Rates	1 Kg
1 ^st September rate	Rs.40,000
30^th September rate	Rs.40,150
Highest rate in September	Rs.41,150 on September 15
Lowest rate in September	Rs.38,500 on September 25
Over all performance	Rising
% Change	+0.38%

Silver Rates	1 Kg
1 ^st August rate	Rs.38,500
31^st August rate	Rs.40,200
Highest rate in August	Rs.40,300 on August 29
Lowest rate in August	Rs.38,200 on August 4
Over all performance	Rising
% Change	+4.42%

Where Silver Rates are Headed in Chennai?

A host of international factors will determine how we move in the coming months.

Among these include the US Federal Reserve's decision to hike interest rates. If interest rates are hiked in the US, we might see silver prices dipping in line with most markets, as gold too tends to dip. Silver prices in Chennai too would move in line with these rates.

Gold and silver rates in Chennai have both seen an uptick this year. Some silver traders that there maybe a price explosion in the metal, as demand from industrial units are heavy. After the financial crisis of 2008, there was a suatined demand for the metal. However, it has now remained flat for most part of the year. Going ahead it is extremely doubful, if the metal will see a substantial rally.

Disclaimer: There maybe definitely a variance in rates and prices. GoodReturns.in has made every effort to ensure accuracy of information provided; however, Greynium Information Technologies Pvt Ltd, its subsidiaries and associates do not guarantee such accuracy. The rates are for informational purposes only. It is not a solicitation to buy, sell in precious silver. Greynium Information Technologies Pvt Ltd, its subsidiaries, associates do not accept culpability for losses and/or damages arising based on silver information provided. Silver rates are the futures rates across all cities in India and hence there maybe price variation.