Silver Rate in Chennai (22nd September 2019)

Sep 22, 2019

₹ 48.77 /Gram

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	₹ 48.77	₹ 48.77	₹ 0
8 gram	₹ 390.12	₹ 390.12	₹ 0
10 gram	₹ 487.65	₹ 487.65	₹ 0
100 gram	₹ 4,876.50	₹ 4,876.50	₹ 0
1 Kg	₹ 48,765	₹ 48,765	₹ 0

Check gold rate in Chennai

Silver Rate in Chennai for Last 10 Days

Date	10 gram	100 gram	1 Kg
Sep 21, 2019	₹ 487.65	₹ 4,876.50	₹ 48765.00 ( 0 )
Sep 20, 2019	₹ 487.65	₹ 4,876.50	₹ 48765.00 ( 0 )
Sep 19, 2019	₹ 487.65	₹ 4,876.50	₹ 48765.00 ( 0 )
Sep 18, 2019	₹ 487.65	₹ 4,876.50	₹ 48765.00 ( 0 )
Sep 17, 2019	₹ 487.65	₹ 4,876.50	₹ 48765.00 ( -35 )
Sep 16, 2019	₹ 488.00	₹ 4,880.00	₹ 48800.00 ( 40 )
Sep 15, 2019	₹ 487.60	₹ 4,876.00	₹ 48760.00 ( -2540 )
Sep 14, 2019	₹ 513.00	₹ 5,130.00	₹ 51300.00 ( 0 )
Sep 13, 2019	₹ 513.00	₹ 5,130.00	₹ 51300.00 ( 0 )
Sep 12, 2019	₹ 513.00	₹ 5,130.00	₹ 51300.00 ( 0 )

Weekly & Monthly Graph of Silver Price in India

Historical Price of Silver Rate in Chennai

Silver Price Movement in Chennai, August 2019

Silver Rates	1 Kg
1 ^st August rate	Rs.44,965
31^st August rate	Rs.48,500
Highest rate in August	Rs.49,160 on August 27
Lowest rate in August	Rs.44,522 on August 10
Over all performance	Rising
% Change	+7.86%

Silver Price Movement in Chennai, July 2019

Silver Price Movement in Chennai, June 2019

Silver Price Movement in Chennai, May 2019

Silver Price Movement in Chennai, April 2019

Silver Price Movement in Chennai, March 2019

Silver Rates	1 Kg
1 ^st July rate	Rs.40,578
31^st July rate	Rs.44,965
Highest rate in July	Rs.44,965 on July 31
Lowest rate in July	Rs.40,560 on July 9
Over all performance	Rising
% Change	+10.81%

Silver Rates	1 Kg
1 ^st June rate	Rs.39,600
30^th June rate	Rs.40,500
Highest rate in June	Rs.40,500 on June 29
Lowest rate in June	Rs.39,450 on June 2
Over all performance	Rising
% Change	+2.27%

Silver Rates	1 Kg
1 ^st May rate	Rs.40,500
31^st May rate	Rs.39,500
Highest rate in May	Rs.40,700 on May 3
Lowest rate in May	Rs.39,360 on May 25
Over all performance	Falling
% Change	-2.47%

Silver Rates	1 Kg
1 ^st April rate	Rs.40,647
30^th April rate	Rs.40,000
Highest rate in April	Rs.40,863 on April 10
Lowest rate in April	Rs.40,000 on April 23
Over all performance	Falling
% Change	-1.59%

Silver Rates	1 Kg
1 ^st March rate	Rs.43,300
31^st March rate	Rs.41,500
Highest rate in March	Rs.43,300 on March 1
Lowest rate in March	Rs.41,100 on March 8
Over all performance	Falling
% Change	-4.16%

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.

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