Silver Rate in Chennai (2nd December 2021)

Dec 2, 2021

65 /Gram -1.30

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	65	66.30	-1.30
8 gram	520	530.40	-10.40
10 gram	650	663	-13
100 gram	6,500	6,630	-130
1 Kg	65,000	66,300	-1,300

Check gold rate in Chennai

Silver Rate in Chennai for Last 10 Days

Date	10 gram	100 gram	1 Kg
Dec 2, 2021	650.00	6,500.00	65000.00 ( -1300 )
Dec 1, 2021	663.00	6,630.00	66300.00 ( -200 )
Nov 30, 2021	665.00	6,650.00	66500.00 ( -1100 )
Nov 29, 2021	676.00	6,760.00	67600.00 ( 400 )
Nov 28, 2021	672.00	6,720.00	67200.00 ( 0 )
Nov 27, 2021	672.00	6,720.00	67200.00 ( -700 )
Nov 26, 2021	679.00	6,790.00	67900.00 ( 100 )
Nov 25, 2021	678.00	6,780.00	67800.00 ( 200 )
Nov 24, 2021	676.00	6,760.00	67600.00 ( -1900 )
Nov 23, 2021	695.00	6,950.00	69500.00 ( -900 )

Weekly & Monthly Graph of Silver Price in India

Historical Price of Silver Rate in Chennai

Silver Price Movement in Chennai, November 2021

Silver Rates	1 Kg
1 ^st November rate	Rs.68,700
30^th November rate	Rs.66,500
Highest rate in November	Rs.71,700 on November 13
Lowest rate in November	Rs.66,500 on November 11
Over all performance	Falling
% Change	-3.20%

Silver Price Movement in Chennai, October 2021

Silver Price Movement in Chennai, September 2021

Silver Price Movement in Chennai, August 2021

Silver Price Movement in Chennai, July 2021

Silver Price Movement in Chennai, June 2021

Silver Rates	1 Kg
1 ^st October rate	Rs.63,700
31^st October rate	Rs.68,900
Highest rate in October	Rs.70,300 on October 25
Lowest rate in October	Rs.63,700 on October 1
Over all performance	Rising
% Change	+8.16%

Silver Rates	1 Kg
1 ^st September rate	Rs.68,700
30^th September rate	Rs.63,000
Highest rate in September	Rs.69,600 on September 4
Lowest rate in September	Rs.63,000 on September 1
Over all performance	Falling
% Change	-8.30%

Silver Rates	1 Kg
1 ^st August rate	Rs.73,000
31^st August rate	Rs.68,400
Highest rate in August	Rs.73,100 on August 2
Lowest rate in August	Rs.66,600 on August 6
Over all performance	Falling
% Change	-6.30%

Silver Rates	1 Kg
1 ^st July rate	Rs.74,100
31^st July rate	Rs.73,000
Highest rate in July	Rs.75,200 on July 6
Lowest rate in July	Rs.71,400 on July 28
Over all performance	Falling
% Change	-1.48%

Silver Rates	1 Kg
1 ^st June rate	Rs.77,300
30^th June rate	Rs.72,900
Highest rate in June	Rs.77,500 on June 3
Lowest rate in June	Rs.72,900 on June 30
Over all performance	Falling
% Change	-5.69%

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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