Silver Rate in Chennai (18th October 2018)
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 | ₹ 41.40 | ₹ 41.20 | ₹ 0.20 |
| 8 gram | ₹ 331.20 | ₹ 329.60 | ₹ 1.60 |
| 10 gram | ₹ 414 | ₹ 412 | ₹ 2 |
| 100 gram | ₹ 4,140 | ₹ 4,120 | ₹ 20 |
| 1 Kg | ₹ 41,400 | ₹ 41,200 | ₹ 200 |
Silver Rate in Chennai for Last 10 Days
| Date | 10 gram | 100 gram | 1 Kg |
| Oct 18, 2018 | ₹ 414.00 | ₹ 4,140.00 | ₹ 41400.00 |
| Oct 17, 2018 | ₹ 412.00 | ₹ 4,120.00 | ₹ 41200.00 |
| Oct 16, 2018 | ₹ 415.00 | ₹ 4,150.00 | ₹ 41500.00 |
| Oct 15, 2018 | ₹ 413.00 | ₹ 4,130.00 | ₹ 41300.00 |
| Oct 14, 2018 | ₹ 413.00 | ₹ 4,130.00 | ₹ 41300.00 |
| Oct 13, 2018 | ₹ 414.00 | ₹ 4,140.00 | ₹ 41400.00 |
| Oct 12, 2018 | ₹ 415.00 | ₹ 4,150.00 | ₹ 41500.00 |
| Oct 11, 2018 | ₹ 411.50 | ₹ 4,115.00 | ₹ 41150.00 |
| Oct 10, 2018 | ₹ 410.00 | ₹ 4,100.00 | ₹ 41000.00 |
| Oct 9, 2018 | ₹ 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, September 2018
- Silver Price Movement in Chennai, August 2018
- Silver Price Movement in Chennai, July 2018
- Silver Price Movement in Chennai, June 2018
- Silver Price Movement in Chennai, May 2018
- Silver Price Movement in Chennai, April 2018
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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- Silver price in Chandigarh
- Silver price in Chennai
- Silver price in Coimbatore
- Silver price in Delhi
- Silver price in Hyderabad
- Silver price in Jaipur
- Silver price in Kerala
- Silver price in Kolkata
- Silver price in Lucknow
- Silver price in Madurai
- Silver price in Mangalore
- Silver price in Mumbai
- Silver price in Mysore
- Silver price in Nagpur
- Silver price in Nashik
- Silver price in Patna
- Silver price in Pune
- Silver price in Surat
- Silver price in Vadodara
- Silver price in Vijayawada
- Silver price in Visakhapatnam
