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Silver Rate in Chennai (5th December 2022)

Dec 5, 2022
71.60 /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 71.60 71.60 0
8 gram 572.80 572.80 0
10 gram 716 716 0
100 gram 7,160 7,160 0
1 Kg 71,600 71,600 0

Silver Rate in Chennai for Last 10 Days

Date 10 gram 100 gram 1 Kg
Dec 4, 2022 716.00 7,160.00 71600.00 0
Dec 3, 2022 716.00 7,160.00 71600.00 600
Dec 2, 2022 710.00 7,100.00 71000.00 1200
Dec 1, 2022 698.00 6,980.00 69800.00 1800
Nov 30, 2022 680.00 6,800.00 68000.00 -100
Nov 29, 2022 681.00 6,810.00 68100.00 0
Nov 28, 2022 681.00 6,810.00 68100.00 600
Nov 27, 2022 675.00 6,750.00 67500.00 0
Nov 26, 2022 675.00 6,750.00 67500.00 -500
Nov 25, 2022 680.00 6,800.00 68000.00 -200

Weekly & Monthly Graph of Silver Price in India

Historical Price of Silver Rate in Chennai

  • Silver Price Movement in Chennai, November 2022
  • Silver Rates 1 Kg
    1 st November rate Rs.65,000
    30th November rate Rs.68,000
    Highest rate in November Rs.68,500 on November 15
    Lowest rate in November Rs.61,400 on November 10
    Over all performance Rising
    % Change +4.62%
  • Silver Price Movement in Chennai, October 2022
  • Silver Price Movement in Chennai, September 2022
  • Silver Price Movement in Chennai, August 2022
  • Silver Price Movement in Chennai, July 2022
  • Silver Price Movement in Chennai, June 2022

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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