Silver Rate in Chennai (24th April 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	₹ 43.70	₹ 43.50	₹ 0.20
8 gram	₹ 349.60	₹ 348	₹ 1.60
10 gram	₹ 437	₹ 435	₹ 2
100 gram	₹ 4,370	₹ 4,350	₹ 20
1 Kg	₹ 43,700	₹ 43,500	₹ 200

Check gold rate in Chennai

Silver Rate in Chennai for Last 10 Days

Date	10 gram	100 gram	1 Kg
Apr 23, 2018	₹ 437.00	₹ 4,370.00	₹ 43700.00
Apr 21, 2018	₹ 435.00	₹ 4,350.00	₹ 43500.00
Apr 20, 2018	₹ 438.00	₹ 4,380.00	₹ 43800.00
Apr 19, 2018	₹ 437.00	₹ 4,370.00	₹ 43700.00
Apr 18, 2018	₹ 425.00	₹ 4,250.00	₹ 42500.00
Apr 17, 2018	₹ 422.00	₹ 4,220.00	₹ 42200.00
Apr 16, 2018	₹ 421.00	₹ 4,210.00	₹ 42100.00
Apr 14, 2018	₹ 419.00	₹ 4,190.00	₹ 41900.00
Apr 13, 2018	₹ 416.00	₹ 4,160.00	₹ 41600.00
Apr 12, 2018	₹ 420.00	₹ 4,200.00	₹ 42000.00

Weekly & Monthly Graph of Silver Price in India

Historical Price of Silver Rate in Chennai

Silver Price Movement in Chennai, March 2018

Silver Rates	1 Kg
1 ^st March rate	Rs.41,700
31^st March rate	Rs.41,400
Highest rate in March	Rs.41,900 on March 7
Lowest rate in March	Rs.41,100 on March 17
Over all performance	Falling
% Change	-0.72%

Silver Price Movement in Chennai, February 2018

Silver Price Movement in Chennai, January 2018

Silver Price Movement in Chennai, December 2017

Silver Price Movement in Chennai, November 2017

Silver Price Movement in Chennai, October 2017

Silver Rates	1 Kg
1 ^st February rate	Rs.42,600
28^th February rate	Rs.41,700
Highest rate in February	Rs.42,600 on February 1
Lowest rate in February	Rs.40,600 on February 10
Over all performance	Falling
% Change	-2.11%

Silver Rates	1 Kg
1 ^st January rate	Rs.42,000
31^st January rate	Rs.42,200
Highest rate in January	Rs.42,700 on January 29
Lowest rate in January	Rs.41,700 on January 4
Over all performance	Rising
% Change	+0.48%

Silver Rates	1 Kg
1 ^st December rate	Rs.41,800
31^st December rate	Rs.42,000
Highest rate in December	Rs.42,000 on December 30
Lowest rate in December	Rs.40,100 on December 6
Over all performance	Rising
% Change	+0.48%

Silver Rates	1 Kg
1 ^st November rate	Rs.41,900
30^th November rate	Rs.41,800
Highest rate in November	Rs.42,900 on November 7
Lowest rate in November	Rs.41,800 on November 2
Over all performance	Falling
% Change	-0.24%

Silver Rates	1 Kg
1 ^st October rate	Rs.40,050
31^st October rate	Rs.41,900
Highest rate in October	Rs.43,100 on October 17
Lowest rate in October	Rs.40,050 on October 1
Over all performance	Rising
% Change	+4.62%

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: The silver rates are sourced from local jewellers in the city. There maybe 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.