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

Check gold rate in Chennai

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
30^th 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

Silver Rates	1 Kg
1 ^st October rate	Rs.62,000
31^st October rate	Rs.63,000
Highest rate in October	Rs.67,000 on October 5
Lowest rate in October	Rs.55,300 on October 15
Over all performance	Rising
% Change	+1.61%

Silver Rates	1 Kg
1 ^st September rate	Rs.58,000
30^th September rate	Rs.62,000
Highest rate in September	Rs.63,000 on September 22
Lowest rate in September	Rs.58,000 on September 1
Over all performance	Rising
% Change	+6.90%

Silver Rates	1 Kg
1 ^st August rate	Rs.63,300
31^st August rate	Rs.60,000
Highest rate in August	Rs.64,800 on August 13
Lowest rate in August	Rs.60,000 on August 29
Over all performance	Falling
% Change	-5.21%

Silver Rates	1 Kg
1 ^st July rate	Rs.65,000
31^st July rate	Rs.63,700
Highest rate in July	Rs.65,000 on July 1
Lowest rate in July	Rs.60,000 on July 27
Over all performance	Falling
% Change	-2%

Silver Rates	1 Kg
1 ^st June rate	Rs.67,000
30^th June rate	Rs.65,100
Highest rate in June	Rs.68,500 on June 3
Lowest rate in June	Rs.65,100 on June 30
Over all performance	Falling
% Change	-2.84%

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.