Silver is considered as one of the precious metals in Mangalore, a major commercial center in the Indian state of Karnataka. People from different age groups use silver in form of gifts during weddings, festivals, temple jewelry, pujas, and other auspicious occasions. Silver is treated as a precious metal among these people, which can be an effective hedge against inflation. Since Silver Rates in Mangalore are underpriced than gold, it is used in most traditional and authentic silk sarees as well.
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.