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Silver Rate in Rajkot (4th February 2023)

Feb 4, 2023
73.80 /Gram -0.90

Silver rates in Rajkot have been rising through the months and many investors see a demand based recovery. 

Today Silver Price Per Gram/Kg in Rajkot (INR)

Gram Silver Rate
Today
Silver Rate
Yesterday
Daily Price Change
1 gram 73.80 74.70 -0.90
8 gram 590.40 597.60 -7.20
10 gram 738 747 -9
100 gram 7,380 7,470 -90
1 Kg 73,800 74,700 -900

Silver Rate in Rajkot for Last 10 Days

Date 10 gram 100 gram 1 Kg
Feb 3, 2023 738.00 7,380.00 73800.00 -900
Feb 2, 2023 747.00 7,470.00 74700.00 1400
Feb 1, 2023 733.00 7,330.00 73300.00 1000
Jan 31, 2023 723.00 7,230.00 72300.00 -100
Jan 30, 2023 724.00 7,240.00 72400.00 200
Jan 29, 2023 722.00 7,220.00 72200.00 0
Jan 28, 2023 722.00 7,220.00 72200.00 -400
Jan 27, 2023 726.00 7,260.00 72600.00 0
Jan 26, 2023 726.00 7,260.00 72600.00 100
Jan 25, 2023 725.00 7,250.00 72500.00 0

Weekly & Monthly Graph of Silver Price in India

Historical Price of Silver Rate in Rajkot

  • Silver Price Movement in Rajkot, January 2023
  • Silver Rates 1 Kg
    1 st January rate Rs.71,300
    31st January rate Rs.72,300
    Highest rate in January Rs.74,400 on January 7
    Lowest rate in January Rs.71,000 on January 6
    Over all performance Rising
    % Change +1.40%
  • Silver Price Movement in Rajkot, December 2022
  • Silver Price Movement in Rajkot, November 2022

Are online prices of silver in Rajkot cheaper?

One of the most important things to do when buying silver is to get the best possible price and hence comparison becomes inevitable. Te question that then arises is: Is silver prices in Rajkot cheaper online. There are a few things you must look at when comparing with online prices. The first is that when you buy physical silver jewellery, there is a potential to bargain. But, in the case of online jewellery, there is no potential for bargaining. We do not believe that silver rates in Rajkot today are cheaper online, because of your inability to bargain. Apart from this you cannot examine the piece of jewellery physically and would be disappointed if it does not turn to be upto the mark. Therefore, our suggestion to buyers has always been to buy physically and not online. For those who struggle to shop outside, there are no options then.

Is hallmarked silver jewellery available in Rajkot?

Along with gold, hallmarking of silver jewellery has been made mandatory. However, there is no mechanism to hallmark other silver items like silver spoons, silver utensils and other silver products, which are also very popular as far as buyers in Rajkot are concerned. Hallmarking is a very important norm that was introduced by the Bureau of Indian Standards. However, we are not certain as to whether all of the places sell hallmarked silver jewellery in Rajkot. The one good thing is that one can also buy silver gold and silver bars, which may not need to necessarily be hallmarked. Today, even many banks sell pure silver coins and silver bar, which ensures the purity of the metal. We have been advocating investors to look to hallmarked jewellery of silver, which will ensure that you get your value for money.

How silver rates in Rajkot are determined?

Often we think that during the festive season silver prices would rise. This is not the case. Silver rates are largely determined on the basis of trades that take place in the world markets, from which prices are derived. These days we are seeing very firm trend for silver rates, which has pushed silver prices higher in Rajkot as well. Some investors look to silver as an investment, as gold rates are high and they have barely fallen. Affordability wise also gold is better placed, which is why it is preferred. The demand for silver has not diminished over the years, which is why it is till sought after. These days the ability to buy silver has largely evolved from buying online to buying silver through the physical means. Apart from this technology to check and measure the purity is evolved with the latest state of the art equipment.

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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