Silver Rate in Solapur (4th February 2023)

Feb 4, 2023

73.80 /Gram -0.90

Buying silver items in Solapur

Silver is very popular in Solapur, particularly in the form of investment as small articles. Folks in Solapur tend to buy small silver articles like Silver plates, silver flower baskets, silver lamps etc. Several of these are popular for religious purposes. In fact, the demand for all of these products of silver have been on the rise in the city. One of the important things when buying products like silver baskets ot silver lamps is to see the price of Silver in Solapur. These days we have seen silver rates per 100 grams and silver rates per gram in Solapur, increasing sharply. Over a period of time, if the increase is very sharp, we may see demand for the metal falling. Nevertheless, if pries of Silver do fall in Solapur, it would be a good opportunity to invest for investors.

Today Silver Price Per Gram/Kg in Solapur (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

Check gold rate in Solapur

Silver Rate in Solapur 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 Solapur

Silver Price Movement in Solapur, January 2023

Silver Rates	1 Kg
1 ^st January rate	Rs.71,300
31^st January rate	Rs.72,300
Highest rate in January	Rs.72,900 on January 16
Lowest rate in January	Rs.71,000 on January 6
Over all performance	Rising
% Change	+1.40%

Silver Price Movement in Solapur, December 2022

Silver Price Movement in Solapur, November 2022

Silver Price Movement in Solapur, October 2022

Silver Price Movement in Solapur, September 2022

Silver Price Movement in Solapur, August 2022

Silver Rates	1 Kg
1 ^st December rate	Rs.63,600
31^st December rate	Rs.71,300
Highest rate in December	Rs.72,300 on December 27
Lowest rate in December	Rs.63,600 on December 1
Over all performance	Rising
% Change	+12.11%

Silver Rates	1 Kg
1 ^st November rate	Rs.59,500
30^th November rate	Rs.61,400
Highest rate in November	Rs.62,700 on November 15
Lowest rate in November	Rs.58,100 on November 3
Over all performance	Rising
% Change	+3.19%

Silver Rates	1 Kg
1 ^st October rate	Rs.56,900
31^st October rate	Rs.57,500
Highest rate in October	Rs.62,000 on October 1
Lowest rate in October	Rs.55,300 on October 15
Over all performance	Rising
% Change	+1.05%

Silver Rates	1 Kg
1 ^st September rate	Rs.51,600
30^th September rate	Rs.57,000
Highest rate in September	Rs.60,400 on September 10
Lowest rate in September	Rs.51,600 on September 1
Over all performance	Rising
% Change	+10.47%

Silver Rates	1 Kg
1 ^st August rate	Rs.58,000
31^st August rate	Rs.50,800
Highest rate in August	Rs.59,300 on August 13
Lowest rate in August	Rs.50,800 on August 31
Over all performance	Falling
% Change	-12.41%

Silver, a good investment option in Solapur

Silver has always been a good investment option, whether you are in Solapur or any other city in India. Having said that most investors in the country have preferred investment in gold, but, if you see the returns from both the metals have largely been same. Silver has one advantage in the sense you can buy larger quantities when compared to gold as the price of the metal is much cheaper than gold. We have advocated buying both silver and gold as a good means of diversification. In fact, investors who have invested in equities can always hedge their risk, by investing in both gold and silver. The only drawback that we have seen for investors is the sharp rise in prices of the precious metal over the last few weeks. That is why we have been telling our readers, not to rush into buying, but to hold till prices stabilize for silver in Solapur.

Silver rates rally in Solapur

Silver prices in Solapur have been constantly rallying and have now crossed the Rs 73,000 mark. We have seen a trend of prices rallying significantly in Solapur for both 1kg silver and also for 100 grams silver. Demand has also been on the rise for two things: First is for the purpose of silver jewellery and the second is also for silver coins and silver bars. The latter is preferred as to some extent one is sure of the purity in it. As far as hallmarked silver jewellery is concerned that is also easily available in Solapur, just like gold jewellery in Solapur. However, the demand for silver jewellery still needs to be strong, as the demand has not been so robust, because of elevated prices. A constant rally in silver prices, would finally weigh on demand in Solapur.

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.