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Silver Rate in Vellore (4th February 2023)

Feb 4, 2023
76 /Gram -1.80

Types of pure silver available in Vellore

If you are looking to buy silver in Vellore, to begin with you can buy based on the purity of silver. There are various grades in which you can buy silver including Grade 9999 and 9995, 9999 has the highest levels of purity. Once you buy silver, one f the important things to remember is to store them safely in the locker. For buyers of silver in Vellore one of the important things to remember is to look for finesse, as you are ensured good price when you sell the metal. One of the ways is to buy hallmarked silver, in which case you remain certain and remain satisfied on the quality of the silver. There are many apps these days that allow you to track the prices of silver in Vellore. One must now keep themselves abreast of silver rates, so as to get the best possible price

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

Gram Silver Rate
Today
Silver Rate
Yesterday
Daily Price Change
1 gram 76 77.80 -1.80
8 gram 608 622.40 -14.40
10 gram 760 778 -18
100 gram 7,600 7,780 -180
1 Kg 76,000 77,800 -1,800

Silver Rate in Vellore for Last 10 Days

Date 10 gram 100 gram 1 Kg
Feb 3, 2023 760.00 7,600.00 76000.00 -1800
Feb 2, 2023 778.00 7,780.00 77800.00 1800
Feb 1, 2023 760.00 7,600.00 76000.00 1500
Jan 31, 2023 745.00 7,450.00 74500.00 -200
Jan 30, 2023 747.00 7,470.00 74700.00 500
Jan 29, 2023 742.00 7,420.00 74200.00 0
Jan 28, 2023 742.00 7,420.00 74200.00 -400
Jan 27, 2023 746.00 7,460.00 74600.00 -400
Jan 26, 2023 750.00 7,500.00 75000.00 1000
Jan 25, 2023 740.00 7,400.00 74000.00 0

Weekly & Monthly Graph of Silver Price in India

Historical Price of Silver Rate in Vellore

  • Silver Price Movement in Vellore, January 2023
  • Silver Rates 1 Kg
    1 st January rate Rs.74,300
    31st January rate Rs.74,500
    Highest rate in January Rs.75,800 on January 16
    Lowest rate in January Rs.73,500 on January 6
    Over all performance Rising
    % Change +0.27%
  • Silver Price Movement in Vellore, December 2022
  • Silver Price Movement in Vellore, November 2022
  • Silver Price Movement in Vellore, October 2022
  • Silver Price Movement in Vellore, September 2022
  • Silver Price Movement in Vellore, August 2022

Where to find good silver articles to buy in Vellore?

There are a number of places where you can buy silver items. Remember, jewellers too sell silver, but, then you might end-up getting only silver coins and silver bars. If you are looking at silver articles, you can get them at specified places. Most of the city in Tami Nadu, including those in Vellore have many places where they sell silver items. Among the silver items that are being sold, include silver spoons, silver utensils, silver for religious things and so on. However, unlike silver coins and silver bars, where there is a possibility of checking purity of gold, in case of silver items it is hard to know what would be the purity of the silver. However, if you have doubts on the purity, you should take your silver items to the nearest essaying centre to have the same tested.

Prices of silver in Vellore could see stable trend

Silver rates in Vellore, through the year 2022 have been volatile. As we head into 2023, there is a possibility that rates could be volatile as the US Fed continues to hike interest rates. Silver and gold prices tend to fall, when Global Central banks hike interest rates. Right now, the US Fed officials have hiked interest rates several times this year, putting pressure on silver prices. However, the weak Indian rupee has been assisting silver rates across India to remain elevated or else we would have seen further fall in prices. If you are taking a long-term view on buying, than silver can generate good returns. However, gold and silver in the short to medium term do not see any impressive gains.


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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