Silver Rate Today In India 2024 – Silver Price In India

Silver Rate Today in India is ₹949/10 grams. The rate for 100 grams is ₹9,490, and for 1 kilogram, the price stands at ₹94,000. These rates reflect the current trading figures as of July 17, 2024, offering insights into the precious metal market dynamics within the country.
Silver Price Today In India 2024 - Silver Price In India

Silver Rate Today In India

Silver Rate Today in India is ₹911/10 grams. The rate for 100 grams is ₹9,110, and for 1 kilogram, the price stands at ₹91,100. These rates reflect the current trading figures as of July 23, 2024, offering insights into the precious metal market dynamics within the country.

Silver Price In India Chart

Silver Price In India as of 23/07/2024:

Dates10 gram100 gram1 kg
Jul 23, 2024₹911₹9,110₹91,100
Jul 22, 2024₹914₹9,140₹91,400
Jul 21, 2024₹915₹9,150₹91,500
Jul 20, 2024₹915₹9,150₹91,500
Jul 19, 2024₹932₹9,325₹93,250
Jul 18, 2024₹947₹9,470₹94,700
Jul 17, 2024₹960₹9,600₹96,000
Jul 16, 2024₹950₹9,500₹95,000
Jul 15, 2024₹952₹9,520₹95,200
Jul 14, 2024₹955₹9,550₹95,500

Silver Rate In Metro Cities

Silver Price of Metro Cities In India as of 23/07/2024:

City10 gram100 gram1 kg
Chennai₹ 956₹ 9,560₹ 95,600
Mumbai₹ 911₹ 9,110₹ 91,100
Delhi₹ 911₹ 9,110₹ 91,100
Kolkata₹ 911₹ 9,110₹ 91,100
Bangalore₹ 910₹ 9,100₹ 91,000

Silver Rate In India – Quick Summary

Silver prices in India have generally exhibited fluctuations, influenced by both domestic and international factors such as industrial demand, inflation rates, and global economic conditions. Recently, prices have shown some stability but remain responsive to market trends and currency value changes, making it a dynamic component of the commodities market.

Silver Price Today In India – FAQs

What Is The Price Of Silver In India?

The Silver rate today in India, as of 23/07/2024 are as follows:

  • 10 Gram Silver Rate: ₹911
  • 100 Gram Silver Rate: ₹9110
  • 1 KG Silver Rate: ₹91,100

What are the Benefits Of Investing In Silver In India?

The Benefits of Investing in silver in India offers diversification in portfolios, serves as a hedge against inflation, and provides potential for significant returns. Its industrial demand and cultural significance enhance its value, making it a resilient and accessible investment choice.

How Can You Get Silver Insured In India?

To insure silver in India, you can approach an insurance company that offers coverage for valuables or precious metals. You’ll need to provide proof of ownership and possibly an appraisal. Adding a rider to your home insurance policy is another option to cover silver against theft, loss, or damage. It’s advisable to compare policies and ensure adequate coverage based on the silver’s current market value.

How Much Silver Does India Import?

In the first four months of 2024, India imported a record 4,172 metric tons of silver, surpassing the entire year’s import of 2023. This surge is attributed to increased demand for solar panels and heightened investor interest, reflecting a significant uptick in silver imports.

Why Should You Invest In Silver In India?

Investing in silver in India is beneficial due to its portfolio diversification potential, inflation protection, and significant industrial usage. It’s more affordable than gold, culturally valued, and highly liquid, making it an accessible and valuable asset for both protection and potential growth in investment portfolios.

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