Silver Price Today In India
Silver price in India today is ₹914/10 grams. The price for 100 grams is ₹9,140 and the price for 1 kg is ₹91,400. These prices reflect current trading data as of December 20, 2024, which gives information about the dynamics of the precious metal market within the country.
Silver Price In India
The following table shows the last 10 days of silver price data from 11-12-2024 to 20-12-2024.
Date | 10 grams (₹) | 100 grams (₹) | 1 Kg (₹) |
Dec 20, 2024 | ₹914 | ₹9,140 | ₹91,400 |
Dec 19, 2024 | ₹915 | ₹9,150 | ₹91,500 |
Dec 18, 2024 | ₹925 | ₹9,250 | ₹92,500 |
Dec 17, 2024 | ₹925 | ₹9,250 | ₹92,500 |
Dec 16, 2024 | ₹925 | ₹9,250 | ₹92,500 |
Dec 15, 2024 | ₹925 | ₹9,250 | ₹92,500 |
Dec 14, 2024 | ₹925 | ₹9,250 | ₹92,500 |
Dec 13, 2024 | ₹935 | ₹9,350 | ₹93,500 |
Dec 12, 2024 | ₹965 | ₹9,650 | ₹96,500 |
Dec 11, 2024 | ₹955 | ₹9,550 | ₹95,500 |
Silver Rate In Metro Cities
Silver Price of Metro Cities In India as of 20/12/2024:
City | 10 gram | 100 gram | 1 kg |
Chennai | ₹989 | ₹9,890 | ₹98,900 |
Mumbai | ₹914 | ₹9,140 | ₹91,400 |
Delhi | ₹914 | ₹9,140 | ₹91,400 |
Kolkata | ₹914 | ₹9,140 | ₹91,400 |
Bangalore | ₹914 | ₹9,140 | ₹91,400 |
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 20/12/2024, are as follows:
- Price of 10 grams of silver: ₹914
- Price of 100 grams of silver: ₹9,140
- Price of 1 kg of silver: ₹91,400
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.