Silver Rate Today: The prices of gold and silver saw a slight decline today. Silver prices saw a significant correction ahead of Dhanteras. Changes in gold and silver prices occur on a daily basis. Compared to Thursday, the price of silver fell by ₹4,000 on October 17th. This significant drop in silver prices happened within 24 hours. Diwali is just around the corner. People buy silver coins in large quantities, especially on Dhanteras. Silver prices in Chennai remain above ₹2 lakh. If you plan to buy a silver idol, coin, or utensil on Dhanteras, it’s advisable to check the latest silver prices beforehand.
Demand for silver is increasing rapidly worldwide. Silver is now increasingly used in electronic products and solar panels. Industry accounts for approximately 60 to 70 per cent of total demand.
The price of 1 kilogram of silver in Delhi is ₹185,000.
The price of 1 kilogram of silver in Mumbai is ₹1,85,000.
The price of 1 kilogram of silver in Ahmedabad is ₹1,85,000.
The price of 1 kilogram of silver in Chennai is ₹2,03,000.
The price of 1 kilogram of silver in Kolkata is ₹1,85,000.
The price of 1 kilogram of silver in Gurugram is ₹1,85,000.
The price of 1 kilogram of silver in Lucknow is ₹1,85,000.
The price of 1 kilogram of silver in Bengaluru is ₹1,93,900.
The price of 1 kilogram of silver in Jaipur is ₹1,85,000.
The price of 1 kilogram of silver in Patna is ₹1,85,000.
To test silver, place a piece of ice on the silver. If the ice melts quickly, it’s genuine. Also, drop a silver coin on the ground and see if it makes a bell-like sound. So that could be real silver.