Silver Price Today: Along with gold, silver prices are also experiencing a steady rise. Silver prices saw a slight decline on October 16th. Silver prices fell slightly ahead of Dhanteras. On October 16th, the price of silver fell by ₹1,000. The prices of gold and silver have left people extremely confused. Gold prices sometimes rise sharply, and at other times, they decline slightly.
The price of silver in Chennai remains above ₹2 lakh, while in Delhi, the cost of one kilogram of silver remains at ₹1,89,000. Silver prices remain at their highest levels due to increased demand during Diwali and Dhanteras, as well as international factors.
The demand for silver is increasing rapidly worldwide. Silver is mainly used in the manufacture of electronic goods and solar panels.
This is why the price of silver remains at its highest level in the international market. About 60 to 70 per cent of total demand comes from the industry. Recently, silver was trading at $52.84 per ounce in the global market, although it reached a record high of $53.62 per ounce on Tuesday.
What is the price of silver?
On October 16, the price of silver in Delhi remained at Rs 1,89,000 per kg. Meanwhile, the cost of one kilogram of silver in Chennai is trading at Rs 2,06,000.
The price of one kilogram of silver in Delhi is Rs 1,89,000.
The price of one kilogram of silver in Mumbai is Rs 1,89,000.
The price of one kilogram of silver in Ahmedabad is Rs 1,89,000.
The price of one kilogram of silver in Chennai is Rs 2,06,000.
The price of one kilogram of silver in Kolkata is Rs 1,89,000.
The price of 1 kilogram of silver in Gurugram is ₹1,89,000.
The price of 1 kilogram of silver in Lucknow is ₹1,89,000.
The price of 1 kilogram of silver in Bengaluru is ₹1,92,700.
The price of 1 kilogram of silver in Jaipur is ₹1,89,000.
The price of 1 kilogram of silver in Patna is ₹1,89,000.