Silver Rate Today: Along with gold, silver prices are also declining steadily. If you’re considering buying silver along with gold, there’s good news. Silver prices dropped slightly on Tuesday, October 28th. Silver prices fell by ₹100 compared to yesterday. In Chennai, the price was ₹170,000 per kg yesterday, but today it has fallen to ₹169,900. In Delhi, the price of silver has fallen from ₹155,000 per kg to ₹154,900. Silver prices fell sharply before the festival season began. However, since Diwali, gold prices have been steadily declining. Now, after the festival is over, silver prices have fallen below ₹170,000 per kg. So, let’s take a look at the price of silver in your city.
Why is the silver rate falling?
Market experts say that after heavy buying during the festivals, demand has now declined, leading to a drop in prices. Meanwhile, the US-China talks have also reduced the demand for gold and silver as safe havens. Some experts believe that this decline is temporary and that silver may rise again in the coming days due to industrial demand.
Silver Latest Rate City-wise
The price of 1 kilogram of silver in Delhi is ₹1,54,900.
The price of 1 kilogram of silver in Mumbai is ₹1,54,900.
The price of 1 kilogram of silver in Ahmedabad is ₹1,54,900.
The price of 1 kilogram of silver in Chennai is ₹1,69,100.
The price of 1 kilogram of silver in Kolkata is ₹1,54,900.
The price of 1 kilogram of silver in Gurugram is ₹1,54,900.
The price of 1 kilogram of silver in Lucknow is ₹1,54,900.
The price of 1 kilogram of silver in Bengaluru is ₹1,54,900.
The price of 1 kilogram of silver in Jaipur is ₹1,54,900.
The price of 1 kilogram of silver in Patna is ₹1,54,900.