Silver Price Today: The Indian bullion market witnessed a rise in silver prices alongside gold, leaving customers disappointed. Early Sunday morning, the price of 999-purity silver surged by ₹5,000. If a wedding or marriage ceremony is coming up in your family, now might be a good time to purchase silver.
Key Takeaways
Quick Read- Daily Increase: ₹5,000 per kilogram.
- Current Rate (999 Purity): ₹280,000 per kilogram.
- Previous Rate (Saturday): ₹275,000 per kilogram.
In the market, purchasing 1 kilogram of silver currently requires an expenditure of up to ₹280,000 per kilogram. If you let this opportunity to buy silver slip away, prices could rise even further in the future.
key highlights
Major Price Surge
The price of silver has experienced a sharp hike, making it considerably more expensive for industrial buyers and jewellery consumers alike.
- Daily Increase: ₹5,000 per kilogram.
- Current Rate (999 Purity): ₹280,000 per kilogram.
- Previous Rate (Saturday): ₹275,000 per kilogram.
🏙️ Uniform Pricing Across Cities
Unlike gold, which showed some regional stability in the South, silver prices have risen uniformly across the following major hubs:
- New Delhi
- Mumbai
- Kolkata
- Lucknow
- Bhopal
- Ghaziabad
- Meerut
Check Silver Prices in These Cities
In the national capital, New Delhi, the price of 999-purity silver rose by ₹5,000, reaching a total of ₹280,000 per kilogram. Just a day earlier, the silver rate here was trending at ₹275,000 per kilogram.
In Mumbai, 999-purity silver recorded a rise of ₹5,000, reaching a total of ₹280,000 per kilogram. The previous day, silver had traded here at ₹275,000 per kilogram. In Kolkata as well, the rate for 999-purity silver was recorded at ₹280,000 per kilogram; a day earlier, the price had been trending at ₹275,000 per kilogram.
In Lucknow, 999-purity silver rose by ₹5,000, trending at a total of ₹280,000 per kilogram. The previous day, the silver rate here stood at ₹275,000 per kilogram. In Bhopal, the price of 999-purity silver reached a total of ₹280,000 per kilogram following an increase of ₹5,000. In Ghaziabad, 999-purity silver was observed trading at ₹280,000 per kilogram, following a surge of ₹5,000. Just the previous day—Saturday—the price of silver in the city was seen trading at ₹275,000 per kilogram. Similarly, in Meerut, 999-purity silver rose by ₹5,000 to reach a total of ₹280,000 per kilogram, whereas the price had stood at ₹275,000 per kilogram just a day earlier.
Note:
If you intend to invest in 999-purity silver within the Indian bullion market, it is advisable to consult with experts beforehand. Silver has a history of volatile price movements; therefore, it is prudent to proceed with an investment only after gathering adequate information. Timesbull.com has published this report regarding silver prices based on data sourced from BankBazaar.com. Our objective is not to mislead anyone, but rather to provide information.
