Silver Price Update – Silver has once again taken a significant leap, making purchasing it quite difficult. While silver prices have been fluctuating for quite some time, the sudden price increase is expected to disrupt everyone’s budget. Silver prices appeared out of control on Thursday morning.
The sudden increase in silver prices by up to ₹8,000 has disrupted everyone’s budget, leaving consumers disappointed. If you’re planning to buy silver, don’t delay. We’re going to tell you about silver prices in some cities, which will surely disrupt your budget. Find out the city-wise breakdown below.
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Know the rate of 1 kilogram of silver in these cities
The price of 999 purity silver in New Delhi has risen by ₹8,000 per kilogram, reaching ₹207,000 per kilogram. A day earlier, on Wednesday, the price of silver was ₹199,000 per kilogram.
In Mumbai, 999 purity silver has risen by ₹8,000 per kilogram. The price here is now trending above ₹207,000 per kilogram. In Chennai, silver is also trading at ₹207,000 per kilogram after an increase of ₹8,000.
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In Bangalore, the price of 1 kilogram of silver is hovering around ₹207,000. In Lucknow, 999 purity silver is trending at ₹207,000 per kilogram after an increase of ₹8,000. The price of 999 purity silver in Lucknow is trending at ₹207,000 per kilogram. Silver prices in Vijayawada are also experiencing a dramatic rise.
Silver Breaking Records
For information, the price of silver in the Indian bullion market has surprised everyone. Its price shows no signs of stopping. The continuously rising prices are enough to disrupt the budget. If you’re planning to buy silver, you might want to wait a bit longer.
This is because its price may decline in the coming days. However, the situation is currently worsening. Silver prices rose sharply during the festive season, but then suddenly fell.