Interested in financial products
CreditMantri
Processing

Today Silver Rates In Hyderabad

25 Jul 2021

gold rate

₹66.26

( Per Gram )

gold rate

₹66259

1 Kg

TodayYesterdayChange(%)
1 gram66.2666.31-0.08%
10 gram6625966304-0.07%

Silver Rates In Hyderabad for Last 90 Days

25 Jul 2021

Date1 gramBar Silver 1KG
2021-07-2566.2666,259
2021-07-2466.3166,304
2021-07-2367.8666,864
2021-07-2267.5366,532
2021-07-2166.6865,683
2021-07-2066.4166,407
2021-07-1968.7367,730
2021-07-1868.7467,735
2021-07-1768.7667,754
2021-07-1669.4069,397
2021-07-1569.0269,024
2021-07-1469.5768,568
2021-07-1369.1069,098
2021-07-1269.7368,736
2021-07-1169.7368,736
2021-07-1069.8668,868
2021-07-0969.5468,537
2021-07-0869.2069,201
2021-07-0769.2169,205
2021-07-0670.5269,527
2021-07-0570.6769,677
2021-07-0470.6769,677
2021-07-0370.7169,711
2021-07-0269.6568,649
2021-07-0169.6268,612
2021-06-3068.7567,751
2021-06-2969.5768,571
2021-06-2869.5268,513
2021-06-2768.4868,479
2021-06-2668.3068,305
2021-06-2568.1568,157
2021-06-2468.0168,013
2021-06-2368.8567,843
2021-06-2268.1668,162
2021-06-1968.8467,835
2021-06-1868.9467,935
2021-06-1771.3171,312
2021-06-1672.7471,730
2021-06-1572.1072,104
2021-06-1472.3072,296
2021-06-1372.3072,296
2021-06-1272.4072,395
2021-06-1172.1372,129
2021-06-1072.8371,836
2021-06-0971.3571,351
2021-06-0872.8971,888
2021-06-0772.6671,659
2021-06-0672.6671,659
2021-06-0572.5571,546
2021-06-0471.9070,901
2021-06-0373.6172,612
2021-06-0272.9771,972
2021-06-0172.8871,885
2021-05-3171.4771,466
2021-05-3071.4771,466
2021-05-2971.2671,263
2021-05-2872.6071,597
2021-05-2771.1571,154
2021-05-2672.0172,011
2021-05-2572.5071,503
2021-05-2471.0471,046
2021-05-2371.0471,046
2021-05-2271.0871,083
2021-05-2172.6471,633
2021-05-2071.2171,209
2021-05-1973.8972,892
2021-05-1873.9772,974
2021-05-1771.0471,043
2021-05-1671.0471,043
2021-05-1571.9370,921
2021-05-1470.3470,345
2021-05-1371.6270,617
2021-05-1272.5571,546
2021-05-1171.9570,941
2021-05-1071.1371,132
2021-05-0971.1371,132
2021-05-0871.1071,099
2021-05-0771.1071,102
2021-05-0669.0769,074
2021-05-0569.0169,015
2021-05-0470.1670,155
2021-05-0368.8867,878
2021-05-0268.8867,878
2021-05-0168.8867,878
2021-04-3068.4668,462
2021-04-2969.0569,048
2021-04-2869.3669,352
2021-04-2769.1869,177
2021-04-2669.8268,821
2021-04-2569.8268,821

Historical Price of Silver Rate In Hyderabad

Trend of Silver Rate in Hyderabad for February 2021 (Rates per gram for 1Gram / 1Kg Silver)

Silver Rates1 gram1 Kg
February 1st Rate69.4269,416
February 28th Rate64.0964,083
Highest February Rate75.6974,683
Lowest February Rate64.0964,083

Trend of Silver Rate in Hyderabad for March 2021 (Rates per gram for 1Gram / 1Kg Silver)

Silver Rates1 gram1 Kg
March 1st Rate62.0362,033
March 31th Rate69.4269,416
Highest March Rate69.4669,454
Lowest March Rate62.0362,033

Trend of Silver Rate in Hyderabad for April 2021 (Rates per gram for 1Gram / 1Kg Silver)

Silver Rates1 gram1 Kg
April 1st Rate68.4668,462
April 30th Rate63.1263,120
Highest April Rate71.6470,639
Lowest April Rate63.1263,120

Trend of Silver Rate in Hyderabad for May 2021 (Rates per gram for 1Gram / 1Kg Silver)

Silver Rates1 gram1 Kg
May 1st Rate71.4771,466
May 31th Rate68.8867,878
Highest May Rate73.9772,974
Lowest May Rate68.8867,878

Trend of Silver Rate in Hyderabad for June 2021 (Rates per gram for 1Gram / 1Kg Silver)

Silver Rates1 gram1 Kg
June 1st Rate68.7567,751
June 30th Rate72.8871,885
Highest June Rate73.6172,612
Lowest June Rate68.7567,751

Trend of Silver Rate in Hyderabad for July 2021 (Rates per gram for 1Gram / 1Kg Silver)

Silver Rates1 gram1 Kg
July 1st Rate66.2666,259
July 25th Rate69.6268,612
Highest July Rate70.7169,711
Lowest July Rate66.6865,683

Introduction

Silver is traditionally considered to be one of the most precious metals in our civilization. While metals like iron and copper are quite sturdy and have been traditionally used for kitchen purposes as well as for heavy equipment or machinery, metals like silver and gold have been considered to be precious and even auspicious in many cases.

Silver and gold along with precious and rare diamonds has also been considered royalty and has held a very sacred place in traditional rituals as well. Silver is like any other tradable commodity that is traded in recognized markets around the world. Silver rates fluctuate on a daily basis and customers have to track the rates continuously in order to get the best price while purchasing silver for personal use or as an investment.

Rate of Silver in Hyderabad

The final rate of silver depends on many factors and the customer has to track the daily rate of silver to get the best price for the same. The various factors affecting silver price range from basic demand and supply of the metal along with other considerations like industrial factors, individual preferences as well as the additional costs involved in purchasing silver. The current rates of silver in the city of Hyderabad are mentioned below.

Daily Silver Rates in Hyderabad

Silver Rate – 10 Gram (Rs.)

Silver Rate – 100 Gram (Rs.)

Silver Rate – 1 KG (Rs.)

25th Oct 2020

625

6250

62500

24th Oct 2020

625

6250

62500

23rd Oct 2020

626

6260

62600

22nd Oct 2020

630

6300

63000

21st Oct 2020

635

6350

63500

20th Oct 2020

620

6200

62000

19th Oct 2020

627.5

6275

62750

18th Oct 2020

617

6170

61700

17th Oct 2020

617

6170

61700

16th Oct 2020

616

6160

61600

15th Oct 2020

610

6100

61000

14th Oct 2020

620

6200

62000

Highlights of Silver Rates for the past month

Rate of Silver at the start of the past month was Rs. 62.36 per gram and Rs. 62362 per kg. The final rate of silver at the close of the past month i.e. on 30th September 2020 was Rs. 72.21 per gram and Rs. 72210 per kg. The highest price of Silver in the month of September was at its closing rate mentioned above. The lowest rate of Silver for the month of September was Rs. 58.39 per gram and Rs. 58387 per kg.

Silver can be traded in the commodity market as well. Persons who want to trade in silver also have to track the prices of the commodity to make the correct trades and to maximize their profits.

Factors that affect Silver Rates

Hyderabad has a very rich culture and silver is an integral part of its heritage. Silver as mentioned above is not only used for personal use but is also a very important investment tool or commodity. The factors affecting the prices of silver in the city of Hyderabad are multifold like the primary demand and supply forces as well the ancillary and associated factors. Some of the factors that affect the prices of Silver in Hyderabad are mentioned below.

Individual Demand

The demand for this precious metal is the driving force behind the prices for Silver in any city or State. The demand for silver is considered in all its forms like coins, bars, household items and jewellery.

Industrial Demand

The industrial demand for silver refers to the demand for the metal in bulk quantity. Silver can be used for personal as well as industrial purposes. The industrial demand apart from the individual demand are the two crucial factors that weigh on the demand side of the price dynamics for silver.

Gold Prices

Gold is another precious metal that is heavily traded in the commodity market. Gold prices are also an important factor in determining the prices for silver. When Gold prices are on the rise like in the current market, silver prices also tend to follow these trends.

Inflation

Inflation in any country is another reason or factor that can alter the prices of silver. Inflation of our country is also affected by inflation of other countries. Customers can track the inflation of any country on a regular basis in order to get the best prices of metal.

Mining Cost

The mining cost of silver is also a driving force for the prices of the silver across the country. The mining cost is considered as a direct cost component that will affect the prices of silver.

Import Costs

Imports costs are part of the ancillary costs associated with the final pricing of this precious metal. Import costs are directly dependent on the demand for silver. This demand will include the individual market demand as well as the industrial demand for silver.

Factors to Consider while Purchasing Silver in Hyderabad

Like the many factors that are considered or associated with the cost of silver, there are many factors that are to be considered while making the decision to purchase silver. These factors range from the cost involved to buying the commodity at the right time. The details of such factors are mentioned below.

Form of Silver to be purchased

Silver can be bought for investment or personal use in any of the available forms. These forms include silver bars, silver coins, silver jewellery and silver household items. Silver can be purchased in any such form at the available or prevailing rates. This decision is primary in the consideration for purchasing silver.

Rate of Silver

The prevailing rate of silver is another important consideration for purchasing silver. Customers are benefited by tracking the rates of silver on a daily basis. This will ensure that customers get the best price for the product and maximize their profits if silver is purchased for investment purposes.

Silver Certification

Hyderabad city provides certification for the silver that is to be purchased by the customers. It is recommended that customers purchase certified silver. This will ensure the purity and the authenticity of the silver that is purchased by the customers.

Mode of Purchase

Another important consideration while purchasing silver is the mode of purchase of such metal. Customers can now purchase silver through various e-commerce websites. Online purchase of silver has made it extremely easy and convenient for the customers to acquire silver in retail or bulk for personal use or investment purposes. Customers have to ensure proper certification and authenticity of the website before making a purchase so as to avoid being victim of any fraud or theft of the silver purchased.

Silver can be purchased for investment purposes through the notified exchanges. Through such notified exchanges silver can be purchased in bulk quantities as well. India does not have any notified exchange for silver; hence, customers can trade through the notified silver exchange in the US market. Customers can also trade in silver through the futures market. The costs associated with trading silver in the futures market are slightly higher as compared to purchasing silver for personal use.

FAQs – Silver rate in Hyderabad

1. What are the forms in which silver can be traded in the exchange market or futures market?

The forms in which silver can be traded in the exchange market or futures market are silver coins, silver bars and bullions.

2. What is the highest purity that can be associated with silver?

The highest grade of purity that can be associated with silver is 0.9999.

3. Can a person trade in the silver through an exchange in India?

No. India does not have an exchange where silver can be traded. Customers can trade through the notified exchange in the US.

4. Does silver jewellery have any mark to ensure the purity and authenticity of the metal purchased?

Yes. Silver comes with the jeweler’s mark as well as the BIS (Bureau of Indian Standards) to ensure the authenticity and purity of silver purchased.

5. Can a customer purchase silver online?

Yes. Silver can be purchased online through various e-commerce websites but the customer has to ensure the authenticity and the purity of the metal before making a purchase so they can be sure that they are not defrauded or duped of their funds.

×Thank you! Your comment will be reviewed and posted shortly.

CreditMantri will never ask you to make a payment anywhere outside the secure CreditMantri website. DO NOT make payment to any other bank account or wallet or divulge your bank/card details to fraudsters and imposters claiming to be operating on our behalf.