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Today Silver Rates In Jharkhand

20 Jan 2021

gold rate

₹64.82

( Per Gram )

gold rate

₹64817

1 Kg

TodayYesterdayChange(%)
1 gram64.8264.820.00%
10 gram64817648170.00%

Silver Rates In Jharkhand for Last 90 Days

20 Jan 2021

Date1 gramBar Silver 1KG
2021-01-2065.8264,817
2021-01-1965.8264,817
2021-01-1865.8264,817
2021-01-1765.7964,789
2021-01-1665.7864,781
2021-01-1567.0467,037
2021-01-1467.5566,552
2021-01-1367.7566,745
2021-01-1266.8565,849
2021-01-1167.7266,713
2021-01-1067.7266,713
2021-01-0965.4565,447
2021-01-0871.4871,473
2021-01-0771.8770,870
2021-01-0672.0772,062
2021-01-0571.9970,984
2021-01-0469.9668,963
2021-01-0369.9668,963
2021-01-0269.9668,963
2021-01-0169.7368,736
2020-12-3169.3269,325
2020-12-3069.5968,591
2020-12-2969.2569,249
2020-12-2868.1768,172
2020-12-2768.9067,903
2020-12-2668.9067,903
2020-12-2568.9267,925
2020-12-2468.8967,891
2020-12-2367.6466,636
2020-12-2269.1669,158
2020-12-2168.9167,918
2020-12-2068.9167,918
2020-12-1968.9367,932
2020-12-1868.2668,265
2020-12-1766.7965,786
2020-12-1664.4064,403
2020-12-1563.9062,908
2020-12-1463.1563,151
2020-12-1363.1563,151
2020-12-1263.2663,261
2020-12-1163.1763,171
2020-12-1062.4962,492
2020-12-0965.9664,957
2020-12-0865.9164,910
2020-12-0764.8563,849
2020-12-0664.8563,849
2020-12-0564.7063,707
2020-12-0463.3063,303
2020-12-0363.2763,276
2020-12-0263.9362,935
2020-12-0160.6959,686
2020-11-3058.2058,199
2020-11-0364.7463,737
2020-11-0263.5662,565
2020-11-0163.0963,088
2020-10-3163.0563,049
2020-10-3062.0662,064
2020-10-2962.0362,034
2020-10-2864.4764,472
2020-10-2764.3264,320
2020-10-2665.9464,937
2020-10-2565.9464,937
2020-10-2465.8564,853
2020-10-2365.0165,007
2020-10-2266.9365,927
2020-10-2165.1565,147
2020-10-2064.6363,627
2020-10-1963.4463,438
2020-10-1863.4463,438
2020-10-1764.6863,683
2020-10-1664.5163,516
2020-10-1564.6763,674
2020-10-1463.4163,416
2020-10-1366.8865,878
2020-10-1266.6165,604
2020-10-1166.6165,604
2020-10-1065.3365,333
2020-10-0963.5862,586
2020-10-0862.3462,344
2020-10-0762.2162,214
2020-10-0664.7363,731
2020-10-0562.1562,153
2020-10-0462.1562,153
2020-10-0362.4862,484
2020-10-0263.7762,775
2020-10-0162.5161,502
2020-09-3064.1364,135
2020-09-2962.3962,394
2020-09-2860.3460,338
2020-09-2760.3460,338

Historical Price of Silver Rate In Jharkhand

Trend of Silver Rate in Jharkhand for October 2020 (Rates per gram for 1Gram / 1Kg Silver)

Silver Rates1 gram1 Kg
October 1st Rate63.0563,049
October 31th Rate62.5161,502
Highest October Rate66.9365,927
Lowest October Rate62.5161,502

Trend of Silver Rate in Jharkhand for November 2020 (Rates per gram for 1Gram / 1Kg Silver)

Silver Rates1 gram1 Kg
November 1st Rate58.2058,199
November 30th Rate63.0963,088
Highest November Rate64.7463,737
Lowest November Rate58.258,199

Trend of Silver Rate in Jharkhand for December 2020 (Rates per gram for 1Gram / 1Kg Silver)

Silver Rates1 gram1 Kg
December 1st Rate69.3269,325
December 31th Rate60.6959,686
Highest December Rate69.3269,325
Lowest December Rate60.6959,686

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

Silver Rates1 gram1 Kg
January 1st Rate65.8264,817
January 20th Rate69.7368,736
Highest January Rate72.0772,062
Lowest January Rate65.7864,781

Trend of Silver Rate in Jharkhand for September 2020 (Rates per gram for 1Gram / 1Kg Silver)

Silver Rates1 gram1 Kg
September 1st Rate64.1364,135
September 30th Rate74.2674,263
Highest September Rate74.2674,263
Lowest September Rate60.0560,047

Trend of Silver Rate in Jharkhand for August 2020 (Rates per gram for 1Gram / 1Kg Silver)

Silver Rates1 gram1 Kg
August 1st Rate73.2673,257
August 31th Rate65.3665,358
Highest August Rate78.9777,972
Lowest August Rate65.0965,090

Trend of Silver Rate in Jharkhand for July 2020 (Rates per gram for 1Gram / 1Kg Silver)

Silver Rates1 gram1 Kg
July 1st Rate63.1163,117
July 31th Rate49.1849,181
Highest July Rate69.3669,363
Lowest July Rate48.9647,962

Trend of Silver Rate in Jharkhand for June 2020 (Rates per gram for 1Gram / 1Kg Silver)

Silver Rates1 gram1 Kg
June 28th Rate48.2448,235
June 30th Rate48.0948,085
Highest June Rate48.2448,235
Lowest June Rate48.0948,085

Introduction

Jharkhand is considered to be the mineral reserve of our country. It comprises of more than 40% of the mineral reserves of India. Jharkhand has many silver mines that make it a rich source of the metal. Silver is traditionally considered to be a precious metal along with gold. It holds a place of importance in the culture and heritage of our country and is not only used as jewellery but also for medicinal, industrial and commercial purposes.

Apart from the above purposes, this metal can also be used as a profitable source of investment. Silver is priced far less as compared to gold and hence it makes it an easier investment option. Whether you’re looking to purchase silver for personal use or as an investment, it is important to take a note of the silver rates in the state of Jharkhand. In this guide, you can find all the required details relating to the prices of silver in Jharkhand.

Prices of Silver in Jharkhand

Prices of this precious metal are constantly changing and are therefore required to be tracked on a regular basis.

Points to be Considered while Purchasing Silver

Customers have to consider various factors at the time of purchasing silver to ensure that they get it at the most optimum prices as well as desired purity level. These considerations are mentioned below.

  • Purpose of purchasing silver is the primary consideration while making such purchase. Purpose will also help the customers choose the best form of silver to be purchased to get maximum resale value.
  • Determining the form of silver for purchase is also an important consideration while making the purchase decision of this metal. The form can be silver coins, silver bars or bullions, silver household items or even silver jewellery.
  • Prices of silver are one of the most crucial points of consideration while purchasing silver. For this purpose, customers need to track the silver prices on a regular basis to get the most optimum price while purchasing silver.
  • Silver should be bought from a trusted and reputed source to ensure that the metal purchased is authentic and not a fake.
  • Customers must also ensure that silver that they purchase in any form has all the necessary markings on its surface to verify and authenticate its purity.

How to check the purity of silver?

Silver can be procured in many forms as mentioned above. Silver is graded based on its purity levels. The purity of the precious metal is showcased in the form of percentage. The purest form of silver is 99.9% and is considered to be without any contamination or adulteration. Silver is often combined with other metals or alloys to make it sturdy and avoid deterioration over the period of years. This eventually reduces the purity levels of silver and hence it is then graded or certified accordingly.

The various levels of purity provided to silver is tabled below.

Grade

Fineness

9999

999.9

9995

999.5

999

999.0

990

990.0

970

970.0

925

925.0

900

900.0

835

835.0

800

800.0

According to the above levels of purity, the rates of silver are affected. Customers can ensure the purity of silver they purchase by checking the various markings on such metal.

Authentication Markings on Silver

There are many authentication markings that are placed on the surface of this metal to assure the customers of its purity and authenticity. These markings are essential at the time of resale of silver in any form. It will assure that the buyers and sellers get the best price for their silver and are also assured of the genuineness of their purchase.

The various markings placed on silver to validate its purity are mentioned below.

  • Jeweler’s / Manufacturer’s Identification Symbol
  • Marking Year
  • BIS (Bureau of Indian Standards) Mark
  • Assay Centre’s identification mark
  • Purity Grade Indicator

Where to purchase silver in Jharkhand?

Silver has to be purchased through authentic sources for the purchase to be genuine. Customers are thus assured of not only the purity of the silver in any form purchased but also of the seller. There may be a chance that customers may be faced with a fraud or are duped of their funds if such sources are not genuine.

Following are the certified sources of buying or selling silver.

  • Private dealers
  • Certified e-commerce sellers
  • Certified jewelers
  • Banks
  • Authorized sellers

Customers can buy silver in any of the following available forms from these above sources.

  • Silver coins
  • Silver jewellery
  • Silver bars 
  • Silver Bullions
  • Silver household items

FAQs - Silver Rate in Jharkhand

1. Where can silver be traded?

Silver can be traded on various platforms like futures market, commodity market or ETFs. ETF is not available in our country and hence can be traded on an ETF available in the US market.

2. What are the various sizes of silver coins available in the market?

The various sizes of silver coins available in the market are 1 gram, 2 gram, 5 gram, 10 gram, 15 gram, 25 gram, 40 gram, 50 gram, 100 gram, 200 gram, 500 gram and 1000 gram or 1 kg.

3. What is the maximum purity of silver available in the market?

The maximum purity of silver available to customers is 99.9%.

4. What are the factors that influence the prices of silver in any market?

Silver prices are very dynamic and are affected by many factors. Some of these factors are internal or directly related to the prices fluctuations of this metal. There are some external factors too that affect the prices of silver. These factors do not have a direct relation to this metal but still affect its prices indirectly. Following are the various factors affecting silver prices in any market.

Internal Factors

  • Personal Demand
  • Industrial or Commercial Demand
  • Supply of Silver in market
  • Ancillary Costs like Mining cost, imports costs and storage or warehousing costs

External factors

  • Gold Prices
  • Inflation
  • Import and Export Policies
  • Government Policies
  • Crude Prices
  • Dollar Fluctuations
  • Geo-political scenario

Apart from the list above, the latest factor to have an impact on the silver prices is the current pandemic. After the introduction of a vaccine for the same, the rates of silver had drastically reduced.

5. What is the best form of silver in case of personal use?

When silver has to be purchased for personal use, the form of silver is irrelevant. Customers can purchase silver in any form. The only concern should be that the transaction and the silver purchased are genuine and pure.

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