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Today Silver Rates In Jharkhand

25 Jul 2021

gold rate

₹67.02

( Per Gram )

gold rate

₹67017

1 Kg

TodayYesterdayChange(%)
1 gram67.0267.07-0.07%
10 gram6701767063-0.07%

Silver Rates In Jharkhand for Last 90 Days

25 Jul 2021

Date1 gramBar Silver 1KG
2021-07-2567.0267,017
2021-07-2467.0767,063
2021-07-2368.6267,630
2021-07-2267.3067,294
2021-07-2166.4466,435
2021-07-2067.1767,168
2021-07-1969.5068,505
2021-07-1869.5168,510
2021-07-1769.5368,529
2021-07-1670.1970,191
2021-07-1570.8169,814
2021-07-1469.3569,353
2021-07-1370.8969,889
2021-07-1270.5269,523
2021-07-1170.5269,523
2021-07-1070.7369,729
2021-07-0969.3269,321
2021-07-0870.9969,994
2021-07-0770.0069,998
2021-07-0670.3270,323
2021-07-0570.4770,475
2021-07-0470.4770,475
2021-07-0371.5170,509
2021-07-0269.4369,435
2021-07-0169.4069,398
2021-06-3069.5268,526
2021-06-2969.3569,356
2021-06-2869.3069,297
2021-06-2769.2669,263
2021-06-2669.0869,087
2021-06-2569.9368,937
2021-06-2469.7968,791
2021-06-2369.6268,620
2021-06-2269.9468,943
2021-06-1969.6168,612
2021-06-1869.9668,967
2021-06-1772.1372,128
2021-06-1673.5672,551
2021-06-1573.9372,930
2021-06-1473.1373,123
2021-06-1373.1373,123
2021-06-1273.2373,224
2021-06-1173.9672,955
2021-06-1073.6672,658
2021-06-0972.1772,168
2021-06-0873.7272,711
2021-06-0772.4872,480
2021-06-0672.4872,480
2021-06-0572.3772,365
2021-06-0472.7171,712
2021-06-0373.4473,443
2021-06-0273.8072,796
2021-06-0173.7172,708
2021-05-3172.2972,284
2021-05-3072.2972,284
2021-05-2972.0872,078
2021-05-2872.4272,417
2021-05-2772.9771,968
2021-05-2673.8472,836
2021-05-2572.3272,322
2021-05-2472.8671,860
2021-05-2372.8671,860
2021-05-2272.6571,645
2021-05-2172.4672,453
2021-05-2072.0372,023
2021-05-1974.8473,845
2021-05-1874.8073,809
2021-05-1772.8671,857
2021-05-1672.8671,857
2021-05-1572.7471,733
2021-05-1471.1571,151
2021-05-1371.4371,425
2021-05-1272.3772,365
2021-05-1172.7671,753
2021-05-1072.9571,946
2021-05-0972.9571,946
2021-05-0872.9271,914
2021-05-0772.9271,917
2021-05-0670.8669,865
2021-05-0570.8069,805
2021-05-0471.9670,958
2021-05-0369.6568,655
2021-05-0269.6568,655
2021-05-0169.6568,655
2021-04-3069.2469,246
2021-04-2970.8469,839
2021-04-2870.1570,147
2021-04-2770.9769,970
2021-04-2670.6169,608
2021-04-2570.6169,608

Historical Price of Silver Rate In Jharkhand

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

Silver Rates1 gram1 Kg
February 1st Rate70.2170,210
February 28th Rate65.8264,817
Highest February Rate76.5475,538
Lowest February Rate65.8264,817

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

Silver Rates1 gram1 Kg
March 1st Rate63.7462,743
March 31th Rate70.2170,210
Highest March Rate70.2170,210
Lowest March Rate63.7462,743

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

Silver Rates1 gram1 Kg
April 1st Rate69.2469,246
April 30th Rate64.8463,842
Highest April Rate71.4571,448
Lowest April Rate64.8463,842

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

Silver Rates1 gram1 Kg
May 1st Rate72.2972,284
May 31th Rate69.6568,655
Highest May Rate74.8473,845
Lowest May Rate69.6568,655

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

Silver Rates1 gram1 Kg
June 1st Rate69.5268,526
June 30th Rate73.7172,708
Highest June Rate73.4473,443
Lowest June Rate69.5268,526

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

Silver Rates1 gram1 Kg
July 1st Rate67.0267,017
July 25th Rate69.4069,398
Highest July Rate71.5170,509
Lowest July Rate66.4466,435

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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