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Today Silver Rates In Rajasthan

25 Jul 2021

gold rate

₹68.24

( Per Gram )

gold rate

₹68245

1 Kg

TodayYesterdayChange(%)
1 gram68.2468.30-0.09%
10 gram6824568292-0.07%

Silver Rates In Rajasthan for Last 90 Days

25 Jul 2021

Date1 gramBar Silver 1KG
2021-07-2568.2468,245
2021-07-2468.3068,292
2021-07-2369.8668,870
2021-07-2269.5368,528
2021-07-2168.6567,653
2021-07-2068.4068,399
2021-07-1970.7669,761
2021-07-1870.7769,766
2021-07-1770.7969,786
2021-07-1671.4871,478
2021-07-1571.0971,094
2021-07-1471.6270,624
2021-07-1371.1771,170
2021-07-1271.8070,797
2021-07-1171.8070,797
2021-07-1071.0171,007
2021-07-0971.5970,592
2021-07-0871.2771,277
2021-07-0771.2871,281
2021-07-0672.6171,612
2021-07-0572.7671,767
2021-07-0472.7671,767
2021-07-0372.8071,801
2021-07-0271.7070,708
2021-07-0171.6770,670
2021-06-3070.7869,782
2021-06-2971.6270,627
2021-06-2871.5770,567
2021-06-2771.5370,533
2021-06-2670.3570,354
2021-06-2570.2070,200
2021-06-2470.0570,052
2021-06-2370.8869,878
2021-06-2270.2170,206
2021-06-1970.8769,870
2021-06-1870.2370,231
2021-06-1773.4573,450
2021-06-1674.8973,881
2021-06-1574.2674,267
2021-06-1474.4774,464
2021-06-1374.4774,464
2021-06-1275.5774,567
2021-06-1174.2974,292
2021-06-1074.0674,064
2021-06-0973.4973,491
2021-06-0874.0574,044
2021-06-0774.8173,808
2021-06-0674.8173,808
2021-06-0574.6973,691
2021-06-0473.0273,026
2021-06-0375.7974,789
2021-06-0274.1374,130
2021-06-0174.0474,041
2021-05-3174.6173,609
2021-05-3074.6173,609
2021-05-2973.4073,400
2021-05-2874.7473,744
2021-05-2773.2973,288
2021-05-2674.1774,171
2021-05-2574.6473,648
2021-05-2473.1773,177
2021-05-2373.1773,177
2021-05-2273.2273,215
2021-05-2174.7873,781
2021-05-2073.3573,344
2021-05-1975.0875,078
2021-05-1875.1675,162
2021-05-1773.1773,174
2021-05-1673.1773,174
2021-05-1573.0573,048
2021-05-1472.4572,455
2021-05-1373.7472,735
2021-05-1274.6973,691
2021-05-1173.0773,068
2021-05-1073.2773,265
2021-05-0973.2773,265
2021-05-0873.2473,232
2021-05-0773.2473,235
2021-05-0671.1471,146
2021-05-0571.0871,085
2021-05-0472.2672,259
2021-05-0370.9169,914
2021-05-0270.9169,914
2021-05-0170.9169,914
2021-04-3071.5170,515
2021-04-2971.1271,119
2021-04-2871.4471,432
2021-04-2771.2571,252
2021-04-2671.8970,884
2021-04-2571.8970,884

Historical Price of Silver Rate In Rajasthan

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

Silver Rates1 gram1 Kg
February 1st Rate72.5071,497
February 28th Rate66.0166,005
Highest February Rate77.9376,923
Lowest February Rate66.0166,005

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

Silver Rates1 gram1 Kg
March 1st Rate64.8963,893
March 31th Rate72.5071,497
Highest March Rate72.5471,537
Lowest March Rate64.8963,893

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

Silver Rates1 gram1 Kg
April 1st Rate71.5170,515
April 30th Rate65.0165,013
Highest April Rate73.7672,758
Lowest April Rate65.0165,013

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

Silver Rates1 gram1 Kg
May 1st Rate74.6173,609
May 31th Rate70.9169,914
Highest May Rate75.1675,162
Lowest May Rate70.9169,914

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

Silver Rates1 gram1 Kg
June 1st Rate70.7869,782
June 30th Rate74.0474,041
Highest June Rate75.7974,789
Lowest June Rate70.7869,782

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

Silver Rates1 gram1 Kg
July 1st Rate68.2468,245
July 25th Rate71.6770,670
Highest July Rate72.871,801
Lowest July Rate68.6567,653

Introduction

Rajasthan is termed as the land of riches. It has been home to many royal houses in the past, and continues that tradition even today. When one thinks of Rajasthan, one cannot but conjure up images of palatial palaces and royal courts. The rich heritage of the state and the lavish lifestyle of the royals have resulted in a constantly huge demand for the precious metals like silver and gold and other precious stones.

Silver is a crucial part of the culture for not only ornamental purposes but also for ritualistic purposes. Silver is of great importance and is often offered in the traditional ceremonies as well as a form of auspicious gift. Due to the above reasons coupled with the fact that silver is an excelled investment option, the demand for silver is always high in the state of Rajasthan.

Given below are the current prices of silver in the country’s royal state and the other factors that have to be considered while purchasing and selling silver or investing in silver.

Latest Prices of Silver in Rajasthan

The current trend of the rate of silver in the state of Rajasthan is on the increasing side. With the market being unstable due to the rise in the COVID-19 cases and the overall uncertainty in the global and the national markets, silver prices along with gold have been on the rise as it is considered as a relatively safer and stable form of investment in the current scenario.

The current rate of silver in Rajasthan is tabled below.

Daily Silver Rates in Rajasthan

Silver Rate – 10 Gram (Rs.)

Silver Rate – 100 Gram (Rs.)

Silver Rate – 1 KG (Rs.)

31st Oct 2020

610

6100

61000

30th Oct 2020

602

6020

60200

29th Oct 2020

624.1

6241

62410

28th Oct 2020

624

6240

62400

27th Oct 2020

621

6210

62100

26th Oct 2020

615

6150

61500

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 in the Past Month

Silver rate in the month of October 2020 saw an increasing trend as is the case since the start of the current pandemic. Silver and Gold have been perceived as a safer and steady mode of investment as compared to the volatility in the money market or the equity market. The highest price of silver in the past month was Rs. 63,800 per kg or Rs. 63.8 per gram whereas the lowest price was Rs. 60,200 per kg or Rs. 60.2 per gram. The metal saw a net increase in the prices for the month with the closing rate of Rs. 61,000 per kg or Rs. 61 per gram.

Silver as an Investment

Silver and Gold, as mentioned above, have proved to be a safer and steadier option for investment in the current market scenario. Customers have also traditionally preferred these metals for investment purposes as the return on investment is usually higher and the commodity market is less volatile for these metals.

Silver can be used for personal as well as industrial or commercial purposes. Also, the prices of silver as compared to gold are quite cheaper and silver is available abundantly. These features make it an attractive investment option.

Silver is graded in various purity levels based on which the prices of silver are determined along with other relevant factors. Customers have to face a reduction in the value of silver to the extent of about 15% of its value on account of marking cost or other metals or precious stones embedded in it. It is therefore advisable to invest in the following forms of silver to ensure maximum resale value or return on investment.

  • Silver Coins
  • Silver Bars
  • Silver Bullions
  • Silver Ingots

Factors influencing Prices of Silver

Silver rates are dynamic in nature and change constantly. There are many factors that affect the rates of silver and change them on a day to day basis. These factors are mentioned below.

Demand for Silver 

The demand for silver is the driving force for the prices of silver. This demand includes the personal as well as industrial demand for the metal.

External factors

There are many external factors that affect the prices of silver. these factors range from like geo-political situations, increase in crude oil prices, change in the Government policies or the import and export policies, dollar fluctuations

Associated Costs

The associated costs or the ancillary costs add to the final price of the product and increase it. These associated costs are mining costs, import costs, storage and warehousing costs, marking costs, etc.

Gold prices

The gold prices in the market are also another factor that influences the rate of silver. Silver prices generally follow the trend followed by the gold prices.

Inflation

Inflation of any country has a direct impact on the silver rates. They are in direct correlation which means that an increase in the inflation will result in the increase in silver rates.

Purity of Silver

Silver is graded based on its purity and accordingly priced in the market. Silver having the highest purity level is priced highest as compared to silver in combination with other metals which reduces its purity level. The highest purity level of silver is denoted by 9999 mark which means that silver is 99.9% pure.

There are many tests as well that the sellers or jewelers use to determine the purity of silver prima facie. These tests are mentioned below.

  • Ice test is performed on silver where an ice cube can be placed on the silver coin or bar and if the ice melts faster, then silver is considered to be pure.
  • Another test is the stink test as sterling silver does not have any odor so if the silver presented for the test has some stink then such silver is not pure.
  • Magnet test is also done on silver to determine its purity. If the silver presented for the test is attracted to the magnet or sticks to the magnet it is not pure.

FAQs – Silver rate in Rajasthan

1. What are the various grades and purity levels attached/allotted to silver?

The various grades or levels of purity associated with silver are 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

2. What are the various forms in which silver is available to customers?

Silver is available in various forms like,

  • Silver coins
  • Silver bars
  • Silver bullions
  • Silver jewellery
  • Silver household items

3. Is certification important while purchasing silver?

Yes. Proper certification ensures that the customers get the best resale price for silver and the silver purchased is authentic and genuine as well as of the certified purity as marked on the metal.

4. What are the factors to be considered while purchasing silver?

The various factors to be considered while purchasing silver are mentioned below.

  • Changing rates of silver
  • Form of silver to be purchased and the purpose of purchasing silver.
  • Buying silver from trusted and authenticated sources especially when buying in larger quantities.
  • Ensuring proper certification of the silver to be purchased along with all the necessary markings to authenticate the purity of the metal and the genuineness of the purchase.

5. Can silver be used as an investment tool?

Yes. Silver can be used as an investment tool as it is cheaper and abundantly available.

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