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Silver Rate Today in Chandigarh

Current Silver Price in Chandigarh - May 2021 Trends

Last Updated 12th May 2021

Silver 999 - ₹ Per kg Silver Price
Today ₹ 71,600
Silver Rate Chandigarh May 2021
Highest Rate ₹ 71,600
Lowest Rate ₹ 67,500
Average Rate ₹ 70,117

Today Silver Price Chandigarh

₹ 71,600

Silver Price in Chandigarh

Silver has been considered a popular metal in Chandigarh, one because it is precious and secondly because it is investment friendly. However, before investing in the metals, it is important to be updated with the Silver price on a regular basis. The silver price in Chandigarh is dependent on various factors such as the overseas relations and the demand and supply of it in the market. As per the current scenarios, the silver price today in Chandigarh is ₹ 71,600 for 1 kg of silver.

Silver Price in Chandigarh Trend

999 Silver Price in Chandigarh 2021

Months Lowest Price 999 Silver - ₹ per Kg. Highest Price 999 Silver - ₹ per Kg.
May 2021 67,500 71,600
April 2021 63,600 70,300
March 2021 63,200 68,200
February 2021 67,300 73,300
January 2021 63,900 71,400

999 Silver Price in Chandigarh 2020

Months Lowest Price 999 Silver - ₹ per Kg. Highest Price 999 Silver - ₹ per Kg.
December 2020 59,000 70,700
November 2020 58,300 65,410
October 2020 60,200 63,800
September 2020 57,000 69,500
August 2020 65,000 76,510
July 2020 48,510 66,050
June 2020 47,100 50,160
May 2020 41,000 50,110
April 2020 39,940 42,700
March 2020 39,480 51,080
February 2020 48,000 51,500
January 2020 48,900 51,000

Silver as an Investment in Chandigarh

Silver has been a popular investment option in Chandigarh from ages. It is a hard asset and real form of money that cannot be created out of paper or any digital form. Further, investment in silver is affordable and cheap that can provide good returns to silver investors. An investor can invest in silver through both small and huge investments. While small investments can be made through coins, large investments in silver can be made through silver bars. When the silver rates in Chandigarh are on the rise, silver investors can earn huge from it. Thus, investment in silver metal is worth it.

Where to buy silver in Chandigarh ?

When buying silver in Chandigarh, it is highly recommended to approach certified and established jewellers who sell hallmark jewellery. Some of the old and reputed jewellers in Chandigarh for buying silver jewellery are Sunder Jewellers, Talwar Jewellers, Caratlane, Gitanjali Jewels, Neelkanth Jewellers and Nanak jewellers. Other large Stores that sell certified and hallmark jewellery in Chandigarh are PC Jewellers , PS Jewellers and Gold Wings Jewellers.

About Chandigarh

Chandigarh, is a union territory that serves as the capitals of the states of Punjab and Haryana. The annual consumption of the silver in Chandigarh city is quite high. Silver is purchased in Chandigarh both as a jewellery and as an avenue for investment. People of the city purchases silver jewellery in large amount and owing to this reason major jewellery brands are looking to expand their business in Chandigarh. The silver price in Chandigarh is constantly changing, and you may find out the current silver rates either directly from dealers, or through various financial websites like MyLoanCare. Silver coins, or jewellery can also be used as collateral to avail various loans from banks as well.

FAQs

What is the price of 1 kg silver in Chandigarh today?

The price of 1 kg silver in Chandigarh today is ₹ 71,600 . 

What is the cost of 10 gram silver in Chandigarh?

The current price of 10 gram silver in Chandigarh is ₹ 716 . 

Is Silver good investment in Chandigarh?

Silver is not only a good form of investment but offers many other uses such as making of jewellery and silverware, mirrors, electrical wiring and batteries, dental alloys and anti-bacterial medicines etc. Along with that, it has cheaper rates than gold.

Should I buy silver bars or coins?

Silver coins can be chosen for a small investment as it can be bought and stored easily. On the other hand, if you are planning to buy bulk stocks, silver bars must be a preferred option to get good returns.

What is the best way to invest in silver?

Silver can be invested in multiple forms such as silver bars, coins, ornaments, statues, on various commodities exchanges. However, silver commodities in digital format are considered as the preferred form of investment.

Can I buy silver from a bank?

Yes, it is easy to buy physical forms of silver like silver coins, silver bars etc. from a bank.


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