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Silver Rate Today in Chennai

Current Silver Price in Chennai

Last Updated 16th Jul 2020

16th Jul 2020 Silver 999 - ₹ Per kg
Today 52,800
Silver Rate Chennai Jul 2020
Highest Rate 53,000
Lowest Rate 48,510
Average Rate 50,691

Silver Price in Chennai

Silver has been considered a popular metal in Chennai, 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 Chennai 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 Chennai is ₹ 52,800 for 1 kg of silver.

Historical Silver Price in Chennai Trend

999 Silver Price in Chennai 2020

Months Lowest Price 999 Silver - ₹ per Kg. Highest Price 999 Silver - ₹ per Kg.
July 2020 48,510 53,000
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

999 Silver Price in Chennai 2019

Months Lowest Price 999 Silver - ₹ per Kg. Highest Price 999 Silver - ₹ per Kg.
December 2019 46,650 49,350
November 2019 39,000 48,840
October 2019 45,750 48,950
September 2019 48,500 53,200
August 2019 44,522 49,160
July 2019 40,500 44,965
June 2019 39,442 41,065
May 2019 39,361 40,758
April 2019 40,063 40,869
March 2019 40,355 43,542
February 2019 41,135 43,977
January 2019 41,446 43,844

Silver as an Investment in Chennai

Silver has been a popular investment option in Chennai 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 Chennai are on the rise, silver investors can earn huge from it. Thus, investment in silver metal is worth it.

From where to buy silver in Chennai

When buying silver in Chennai, it is highly recommended to approach certified and established jewellers who sell hallmark jewellery. Some of the old and reputed jewellers in Chennai for buying silver jewellery are NAC Jewellers, Vummidi Bangaru Jewellers, Lalitha Thanga Maaligai Jewellers, Nirmal Jewellers, Khushbu Jewellers, ORRA Jewellery and Fathima Jewellers. Other large Stores that sell certified and hallmark jewellery in Chennai are Caratlane, Kathir Kaman Jewellers and Kalyan Jewellers.

About Chennai

Chennai is the metropolitan city of Tamil Nadu. Chennai ranks high amongst all the cities in India with a staggering demand for silver. The silver is purchased by people in Chennai due to its cultural importance and for a fact that it is also a lucrative investment option. Silver is a predominant financial commodity in Chennai. Silver rates in Chennai is updated on a daily basis which is available online, financial websites, and from silver dealers. You can also check the latest updates on silver rates on MyLoanCare.

FAQs

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

The price of 1 kg silver in Chennai today is ₹ 52,800 . 

What is the cost of 10 gram silver in Chennai?

The current price of 10 gram silver in Chennai is ₹ 528 . 

What is the price of gold and silver today in Chennai?

The price of gold today in Chennai is ₹ 47,180 for 22 carats gold, whereas it is ₹ 51,470 for 24 carats gold. The silver rate in Chennai today is ₹ 52,800 for 1 kg silver.


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