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Silver Rate Today in Hyderabad

Current Silver Price in Hyderabad - Oct 2021 Trends

Last Updated 17th Oct 2021

Silver 999 - ₹ Per kg Silver Price
Today ₹ 67,400
Silver Rate Hyderabad Oct 2021
Highest Rate ₹ 67,700
Lowest Rate ₹ 63,700
Average Rate ₹ 65,653

Today Silver Price Hyderabad

₹ 67,400

Silver Price in Hyderabad

Silver has been considered a popular metal in Hyderabad, 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 Hyderabad 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 Hyderabad is ₹ 67,400 for 1 kg of silver.

Silver Price in Hyderabad Trend

999 Silver Price in Hyderabad 2021

Months Lowest Price 999 Silver - ₹ per Kg. Highest Price 999 Silver - ₹ per Kg.
October 2021 63,700 67,700
September 2021 63,000 69,800
August 2021 61,700 73,100
July 2021 67,200 75,200
June 2021 72,900 77,500
May 2021 71,600 78,500
April 2021 68,700 74,300
March 2021 67,300 73,300
February 2021 71,000 79,200
January 2021 66,000 75,100

999 Silver Price in Hyderabad 2020

Months Lowest Price 999 Silver - ₹ per Kg. Highest Price 999 Silver - ₹ per Kg.
December 2020 63,000 73,700
November 2020 61,900 68,400
October 2020 60,200 65,300
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 Hyderabad

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

Where to buy silver in Hyderabad ?

When buying silver in Hyderabad, it is highly recommended to approach certified and established jewellers who sell hallmark jewellery. Some of the old and reputed jewellers in Hyderabad for buying silver jewellery are Shri Ganesh Jewellers, Agarwal Gems and Pearls, Jagdamba Pearls, Manoj Jewellers and Mangaldeep Jewellers. Other large Stores that sell certified and hallmark jewellery in Hyderabad are Reliance Gems and Jewels, Krishna Pearls and Jewellery and Chandubhai's Hallmark Jewellers.

About Hyderabad

Hyderabad is known as one of the most populated cities in India. This historic city is known for its empathy towards silver and silver products. Silver rates in Hyderabad are affected by a wide range of international factors such as global production, strength of currency, prevailing market conditions and prices of other commodities etc. Silver in Hyderabad is generally purchased by individuals both in the form of jewellery as well as avenue of investment.

FAQs

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

The price of 1 kg silver in Hyderabad today is ₹ 67,400 . 

What is the cost of 10 gram silver in Hyderabad?

The current price of 10 gram silver in Hyderabad is ₹ 674 . 

Is Silver good investment in Hyderabad?

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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