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Silver Rate Today in Indore

Current Silver Price in Indore - May 2022 Trends

Last Updated 17th May 2022

Silver 999 - ₹ Per kg Silver Price
Today ₹ 63,870
Silver Rate Indore May 2022
Highest Rate ₹ 69,670
Lowest Rate ₹ 63,370
Average Rate ₹ 66,390

Today Silver Price Indore

₹ 63,870

Silver Price in Indore

Silver has been considered a popular metal in Indore, 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 Indore 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 Indore is ₹ 63,870 for 1 kg of silver.

Silver Price in Indore Trend

999 Silver Price in Indore 2022

Months Lowest Price 999 Silver - ₹ per Kg. Highest Price 999 Silver - ₹ per Kg.
May 2022 63,370 69,670
April 2022 69,170 75,170
March 2022 67,630 77,370
February 2022 62,430 68,230
January 2022 61,930 66,930

999 Silver Price in Indore 2021

Months Lowest Price 999 Silver - ₹ per Kg. Highest Price 999 Silver - ₹ per Kg.
December 2021 62,130 64,230
November 2021 64,230 69,330
October 2021 61,330 68,130
September 2021 61,730 67,430
August 2021 64,230 70,730
July 2021 68,830 72,830
June 2021 70,530 75,130
May 2021 70,430 76,130
April 2021 66,330 73,380
March 2021 65,230 72,670
February 2021 71,270 78,270
January 2021 67,170 74,160

Silver as an Investment in Indore

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

Where to buy silver in Indore ?

When buying silver in Indore, it is highly recommended to approach certified and established jewellers who sell hallmark jewellery. Some of the old and reputed jewellers in Indore for buying silver jewellery are . Other large Stores that sell certified and hallmark jewellery in Indore are .

FAQs

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

The price of 1 kg silver in Indore today is ₹ 63,870 . 

What is the cost of 10 gram silver in Indore?

The current price of 10 gram silver in Indore is ₹ 638.70 . 

Is Silver good investment in Indore?

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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