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Silver Rate Today in Mumbai

Current Silver Price in Mumbai

Last Updated 02nd Dec 2020

Silver Price Silver 999 - ₹ Per kg
Today 59,000
Silver Rate Mumbai Dec 2020
Highest Rate 59,000
Lowest Rate 59,000
Average Rate 59,000

Today Silver Price Mumbai

₹ 59,000

Silver Price in Mumbai

Silver has been considered a popular metal in Mumbai, 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 Mumbai 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 Mumbai is ₹ 59,000 for 1 kg of silver.

Historical Silver Price in Mumbai Trend

999 Silver Price in Mumbai 2020

Months Lowest Price 999 Silver - ₹ per Kg. Highest Price 999 Silver - ₹ per Kg.
December 2020 59,000 59,000
November 2020 59,100 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

999 Silver Price in Mumbai 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 49,164
July 2019 40,500 44,965
June 2019 39,438 41,052
May 2019 39,361 40,752
April 2019 40,074 40,857
March 2019 40,355 43,559
February 2019 41,126 43,965
January 2019 41,452 43,829

Silver as an Investment in Mumbai

Silver has been a popular investment option in Mumbai 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 Mumbai 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 Mumbai

When buying silver in Mumbai, it is highly recommended to approach certified and established jewellers who sell hallmark jewellery. Some of the old and reputed jewellers in Mumbai for buying silver jewellery are Tansihq Showroom, PN Gadgill and Sons, ORRA Jewellery, Rushabh Jewellers, Gayatri Gold Palace and Siddharth Jewellers. Other large Stores that sell certified and hallmark jewellery in Mumbai are Manoj Ornaments, Bhairav Jewellers and Dhanlaxmi Jewellers.

About Mumbai

Mumbai, is considered as the commercial capital of India and also one of the most popular market for silver in the country. Silver rates in Mumbai depends upon the various international factors like global production, strength of currency, prevailing market conditions, prices of other commodities etc. Silver in the city can be purchased from a wide range of silver traders dealing in Silver.

FAQs

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

The price of 1 kg silver in Mumbai today is ₹ 59,000 . 

What is the cost of 10 gram silver in Mumbai?

The current price of 10 gram silver in Mumbai is ₹ 590 . 

What is the price of silver rate today in Mumbai?

The price of the silver rate in Mumbai today is ₹ 46,920 for 1 kg silver.

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