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Silver Rate Today in Mysore

Current Silver Price in Mysore - Jun 2021 Trends

Last Updated 18th Jun 2021

Silver 999 - ₹ Per kg Silver Price
Today ₹ 67,700
Silver Rate Mysore Jun 2021
Highest Rate ₹ 72,600
Lowest Rate ₹ 67,700
Average Rate ₹ 71,422

Today Silver Price Mysore

₹ 67,700

Silver Price in Mysore

Silver has been considered a popular metal in Mysore, 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 Mysore 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 Mysore is ₹ 67,700 for 1 kg of silver.

Silver Price in Mysore Trend

999 Silver Price in Mysore 2021

Months Lowest Price 999 Silver - ₹ per Kg. Highest Price 999 Silver - ₹ per Kg.
June 2021 67,700 72,600
May 2021 67,500 74,000
April 2021 63,400 70,300
March 2021 65,400 73,200
February 2021 67,900 72,200
January 2021 63,900 71,410

999 Silver Price in Mysore 2020

Months Lowest Price 999 Silver - ₹ per Kg. Highest Price 999 Silver - ₹ per Kg.
December 2020 58,600 69,300
November 2020 58,600 66,900
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 Mysore

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

Where to buy silver in Mysore ?

When buying silver in Mysore, it is highly recommended to approach certified and established jewellers who sell hallmark jewellery. Some of the old and reputed jewellers in Mysore for buying silver jewellery are Tanishq Jewellers, Kalyan Jewellers and Lakshmi Gold Palace . Other large Stores that sell certified and hallmark jewellery in Mysore are Shubh Jewellers, Sharada Jewellers and Prakash Jewellers.

About Mysore

Owing to the rich culture and history, Mysore is considered as one of the biggest evidence of its widespread demand for silver. The city, Mysore is also known as the "Golden Throne" of India. People in Mysore consumes most of the silver in the form of jewellery. 40% of India's demand for gold and silver comes from Karnataka, the parent state of Mysore.

FAQs

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

The price of 1 kg silver in Mysore today is ₹ 67,700 . 

What is the cost of 10 gram silver in Mysore?

The current price of 10 gram silver in Mysore is ₹ 677 . 

Is Silver good investment in Mysore?

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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