- MyLoanCare
- Silver Rate
- Mysore
Silver Rate Today in Mysore
Current Silver Price in Mysore - May 2022 Trends
Silver 999 - ₹ Per kg | Silver Price |
---|---|
Today | ₹ 63,700 |
Silver Rate Mysore May 2022 | |
Highest Rate | ₹ 69,500 |
Lowest Rate | ₹ 63,400 |
Average Rate | ₹ 66,173 |
- Gold Loan Info
- Calculators
- Content on Page
- Compare
- Blogs
- Gold Rate Trends in India - How Is Gold Rate Impacting on Gold Loan
- Indians Seen Rushing for Gold Loans as Pandemic Deepens Economic Distress
- How to Choose between Loan Against Property, Loan against FD and Gold Loan?
- Availing A Gold Loan From A Digital Lender? Consider These Factors First
- Have a Low CIBIL Score? How Can Gold Loans Improve Your Credit Score?
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 ₹ 63,700 for 1 kg of silver.
Silver Price in Mysore Trend
999 Silver Price in Mysore 2022
Months | Lowest Price 999 Silver - ₹ per Kg. | Highest Price 999 Silver - ₹ per Kg. |
---|---|---|
May 2022 | 63,400 | 69,500 |
April 2022 | 69,000 | 75,200 |
March 2022 | 70,000 | 76,700 |
February 2022 | 64,000 | 72,700 |
January 2022 | 60,600 | 69,300 |
999 Silver Price in Mysore 2021
Months | Lowest Price 999 Silver - ₹ per Kg. | Highest Price 999 Silver - ₹ per Kg. |
---|---|---|
December 2021 | 60,700 | 66,300 |
November 2021 | 61,900 | 67,200 |
October 2021 | 61,700 | 66,000 |
September 2021 | 60,450 | 65,900 |
August 2021 | 61,700 | 68,600 |
July 2021 | 66,400 | 70,600 |
June 2021 | 67,600 | 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 |
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 ₹ 63,700 .
✅What is the cost of 10 gram silver in Mysore?
The current price of 10 gram silver in Mysore is ₹ 637 .
✅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.
Compare Silver Rate of Other Cities
-
Home Loan
Home Loan at all-time low rates starting at 6.50%. Cashback of up to ₹ 1,000
Apply Now -
Personal Loan
Instant Personal Loan starting at 10.25% with Cashback of up to ₹ 1,000.
Check Offers -
Gold Loan
Instant Gold Loan starting at 9.00% with Cashback of up to ₹ 500
Apply Now -
Loan Against Property
Best Loan Against Property Offers starting @ 6.90%. Cashback of up to ₹ 1,000*.
Apply Now -
Business Loan
Collateral Free Business Loan Rates starting at 14.00% with Overdraft facility.
Apply Now -
Fixed Deposit
AAA rated FDs with returns as high as 7.05%.
Invest Now
