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Silver Rate Today in Surat

Current Silver Price in Surat - May 2022 Trends

Last Updated 24th May 2022

Silver 999 - ₹ Per kg Silver Price
Today ₹ 59,400
Silver Rate Surat May 2022
Highest Rate ₹ 63,800
Lowest Rate ₹ 58,700
Average Rate ₹ 61,693

Today Silver Price Surat

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Silver Price in Surat

Silver has been considered a popular metal in Surat, 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 Surat 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 Surat is ₹ 59,400 for 1 kg of silver.

Silver Price in Surat Trend

999 Silver Price in Surat 2022

Months Lowest Price 999 Silver - ₹ per Kg. Highest Price 999 Silver - ₹ per Kg.
May 2022 58,700 63,800
April 2022 63,500 70,000
March 2022 65,000 71,200
February 2022 60,900 66,000
January 2022 60,400 65,400

999 Silver Price in Surat 2021

Months Lowest Price 999 Silver - ₹ per Kg. Highest Price 999 Silver - ₹ per Kg.
December 2021 60,700 62,500
November 2021 61,900 67,200
October 2021 59,500 66,000
September 2021 58,300 65,300
August 2021 61,700 68,000
July 2021 66,400 70,600
June 2021 67,600 72,600
May 2021 67,500 74,000
April 2021 63,600 70,330
March 2021 63,200 68,200
February 2021 67,300 73,000
January 2021 63,900 71,400

Silver as an Investment in Surat

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

Where to buy silver in Surat ?

When buying silver in Surat, it is highly recommended to approach certified and established jewellers who sell hallmark jewellery. Some of the old and reputed jewellers in Surat for buying silver jewellery are Charu Jewels, Happy Gems and Jewellers, Shri Krishna Jewellers, Rameshwar Jewellers and Arihant Jewellers. Other large Stores that sell certified and hallmark jewellery in Surat are Kushalbhai Jewellers, PP Jewellers and Kalptaru Jewellers.

About Surat

Surat is a major port city which is located on the bank of river Tapti. Surat is popular for its textiles, diamond cutting, polishing and diamond studded gold jewellery manufacturing. The demand for silver in Surat has increased during the recent years due to fall in the prices of silver. The demand for silver in Surat depends on the export and manufacturing of jewellery, season of festivals like diwali, dhanteras, etc.

FAQs

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

The price of 1 kg silver in Surat today is ₹ 59,400 . 

What is the cost of 10 gram silver in Surat?

The current price of 10 gram silver in Surat is ₹ 594 . 

Is Silver good investment in Surat?

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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