Silver Price in India (29th June 2023)

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Silver Price in India (29th June 2023)

Are you interested in keeping up with the latest silver prices in India? Look no further! We provide you with the most up-to-date information on silver rates so that you can make informed decisions. On June 29, 2023, the silver price in India stands at ₹71.90 per gram. However, it’s important to note that the silver prices are subject to fluctuations based on international prices and currency movements.

Understanding the factors influencing silver prices can give you a better grasp of why they fluctuate. In India, the price of silver is primarily determined by international prices. These international prices are influenced by various factors such as supply and demand dynamics, geopolitical events, economic indicators, and market speculation. Moreover, the exchange rate between the Indian rupee and the US dollar also plays a significant role. When the rupee weakens against the dollar and international silver prices remain stable, the cost of silver in India tends to increase.

Let’s dive into the current silver rates in India:

  • 1 gram of silver: ₹71.90
  • 8 grams of silver: ₹575.20
  • 10 grams of silver: ₹719
  • 100 grams of silver: ₹7,190
  • 1 kilogram of silver: ₹71,900

For a broader perspective, here are the silver rates for some major Indian cities as of today:

Chennai:

  • 10 grams: ₹753
  • 100 grams: ₹7,530
  • 1 kilogram: ₹75,300

Mumbai:

  • 10 grams: ₹719
  • 100 grams: ₹7,190
  • 1 kilogram: ₹71,900

Delhi:

  • 10 grams: ₹719
  • 100 grams: ₹7,190
  • 1 kilogram: ₹71,900

Kolkata:

  • 10 grams: ₹719
  • 100 grams: ₹7,190
  • 1 kilogram: ₹71,900

Bangalore:

  • 10 grams: ₹712.50
  • 100 grams: ₹7,125
  • 1 kilogram: ₹71,250

Please keep in mind that these rates are subject to change as the market fluctuates. It’s always a good idea to stay updated with the latest prices if you’re considering purchasing or selling silver.

If you’re interested in gold prices as well, we have you covered. Feel free to check today’s gold rate to stay informed about the precious metals market.

Remember, being well-informed about the current silver prices empowers you to make educated decisions regarding your investments or purchases. Stay tuned for regular updates on silver prices in India!

Read More:

Current Gold Price in India (28th June 2023)

Achieving the Best Gold Price in India – Your Ultimate Guide

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