Here are the factors that affect silver price today. Large Investors - As compared to the gold market, the silver market is smaller. Large traders or investors can potentially affect the silver rate. In 1997, Warren Buffet purchased 130 million troy ounces of silver at $4.50 per ounce that impacted the market prices. Silver prices tend to be more volatile than gold, having relatively higher highs and lower lows. Many investors prefer silver investing because higher price volatility presents greater opportunities to profit, albeit with higher risk. Current trading prices of gold and silver investment quality metals are Atlas preferred prices. Highest silver price in India in the month of September 2019 was 50,960 rupees kilogram while the lowest silver price was 44,022 rupees. Silver price on 01 Sep 2019 was 46,760 rupees per 10 grams. Silver price at the end of month was 44,148 rupees. Live Spot Prices for Gold, Silver, Platinum, Palladium and Rhodium in ounces, grams, kilos and tolas in all major currencies. February started with Rs.38,360 per kg of silver in Chennai, and ended at Rs.37,210. March month saw the rates mostly remain the same, with the month ending at Rs.37,390. Silver prices rallied at the end of April to cross the Rs.41,000 mark and peaked on 18th May at Rs.43,500. Current price of silver per kg has hovered around Rs.37,000. In the last 90 days, the retail price of 22 Carat Gold in Chennai was as low as Rs. 3,615.00 per gram on 16-Dec-2019, and on 06-Mar-2020, the 22 Carat Gold price in Chennai was as high as Rs. 4,231.00 per 1 gram. Silver price in Chennai per gram fell as low as Rs. 43.20 on 29-Jan-2019 and on 05-Feb-2019, the Silver price in Chennai rose as high as Rs. 44.10 per gram. The price of gold in Chennai has dipped slightly today following developments in the international market in a context of equity recovery. In the local market, the yellow metal prices in Chennai were trading at a low price of Rs. 36,590/- per 10 grams of 22-carat gold and Rs. 39,910/- per 10 grams of 24-carat gold.
Trade Deficits:Like gold, silver production in India is low. Therefore, silver prices are by far affected by the global rates. Also, the government introduces additional 3 மார்ச் 2020 Tamil News · business · gold rate silver rate today; 22ct 24ct gold silver price today in chennai tamil nadu 3rd march 2020 ✓You will get the current & previous price of silver. ✓Gold prices of :- 1) Mumbai 2 ) Banglore 3) Hyderabad 4) Kolkata 5) Chennai 6) Delhi 7) Kerala 8) Pune
Trade Deficits:Like gold, silver production in India is low. Therefore, silver prices are by far affected by the global rates. Also, the government introduces additional 3 மார்ச் 2020 Tamil News · business · gold rate silver rate today; 22ct 24ct gold silver price today in chennai tamil nadu 3rd march 2020 ✓You will get the current & previous price of silver. ✓Gold prices of :- 1) Mumbai 2 ) Banglore 3) Hyderabad 4) Kolkata 5) Chennai 6) Delhi 7) Kerala 8) Pune During the thirteenth and fourteenth centuries, European nations starting minting gold coins rather than their earlier preference of using silver for coinage. The gold Gold rate in Chennai : Live Chennai present to you today gold rate in Chennai. Here, we provide you the exact today prices of 916 kdm hallmark gold in 22 Carat as well as 24 carat gold rate Chennai. These rates are legitimate and up-to-the-minute. We have the rates displayed in different forms including Rate per gram, Rate per 8 grams. Silver prices in Chennai depend on a host of factors. For example, recently the government raised the excise duty on gold, which should push the rates of silver higher. When gold prices tend to February started with Rs.38,360 per kg of silver in Chennai, and ended at Rs.37,210. March month saw the rates mostly remain the same, with the month ending at Rs.37,390. Silver prices rallied at the end of April to cross the Rs.41,000 mark and peaked on 18th May at Rs.43,500. Current price of silver per kg has hovered around Rs.37,000.
The addition of other metals like silver, zinc, nickel and other alloys make the texture of gold harder thereby making the jewelry more durable. The 22 karat gold Silver prices in Chennai depend on a host of factors. For example, recently the government raised the excise duty on gold, which should push the rates of silver Is It Strange to Buy Gold Coins as Investments? Silver Rate Today. Silver Rate In Major Cities. Silver Rate In Delhi · Silver Rate In Ahmedabad Current/Today Gold Rate in Chennai (18 Mar 2020) - Know Today's Gold Price in Chennai & also get 24 & 22 Karat Gold Rate Per Gram for last 10 days on Gold prices dip by Rs.970; Silver prices show a drastic fall by Rs.1,420 per kg.
Highest silver price in India in the month of September 2019 was 50,960 rupees kilogram while the lowest silver price was 44,022 rupees. Silver price on 01 Sep 2019 was 46,760 rupees per 10 grams. Silver price at the end of month was 44,148 rupees.