Silver Price Chart

Price of Silver in Bangalore

Last Update on 20th Oct 2017

Gram1 Gm1 Kg
1 Gram 42.93 42929.00
8 Gram 343.44 343,432.00
10 Gram 429.30 429,290.00
100 Gram 4,293.00 4,292,900.00

Silver Rate In Bangalore

Bangalore is another metropolitan city that sees a thriving market for silver. The city comes second only to Chennai in Southern India when it comes to consumption of this metal. Residents of Bangalore consider silver mainly as an investment that has a profitable resale value and stability to bank upon. Silver rates in Bangalore depend heavily on international prices of commodities. The silver price in Bangalore saw an upshot in January and February, with the increase being reported at 4.79% and 5.78% respectively. However, Bangalore silver rate has declined since then, with March showing a decline of 4.10% and April further witnessing a significant decrease of 5.62%.Silver price in Bangalore today is in continuation of this trend. And while the prices of gold have increased in the past few months, silver has become an even more affordable metal, leading to a tremendous rise in its demandsWe have given today’s silver rate in Bangalore for those who wish to buy the precious metal.

Silver Rate in Bangalore for Last 10 Days

Year
SILVER (in Gm)
1 GRAM 10 GRAM
SILVER (in Kg)
1 Kg 10 Kg
20 October 2017 Rs. 42.93 Rs. 429.3 Rs. 42929.00 Rs. 429290
19 October 2017 Rs. 42.93 Rs. 429.3 Rs. 42933.00 Rs. 429330
18 October 2017 Rs. 42.93 Rs. 429.3 Rs. 42933.00 Rs. 429330
17 October 2017 Rs. 43.44 Rs. 434.4 Rs. 43442.00 Rs. 434420
16 October 2017 Rs. 43.33 Rs. 433.3 Rs. 43325.00 Rs. 433250
15 October 2017 Rs. 43.33 Rs. 433.3 Rs. 43325.00 Rs. 433250
14 October 2017 Rs. 43.24 Rs. 432.4 Rs. 43235.00 Rs. 432350
13 October 2017 Rs. 43.32 Rs. 433.2 Rs. 43319.00 Rs. 433190
12 October 2017 Rs. 43.06 Rs. 430.6 Rs. 43059.00 Rs. 430590
11 October 2017 Rs. 42.85 Rs. 428.5 Rs. 42847.00 Rs. 428470

Bangalore Silver Rate Trend in Last 3 Month

Silver as the Popular Metal Always Finding Customers

Studies have revealed, the city of Bangalore happens to be the second largest market for a metal like Silver in the whole of Southern India. When such is the demand, it is easily understandable as to why the current silver rate is increasing steadily defying all odds.

What brings on Silver in Bangalore?

Bangalore as a city has a sizeable population of middle-class income group. The current silver rate in Bangalore might not showcase it, but it is the IT sector that seems to drive the buying power of people of this city. Talking of the silver rate in Bangalore today, the per gram price in rupees present in the market is the direct reflection of the metal being used as a form of investment rather than a piece of jewelry. The rates have their origins in the current international price of the commodity.

Readers may be surprised as to silver getting the limelight when gold is considered to be more sought after. But gold being undoubtedly expensive gives silver the required edge as the popular mode of investment, especially amongst the middle-class households. Various jewelry stores, artefacts shops, sellers of silverware and more ensure the easy availability of the metal. Even the commodity exchange authorities make silver up for grabs.