Silver Rate in Bangalore

25th Jan 2021

67,300.00

Today MCX silver price in rupees per 1 kg.

Today silver price in india is 67,300.00 rupees per Kg

Per Gram Silver Price Today in Bangalore
Rs. 67.30
1 Kg Silver Price Today in Bangalore
Rs. 67,300.00

Silver Rate in Bangalore Per Gram (INR)

  1 Gram 10 Gram 100 Gram 1 Kg Change(%)
Yesterday 67.30 673 6730 67300.00 0 %
Today 67.30 673 6730 67300.00 0 %

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
25 January 2021 Rs. 67.30 Rs. 673 Rs. 67300.00 Rs. 673000
24 January 2021 Rs. 67.30 Rs. 673 Rs. 67300.00 Rs. 673000
23 January 2021 Rs. 67.30 Rs. 673 Rs. 67300.00 Rs. 673000
22 January 2021 Rs. 67.30 Rs. 673 Rs. 67300.00 Rs. 673000
21 January 2021 Rs. 68.00 Rs. 680 Rs. 68000.00 Rs. 680000
20 January 2021 Rs. 66.50 Rs. 665 Rs. 66500.00 Rs. 665000
19 January 2021 Rs. 65.80 Rs. 658 Rs. 65800.00 Rs. 658000
18 January 2021 Rs. 65.50 Rs. 655 Rs. 65500.00 Rs. 655000
17 January 2021 Rs. 65.00 Rs. 650 Rs. 65000.00 Rs. 650000
16 January 2021 Rs. 66.50 Rs. 665 Rs. 66500.00 Rs. 665000

Comparison for 1 Gram Silver Rates for Bangalore (In Rupees/Gram)

Historical Price of Silver Rate in Bangalore

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.