Silver rate today: Today, as we celebrate Dhanteras on October 29, 2024, a day that symbolises prosperity and good fortune, many choose to invest in valuable metals such as gold and silver, both seen as emblems of wealth and stability. Silver, particularly popular on this auspicious day, is currently priced at Rs 97,900 per kilogramme, presenting a favourable investment option for those looking to expand their wealth portfolio. This Dhanteras, purchasing these precious metals reflects the timeless tradition of securing assets for prosperity and lasting financial security. Below, you’ll find silver rates by state and city.
As per Live Mint, over the past week, the price of 24-carat gold has decreased by 0.82%, and it has fallen by 3.6% over the last month. Currently, silver is priced at Rs. 101,000 per kilogramme.
City | Silver Price Per Kg |
Delhi | ₹101000.0 per kilogramme |
Chennai | ₹109600.0 per kilogramme |
Mumbai | ₹100300.0 per kilogramme |
Kolkata | ₹101800.0 per kilogramme |
Today, the silver price in Delhi is ₹101,000 per kilogramme. The rate on the previous day, October 28, 2024, was ₹101,100 per kilogramme, while last week's silver price on October 23, 2024, was ₹105,200 per kilogramme.
Today, the silver price in Chennai stands at ₹109,600 per kilogramme. The rate from the previous day, October 28, 2024, was ₹109,700 per kilogramme, while last week's silver price on October 23, 2024, was ₹112,800 per kilogramme.
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Today, the silver price in Mumbai is ₹100,300 per kilogramme. The rate from the previous day, October 28, 2024, was ₹100,400 per kilogram, while last week's price on October 23, 2024, was ₹104,500 per kilogramme.
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Today, the silver price in Kolkata is ₹101,800 per kilogramme. The rate from the previous day, October 28, 2024, was ₹101,900 per kilogramme, while last week's price on October 23, 2024, was ₹106,000 per kilogramme.
Gold and silver prices fluctuate due to several factors, including expert opinions from well-known jewellers. Elements like worldwide demand for gold, changes in currency values across countries, prevailing interest rates, and governmental regulations concerning gold trade all play a role in these price variations. Furthermore, global events, including the overall economic situation and the strength of the US dollar compared to other currencies, substantially impact gold prices within the Indian market.
According to Financial Express, the gold MCX futures contracts set to expire in December 2024 were priced at Rs 78,536 for 10 grams, reflecting a decline of Rs 30. Meanwhile, the silver futures contracts with the same December 2024 expiration on MCX were trading at Rs 97,390 per kilogramme.
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