Silver Rate Today In Theni 27th Jan 2023 Check Silver Price in Theni Per Kg

Silver Rate Today in Theni January 27, 2023: Get Today’s Silver Price in Theni Per Gram/Kg Notification and Know the current Silver Price Today in Theni for last 10 days, based on rupees per gram, 8 gram, 10 gram, 100 gram and 1 Kg Silver Rate & Silver Price now.

Last Updated: 27th January 2023

Today's Silver Rate in Theni

GramSilver Rate TodayYesterday Silver RateChange
1 gram₹ 0₹ 0NIL
8 gram₹ 0₹ 0NIL
10 gram₹ 0₹ 0NIL
100 gram₹ 0₹ 0NIL
1 Kg₹ 0₹ 0NIL
Gold Rate Gold Rate in Theni

Silver Rate Today in Theni for Last 10 Days

Date10 gram Silver Rate100 gram Silver Rate1kg Silver Rate
Jan 25, 2023 ₹ 730 ₹ 7,300 ₹ 73,000
Jan 24, 2023 ₹ 720 ₹ 7,200 ₹ 72,000
Jan 23, 2023 ₹ 720 ₹ 7,200 ₹ 72,000
Jan 21, 2023 ₹ 720 ₹ 7,200 ₹ 72,000
Jan 20, 2023 ₹ 720 ₹ 7,200 ₹ 72,000
Jan 19, 2023 ₹ 800 ₹ 8,000 ₹ 80,000
Jan 18, 2023 ₹ 748 ₹ 7,480 ₹ 74,800
Jan 17, 2023 ₹ 758 ₹ 7,580 ₹ 75,800
Gold Rate in India
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Silver Price Today in Other Cities

Silver Price in Chennai Silver Price in Mumbai Silver Price in Delhi Silver Price in Kolkata Silver Price in Bangalore Silver Price in Hyderabad Silver Price in Coimbatore Silver Price in Madurai Silver Price in Kerala Silver Price in Pune Silver Price in Vadodara Silver Price in Ahmedabad Silver Price in Jaipur Silver Price in Lucknow Silver Price in Vijayawada Silver Price in Patna Silver Price in Nagpur Silver Price in Chandigarh Silver Price in Surat Silver Price in Bhubaneswar Silver Price in Mangalore Silver Price in Visakhapatnam Silver Price in Nashik Silver Price in Mysore Silver Price in India Silver Price in Trichy Silver Price in Indore Silver Price in Pondicherry Silver Price in Bhopal Silver Price in Guwahati Silver Price in Kolhapur Silver Price in Ludhiana Silver Price in Raipur Silver Price in Ranchi Silver Price in Salem Silver Price in Srinagar Silver Price in Trivandrum Silver Price in Goa Silver Price in Karnataka Silver Price in Gujarat Silver Price in Maharashtra Silver Price in Bihar Silver Price in Andhra-pradesh Silver Price in Odisha Silver Price in Haryana Silver Price in Uttar-pradesh Silver Price in Assam Silver Price in Jammu-and-kashmir Silver Price in Rajasthan Silver Price in Telangana Silver Price in West-bengal Silver Price in Chhattisgarh Silver Price in Jharkhand Silver Price in Madhya-pradesh Silver Price in Tamil-nadu Silver Price in Uttarakhand Silver Price in Himachal-pradesh Silver Price in Dehradun Silver Price in Panaji Silver Price in Lakshadweep Silver Price in Andaman-and-nicobar Silver Price in Meghalaya Silver Price in Arunachal-pradesh Silver Price in Mizoram Silver Price in Nagaland Silver Price in Sikkim Silver Price in Tripura Silver Price in Manipur Silver Price in Shimla Silver Price in Kannur Silver Price in Kochi Silver Price in Kozhikode Silver Price in Kurnool Silver Price in Malappuram Silver Price in Agra Silver Price in Aligarh Silver Price in Allahabad Silver Price in Ambala Silver Price in Amravati Silver Price in Aurangabad Silver Price in Bareilly Silver Price in Belgaum Silver Price in Bellary Silver Price in Bhilai Silver Price in Cuttack Silver Price in Dindigul Silver Price in Erode Silver Price in Faridabad Silver Price in Ghaziabad Silver Price in Gulbarga Silver Price in Guntur Silver Price in Gurgaon Silver Price in Haldwani Silver Price in Hisar Silver Price in Hosur Silver Price in Jabalpur Silver Price in Jalgaon Silver Price in Jammu Silver Price in Jamnagar Silver Price in Jamshedpur Silver Price in Jodhpur Silver Price in Kakinada Silver Price in Kanpur Silver Price in Karnal Silver Price in Karur Silver Price in Kota Silver Price in Meerut Silver Price in Nagercoil Silver Price in Nanded Silver Price in Nasik Silver Price in Nellore Silver Price in Noida Silver Price in Proddatur Silver Price in Sangli Silver Price in Shimoga Silver Price in Siliguri Silver Price in Solapur Silver Price in Thane Silver Price in Thanjavur Silver Price in Thrissur Silver Price in Tirunelveli Silver Price in Tuticorin Silver Price in Udaipur Silver Price in Udupi Silver Price in Varanasi Silver Price in Vellore Silver Price in Warangal Silver Price in Port-blair Silver Price in Itanagar Silver Price in Dibrugarh Silver Price in Silchar Silver Price in Jorhat Silver Price in Dispur Silver Price in Gaya Silver Price in Bhagalpur Silver Price in Muzaffarpur Silver Price in Bilaspur Silver Price in Rajnandgaon Silver Price in Raigarh Silver Price in Korba Silver Price in Ambikapur Silver Price in Gandhinagar Silver Price in Gandhidham Silver Price in Anand Silver Price in Bharuch Silver Price in Panipat Silver Price in Pundri Silver Price in Yamunagar Silver Price in Rohtak Silver Price in Sonipat Silver Price in Panchkula Silver Price in Bhiwani Silver Price in Sirsa Silver Price in Bahadurgarh Silver Price in Jind Silver Price in Kaithal Silver Price in Rewari Silver Price in Palwal Silver Price in Bokaro Silver Price in Dhanbad Silver Price in Hubli Silver Price in Davangere Silver Price in Bijapur-karnataka Silver Price in Raichur Silver Price in Bidar Silver Price in Hassan Silver Price in Chitradurga Silver Price in Mandya Silver Price in Kollam Silver Price in Aizawl Silver Price in Kohima Silver Price in Rourkela Silver Price in Berhampur Silver Price in Sambalpur Silver Price in Puri Silver Price in Balasore Silver Price in Bhadrak Silver Price in Baripada Silver Price in Balangir Silver Price in Amritsar Silver Price in Jalandhar Silver Price in Bathinda Silver Price in Mohali Silver Price in Gangtok Silver Price in Nagapattinam Silver Price in Sivakasi Silver Price in Cuddalore Silver Price in Kumbakonam Silver Price in Tiruvannamalai Silver Price in Pollachi Silver Price in Pudukkottai Silver Price in Vaniyambadi Silver Price in Khammam Silver Price in Nizamabad Silver Price in Karimnagar Silver Price in Nalgonda Silver Price in Adilabad Silver Price in Suryapet Silver Price in Anantapur Silver Price in Guntakal Silver Price in Chirala Silver Price in Amalapuram Silver Price in Siddipet Silver Price in Kanchipuram Silver Price in Karaikudi Silver Price in Theni Silver Price in Ramanathapuram Silver Price in Namakkal Silver Price in Krishnagiri Silver Price in Tenkasi Silver Price in Tirupattur Silver Price in Tumkur Silver Price in Moradabad Silver Price in Saharanpur Silver Price in Muzaffarnagar Silver Price in Farrukhabad Silver Price in Bulandshahr Silver Price in Raebareli Silver Price in Bahraich Silver Price in Jaunpur Silver Price in Patiala Silver Price in Hoshiarpur Silver Price in Mandsaur Silver Price in Bhiwandi Silver Price in Bhavnagar Silver Price in Patan Silver Price in Palanpur Silver Price in Nadiad Silver Price in Bhuj Silver Price in Darbhanga Silver Price in Alwar Silver Price in Sikar Silver Price in Bhilwara Silver Price in Roorkee Silver Price in Miryalaguda Silver Price in Agartala Silver Price in Haridwar Silver Price in Asansol Silver Price in Durgapur Silver Price in Howrah Silver Price in Kharagpur Silver Price in Raiganj Silver Price in Jalpaiguri Silver Price in Bankura Silver Price in Darjeeling Silver Price in Purulia Silver Price in Cooch-behar Silver Price in Imphal Silver Price in Shillong Silver Price in Bikaner Silver Price in Ajmer Silver Price in Sri-ganganagar Silver Price in Gorakhpur Silver Price in Jhansi Silver Price in Akola Silver Price in Panvel Silver Price in Latur Silver Price in Dhule Silver Price in Ahmednagar Silver Price in Chandrapur Silver Price in Ratnagiri Silver Price in Satara Silver Price in Machilipatnam Silver Price in Tenali Silver Price in Srikakulam Silver Price in Kadapa Silver Price in Tirupati Silver Price in Eluru Silver Price in Vizianagaram Silver Price in Nandyal Silver Price in Ongole Silver Price in Chittoor Silver Price in Bhimavaram Silver Price in Dharmavaram Silver Price in Tadepalligudem Silver Price in Gwalior Silver Price in Ujjain Silver Price in Sagar Silver Price in Dewas Silver Price in Satna Silver Price in Rewa Silver Price in Kavaratti

Historical Silver Price in Theni for Last 6 Months

Silver Price in Theni January 2023

Silver Price
1st January,2023Rs. 74,300
25th January,2023Rs. 73,000
Highest PriceRs. 89,000/- per Kg on 5th January,2023
Lowest PriceRs. 72,000/- per Kg on 20th January,2023
Over all performance
Percentage Change-1.46%

Silver Price in Theni December 2022

Silver Price
0Rs. 0
0Rs. 0
Highest PriceRs. 0/- per Kg on 0
Lowest PriceRs. 0/- per Kg on 0
Over all performance
Percentage Change0

Silver Price in Theni November 2022

Silver Price
0Rs. 0
0Rs. 0
Highest PriceRs. 0/- per Kg on 0
Lowest PriceRs. 0/- per Kg on 0
Over all performance
Percentage Change0

Silver Price in Theni October 2022

Silver Price
0Rs. 0
0Rs. 0
Highest PriceRs. 0/- per Kg on 0
Lowest PriceRs. 0/- per Kg on 0
Over all performance
Percentage Change0

Silver Price in Theni September 2022

Silver Price
0Rs. 0
0Rs. 0
Highest PriceRs. 0/- per Kg on 0
Lowest PriceRs. 0/- per Kg on 0
Over all performance
Percentage Change0

Silver Price in Theni August 2022

Silver Price
0Rs. 0
0Rs. 0
Highest PriceRs. 0/- per Kg on 0
Lowest PriceRs. 0/- per Kg on 0
Over all performance
Percentage Change0

Silver Price in Theni July 2022

Silver Price
0Rs. 0
0Rs. 0
Highest PriceRs. 0/- per Kg on 0
Lowest PriceRs. 0/- per Kg on 0
Over all performance
Percentage Change0

Silver Price Today in Theni

Silver Price Today in Theni for 1 gram silver is ₹ 0, which is 0.00 change in Yesterday Silver rate in Theni. 100 gram Silver price today in Theni is ₹ 0. The Exact 1 kg Silver Rate in Theni is ₹ 0. Frequently check this page to know the recent updates and change in silver rate in Theni.

Trend of Silver Rate in Theni:

Silver is one of the most precious metals in Theni, valued both as a form of currency and store of value. In Theni, Silver Jewellery could be a issue of Beauty & Joy Forever. Like Gold, Silver is being considered as a reliable store of wealth and value for centuries. Even if there is decline in the value of paper money, Silver, the white metal may potentially hold their value better and carries the same reputation for reliability to this day. The art of predicting silver rate in Theni is very closely connected to predicting gold prices. Explore the accurate Silver Rate in Theni here.

What are the factors affecting Silver Rate in Theni?

The key factors that affect the volatility of silver rate in Theni are fluctuating industrial demand and store of value demand, geo-political uncertainties, rising crude oil prices, depreciating dollar, government policies on major export and import destinations, sales by central banks, direction of gold prices and direction of other commodity prices. Many consider silver as a future substitute for investment in gold.

What is Silver Rate in Theni based on different measuring units?

Quantity of Silver is measured in troy weight and grams. In Theni, Silver is also available in troy ounces, million ounces, grams, kilograms, tonnes, short tonne, metric tonnes, tolas etc. Silver may also be measured in carats similar to how gold is measured. 1 Troy ounce = 31.1035 gram
1 tonne = 1000 kilogram
1 tola = 12 Masha or 11.67 gram

How is Silver Rate in Theni determined by Purity of Silver?

Silver purity is measured in Percentage (%). Usually copper is added to silver to produce more durable coins. The standard Silver Purity in Theni is 94.79%, thus , the alloy contains 94.79% pure silver and 5.21 percent copper or other metals. The sterling silver alloy is 92.5% pure silver and 7.5 percent copper or other metals.
There are few ways to determine the purity of the silver. For example, run a magnet over the silver jewellery, if the silver jewellery sticks, it means it is not pure. Also, you can check for stink test, sterling silver does not stink at all.

Things to note when buying Silver, after knowing Silver rate in Theni:

Before Buying Silver in Theni, you should check the Silver Rate in Theni, provided on this page. It is recommended to buy Silver when the silver rate in Theni is low compared to past few days, the data of which is estimated in this page itself. Here, You can find the live Silver Rate in Theni available online, to plan and purchase your silver at the lowest price to attain more profit. You should note the following important things before buying Silver in Theni:
  • Take into consideration the details of the overall craftsmanship, the intricacy of Silver Jewellery designs, the weight of the Silver Jewellery items, and any marks, flaws, or areas of tarnish.
  • Look for the hallmark .925, which indicates that the metal is genuine sterling silver. Authentic silver jewelry will have markings like "Sterling Silver", "925", "Ster" in secret places.
  • Check if anywhere it is mentioned that it has nickel plating. Nickel plating is harmful to the skin.

When buying silver in Theni, it is recommended to prefer online Silver dealers, because online dealers may potentially offer significantly lower dealer premiums compared to brick and mortar coin and bullion shops. Online dealer silver price today in Theni can be quickly and conveniently compared from the comfort of your home or office. Through online Silver dealers, You can simply pick a few products you are interested in purchasing, and compare the silver price per kg today between a few different dealers. In this Theni Silver rate Comparison, Don't forget to include any shipping or handling costs as well. Some dealers may offer highly discounted or even free shipping, while others don't. The total cost of the purchase and any shipping or insurance fees should be factored in when comparing dealers. You can easily conclude the best dealer with reasonable silver price today in Theni.

Silver Rate in Theni - How to pay by Check or Bank Wire?

Many offline Silver dealers often offer one price for bank wire or check and a higher Silver price for credit or debit card payments for your Silver purchase. The fact behind that is the dealer incurs a processing fee from the card provider. On purchasing Silver in Theni, to get the best possible silver rate in Theni, stick with bank wires or checks.

How to buy Silver after checking silver price Today in Theni?

The most important thing to keep in mind while buying any kind of silver in Theni is to check the live silver market rate i.e., live silver price today in Theni. Silver bars can be purchased from banks and big jewelers, as they are typically kept for serious investors. These bars typically range from 500 gm to 1kg.

What is the future scope of exchange based on Silver Rate in Theni?

For a serious Silver investor, it is one of the best option to buy silver in the Futures Exchange market. There are also several charges associated with trading in the futures market, including brokerage, stamp duty and various other charges that any silver buyer would have to bear.

Silver Rate in Theni - What is Silver ETF?

In Theni, there is no silver ETF (Exchange Traded Fund) currently with the closure of the National Spot Exchange. However, there is an option for trading in Silver ETFs listed in the US market. Investors looking to trade in the silver ETFs listed on the US market need to open an account with a stock broker who offers a platform for investing in international stock markets.Keep the following points in mind before buying Silver in Theni:

  • Closely Research Silver Rate in Theni and in your particular local area
  • Decide what kind of silver you want to buy - silver bars, silver coins, or silver jewelry.
  • Ensure certification i.e., check for BIS Hallmark during your silver purchase
  • Careful about buying only from trusted certified sellers.

Silver Rate in Theni - How to buy Silver from banks in Theni?

Buying silver from any bank in Theni may give you the satisfaction about the purity of silver as a bank is more reputable than the jeweller next door, but it also means that you have to pay much more. HDFC Bank was the first bank in the country to sell physical silver in India. Thus, Purchasing silver from a bank in Theni is a relatively safer option, as the bullion comes with a certificate of quality and is guaranteed by the bank and an external agency.

What is BIS Hallmarked Silver Rate in Theni?

Hallmarking is a process that officially records and determines the metal content in gold/silver articles. It's used as a seal of guarantee that assures purity, which is accepted in various countries. In India, BIS (Bureau of Indian Standards) is the national Standards body of India who authenticates the purity of Silver in India. FX Global Metal Corporation is India's first company to offer 999 BIS Hallmarked Silver Coins.

BIS has launched the hallmarking scheme for silver in December 2005 under IS 2112. A hallmarked silver article will contain the following:

  • A BIS Mark on the surface of the article
  • A purity grade (ranging from 999.9 to 999 for fine silver and For silver alloys, silver Jewellery and silver artifacts, silver purity grade is 970, 925, 900, 835, 800).


Grade

Fineness
9999
Fine Silver
999.9
9995
Fine Silver
999.5
999
Fine Silver
999.0
990
Silver alloys for jewellery artefacts
990.0
970
Silver alloys for jewellery artefacts
970.0
925
Silver alloys for jewellery artefacts
925.0
900Silver alloys for jewellery artefacts
900.0
835Silver alloys for jewellery artefacts
835.0
800Silver alloys for jewellery artefacts
800.0
  • Assaying/Hallmarking Centre's Identification Mark/Number
  • Jeweler's identification mark
  • Year of marking - denoted by a code letter (e.g.'R' for year 2013)

Silver buyers should look for the above four signs while buying silver or silver jewellery in Theni, after knowing the correct silver price today in Theni from this page.

Why Silver Rate in Theni cheaper when compared to Gold?

Throughout the modern era, silver has been considered cheaper as compared to gold. A majority of silver is used for industrial purposes. One of the primary reasons that make Silver Rate in Theni cheaper is its lesser demand across the Theni. The higher demand means the higher silver price in Theni and vice-versa.

Silver Rate in Theni varies for different forms of Silver:

Silver is available in multiple forms including bullion bars, rounds, coins and collectible coins. Among these forms of Silver, Bullion bars are the least expensive for refiners to produce.

How are the taxes levied based on Silver Rate in Theni?

In Theni, "Silver" is also called as the "poor man's gold". Every Silver buyer will be charged VAT (value-added tax) on their Silver bullion purchase at the time of Silver purchase in Theni. If one has bought silver bullion above Rs. 5 lakh in cash, he will be required to pay a tax of 1% at source (at the time of Silver purchase). 1% Wealth tax is payable if the net taxable wealth of your Silver exceeds Rs.30 lakh for the financial year. Silver that is given as a gift is tax-free in Theni as well as all over India. But one must keep a record of the gift that he has received to avoid confusion with the Income Tax (IT) Department.

From 1st July, 2017, after implementation of GST (Goods and Services Tax) across India, Gold jewellery, silver and processed diamonds will also be taxed at 3 percent in Theni.

What is the importance of checking Silver Price Today in Theni?

It is very important to check Silver Rate in Theni, before buying silver in online or any retail shop, because even a little variation in silver price today in Theni can lead to a big loss. The current silver rate in Theni is very high when compared to that of the last 10 years. Therefore it is important to check frequently the live silver price today in Theni at this page and to compare the current silver rate in Theni with each jeweller before buying silver in Theni. The larger and the more reputed jewelers in Theni may charge more for making charges for your silver purchase. If you realize that the making charges of silver is significantly high in one jewellery shop, then you should look at the other jeweller, where you would get a decent Silver rate in Theni. In this page, You can discover the correct accurate Silver Rate in Theni.


Latest Silver Rate in Theni Updates

Silver As An Amazing metal 25 Jan 2023

Like Gold, Silver is one of the other metals in India that is considered precious. This status of preciousness comes from the fact that Silver is primarily used for jewelry in India and has a motley of traditions associated with it. Thus, it is no wonder that there is always a demand for Silver and this ever present demand affects the Silver rates. If one is looking to purchase this dazzling metal, understanding the Silver rates would be the first step. For instance the Silver rate in Theni for 1 gram is Rs.73.00 today which clearly shows that there has been a rise in the Silver Rate from the Silver Rate yesterday which was Rs.72.00 per gram. Like the Silver rates in Theni we have apprised the Silver Rates for the other states in the country and have enumerated the same on this page.

Glocal Demand For Silver 24 Jan 2023

Not surprisingly Silver is not a metal that has an enormous demand in India. The popular belief that demand for Silver is primarily jewellry based, was disproved when it was proved that more than 70% of the demand for this metal comes from industrial uses. The industrial use of Silver has guaranteed that the demand for this multipurpose metal is wide and vast and not restrained to one or few countries. And this widespread demand has an immense impact on the Silver rates causing the same to fluctuate and waver like in Theni the Silver Rate market indicated that the Silver rate yesterday for 1 gram was Rs.74.00 but the Silver Rate in Theni today is Rs.72.00 per gram which shows that there has been a significant decreases in the rates.

Silver In Indian Context 23 Jan 2023

India is a country that is generally known for its adherence to traditions and cultural beliefs. Precious metals as such have a number of interpretations in the Indian context and the same can be seen with regard to Silver which is a metal that stands next to Gold in the order of priority. This could be the reason why there is a significant difference in the Gold rates and Silver rates, while the gold rates are in thousands the Silver rate in Theni according to the Silver Market today 23rd January 2021 is Rs.74.00 per gram. But this does not remain stagnant as the Silver Rate yesterday was Rs.74.00 per gram indicating the stability. Similarly the Silver Rate tomorrow will not be the same it does one no harm to be apprised of the Silver rates before one plans to make a purchase of this amazing metal.

Traditions And Cultures Of Silver 21 Jan 2023

The attraction towards Silver like its counterpart Gold is inexplicable. This passion towards this metal is not a recent development, the love for Silver by Indians can be traced back to history wherein this metal was one form of money - Silver coins. In fact Silver coins from the past have aided historians in their study of the past and past civilisations. As for jewellery Silver is a metal that is preferred for adornment of the lower half of the body like anklets, bangles, rings and leg rings. We have in this page enumerated the Silver rates for the various states. For example the Silver Market trends show that there is a slight to significant rise in the Silver rates between yesterday and today, as the Silver rate in Theni today 21st January 2023 is Rs.74.00 per gram as opposed to the Silver rate yesterday.

Silver As An Industrial Requirement 20 Jan 2023

Jewellry is not the not only use of this sparkling metal, Silver is primarily an industrial metal with more than three fourth of its consumption being industries. In fact almost 77% of Silver is consumed by industries. Some of the major uses of Silver in industrial use are for electronics, medicine etc. Silver is a metal that when mined is a by-product of zinc, lead, copper and gold. There has been an upsurge in the consumption of this metal which is one primary reason why the Silver rates have been increasing as days progress. This decreases can be observed even in the gram rates like in Theni the Silver rate yesterday was Rs.84.00 per gram and today is Rs.72.00 per gram . The Silver rates are not the same for the different states and even oscillate for different dates. We have provided the Silver Rates for these states and for different dates on our page.

Poor Man’s Gold 20 Jan 2023

Silver is generally considered the Poor Man’s Gold as this is a more affordable metal when compared to the Gold rates. For instance, the quoted Silver rate on the Silver rate market in Theni today is Rs.72.00 per gram. Like gold rates, the Silver Rates do not remain the same, they keep changing which can be observed by comparing the above rate with the Silver Rate in Theni yesterday which was Rs.84.00 per gram indicating the decreases. This is much lower than the Gold rates. This low rate is what prompts the public to swerve towards this metal instead of gold. This metal is also sometimes used for deities especially when one looks to keep deities at home and is often offered as gifts for auspicious events. These various uses are what makes this metal despite being the Poor Man’s Gold is loved by all.

Significance Of Silver Rates 20 Jan 2023

Checking the Silver rates before planning to get Silver is a necessity. One of the main reasons to be aware of the Silver rates is to understand Silver rate trends, and the other is to know if the Silver is within the levels of purchase-ability though generally Silver rates are on the lower rate and feasible for almost everyone. But this rate is never stable and would keep oscillating on a daily basis. For instance the silver rate in Theni today is Rs.72.00 per gram but this was not the case yesterday when the price was decreases in Theni to Rs.84.00 per gram . Thus, knowing the Silver rates is imperative. Our page would be your ideal destination if you were also looking for Silver Rates. We have listed out the Silver Rates in all the states in India. This page also updates this Silver Rates regularly to take into account the changing rates.

Silver As An Amazing metal 19 Jan 2023

Like Gold, Silver is one of the other metals in India that is considered precious. This status of preciousness comes from the fact that Silver is primarily used for jewelry in India and has a motley of traditions associated with it. Thus, it is no wonder that there is always a demand for Silver and this ever present demand affects the Silver rates. If one is looking to purchase this dazzling metal, understanding the Silver rates would be the first step. For instance the Silver rate in Theni for 1 gram is Rs.84.00 today which clearly shows that there has been a rise in the Silver Rate from the Silver Rate yesterday which was Rs.74.80 per gram. Like the Silver rates in Theni we have apprised the Silver Rates for the other states in the country and have enumerated the same on this page.

Glocal Demand For Silver 18 Jan 2023

Not surprisingly Silver is not a metal that has an enormous demand in India. The popular belief that demand for Silver is primarily jewellry based, was disproved when it was proved that more than 70% of the demand for this metal comes from industrial uses. The industrial use of Silver has guaranteed that the demand for this multipurpose metal is wide and vast and not restrained to one or few countries. And this widespread demand has an immense impact on the Silver rates causing the same to fluctuate and waver like in Theni the Silver Rate market indicated that the Silver rate yesterday for 1 gram was Rs.75.80 but the Silver Rate in Theni today is Rs.74.80 per gram which shows that there has been a significant decreases in the rates.

Silver In Indian Context 18 Jan 2023

India is a country that is generally known for its adherence to traditions and cultural beliefs. Precious metals as such have a number of interpretations in the Indian context and the same can be seen with regard to Silver which is a metal that stands next to Gold in the order of priority. This could be the reason why there is a significant difference in the Gold rates and Silver rates, while the gold rates are in thousands the Silver rate in Theni according to the Silver Market today 18th January 2021 is Rs.74.80 per gram. But this does not remain stagnant as the Silver Rate yesterday was Rs.75.80 per gram indicating the decreases. Similarly the Silver Rate tomorrow will not be the same it does one no harm to be apprised of the Silver rates before one plans to make a purchase of this amazing metal.

Silver Rate in Theni - FAQ

Q1. What is the silver rate in Theni Today?

Today's silver rate is Rs.65.30 per gram in Theni, when there is an increase in the gold rates, the investors shift to the silver investment. Internationally, the demand for silver continues to be good.

Q2. Why is Silver considered an Industrial Requirement?

Silver is primarily an industrial metal with more than three fourth of its consumption being industries. Silver is a metal that when mined is a by-product of zinc, lead, copper and gold.

Q3. How to buy Silver?

There are two ways to buy silver, physical bullion or silver-backed securities. Silver is a long-term hedge against inflation and stock market volatility, but it also benefits from the rise of specific businesses.

Q4. Is Silver Rate Cheaper in Theni?

Yes, silver has been considered cheaper as compared to gold throughout the modern era. A majority of silver is used for industrial purposes.

Q5. What to know when buying Silver?

When buying silver, it is recommended to prefer online Silver dealers, because online dealers may potentially offer significantly lower dealer premiums compared to brick and mortar coin and bullion shops.


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