Silver Rate in Chandigarh Today

People in Chandigarh tend to buy silver due to its affordable nature. Silver rates are ever changing and fluctuating based upon a variety of factors and the best way to make a timely purchase of silver is to track the rates and observe the trend of the silver prices. This ensures that buyers and sellers get the best price for the metal. Silver rates in Chandigarh like all other places are also very dynamic

Silver Price Silver  – ₹ Per Kg
Today 67,600

Silver Rate in Chandigarh for Last 10 Days

Date Silver (1 gram) Bar Silver (1 Kg)
11 March 2021 ₹ 71.7 ₹ 71,700
10 March 2021 ₹ 71.4 ₹ 71,400
9 March 2021 ₹ 70.2 ₹ 70,200
8 March 2021 ₹ 66.5 ₹ 66,500
7 March 2021 ₹ 70.1 ₹ 70,100
6 March 2021 ₹ 70.1 ₹ 70,100
5 March 2021 ₹ 69.8 ₹ 69,800
4 March 2021 ₹ 71.6 ₹ 71,600
3 March 2021 ₹ 67.9 ₹ 67,900
2 March 2021 ₹ 72 ₹ 72,000

Historical Price of Silver Rate in Chandigarh

The trend of Silver Rate in Chandigarh for February 2021 (rates per kg)

Parameters Silver Price (per kg)
February 1 Rate Rs.78,100 per kg
February 28 Rate Rs.67,500 per kg
Highest Rate in February Rs.78,100 per kg on 1 February
Lowest Rate in February Rs.67,300 per kg on 5 February
Overall Monthly Performance Decline
Percentage Change -13.57%

The trend of Silver Rate in Chandigarh for January 2021 (rates per kg)

Parameters Silver Price (per kg)
January 1 Rate Rs.72,000 per kg
January 31 Rate Rs.69,800 per kg
Highest Rate in January Rs.72,000 per kg on 1 January – 3 January
Lowest Rate in January Rs.63,900 per kg on 9 January – 11 January
Overall Monthly Performance Decline
Percentage Change 3.05%

The trend of Silver Rate in Chandigarh for December 2020 (rates per kg)

Parameters Silver Price (per kg)
December 1 Rate Rs.64,600 per kg
December 31 Rate Rs.72,300 per kg
Highest Rate in December Rs.74,100 per kg on 21 December
Lowest Rate in December Rs.63,400 per kg on 10 December
Overall Monthly Performance Incline
Percentage Change 11.90%

The trend of Silver Rate in Chandigarh for November 2020 (rates per kg)

Parameters Silver Price (per kg)
November 1 Rate Rs.60,100 per kg
November 30 Rate Rs.63,300 per kg
Highest Rate in November Rs.70,000 per kg on 7 November
Lowest Rate in November Rs.60,100 per kg on 1 November
Overall Monthly Performance Incline
Percentage Change 5.32%

The trend of Silver Rate in Chandigarh for October 2020 (rates per kg)

Parameters Silver Price (per kg)
October 1 Rate Rs.60,700 per kg
October 31 Rate Rs.61,000 per kg
Highest Rate in October Rs.63,500 per kg on 21 October
Lowest Rate in October Rs.60,210 per kg on 8 October
Overall Monthly Performance Incline
Percentage Change 0.49%

Trend of Silver Rate in Chandigarh for September 2020 (rates per kg)

Parameters Silver Price (per kg)
September 1 Rate Rs.76,500 per kg
September 30 Rate Rs.62,500 per kg
Highest Rate in September Rs.76,500 per kg on 1 September
Lowest Rate in September Rs.58,500 per kg on 24 September
Overall Monthly Performance Decline
Percentage Change -18.30%

Silver Price in Chandigarh

Silver Rate in Chandigarh

The population of Chandigarh prefers buying silver as it is quite affordable when compared to gold. It also offers better returns than gold. The silver rate will steadily rise in the medium to long term as the bullion rises. The price tends to remain stable across the world even during times of financial uncertainties. Silver is also known as the ‘poor man’s gold’ because of its availability and low pricing in Chandigarh.

What Makes the Demand for Silver in Chandigarh?

Silver is a popular metal in Chandigarh. It is easily available at affordable prices. The silver rate in Chandigarh depends on several factors including national and international factors and the demand and supply of it in the market. Currently, the silver price today in Chandigarh is Rs. 71,700 for 1 kg of silver.

Why is Silver a Good Option to invest?

  • Physical silver is a hard asset. Physical silver is also a tangible hedge against all forms of hacking and cybercrime.
  • It is much more affordable for the average investor, and yet as a precious metal will help maintain your standard of living as good as gold.
  • It can be more practical when you need to sell. Since it frequently comes in smaller denominations than gold, you can sell only what you want or need at the time.
  • It’s used in nearly every major industry, from electronics and medical applications to batteries and solar panels.
  • The gold/silver ratio can give clues about which metal might be the better buy at any given time. Especially when the ratio reaches an extreme.

Silver as an Investment in Chandigarh

  • Jewelry – A lot of households use silver cutlery. Also women like wearing silver ornaments. 
  • Coins and bars – Silver can be bought in coins and bars. Silver coins are used in India as gifts for various occasions.
  • The banks also offer silver coins and bars and provide an assay certification as well. Yet they don’t buy the silver in return from you while dealers and jewelers will buy the silver back from you.
  • Silver bullion – You can buy small quantities of pure silver at Bullion India at the lowest possible price.

Also, check the Gold rate in Chandigarh.

Things to Remember Before Buying Silver Jewellery in Chandigarh

There are several factors to be considered while purchasing silver. Some of these factors are mentioned below.

  • Form in which silver is purchased
  • Purpose of purchasing silver whether for personal use or investment purposes
  • Quantity of silver to be purchased
  • Source of purchasing silver
  • Certification of silver
  • Daily prices of silver
  • Purity of silver

Historical Silver Rate in Chandigarh

Months Lowest Price Silver – ₹ Per Kg. Highest Price  Silver – ₹ Per Kg.
December 2020 59,000 70,700
November 2020 58,300 65,410
October 2020 60,200 63,800
September 2020 57,000 69,500
August 2020 65,000 76,510
July 2020 48,510 66,050
01 Jun 2020 47,100 50,160
May 2020 41,000 50,110
April 2020 39,940 42,700
March 2020 39,480 51,080
February 2020 48,000 51,500
January 2020 48,900 51,000

Also, check the silver rates in other cities.

FAQs

✅ What is the price of 1 kg silver in Chandigarh today?

The price of 1 kg silver in Chandigarh today is Rs. 67,600.

✅ What is the cost of 10-gram silver in Chandigarh?

The current price of 10-gram silver in Chandigarh is Rs. 676.

✅ Where can you Buy Silver from in Chandigarh?

You can buy silver in Chandigarh at Kalyan Jewellers, Tanishq, Raj Sons Jewellers, Delhi Jewellers, Subash Chander Deluxe Jewellers Verma, B R Jewellers, Malik Jewellers, Shree Jewellers, Talwarsons Jewellers, etc.

✅ What is the price of silver rate today in Chandigarh?

The price of the silver rate in Chandigarh today is Rs. 44,310 for 1 kg silver.

Menu