Silver Rate in Manipur | DialaBank

Today’s Silver Rate Per 10 Gram in India
Gold 22 Karat
45,690Per 10g of 22k Gold

Silver Rate in Manipur

Manipur is situated in the eastern-most corner of north India. The state is contiguous with other north-eastern states like Nagaland, Mizoram and Assam. It additionally shares its lines with India’s adjoining nation of Myanmar. The state has a wealth of verdure and in this way, it is regularly portrayed as a ‘bloom on grand statures, ‘a gem of India’ and ‘Switzerland of the East. With its stunning excellence, it is quite possibly the most visited traveller places in the country.

Manipur is known as India’s ‘Door toward the East through its Moreh town. This spot is the lone possible land course for exchanging exercises among India and Myanmar and furthermore other Southeast Asian countries. Spread more than 3,268 square km of the land zone, the state is generally covered by bamboo woodlands. Manipur is one of India’s biggest bamboo creating states and contributes altogether to the country’s bamboo industry.

Manipur is likewise known for its commitment to the handiwork business in India. It gloats of the greatest number of art people in the talented and semi-gifted classification in the whole upper east belt. It likewise has a thriving handlooms industry as it positions among the best five states concerning the number of weavers in the country.

Silver Prices in Manipur

While purchasing silver in Manipur, particularly for mass requests, it bodes well to look into the chronicled value patterns and likewise settle on the buying time. This year, costs have been fluctuating for this valuable metal, be that as it may, the interest has not died down because of the assumption for more significant yields later on.

Silver Rate in Manipur could change according to the developments in components like worldwide costs, existing international situation, and so on Silver brokers in Manipur keep a nearby watch on the opening and shutting paces of this valuable metal. The most elevated and least costs are likewise mulled over while managing in silver. Merchants additionally take a gander at the value highs and lows to get an unmistakable comprehension of the normal value levels.

Quantity Rupee Dollar Pound
1 Gram INR 67.30 USD 0.98 GBP 0.74
1 Tola INR 784.97 USD 11.42 GBP 8.59
10 Grams INR 673.00 USD 9.79 GBP 7.36
1 Sovereign INR 538.40 USD 7.83 GBP 5.89
10 Tolas INR 7,849.74 USD 114.15 GBP 85.88
1 Ounce INR 2,093.26 USD 30.44 GBP 22.90
1 Kilogram INR 67,300.00 USD 978.67 GBP 736.33

Historical Price of Silver Rate In Manipur

Trend of Silver Rate in Manipur for October 2020 (Rates per gram for 1Gram / 1Kg Silver)

Silver Rates 1 gram 1 Kg
October 1st Rate 63.22 63,220
October 31th Rate 62.67 61,669
Highest October Rate 66.11 66,106
Lowest October Rate 62.67 61,669

Trend of Silver Rate in Manipur for November 2020 (Rates per gram for 1Gram / 1Kg Silver)

Silver Rates 1 gram 1 Kg
November 1st Rate 58.36 58,356
November 30th Rate 63.26 63,258
Highest November Rate 64.91 63,909
Lowest November Rate 58.36 58,356

Trend of Silver Rate in Manipur for December 2020 (Rates per gram for 1Gram / 1Kg Silver)

Silver Rates 1 gram 1 Kg
December 1st Rate 70.51 69,512
December 31th Rate 60.85 59,848
Highest December Rate 70.51 69,512
Lowest December Rate 60.85 59,848

Trend of Silver Rate in Manipur for March 2021 (Rates per gram for 1Gram / 1Kg Silver)

Silver Rates 1 gram 1 Kg
March 1st Rate 63.91 62,913
March 31th Rate 70.40 70,400
Highest March Rate 70.44 70,439
Lowest March Rate 63.91 62,913

Trend of Silver Rate in Manipur for February 2021 (Rates per gram for 1Gram / 1Kg Silver)

Silver Rates 1 gram 1 Kg
February 1st Rate 70.40 70,400
February 28th Rate 65.99 64,992
Highest February Rate 76.75 75,743
Lowest February Rate 65.99 64,992

Trend of Silver Rate in Manipur for January 2021 (Rates per gram for 1Gram / 1Kg Silver)

Silver Rates 1 gram 1 Kg
January 1st Rate 65.99 64,992
January 31th Rate 69.92 68,922
Highest January Rate 72.26 72,257
Lowest January Rate 65.95 64,956

The trend of Silver Rate in Manipur for September 2020 (Rates per gram for 1Gram / 1Kg Silver)

Silver Rates 1 gram 1 Kg
September 7th Rate 64.26 64,264
September 30th Rate 71.16 71,160
Highest September Rate 72.92 71,920
Lowest September Rate 60.21 60,209

Historical Silver Rates in Manipur

01-Mar-21 Rs. 72.62 Rs. 72620
01-Feb-21 Rs. 78.22 Rs. 78220
01-Jan-21 Rs. 71.11 Rs. 71110
01-Dec-20 Rs. 63.81 Rs. 63810
01-Nov-20 Rs. 64.31 Rs. 64310
01-Oct-20 Rs. 62.41 Rs. 62410
01-Sep-20 Rs. 75.71 Rs. 75710
01-Aug-20 Rs. 71.51 Rs. 71510
01-Jul-20 Rs. 53.71 Rs. 53710
01-Jun-20 Rs. 54.71 Rs. 54710
01-May-20 Rs. 42.06 Rs. 42060
01-Apr-20 Rs. 41.72 Rs. 41720
01-Mar-20 Rs. 47.42 Rs. 47420
01-Feb-20 Rs. 50.92 Rs. 50920
01-Jan-20 Rs. 50.32 Rs. 50320
01-Dec-19 Rs. 48.12 Rs. 48120
01-Nov-19 Rs. 50.62 Rs. 50620

Silver Rate Trend in 2020

In 2020, a few elements have influenced silver rates across the globe. The start of the Covid-19 pandemic caused a significant impact on silver rates in India. In any case, regardless of the underlying fall, silver rates have again fired getting and are seeing an upward pattern. The steady developments in Silver rates are brought about by numerous drivers. In a ton of spots, swelling is supposed to be one of the significant drivers. Fears of a forthcoming financial plunge are likewise bringing about high silver costs.

India has a few assessments and import obligations that are required on silver. These continually sway Silver rates. Some of the time, gold costs likewise impact silver value developments. With gold getting costlier constantly, numerous individuals have moved from gold to silver speculations.

What makes Silver Rates in Manipur to increase or decrease?

Many factors are responsible for silver rates to fluctuate within the country. Different cities in fact have different reasons why the silver rate change.

  • The main reasons causing silver rates to move is demand from the public. If the demand for silver increases, the price also rises and if the demand decreases, the prices drop, as the law of demand and supply.
  • Economic policies by the state, rate at which taxes are imposed, other costs that are factored in during the purchase of silver may increase or decrease silver prices.
  • If the use of silver by the industrial sector increases, silver rates are affected.
  • Silver rate in Maharashtra today per gram is impacted by the rupee on dollar strength.
  • Any change in policies on a nation level can impact both, the gold and silver rates severely.

What are the various measuring units of Silver in Manipur?

For standard buying and selling of metals, it is important to measure them by a standard measurement. Like gold, silver too has a similar form of measurement.

This measuring unit is named as troy ounce. Other measurements are kilograms, tolas, gram etc. Decipher for these metrics for silver in Manipur are: 1 Troy ounce equals 31.1035 gram. 1 tonne equals 1000 kilogram and 1 tola is 12 masha or 11.67 gram.

How much is the Tax Levied on Silver Rate in Manipur?

There are many taxes that are imposed on the purchase of silver in Manipur. Buying silver is a luxury and taxes from luxury are an important source of income to the government.

The mandatory tax levied by the government is 3% GST that has been applied from 2017 when GST was first introduced.

Other charges that are also factored in on the silver rate in Maharashtra are charges that differ from jeweller to jeweller, transportation costs and making charges.

Therefore, tax on silver rate in Manipur is imposed on per kg of purchase of silver.

How to check Silver purity in Manipur?

The purity of silver can be checked by tools used to differentiate pure silver with silver coating.

The pure silver rate in Manipur is fixed on products that have a purity level of 94.79% mixed with other alloys. These alloys can be electrum, copper or platinum.

A local way to check purity in silver is by using a magnet. If a magnet sticks to the steel then, the steel is pure and if it doesn’t the steel is supposed to be impure.

Apart from this trick, you may also check with silver outlets on whether silver is pure or your metal has been only coated with silver.

Where to purchase silver in Manipur?

Anyone that gives you a BIS Hallmark guarantee will purchase platinum. This is the only way to ensure that you are not fooled. In the shape of a favourite jeweller, there are several choices for online salespeople. Silver imprints were embraced in 2005 by the Bureau of Indian Standards (BIS). The immaculateness of silver shifts and its best quality is 9999. Ordinary markers in the BIS Recognized Checking and Hallmarking Centers are imprinted in the silver and silver combinations. 5 characteristics of platinum, including

BIS mark


Examine focus’ distinguishing proof imprint

Year of checking

Jeweller’s/maker’s ID mark

Web-based purchasing openings: There are really numerous online shops offering silver with different purities. In spite of the fact that shopping online is simple, you should be cautious just to purchase from confided in approved vendors on account of the impressive potential for silver extortion and debasement.



✅ What are the factors influencing the silver rate in Manipur?

The most common factors which influence the silver rate in Manipur include the ongoing trends in the equities market across the country. The demand for bullion vis-a-vis silver demand is also an influencing factor. In 2020, the dollar value and rupee rate have also had a heavy influence on the constantly changing silver rates.

✅ Does the silver price in Manipur change daily?

The silver prices in Manipur keep changing frequently, if not daily, as it is determined by many factors such as the trend in bullion prices and also movements in the equities market. Crude oil prices are also highly influential in silver price movements. Rupee and dollar rates in the international market have also been determining silver price changes this year.

✅ Why is there a sudden spike in silver rates in Manipur?

The current market volatility and the currency market impact, especially as witnessed with the Dollar, international silver rates have constantly risen lately. This has had a major influence on silver rates in Manipur which have experienced a spike lately.

✅ Do investors buy silver coins/bars in Manipur?

As various government policies have brought down the currency values, the silver investment could have very strong returns in the long run. Silver coins can be easily verified and liquidated during any financial emergencies. Silver bars are also easy to carry around and transport and investors can diversify their portfolio with a good mix of precious metals along with equity and debt investments.

✅ Is silver a good investment as compared to gold?

Yes. Presently, silver is a preferred investment across India. This is because gold prices have remained unaffordable for many investors. Silver is also believed to fetch higher returns in the long term and therefore, continues to be a favourite of most investors.