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Silver Rate

Silver Rate in Andhra Pradesh

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Aakash Jain

Stay informed with the latest silver prices in Andhra Pradesh for smarter investments.

In Andhra Pradesh, buying silver holds cultural significance and also serves as a prudent investment. Traditional practices, coupled with the metal's industrial applications, have led to a significant surge in silver’s importance in the state. To make an informed purchase, it is crucial to check the latest silver rates in Andhra Pradesh.

Silver Price in Andhra Pradesh

Here is the price of silver in Andhra Pradesh, today:

Quantity of silver (in grams)

Andhra Pradesh Silver Rate

1 gram

₹110

10 gram

₹1,100

100 gram

₹11,000

1 Kg

₹1,10,000

Disclaimer: The Andhra Pradesh silver rates are as of May 09, 2025 and are subject to change.

Silver Rate in Andhra Pradesh for the Last 3 Days

Here is the silver rate in Andhra Pradesh for the last 3 days.

Date

10 Grams

100 Grams

1000 Grams (1kg)

May 09, 2025

₹ 1,100

₹ 11,000

₹ 1,10,000

May 08, 2025

₹ 1,100

₹ 11,000

₹ 1,10,000

May 07, 2025

₹ 1,110

₹ 11,100

₹ 1,11,000

Disclaimer: The above details mentioned are as of May 09, 2025  and are subject to change.

Factors that Affect Silver Rates in Andhra Pradesh

The categorisation of silver grades by the Bureau of Indian Standards (BIS) influences prices. These are also determined by global and local market dynamics along with fluctuations in supply and demand and inflation rates. Furthermore, the fluctuating value of the U.S. Dollar contributes to the ebb and flow of silver prices. 

RBI policies, monetary adjustments, and geopolitical events in Andhra Pradesh also play pivotal roles in the change in silver rates. Economic stability and low inflation rates may lead to a drop in silver prices. In addition to this, revisions in interest rates and alterations in taxation, including GST, also contribute to fluctuations in silver prices in Andhra Pradesh.

FAQs

Silver Rate
Are there any taxes or additional charges applicable to silver purchases in Andhra Pradesh?

Yes, you will have to pay 3% GST when you buy any silver article in Andhra Pradesh. Furthermore, you may also be required to pay making charges.

The silver price in Andhra Pradesh is determined based on various factors including geopolitical and economic trends, taxation, central bank policies, etc.

You can purchase silver in the form of ingots, coins, and bars, or invest in silver ETFs. Another option is to buy jewellery and antiques.

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Hi! I’m Aakash Jain
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Aakash is a seasoned marketing and finance professional with over five years of experience. With a unique blend of financial expertise and creative flair, he excels in crafting succinct, user-friendly content that empowers readers to make well-informed choices. Specialising in articles, blogs, and website pages for loan products, Aakash is dedicated to simplifying complex concepts and delivering valuable insights that resonate with diverse audiences.

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