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Silver Rate in Andhra Pradesh
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
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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