Silver and gold are a few of the precious metals present in almost every household in India. These have cultural value too, which is why many invest in them. Looking at the historic trend of the silver rates in Hyderabad and other cities, you can ascertain that it is an appreciating asset.
Before investing, however, you should check today’s silver rate in Hyderabad or for the city you reside in. Along with the current cost, you should also check the trend of the silver price and know the factors that affect these prices.
Having this information enables you to make informed investment decisions that keep your current and future finances protected. To know how much silver costs today in Hyderabad and what affects this rate, read on.
Given below is an overview of today’s silver rate in Hyderabad for different quantities.
Quantity of silver (in grams) |
Silver Price in Hyderabad |
01 |
₹ 73.10 |
10 |
₹ 731 |
100 |
₹ 7310 |
1000 (1 kg) |
₹ 73,100 |
Disclaimer: The above silver price in Hyderabad is as of Oct 04, 2023, and is subject to change.
Given below is an overview of the silver price in Hyderabad for the last ten days.
Date |
1 Gram |
10 Gram |
100 Gram |
1000 Grams (1kg) |
Oct 04, 2023 |
₹ 73.10 |
₹ 731.00 |
₹ 7,310.00 |
₹ 73,100.00 |
Oct 03, 2023 |
₹ 73.50 |
₹ 735.00 |
₹ 7,350.00 |
₹ 73,500.00 |
Oct 02, 2023 |
₹ 75.50 |
₹ 755.00 |
₹ 7,550.00 |
₹ 75,500.00 |
Oct 01, 2023 |
₹ 76.00 |
₹ 760.00 |
₹ 7,600.00 |
₹ 76,000.00 |
Sep 30, 2023 |
₹ 76.00 |
₹ 760.00 |
₹ 7,600.00 |
₹ 76,000.00 |
Sep 29, 2023 |
₹ 77.50 |
₹ 775.00 |
₹ 7,750.00 |
₹ 77,500.00 |
Sep 28, 2023 |
₹ 76.50 |
₹ 765.00 |
₹ 7,650.00 |
₹ 76,500.00 |
Sep 27, 2023 |
₹ 77.00 |
₹ 770.00 |
₹ 7,700.00 |
₹ 77,000.00 |
Sep 26, 2023 |
₹ 77.60 |
₹ 776.00 |
₹ 7,760.00 |
₹ 77,600.00 |
Sep 25, 2023 |
₹ 79.00 |
₹ 790.00 |
₹ 7,900.00 |
₹ 79,000.00 |
Disclaimer: The above prices are as of Oct 04 2023.
Local taxes are one reason why the silver rate in Hyderabad today is different and more than some cities of India. In addition to this, other factors like demand and supply, inflation, and import duty also result in a change in the price of silver.
The highest purity of silver is 99.9%. Keep in mind that the silver rate in Hyderabad also depends on the purity of silver you purchase. Since 99.9% is the highest, the price will also be the highest. As the purity goes down, the cost will also go down.
International factors that affect the price of silver include the value of international currency like USD, the price of oil, and international bullion market.
The best time is when there is a surplus in supply and the rates go down. At such junctures, you can get more for your money, and enjoy greater returns when the demand inevitably increases.