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
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.