Silver Rate in Hyderabad Today – Get Latest Update on Silver Price in Hyderabad

Silver is one of the most sought after metal that has various usages which not only includes the jewelry making but others as well. In this article, you will read about the Silver Rate in Hyderabad and you can do your analysis with the information provided by us in this article.

You can then make an informed decision about investing in the commodity. The article will cover Silver Rate in Hyderabad Today and you can check the price of the commodity by coming to this page every day.

The price which is mentioned here on this page is Silver Rate in Hyderabad Live that means the price keeps changing on a real-time basis.

So, whenever you visit this page, you will get the updated price along with other historical prices and information that we will be discussing in this article.


Silver Rate in Hyderabad – 10 gm, 100 gm & 1 kg Silver Price in Hyderabad Today

Silver Price in Hyderabad Today can be checked on this page as mentioned above as well. This section is specifically for the present day’s price of the silver for different quantity as you can see in the table given above. The prices are given for 10 grams of silver, 1 kg of silver as well as for 100 grams of silver.

Apart from these, 1 Kg Silver Rate in Hyderabad and for other quantities, the table contains important information about the previous day’s price, change that happened within the past 24 hours.

Also, the change is given in percentage as well, so that it can be easily understandable by the investors.

Along with these, as you can see the performance of the commodity has also been mentioned which is great information that you must be required for investments.

Also, Check out the Gold Rate in Hyderabad Today


Silver Price in Hyderabad for Last 15 Days

This section is for the past fifteen days’ price which every trader needs to analyze and interpret the past and the future price of the commodity respectively.

The table has Silver Price in Hyderabad for the past fifteen days which can easily give you the trend that the price is following and, you can understand when to invest in the market observing this information.


Find Silver Rates of Top Indian Cities & States

Silver Rate in IndiaSilver Rate in DelhiSilver Rate in KolkataSilver Rate in Mysore
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Silver Price in Hyderabad – Past 6 Months Price

For any investor, knowing the past or historical Silver Rate in Hyderabad is necessary. It is because the price for the future can be interpreted or anticipated based on past performance and future events that are lined up.

You need to mix both and analyze in that light and then you can get the most accurate results. So, here are prices and other details for the past six months for the silver rate in Hyderabad.

August 2020, Silver Rate Movement in Hyderabad

August-20Silver Rate per KG
1st August 2020₹ 65,110
8th August 2020₹ 74,200
15th August 2020₹ 68,000
22nd August 2020₹ 67,100
31st August 2020₹ 66,600
Highest Price₹ 76,510
Lowest Price₹ 65,000
Percentage Change18%

We urge you to check this part in order to get a detailed analysis of the silver rate in Hyderabad for the month of August. This data will be used to inputs when you study the price fluctuation of the metal silver, closely and precisely, in order to take the investment decision.

  • We have mentioned the kg expression of the price in the table, which is the most used expression to communicate about the price.
  • Here is the data pertaining to the opening and the closing price. The former was Rs.65,110; whereas the latter was Rs.66,600.
  • Here is the highest price of the metal for the month of August – Rs.76,510
  • Contrarily, the lowest price attained by the metal was Rs.65,000.
  • We have also done the commutation of the change which happened across the entire month, and it was 18%.

July 2020, Silver Rate Movement in Hyderabad

Jul-20Silver Rate per KG
1st July 2020₹ 50,050
8th July 2020₹ 50,020
15th July 2020₹ 53,000
22nd July 2020₹ 58,950
31st July 2020₹ 65,000
Highest Price₹ 66,050
Lowest Price₹ 48,500
Percentage Change36%

We are willing to give you the Silver Rate in Hyderabad stats of the July month, for the city Hyderabad, which will let you figure out the price changes as per the event of the month or the happening. You can learn how the price change took place.

  • We drafted the highest and the lowest price level for you to consider, along with the other rates.
  • The month’s first price was recorded as Rs.50,050 which further grew up to Rs.65,000 at the end of the month, which was high enough.
  • Well, we saw the metal rise up to the level of Rs.66,050, i.e. the maximum amount for the month.
  • Then, we saw the metal dip up to the level of Rs.48,500, which was the lowest amount of the month.
  • This led to the commutation of the percentage change which resulted at 36%.

June 2020, Silver Rate Movement in Hyderabad

Jun-20Silver Rate per KG
1st June,2020₹ 50,150
31st June,2020₹ 48,550
Highest Price₹ 50,160 per Kg
Lowest Price₹ 47,100 per Kg
Percentage Change6.50%

Check out the required Silver Rate in Hyderabad analysis for the month of June. Here we have all the essential points of change as introduced on account of various market conditions.

  • You can read the price change of the month in the table, which is provided in KG weight, which is by far the most traded unit.
  • Let us move on with the figures, where the opening price of the metal stood at Rs.50,150 and closing price stood at Rs.48,550.
  • Well, the opening price of the metal stood up at Rs.50,160.
  • On the other end, the metal witnessed Rs.47,100 as the lowest price of the month.
  • With all the necessary information of the month, we have commuted the percentage change at 6.50%. this was noticeable price different for the month.

May 2020, Silver Rates in Hyderabad

May-20Silver Rate per KG
1st May,2020₹ 41,000
31st May,2020₹ 50,110
Highest Price50,110/- per Kg on 31st May,2020
Lowest Price41,000/- per Kg on 1st May,2020
Percentage Change22.22%

In this section, as you can the Silver Rates in Hyderabad for the month of May have been mentioned with all the important details. So, let us see how the price moved through May –

  • As in the beginning, you can see the price of 1 kg of silver was Rs. 41000, if you compare it with the previous day’s price, then the price sloped down on the very first day of the month. However, this was just the beginning and then the price moved upward for the remaining days of the month in most cases.
  • At the end of the month, the prices were at a different high and the final price for the month was Rs. 50110 which was way ahead than the price at the starting of the month.
  • The highest price achieved in the month was Rs. 50110 only as on 31st of May and this shows the price volatility that was there and the high level of momentum with which the price was increasing.
  • The lowest price being Rs. 41000 was way too lower than the highest price and this confirms the fluctuation in the price owing to market conditions in this crisis.
  • In May, the silver price recorded one of the highest gains as it increased by 22.22% in a single month.

April 2020, Silver Rate Movement in Hyderabad

Apr-20Silver Rate per KG
1st April,2020₹ 39,940
30th April,2020₹ 42,520
Highest PriceRs. 42,700/- per Kg on 20th April,2020
Lowest PriceRs. 39,940/- per Kg on 1st April,2020
Percentage Change6.46%

In this month, the Silver Rate Movement in Hyderabad has been tracked down here in this section. Let us take a close look at Silver Rate in Hyderabad per Kilogram for this month and the changes and performance of the commodity –

  • The overall performance of the commodity was average this month as it went up by 6.46%. The performance suggests that there was not much demand for the silver this month and this can be attributed to the crisis that started due to COVID this month.
  • The month started with a bit surge in the price of the commodity as it stands at Rs. 39940 on the 1st of the month. It seems the price of the silver increased very slowly in this month as per the given information.
  • The price of the commodity at the end of the month or on 30th April was Rs. 42520 which was a moderate growth.
  • The highest price achieved in this month was Rs. 42700 and the date was the 20th of April. The lowest price was Rs. 39940 only which is also the price for the starting date of the month.
  • As per the highest and the lowest prices are concerned, the difference between both suggests that the price volatility was not there at higher levels.

March 2020, Silver Rate Movement in Hyderabad

Mar-20Silver Rate per KG
1st March,2020₹ 48,500
31st March,2020₹ 39,480
Highest PriceRs. 51,080/- per Kg on 7th March,2020
Lowest PriceRs. 39,480/- per Kg on 31st March,2020
Percentage Change-18.60%

Silver Price Movement in Hyderabad for March is given over here. You can understand how the price moved throughout the month and also we can draw some observations about the price trends and everything that is required for investing in silver in Hyderabad.

  • At the beginning of the month, the price of silver was around Rs. 48500. Comparing it with the previous month’s price, the price didn’t move at all. Post that the price started falling.
  • At the end of the month, the price of the commodity was Rs. 39480 which is a drastic fall from the initial price that we saw. This month recorded a very low price for the silver.
  • However, even when the price fell below the level of Rs. 40000 in this month, the highest price was Rs. 51080 which shows the level of high volatility that was witnessed by the silver price this month.
  • Similarly enough, the lowest price of the commodity was Rs. 39480 only which was the price of the last day of the month as well.
  • The overall performance of the commodity went downhill and it lost around 18.6% of its value in this one month only.

February 2020, Silver Price Movement in Hyderabad

Feb-20Silver Rate per KG
15th February,2020₹ 49,500
29th February,2020₹ 48,500
Highest PriceRs. 51,500/- per Kg on 24th February,2020
Lowest PriceRs. 48,500/- per Kg on 29th February,2020
Percentage Change-2.02%

In this section, you will read about the Silver Rate in Hyderabad per kilogram. There are many important prices and, aspects are discussed over here in this section –

  • In this month, silver lost around 2.02% of its value which means the prices were going down and the performance of the commodity was not good at all.
  • The price which the commodity had at the beginning of the month was Rs. 49500. The price increased from the previous month’s price but the increase is minimal.
  • Towards the end of the month, the price dropped and reached Rs. 48500 and thus the overall performance of the commodity recorded in negative.
  • The volatility in the price of the silver was moderate this month as suggested by the highest price recorded this month. The highest price was Rs. 51500.
  • The lowest price on the other hand was Rs. 48500 only that was reached on the last day of the month.

January 2020, Silver Price Movement in Hyderabad

Jan-20Silver Rate per KG
1st January,2020₹ 49,350
23rd January,2020₹ 49,000
Highest PriceRs. 51,000/- per Kg on 6th January,2020
Lowest PriceRs. 48,900/- per Kg on 14th January,2020
Percentage Change-0.71%

In this month the Silver Price in Hyderabad was more or less stable and the price movements are discussed in details here –

  • The price was at Rs. 49350 at the starting date of the month. If you check the price of the last day of the previous month, the price of the silver was the same.
  • At the end of the month, the price reached Rs. 49000 which is why the decreasing performance is being mentioned.
  • The overall performance of the commodity fell short by 0.71% this month which is negligible but then also it was negative and that must have worried the investors a lot.
  • However, on the 6th of January, the silver rate touched Rs. 51000 which was the highest price this month.
  • The lowest price was reached on the 14th of the month when the price fell to Rs. 48900. Both these prices show the volatility in the price was not that high and the commodity was trading at ease in the market.

December 2019, Silver Rate Movement in Hyderabad

Dec-19Silver Rate per KG
1st December,2019₹ 46,650
31st December,2019₹ 49,350
Highest PriceRs. 49,350/- per Kg on 31st December,2019
Lowest PriceRs. 46,650/- per Kg on 1st December,2019
Percentage Change5.79%

In this section, Silver Rate in Hyderabad for December 2019 is given –

  • The silver was performing relatively well in this month and made progress of 5.79% in this month.
  • The highest lowest price was Rs. 49350 and Rs. 46650 respectively.
  • Difference between these two prices shows that the volatility in the market was moderate.
  • The price at the beginning of the month was Rs. 46650 which increases to Rs. 49350 by the end of the month.
  • The price movement or trend can be said to be upward moving in this month.

Silver Rate in Hyderabad – Trend in 2020

Silver Rate in Hyderabad

As you can observe in the first five months given above out of the six months, the Silver Rate Trend in Hyderabad for this year has been a roller-coaster ride till now.

While the prices dropped tremendously in March and February, it gained and surpassed previous highs in the months like April.

 

 

 


Check out Silver Rates of other Indian Cities & States

Silver Rate in VijaywadaSilver Rate in GujaratSilver Rate in MaharashtraSilver Rate in Rajasthan
Silver Rate in Andhra PradeshSilver Rate in HaryanaSilver Rate in OdishaSilver Rate in Tamil Nadu
Silver Rate in BiharSilver Rate in KarnatakaSilver Rate in PunjabSilver Rate in Telangana

Silver Rate in Hyderabad – Trend in 2019

Silver Rate Trend 2019 in Hyderabad was quite volatile as well. The international affairs were affecting the price of silver to quite an extent. While the price was very stable at the beginning of the year, it started sloshing during the mid of the year.

After April 2019, the price started moving up again from May and started increased up till October. Then again it started dipping towards the end of the month but, finally increase in the last month of the year 2019.


What makes Silver Rates in Hyderabad to increase or decrease?

Silver Rate in Hyderabad as on today can increase or decrease owing to the facts –

  • Silver Rate in Hyderabad today per gram can increase if the demand for the commodity increases and the supply went down, and vice versa.
  • If the currency value appreciates or depreciates, then the price of the silver will also decrease or increase respectively.
  • Silver is used for industrial purposes also, so if the demand in the industries increases, the price will automatically increase.
  • Gold prices and silver prices are related and if one falls, the other falls too and vice versa.

What are the various measuring units of Silver in Hyderabad?

Silver in Hyderabad is measured mainly in grams and kilograms. However, there is also another measuring unit for silver and that is ounces.

You can measure in any of these units. One ounce is equal to 28.35 grams. So, you can calculate as per your choice.


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

The Tax on Silver Rate in Hyderabad is levied mainly towards the goods and service tax that is prevailing in the country since 2017. The rate of tax is 3% which is levied on any silver purchase you made.


Find Silver Rates of other Indian Cities & States

Silver Rate in Uttar PradeshSilver Rate in BhubaneswarSilver Rate in Jaipur
Silver Rate in West BengalSilver Rate in ChandigarhSilver Rate in Lucknow
Silver Rate in AhmedabadSilver Rate in CoimbatoreSilver Rate in Patna

How to check Silver purity in Hyderabad?

You need to know the Pure Silver Rate in Hyderabad for investing in the same but before that, you need to understand or know how to check if the silver is pure or not. So, the fineness of the silver can be measured as the percentage of the silver in the alloy.

For the increasing durability of silver, copper needs to be mixed with it. Thus, pure silver is the one in which has 92.5% silver and the remaining is copper.


Silver Rate in Hyderabad – Conclusion

To conclude, we can say that Silver Rate in Hyderabad has been very volatile this year, and if you want to invest in the same, you need to understand the market, the price trend thoroughly, and then only invest.


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