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We present to our readers, this article which is focused on contributing the information regarding Live Silver Rate in Madurai Today (Dec 10, 2022).

We keep the articles updated from time to time, so you will encounter correct Silver Rate in Madurai Today. Demand for the metal in Madurai is pretty high, and as a result, this article will majorly contribute to investments.

You will find a lot of information regarding the metal, apart from the Silver Rate in Madurai Live from different timelines. We have altogether created thorough research case scenario for our readers.

Silver Rate in Madurai – 10 gm, 100 gm & 1 kg Silver Price in Madurai Today (Dec 10, 2022)

This section will cater to the 22 Carat Silver Rate in Madurai statistics for different weights. You will also discover the Silver Price in Madurai Today for 1 KG silver, which will majorly contribute to your decision making.

We provide you the precise stats of yesterday’s rate, today’s rate, change, change% and also performance.

Also, Check out the Gold Rate in Madurai Today

Silver Rate Forecast for Tomorrow

Tomorrow Silver Rate Prediction or Forecast in Madurai

Check out Madurai Silver Prediction for Tomorrow here –

Silver Price in Madurai for Last 15 Days

Moving to a bit deeper analysis, we have the stats of Silver Price in Madurai from the past 15 days. This will let you study the major shift in price or in other terms the price flow.

This way, you can discover how the silver price has been taking a shift all these days, and if it is a favorable investment medium.

Find Silver Rates of Top Indian Cities & States

Silver Price in Madurai – Past 12 Months Price

We take a deep dive into the last 12-month Silver Rate in Madurai data, as investing in the stock market takes a lot more data than 15 days.

Silver Rate Movement in Madurai for November 2022

Silver Rate in November 2022Silver Rate per Kg (Rs)
1st November 202265000
8th November 202266700
15th November 202268500
22nd November 202267000
30th November 202268000
Highest Price68500
Lowest Price64000

With gleaming eyes of hope and a distorted fortune, our consumers desire us to keep them streamlined about whatever variation has occurred throughout.

Maintaining the same level of oblation, we have poised a whole new section representing a fixed set of value that has been seen differing every 3 days or more.

  • An equipped chart with the changing modules of rates and emancipation has been put up in all its distinctiveness.
  • To keep our customers handy and on-foot with newly added information, we have made the entire process of surfing easy and efficient.
  • The highest price calculated at the end of the entire month of November has been Rs. 68500.
  • The lowest price of silver has been tracked down at Rs. 64000.
  • Concluding the computation with a hoard of data, the percentage fixture has been noted down at 4.62%.

Silver Rate Movement in Madurai for October 2022

Silver Rate in October 2022Silver Rate per Kg (Rs)
1st October 202262000
8th October 202266000
15th October 202260500
22nd October 202263200
31st October 202263000
Highest Price67000
Lowest Price55300

We have generated and aligned all the data for the Silver Rate in Madurai from the month of October for you. This ensures that you have the information; you need to construct fruitful investment strategies. This is a great idea of investment where past records are used for the purpose of technical analysis.

  • Commutation for the change in price of the metal is done and it was discovered at 1.61%.
  • As for the information that you need regarding the opening and the closing price, the stats are Rs.62000 and Rs.63000.
  • We have the number for the highest price level and it was Rs.67000
  • While, the lowest price place as reached by the metal was Rs.55300
  • In the similar fashion, you can also check the rates of per week from the above provided table.

September 2022, Silver Rate Movement in Madurai

Silver Rate in September 2022Silver Rate per Kg (Rs)
1st September 202258000
8th September 202259500
15th September 202261100
22nd September 202263000
30th September 202262000
Highest Price63000
Lowest Price58000

Keeping all the records handy, we have chosen to display the information which is of great importance. The Silver Rate in Madurai data is well examined, organized and then presented to you, in the best possible manner. You can see all the important price points in a stance, via the table.

  • Taking a routine check, we have the most importance data from the month, in KG expression, the most widely used metric.
  • The table shows that the opening price and the closing price of the metal in Kg expression was Rs.58000 and Rs.62000
  • Next of concern is in regards with the highest price interval, and it was stable at Rs.63000
  • On the other end, the lowest of price record was Rs.58000, and it is vividly provided in the table.
  • As far as the percentage change is of concern, we have the results of the same as well and it was a mere percentage of 6.90%

August 2022, Silver Rate Movement in Madurai

Silver Rate in August 2022Silver Rate per Kg (Rs)
1st August 202263300
8th August 202263000
15th August 202264800
22nd August 202261100
31st August 202260000
Highest Price64800
Lowest Price60000

Let us be your guide for your silver investment, as we have all the details regarding Silver Rate in Madurai for the month of August. You can easily refer to the table, which provided above, for your reference. It contains all the major data you need to have a check about.

  • Each and every price details provided to you is expressed in KG form, whereas the change in price across the month is provided in percentage.
  • Moving in to the study, Rs.63300 was the noted opening price of the month, and Rs.60000 was the closing price.
  • Highest price of the month you need to be aware of is Rs.64800, as discovered by us.
  • Furthermore, the lowest price point for the entire month was recorded to be Rs.60000
  • We have sorted out the commutation process for you too, and -5.21% was the price change for this month.

July 2022, Silver Rate Movement in Madurai

Silver Rate in July 2022Silver Rate per Kg (Rs)
1st July 202265000
8th July 202262500
15th July 202260400
22nd July 202261600
31st July 202263700
Highest Price65000
Lowest Price60000

Check the Silver Rate in Madurai presently reached, following various changes in the economy and also certain events taking places. Use the information from this section to construct your investment process.

  • The table you see above have all the information you are in need of, regarding the opening and the closing price of the metal and various other price points.
  • With the starting of the month, the first price record was Rs.65000, which was followed by Rs.63700 as the last price of the month.
  • You can check the price recorded of the entire month, post which you will see that the highest price record was Rs.65000.
  • The same manner, the lowest recorded price level of the metal was stable at Rs.60000
  • The commutation led to the -2.00%, which was the change in price level illustrated in the form of percentage.

June 2022, Silver Rate Movement in Madurai

Silver Rate in June 2022Silver Rate per Kg (Rs)
1st June 202267000
8th June 202268000
15th June 202266000
22nd June 202266000
30th June 202265100
Highest Price68500
Lowest Price65100

The above provided table is subject the variation in Silver Rate in Madurai which occurred in the latest month of our study – June. Almost all the essentials points of consideration related to the silver price are provided in the table.

  • The table which you see above has all the price illustrated in the form of KG. KG is frequently used for trading and hence, for the ease of our readers we have provided the same stats.
  • We can see that the month started with the rate of Rs.67000, whereas the closing price was Rs.65100, which was also carried onto the next month.
  • Highest recorded rate of the metal was found at Rs.68500
  • On the contrary end, the lowest recorded price level was Rs.65100
  • Taking all the price levels into consideration, you can see that the change percentage was -2.84%

May 2022, Silver Rate Movement in Madurai

Silver Rate in May 2022Silver Rate per Kg (Rs)
1st May 202269500
8th May 202266800
15th May 202263700
22nd May 202265900
31st May 202267500
Highest Price69500
Lowest Price63400

We are incorporating this section to release the data of Silver Rates in Madurai, from the month of May 2022. The information of Silver Rate in Madurai per Gram is precisely mentioned for your convenience so; you can understand the major price fluctuations.

  • Check the essential dates, i.e. 1st and the last day of the month’s data.
  • Takedown the performance rate for the month, which was noted to be -2.88%.
  • The stated further information is in regard to the opening and closing prices, which are Rs.69500 and Rs.67500.
  • On the other end, the month recorded a high price of Rs.69500.
  • Contrary recorded low price for the month was Rs.63400, as on 1st May 2022.

April 2022, Silver Rate Movement in Madurai

Silver Rate in April 2022Silver Rate per Kg (Rs)
1st Apr 202271700
8th Apr 202271300
15th Apr 202274400
22nd Apr 202272100
30th Apr 202269500
Highest Price75200
Lowest Price64200

This section caters the Silver Rate Movement in Madurai, pinpointing all the highs, lows and also the opening and the closing price of the month. Keep yourself updated with how the Silver Rate in Madurai per Gram fluctuated for April month.

  • You will find the rates mentioned in the form of Kg.
  • The documented performance of the month was -3.07%, which was commuted through the month’s high and low.
  • Registered opening price of the metal was Rs.71700, which was the rate for 1st
  • The closing price however, was Rs.69500, as registered on 30th
  • As for the highest price of the month and the lowest price of the month is of concern, it is Rs.75200 and Rs.64200.

March 2022, Silver Rate Movement in Madurai

Silver Rate in March 2022Silver Rate per Kg (Rs)
1st Mar 202270000
8th Mar 202274600
15th Mar 202272800
22nd Mar 202273400
31st Mar 202271300
Highest Price76700
Lowest Price70000

Moving on to the month of March, we have the Silver Price Movement in Madurai information for you. Refer to the pointer below to check out the entire month’s Silver Price in Madurai per Gram statistics.

  • KG rates are mentioned in the table for your convenience.
  • Written down information of the opening price of the metal is Rs.70000, while the closing price of the metal is Rs.71300.
  • The performance rate as put down is 1.86% as evaluated based on the months figures.
  • Now, mentioning the highest price of the month, the recorded Rs.76700.
  • However, the recorded lowest price of the month was Rs.70000.

February 2022, Silver Price Movement in Madurai

Silver Rate in February 2022Silver Rate per Kg (Rs)
1st February 202265600
8th February 202265100
15th February 202268200
22nd February 202269100
28th February 202269900
Highest Price72700
Lowest Price64900

For the month of February, we also have the notes of 22 Carat Silver Rate in Madurai price fluctuation. Take a peek to see the highest, lowest, and also the opening and closing price of the month.

  • We have incorporated the metal’s price in KG weightage, based on which you can evaluate the Silver Rate in Madurai per KG.
  • Evaluated performance as per the highest and the lowest price frequencies is 6.55%
  • The month started with the price, Rs.65600 as on 1st
  • Last recorded price for the month was Rs.69900.
  • The other recorded price level were Rs.72700 as the highest price and Rs.64900 as the lowest price.

January 2022, Silver Price Movement in Madurai

Silver Rate in January 2022Silver Rate per Kg (Rs)
1st January 202266600
8th January 202264600
15th January 202265500
22nd January 202269000
31st January 202265400
Highest Price69300
Lowest Price61000

This section of the article comprises of the 22 Carat Silver Price in Madurai data, pertaining to the major price shifts. Check all the major intervals of the month, as in the opening, closing, high and also lowest price of the month.

  • Weight expression for the Silver Price in Madurai, for the above table is KG.
  • The data of the month indicates the performance rate as -1.80%
  • We again got the essential data for you, i.e. the highest price which was Rs.69300, whereas the lowest price which was Rs.61000.
  • Month started with the price record of Rs.66600
  • The last price for the month was recorded as Rs.69300

Silver Rate Movement in Madurai for December 2021

Silver Rate in December 2021Silver Rate per Kg (Rs)
1st December 202166300
8th December 202165600
15th December 202164600
22nd December 202165800
31st December 202165400
Highest Price66300
Lowest Price64600

We believe our customers need to be explained and satisfied when it comes to dealing with the whereabouts and fluttering of rates of silver.

Having been utterly disoriented because of the altering rate changes with every passing week, our dedicated members in the research team promise absolute satisfaction and no scrutiny of any kind whatsoever.

  • To fulfill this particular desire, we have produced a massive table with roundabout charts that portray any and every change having taken place throughout the period of 30 days.
  • Every detail has been vividly portrayed for our consumers to comprehend.
  • The highest, lowest as well as an enormous percentage change, everything has been noted down in full fledgedness.
  • Highest price peak has been Rs.66300, the lowest one being Rs.64600 at a stretch.
  • The percentage shift noted down after the end of a month’s performance, is a rate of -1.36%.

Silver Rate in Madurai – Trend in 2020

Silver Rate in Madurai

This year has been happening enough till this point of time. Since we are living in the Pandemic of COVID-19, the remaining of the year will as well see somewhat similar trends.

The uncertainties this year has brought forward, led to an increase in demand of the metal, which also led to the increase in Silver Rate Trend in Madurai.

Trade tensions between China and India are another major reason for the rather sift in demand, as the Today Silver Rate in Madurai somewhat, moves in the same direct of gold.

So, this year year’s trends are slightly higher than previous year.

Check out Silver Rates of other Indian Cities & States

Silver Rate in Madurai – Trend in 2019

Taking the Silver Rate Trend 2019 in Madurai into account, the major or steep changes in the price level were both negative and positive.

A vast change in demand level was recorded for the year, while stock market also experienced a major setback. The brexit deal and changing Dollar value as well had a major role to play.

You can examine the Historical Silver Rate in Madurai for yourself and you can notice that the fluctuation is of both fall and rise.

No specific change can be used to determine the price, as no specific pattern or movement can be recorded, just like any other year.

What makes Silver Rates in Madurai to increase or decrease?

Just like gold, a major set of reasons have make the Silver Rate in Madurai as on today drift, constantly. However, the most basically observed factor is the demand and supply of the product.

Silver unlike gold, is majorly used for commercial purposes, and has higher industrial demand, and which this demand takes the leash, the prices levels suffer as well.

The demand for the metal from residential units also has an impact on the Silver Rate in Madurai today per gram.

Whereas, the other items for frequent or steep shift in rates are dollar value, government policies, RBI rates, investment demand, expenses such as import and export duty, etc.

What are the various measuring units of Silver in Madurai?

A lot of metrics can be used to weigh in, or measure Silver in Madurai as per present days. Before we go through a lot of them, the majorly used metrics are troy weight and grams.

These metrics are basically similar to how we weigh in gold, and this will make it easier for you to understand.

Other referred to metrics are troy ounces, million ounces, grams, kilograms, tonnes, short tonne, metric tonnes, tolas etc., where 1 Troy ounce denotes 31.1035 gram, 1 tonne denotes 1000 kilogram and 1 tola is denoted by 12 masha or 11.67 gram.

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

There were a lot of taxes in total, applicable on silver. But since the scenario now has changed, after goods and service tax was implemented from July 2017, a single rate, referred to as Tax on Silver Rate in Madurai is applicable. As per the government norms, the manufacturers are supposed to charge 3% tax on the commodity.

The seller will charge the same percentage of tax from the buyer, whereas the buyer will be obligated to make the likewise payment.

Find Silver Rates of other Indian Cities & States

How to check Silver purity in Madurai?

Just like the gold standard, there is a silver purity standard which should be met in order to declare the product pure.

You can then check the Pure Silver Rate in Madurai and see if the purchase is genuine enough. Firstly, the required percentage of silver proportion is 94.79% and 5.21% of other metal.

Only when the required rate is met, should a product be declared pure. The ways in which you can figure out the purity are a magnet test or a stink test.

For instance, you can run a magnet over the silver product, and when it does not stick, the product is pure. Impure products will generally stick to the magnet, and also, pure products have no smell.

Silver Rate in Madurai – Conclusion

Try developing your own strategies, keeping the Silver Rate in Madurai in concern, if you plan to invest in this metal. On the other hand, for the buyers of this metal, we have the precise Today Silver Rate in Madurai as per the changing scenario.

Use all the data we complied in this article, to the best of your benefit, or you can simply choose to learn the metal’s price fluctuation, or present and past price trends. Either way, this article has a lot of items to serve you with.

Silver Rate in Madurai FAQs

Ques – How to check today’s Silver Rate in Madurai?

Answer – You can visit our website’s article know the price of silver. We provide an all new trading experience  on our website with richer and smarter features with a faster and even at a lower internet connectivity where the user is precisely able to watch the  market trends and access the market scenario. To check the present days silver rate in Madurai, just click on the link and as soon as it opens you will be provided with all the present details.

Ques – Where to find Silver Rate in Madurai?

Answer – Our Website integrates the trader’s needs into a single platform in an effective manner so that one can quickly access the current silverrates on a daily monthly and yearly basis to have the best trading options possible. One can subscribe to our online trading website which will give you lot of predictions on commodity trading including gold and the share market recommendations. You can access our website for your trading options and we provide you with accurate commodity predictions.

Ques – Is this Live Silver in Madurai?

Answer – Yes, we keep you updated with the current trends with our live levels, and thereforethe silver prices of. Madurai you find in our article is live. We keep you updated with the most recent price and trading options and ensure to comply with the present market rates.  One can scan the Market live for scripts that are breaking at the key levels. Our team keep all the readers as well as the traders posted by providing accurate rate in the current market conditions and keep them updated.

Ques – Can I find last month’s Silver Price here?

Answer – Yes, our website provides you with the best user experience so that one can easily access  not only the last month’s silver prices but also provides you with the rates changing on daily, weekly , monthly and on an annual pattern too. For more information, visit our website for your daily update. Visit our website for a faster, smatter and a better trading experience.

Ques – Is the Silver Rate in Madurai update?

Answer – Yes, the silver rate in Madurai is kept up to date. We provide you with superior charting tool with useful historical data and multiple Indicators to keep you updated for user’s best trading experience. One can also compare the prices across the various time frames that is provided for your convenience.

Ques – Will I find Silver Rate Forecast here?

Answer – Yes, you can easily access to the Silver Rate Forecast in Madurai, in here.  We provide you with useful historical data and various Indicators where one can refer to the previous rates of gold to look at the current trends and use them to predict how the price may vary on the basis of market.

Ques – Where can I compare silver prices monthly and yearly?

Answer – Keeping the ease and comfort of the customer in mind, the rate of silver is effectively offered to our customers. Therefore in the tabular form, you find the entire results. So you just have to look at the facts and figures given in our article to compare the rate of silver from months to a year. Without any problems, you’ll get all of the information.

Ques – What are the various measuring units of Silver in Madurai?

Answer – Troy ounce is used by Silver as the basic measuring unit. The unit for measuring silver is therefore, identical to that of gold. Grams and the weight of Troy are the best way to quantify silver. But kilogrammes, million ounces, troy ounces, tonnes, tonnes, metric tonnes and Tola are the other units.

Ques – How to check Silver purity in Madurai?

Answer – To check the purity of silver, 94.79 percent is considered to be the appropriate proportion. Other metals are appropriate, or the remaining 5.21 per cent of other metals. The ways you can check for purity are to use a magnet over the item or to simply perform a stink search. Pure silver will never stink at all. It is also possible to conduct the magnet test, so the magnet does not bind to the product. If it sticks, the material is impure.

Ques – How much is the Tax Levied on Silver Rate in Madurai?

Answer – As implemented in July 2017, the recent introduction of Goods and Services Tax, also known as GST, a single Silver Rate Tax in Coimbatore is applicable to the purchaser. The rate of tax charged by the purchaser is 3% according to the tax scheme. The customer is obliged to pay the extra tax regardless.

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