In this article we will study in-depth facts on the Silver Rate in Tamil Nadu and how changes in these rates can affect life and lifestyle.

Silver as a metal is very valuable and stands highly in demand as it is much cheaper than gold. One important feature of silver is that it is anti-corrosive. The demand for silver in the state of Tamil Nadu is in the form of electronics, for energy, chemical production and more.

Facts in purity of silver and its uses to make different tools are laid down in this article. We hope that you consider all the parameters discussed below on Silver Rate in Tamil Nadu today to predict future trends. To know more details on the Silver Rate in Tamil Nadu Live, run through this entire article and the figures posted as well.


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

We have summed up data on Silver Price in Tamil Nadu Today in a very systematic format by comparing the changes in silver prices from yesterday to today.

Rates for 10 gram, 100 gram and 1 KG of silver are tabulated below and relative comparison is undertaken for 22 carat silver. This data is necessary to understand how silver rates can change on a daily basis.

Also, Check out the Gold Rate in Tamil Nadu Today


Silver Rate Forecast for Tomorrow


Silver Price in TN for Last 15 Days

A small fluctuation in prices during recent times is an important step towards predicting future trends. To facilitate the understanding of future movement of prices we have summed up numbers on the changes in Silver Price in Tamil Nadu for the past 15 days.


Find Silver Rates of Top Indian Cities & States

Silver Rate in IndiaSilver Rate in DelhiSilver Rate in KolkataSilver Rate in Mysore
Silver Rate in BangaloreSilver Rate in HyderabadSilver Rate in MangaloreSilver Rate in Pune
Silver Rate in ChennaiSilver Rate in KeralaSilver Rate in MumbaiSilver Rate in Vizag

Silver Price in Tamil Nadu – Past 6 Months Price

Past data is always crucial while studying an investment unit. For the sake of the readers, we have penned down all necessary information on the silver rate in Tamil Nadu changes for the past 6 months.

These notes are key points to understand the silver rate changes and the reasons that can highly impact the market. We hope a bird’s eye view on this data will be helpful for your further study.

February 2021, Silver Price Movement in Tamil Nadu

Silver Rate in February 2021Silver Rate per KG
1st Feb 2021₹ 79,200
8th Feb 2021₹ 73,100
15th Feb 2021₹ 74,600
22nd Feb 2021₹ 74,400
28th Feb 2021₹ 72,500
Highest Price₹ 79,200
Lowest Price₹ 72,200
Percentage Change-8.46%

We have set up a table on the data for 22 Carat Silver Rate in Tamil Nadu for the month of February. Points to be noted are mention for reference as well.

  • Take a sneak peak for February for the change in price from 1st February to 28th February, as we have mentioned it in the table.
  • The month opened at was Rs.79,200 per kg and closed at Rs.72,500 per kg.
  • Peak point of silver rate for this month was Rs.79,200 per kg as for Feb 2021.
  • The lowest price level of drop in prices for the month was Rs.72,200 per kg for Feb 2021.
  • The calculated percentage change in performance for the Silver rate in Tamil Nadu per gram for this month is roughly seen to be -8.46%.

January 2021, Silver Price Movement in Tamil Nadu

Silver Rate in January 2021Silver Rate per KG
1st Jan 2021₹ 72,400
8th Jan 2021₹ 74,500
15th Jan 2021₹ 70,600
22nd Jan 2021₹ 71,400
31st Jan 2021₹ 74,600
Highest Price₹ 75,100
Lowest Price₹ 69,000
Percentage Change3.04%

The month of January marks the beginning of a year and high demand for silver. This section is a run through 22 carat silver price in Tamil Nadu and reasons for its change. We hope that this information is worthy to calculate future movements.

  • Prices of silver rate changes for the month of January are given for reference.
  • The price as on 1st January 2021 was Rs.72,400 per kg and on 31st January was Rs.74,600 per kg.
  • On January 2021, prices touched its peak point, that was at Rs.75,100 per kg.
  • And on January 2021, the steepest dip was seen at Rs.69,000 per kg for the month.
  • The performance change has been calculated as 3.04% for silver price in Tamil Nadu.

Silver Rate Movement in Tamil Nadu for December 2020

Silver Rate in December 2020Silver Rate per KG
1st Dec 202064800
8th Dec 202068800
15th Dec 202067900
22nd Dec 202072000
31st Dec 202072300
Highest Price73700
Lowest Price64800
Percentage Change11.57%

December month has been prominently phenomenon if we just look at the prices of silver in the Tamil Nadu market. Going forward we have provided a detailed analysis-

  • As compared with the other states, Tamil Nadu started the month with the highest price which is Rs.64800.
  • Going forward in the second week, the rate of the silver went up even more.
  • Tamil Nadu marked the lowest price Rs.64800 for the month of December.
  • The highest price of silver has been Rs 73700 in Tamil Nadu.
  • Talking about a complete change which was experienced in the silver industry for entire month was 11.57%.

Analysing the market condition, we can say that it has been a slow and steady race from the beginning, starting from 64800, the lowest to 73700, the highest as the month goes on towards the end, during the second last week.

Silver Rate Movement in Tamil Nadu for November 2020

October – 2020Silver Rate per KG
1st Nov 202065300
8th Nov 202065400
15th Nov 202063600
22nd Nov 202066700
30th Nov 202063300
Highest Price68400
Lowest Price61900
Percentage Change-3.06%

Tamil Nadu is one of those states which has been very active when comes to asset buying or selling. Considering the investment dynamics, silver has been repeatedly been the metal of importance. Thus, the following information deals around silver state of affairs for the entire month November in Tamil Nadu.

  • Tamil Nadu this month has been one of those few states which have kick started their November month with a price greater than other states.
  • Silver price started their price chart for the month November with a price around Rs.65,300.
  • While Tamil Nadu experienced the highest spike in the price of the metal. The silver charges exponentially went up and were higher than any other states.
  • The highest price which silver went up to this month remained Rs.71,000.
  • While November has indeed been the started which experienced an expectedly rise in silver. Nevertheless, the entire price change of the month can be takes as 3.06% percentage.

Silver Rate Movement in Tamil Nadu for October 2020

October – 2020Silver Rate per KG
1st Oct 202060700
8th Oct 202061000
15th Oct 202061000
22nd Oct 202063000
31st Oct 202065300
Highest Price65300
Lowest Price60200
Percentage Change7.58%

Take notes of the present prevailing Silver Rate in Tamil Nadu from the month of October. You have the entire review for the month and this will play a major role in the planning phase where you develop different kind of strategy you wish to adopt.

  • Providing you with the details of the change in the price level, we commuted the percentage as 7.58%
  • We have the insights regarding the opening and the closing price level and they were Rs.60,700 and Rs.65,300
  • As for the rise in price of the metal, the highest point was Rs.65,300
  • Also, fall in price was as much as Rs.60,200 in regards with the month of October.
  • The table has all the necessary information in regards of the month, including to prices from each week of the month.

September 2020, Silver Rate Movement in Tamil Nadu

September – 2020Silver Rate per KG
1st Sep 202068700
8th Sep 202068000
15th Sep 202069500
22nd Sep 202060600
30th Sep 202061000
Highest Price69500
Lowest Price57000
Percentage Change-11.21%

We want to look out for our readers, by providing them with the right data, so they can seamlessly carry out their investment process. We suggest you take the reference of the Silver Rate in Tamil Nadu from September into account and then decide how and when you are going to invest in the metal.

  • Check out the table for the first thing, and the pointer for the second. Table has all the data and pointers lay out the most important aspects.
  • One of your major concerns regarding the price levels should be the opening and the closing price, which was Rs.68,700 and Rs.61,000
  • As per the records, the highest price level of the metal was Rs.69,500
  • 57,000 was the contrary price, i.e. the lowest price level for the month.
  • We also wanted to state the precise price change for you, and it turned out to be -11.20% for the month.

August 2020, silver rate movement in Tamil Nadu

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%

In Tamil Nadu silver rates keep moving as per the market forces of demand and supply. Silver is a precious metal used in household and as ornaments and jewellery. The below section discusses about the fluctuation of silver rates in Tamil Nadu for the month of August.

  • The silver rates for 5 different days in August are mentioned in the table.
  • The silver price on 1st August was Rs. 65,100 per kg, on 15th August was Rs. 68,000 per kg and on 31st August was Rs. 66,600 per kg.
  • The highest price for the month was Rs. 76,510 per kg.
  • And the lowest price was Rs. 65,000 per kg.
  • Performance was calculated which was precisely 18%.

July 2020, Silver Rate Movement in Tamil Nadu

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%

Finding the best investment opportunity whether it is in gold or silver always comes with knowing prices for the same and making sure investment is made at the lowest so that increasing prices will also serve profit to one’s portfolio. Here, the changes in silver prices in Tamil Nadu for the month of July is focused on.

  • Prices as on different days in July are available in the table.
  • Silver rate in Tamil Nadu on 1st July was Rs.50,050 per gram and on 31st July was Rs.65,000 per gram.
  • The peak point was Rs.66,050 per gram and the lowest point was Rs.48,500 per gram.
  • Silver prices show an increasing trend.
  • Performance is analysed and set at an approximate of 36%.

June 2020, Silver Rate Movement in Tamil Nadu

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%

We have noted figures on silver rate movement in Tamil Nadu for the month of June. To precisely understand silver rate movements it is very important to glance at figures from the most recent month of the year. The month of June showed steady upside because of the stability in the market. Some important numbers are mentioned below.

  • Opening and closing prices are mentioned in the table. You will also find the highest as well as the lowest price in the data.
  • The opening price for the month is seen at Rs.50,150 per gram and the closing price is at Rs.48,550 per gram.
  • Highest touched rate for the month of June is Rs.48,800 per gram and the lowest point is Rs.47,100 per gram.
  • There is a decrease in prices from first day of the month until the last.
  • The calculated percentage change in performance for the silver rate in Tamil Nadu per gram for this month is roughly seen to be 6.50%.

May 2020, Silver Rates in Tamil Nadu

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%

All the necessary information for the reader to keep in mind for the month of May is available in the table and the key notes below. We hope you get a better picture about the silver rates in Tamil Nadu with this data.

  • Prices on first and last day of the month are mentioned.
  • The highest price that silver rate has touched this month is Rs.50,100/- which is on the 31st
  • The lowest dip for the month is Rs.41,000/- noted on 1st
  • Percentage change in silver rate in Tamil Nadu per gram is calculated to be 22.22% which shows the movement in silver prices for the month.
  • This month has a stable upward trend for the silver rates in the state.

April 2020, Silver Rate Movement in Tamil Nadu

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%

The fluctuation in the silver rate movement in Tamil Nadu for the month of April is compiled below. These numbers are crucial to predict future silver rate trends.

  • The table below has prices of silver in the state of Tamil Nadu for the first and last day of the month.
  • It also has information on the highest and lowest prices for the similar month.
  • The price of the metal opened at Rs.39,940 per kg and the closing price for the month was Rs.42,520 per kg.
  • The highest price recorded for the month was Rs.42,700 per kg and the lowest at Rs.39,940 per kgfor the month of May.
  • Overall performance for silver rate in Tamil Nadu per gram for the month is recorded at 6.46%.

March 2020, Silver Rate Movement in TN

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%

The month of March 2020 marked the onset of the lockdown in the country because of which major changes were seen in the silver price movement in Tamil Nadu. This section will guide you on how changes in the economy can majorly impact silver prices.

  • For your reference, we have put in the price for the first and the last day of the month in the table.
  • The highest price level for the month was Rs.51,080 per kg of silver dated on 7th
  • On the other hand, the lowest price level for the month was Rs.39,480 per kg dated on 31st
  • Price on first day of the month was Rs.48,500 per kg and on last day of the month was Rs.39,480 per kg.
  • As mentioned earlier, the major volatility this month was the result of the pandemic that disrupted the economy. The stock market as well as silver rates showed a negative slope. The overall analysis for this month for Silver Price in Tamil Nadu per Gram stands at -18.60%.

February 2020, Silver Price Movement in Tamil Nadu

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%

We have set up a table on the data for 22 Carat Silver Rate in Tamil Nadu for the month of February. Points to be noted are mention for reference as well.

  • Take a sneak peak for February for the change in price from 1st February to 29th February, as we have mentioned it in the table.
  • The month opened at was Rs.49,500 per kg and closed at Rs.48,500 per kg.
  • Peak point of silver rate for this month was Rs.51,500 per kg as on 24th Feb 2020.
  • The lowest price level of drop in prices for the month was Rs.48,500 per kg on 29th Feb 2020.
  • The calculated percentage change in performance for the Silver rate in Tamil Nadu per gram for this month is roughly seen to be -2.02%.

January 2020, Silver Price Movement in Tamil Nadu

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%

The month of January marks the beginning of a year and high demand for silver. This section is a run through 22 carat silver price in Tamil Nadu and reasons for its change. We hope that this information is worthy to calculate future movements.

  • Prices of silver rate changes for the month of January are given for reference.
  • The price as on 1st January 2020 was Rs.49,350 per kg and on 23rd January was Rs.49,000 per kg.
  • On 6th January 2020, prices touched its peak point, that was at Rs.51,000 per kg.
  • And on 14th January 2020, the steepest dip was seen at Rs.48,900 per kg for the month.
  • The performance change has been calculated as -0.71% for silver price in Tamil Nadu.

December 2019, Silver Rate Movement in Tamil Nadu

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%

The prices for 24 carat silver rate in Tamil Nadu are the highlight for this section. Information is posted in a tabular format as well as explanatory points are also mentioned below.

  • We have mentioned data on the silver rate in Tamil Nadu for this month in order to get a short insight on last year prices of silver.
  • This month gave the overall performance of 5.79% in the fluctuation of silver rates.
  • The prices opened at Rs.46,650 per kg and closed at Rs.49,350 per kg.
  • Month began with the lowest price of Rs.46,650per kg as on the 1st December and ended with the highest rate of Rs.49,350 per kg on the last day of the year.
  • The month saw a positive and upward trend in movement of prices.

Silver Rate in Tamil Nadu – Trend in 2020

Silver Rate in Tamil Nadu

Investing in metal to hedge during time of uncertainties has always been a strategy of the people in the country.

The silver rate in Tamil Nadu this year was greatly impacted by the onset of the global pandemic which took charge during the end of the financial year.

Other measures that also changed the silver rate trends this year is the unstable relations between India and China.

Today silver rate in Tamil Nadu has considerably taken a steadier pace as compared to the initial months of the year where it had a steep low.

Investors decided to turn to metals as it is a safe haven for funds. With the property of high liquidity, investors believe that their funds are safe by investing them in silver.


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 Madurai
Silver Rate in BiharSilver Rate in KarnatakaSilver Rate in PunjabSilver Rate in Telangana

Silver Rate in TN – Trend in 2019

Demand plays an important role under the reasons for change in silver rate trend 2019 in Tamil Nadu. With an increase in demand for silver, the prices also tend to sky rocket. The strength of rupee to US dollar also impacts silver rates in Tamil Nadu.

Historical silver rate in Tamil Nadu have been impacted by many reasons. Global factors, the demand from jewellery market, trade relation with other countries and more can change silver rates from nation to nation.

The year 2019, had volatile silver rates, it showed uptrend for initial months, then declined and again started to increase. However, since the beginning of 2020 it continued to increase.


What makes Silver Rates in Tamil Nadu to increase or decrease?

The increase and decrease in silver rates is an ongoing cycle and will never stop. However, with either short term or long term stability, prices of silver do not always only increase or only decrease. We have tried to list some reasons that positively and negatively impact the silver rates in Tamil Nadu as on today.

Take a note at few of the reasons mentioned below:

  • Silver rate increases with an increase in demand and increasing inflation. The similar case also has a vice-versa effect.
  • Depending on overseas fluctuation, silver rate nation wise is also bound to change.
  • During time of festivals, silver is demanded in high quantity in the form of jewellery, silverware or coins as a sign of luck and blessings. This also increases the rates of the metal.
  • Silver rate in West Bengal today per gram changes whenever there is any change in rupee dollar strength.

What are the various measuring units of Silver in Tamil Nadu?

A standard measurement of silver is called troy ounce. Wherein, 1 troy ounce measures 31.103 grams of silver. This measurement comes from the metric system of measurement and is mainly used for measuring metal rates only.

Purity of silver during its measurement is also checked in order to calculate authenticity. Other metrics for calculating and knowing about the measurement on silver in Tamil Nadu are mentioned below.

  • 1 tonne is 1000 kilogram
  • 1 tola is 12 masha or 11.67 gram

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

Every state is free to impose taxes on luxury. The state of Tamil Nadu as per central government norms is compelled to levy 3% GST on purchase and sale of gold.

Other charges factored come from transportation and hauling cost, making charges and broking expense that differ from jeweller to jeweller. Therefore, the tax on silver rate in Tamil Nadu is different from taxes in other states.


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 Tamil Nadu?

Checking silver purity to know if one owns real silver or only a tool coated with silver is very important. Pure silver rate in Tamil Nadu comprises of 94.79% silver which is mixed with other alloy.

A local way to check purity in silver is by using ice cube test. Silver is said to have the highest thermal conductivity.

Therefore, when placing ice on silver, it is said that real silver will melt the ice at a very high rate. Bleach is also used in order to test the authenticity of silver. If bleach tends to tarnish after silver being placed on it, then your silver is considered to be pure.


Silver Rate in Tamil Nadu – Conclusion

A complete and detailed summary on the silver rates in Tamil Nadu are laid down in this article. We have put in figures pertaining to comparative study of silver and past data which are valuable to understand when it is a good time to invest in silver.

For your portfolio diversification and perfect time to invest in silver, make sure you have seen thoroughly all the aspects in this article, and taken a note of all the economic and political factors impacting today silver rate in Tamil Nadu.


Silver Rate in Tamil Nadu FAQs

Ques – How to check today’s silver rate in Tamil Nadu?

Answer – We keep all the facts and figures regarding the silver rates in Tamil Nadu updated at our website. Therefore, once you open the article the current day’s silver rate in Tamil Nadu will show at the very beginning. The rate of silver is given regarding various units i.e. 1 gram or 10 grams.

Ques – Where to find silver rate in Tamil Nadu?

Answer – The silver rate in Tamil Nadu can be located easily within the article itself. We put up all the information via charts and tables so that it is easy for the customers to point out the information quickly. We provide the latest updates, facts and figures keeping up with the market prices.

Ques – Is this live silver price in Tamil Nadu?

Answer – Yes, this is live silver price in Tamil Nadu. We make sure to provide the customers with the most current data and thereby update our information on a regular basis for the silver rates. We have the live silver prices at the very beginning of the article alongside the comparison with the previous days for the customer to choose.

Ques – Can I find last month’s silver price here?

Answer – Yes, you can easily find last month’s silver price in Tamil Nadu in the article we have provided for you. We have the rates of silver via time frames from a week, 15 days, a month, 6months and a year.

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

Answer – We provide you the rates of silver via various time frames. This is done either in the form of tables or charts. We also provide the rates from different measurements. Therefore to compare the silver rate you have to check the data provided to you in the article and make your analysis.

Ques – Is the Silver rate in Tamil Nadu update?

Answer – Yes, the silver rate in Tamil Nadu is updated. We make tabular data or our facts and figures are present in the form of charts, we keep up with the market rates and keep updating each and every aspect on our website for our customers to find the latest details to ease their enquiry.

Ques – Will I find Silver rate forecast here?

Answer – Yes, we provide the entire historical records of the silver rate at various timelines ensuring technical analysis feasibility to the customers. The rates throughout helps the customers to predict the pattern of price change enabling them to plan strategically. We care for the utmost convenience of the customers.

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

Answer – The standard measurement of silver is known as troy ounce. 1 troy ounce measures 31.103 grams of silver. This measurement comes from the metric system of measurement and is mainly used for measuring metal rates only.

Purity of silver during its measurement is also checked in order to calculate authenticity. Silver can also be measured in:

1 tonne is 1000 kilogram

1 tola is 12 masha or 11.67 gram

Ques – How to check Silver purity in Tamil Nadu?

Answer – The pure silver rate in Tamil Nadu comprises of 94.79% silver which is mixed with other alloys. A local way to check the purity of silver is by using the ice cube test. Silver is said to have the highest thermal conductivity. Therefore, when placing ice on silver, it is said that real silver will melt the ice at a very high rate. Bleach is also used in order to test the authenticity of silver. If bleach tends to tarnish after silver being placed on it, then your silver is considered to be pure.

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

Answer – Every state imposes taxes on luxury items. The state of Tamil Nadu, as per central government rules has levied a 3% GST on purchase and sale of gold and silver. Other charges factored come from transportation and hauling cost, making charges and broking expense that differ from jeweller to jeweller. Therefore, the tax on silver rate in Tamil Nadu is different from taxes in other states.


Share MarketShare Price
Best Share Market Apps in IndiaOpen Demat Account
Top 10 Discount Brokers in IndiaBrokerage Calculator
Top 10 Full Service Brokers in IndiaTrading Platforms
Discount Broker ReviewStock Broker Comparison
Best Demat Account in IndiaMargin Calculator
Top 10 Intraday Trading Brokers in IndiaMobile Trading Apps
Top 10 Broking FranchiseBest PMS In India
Full Service Broker ReviewBest Trading App In India
Know Everything about PMSBrokerage Charges
Stock Broker Complaints & RatingsInvestors Portfolio
Stock Broker Platforms LoginStock Broker Customer Care

Leave a Reply

Your email address will not be published. Required fields are marked *

24 + 9 =

Get 90% Discount on Brokerage Now! Open Demat Account