Silver Rate in Maharashtra

Today's Silver Rate in Maharashtra ( 19 Jan 2021 )

₹ 66120

Today's Silver Rate per Kg


Compare Silver Rate In Maharashtra (Today & Yesterday)
Today Yesterday Rate Change
Silver (1 Kg) 66120 64111 ₹ 2009

Silver price in Maharashtra Today

Silver price of Maharashtra  - Marathi is the 17th largest ethnic group in India. The existence of this aboriginal clan in the state of Maharashtra came famous, during the regime of Chhatrapati Shivaji, who founded the Maratha Empire in 1674. The influx of the various cultures and traditions has shaped modern Maharashtra, the land of prosperity, and richness. The main festival of this state is Ganesh Chathurthi, where people follow different traditional customs. This festival is observed for ten-day, and on the eleventh-day, people organize procession singing and dancing, carry idols around the streets and immerse it on the Arabian Sea. This festival is the epitome of euphoria and jubilation of the people of Maharashtra. The Maharashtra silver rate today increases during these festive seasons due to high demand.

Market Rate

Silver price Maharashtra is INR 531 per10 gram. Rate of 1 kg silver in Maharashtra costs INR 53,150. The rate of silver in Maharashtra is dependent on international prices. The dollar-rupee exchange rates also influence the price of this white metal. If the value of INR falls against the dollar, the silver will become more costly, despite a stable international price. It is witnessed the moves in tandem with the price of gold. Other factors like interest rate and inflation figures also affect the silver rate of Maharashtra or aaj ka Chandi ka bhav Maharashtra or Maharashtra Chandi ka bhav

More Affordable

Aaj ka chandi ka bhav Maharashtra ka

For decades silver is more affordable than gold. A vast portion of silver production is used in many industries, as this metal is a good conductor; it is used in many electronic devices. The lesser demand for this metal is one of the main reasons for its affordability. Silver is a good option of investment as it mitigates the risk of inflation, currency devaluation, and other economic perils. Silver inherits some unique properties, which make it a good conductor of heat and electricity. It is a soft, ductile, and malleable metal, making it ideal for much industrial use.

People of India for ages have a great fondness for noble metals like gold and silver. Silver has become a great investment vehicle, as it is affordable, liquid, and holds the massive potential of price discovery. Start investing in silver by knowing the aaj ka chandi ka bhav Maharashtra, aaj ka chandi ka bhav Maharashtra ka. Check Gold Price in Maharashtra