Today's Silver Rate per Kg
Silver Price of Bihar - Bihar is the third largest state and believed to be the oldest inhabited place in India. The rich culture and heritage of this state is acclaimed and respected all over the world. Buddhism sprouted from this ground, which is also the place of many religious and educational centers. Madhubani painting is an excellent example of Bihar`s rich cultural heritage. Jewelry worn by women has a distinctive style, the paunchi; the bracelet made of small silver or brass sprouts is such an example. Dangling earrings imitating Kundan works made of silver is both delicate and elegant. Bihar silver rate today, increases during festive and religious occasions. Silver is an integral part of the custom and traditions of the state.
Current Price of Silver
Silver price Bihar is INR 528 per10 gram. Rate of 1 kg silver in Bihar costs INR 52,810. With rapid urbanization and higher disposable income, people of Bihar reckon silver as an excellent investment option. Silver rate in Bihar is closely correlated to the international price, as India imports a large amount of silver.
A good option of investment
Gold and silver have always been a preferred vehicle of investment in India, but with the escalation of import duty, the yellow metal has become more precious. Silver, thereby, become a safe and viable option of investment for ordinary people. A silver coin is a better option when it comes to investment in jewelry, as no making charge is involved. Commodity futures are also an excellent way of investing in silver. Start the process with knowing the silver rate of Bihar today or aaj ka Chandi ka bhav Bihar or Bihar Chandi ka bhav.
You can trade in silver through a registered broker in MCX or NCDEX. In MCX, you can trade in bullion futures, which are highly liquid with profound market depth. There are different contract size; 1kg, 5kg, and 30kg, you can select the suitable one according to your budget. Deliverable contracts are also traded in this exchange, where you get silver bars of international quality. The initial margin is also low, around 5% of the contract value. Silver has many industrial applications, mainly in photography, electronics, and electrical industries. Demand for silver will always be robust. Before you start investing in silver, keep an eye on the aaj ka chandi ka bhav Bihar or aaj ka chandi ka bhav Bihar ka. Check Gold Price in Bihar