Today's Silver Rate per Kg
Silver price in Delhi - People of Delhi always invested in silver. Many people of Delhi adored this white metal for centuries for its traditional and intrinsic value. Delhi silver rate today moves in tandem with the international and national price of the metal. In the last few months, the price of silver did not fluctuate wildly but exhibiting a steady up move. Experts believe the price to move in this direction for the coming months. Silver is one of the precious metals, which is used in various purposes compared to its counterparts.
The Current price
Silver price Delhi is INR 647per10 gram. Rate of 1 kg silver in Delhi costs INR 64,710. Silver is more affordable than other precious metals like gold and platinum, has offered an excellent return to investors. The price of silver almost tripled in the last five years. More investment is coming in this metal, as investors find it more affordable than gold. More people are buying silver bars and coins online, as it is more convenient. If you look at the silver price chart for the last three to five years, you can easily recognize the pattern and understand the tremendous growth potential it holds.
Understand the trend
It is imperative to study carefully the rate of Delhi today or aaj ka Chandi ka bhav Delhi or Delhi Chandi ka bhav, to understand the price movement before investing in silver. Many factors affect the price of this white metal. You must understand various variables influencing the price of silver, and not take the historical price as the only benchmark. When high net worth investors buy or sell silver bullion, it affects the current price. In 1997, the legendary investor Warren Buffet bought 130 million troy ounces of silver at $4.50 per ounce, which influenced the silver price movement.
Mining of silver is a very energy-intensive process; the price of crude oil is correlated with silver price. Import and logistic support need constant oil support. Volatility in the price of crude influences both silver and gold bullion. Silver is extensively used in many sectors of industries and affects the aaj ka chandi ka bhav Delhi or aaj ka chandi ka bhav Delhi ka. Check Gold Price in Delhi