Today, the silver price in Hyderabad stands at ₹173 per gram, equating to ₹1,73,000 per kilogram. This marks an increase of ₹3 per gram and ₹3,000 per kilogram compared to yesterday. Silver prices have been on an upward trend for three consecutive days, with rates recorded at ₹1,70,000 per kg on November 11 and ₹1,69,000 per kg on November 10. Analysts attribute this rise to significant demand both domestically and internationally. Silver is widely utilized in jewelry, electronics, and solar panel production. Numerous traders in Hyderabad are presenting favorable prices for silver, which can be purchased in the form of coins, bars, or jewelry. Additionally, silver trading is available online via the MCX platform.
As a safe and long-term investment option, silver is anticipated to experience consistent growth in the upcoming months, despite daily fluctuations in prices.