In Hyderabad, silver is priced at ₹174 per gram and ₹1,74,000 per kilogram, reflecting a decline of ₹1,000 from the previous day. The recent fluctuations in prices are attributed to changes in global markets and investor sentiment. Comparing yesterday and today, the price of silver moved from ₹175 per gram to ₹174 per gram. For bulk purchases, 10 grams are priced at ₹1,740, while 100 grams cost ₹17,400. Over the past 10 days, prices have decreased, with 10 grams costing ₹1,820 on October 21. Experts anticipate that while prices may experience short-term variations, they are likely to stabilize in the long run.
Silver remains a popular investment choice, often acquired in the form of coins, jewelry, or through online trading on MCX, as it is considered a safe asset that helps diversify investment portfolios.