The price of silver today is ₹170 per gram and ₹1,70,000 per kilogram. Traders engage in daily transactions involving silver, which can be purchased physically or traded on the MCX. Today’s silver prices compared to yesterday are as follows: 1 gram: ₹170 (+₹1), 8 grams: ₹1,360 (+₹8), 10 grams: ₹1,700 (+₹10), 100 grams: ₹17,000 (+₹100), and 1 kg: ₹1,70,000 (+₹1,000). Prices have seen a slight increase compared to yesterday. Over the past ten days, the silver prices have been: Nov 11: ₹1,70,000, Nov 10: ₹1,69,000, Nov 09-08: ₹1,65,000, Nov 07: ₹1,65,000, Nov 06: ₹1,65,000, Nov 05: ₹1,63,000. The highest price this month was ₹1,70,000, while the lowest was ₹1,63,000. In November, silver has appreciated by 2.41%.
Changes in silver prices are influenced by global market trends, inflation, and the value of the dollar. During times of risk aversion, demand for silver and gold tends to rise, pushing prices higher. Investment experts recommend considering silver as a viable investment option, either through physical purchase or trading on MCX.
