Commissions do not affect our editors' opinions or evaluations. The price of silver today, as of 8:17 am ET, was $29.80 per ounce. That’s up 0.91% from yesterday’s silver price of $29.53.
People in Bangalore consider silver mainly as an investment. It has a profitable resale value and stability to bank upon. The rate of silver here depends heavily on international prices of ...
For example, if one gramme of silver Rs 61.40 today, you can buy 1 kg of the precious metal for Rs 61,400. But you will get a little over 10 gms of gold at this price depending on exchange rate.
Consequently, in Delhi, the silver rate today can be accepted as a benchmark for silver rates in other parts of the country. Silver has been popular with the ever-expanding middle class in the city.
The silver market continues to see a lot of noisy behavior. At this point in time, we are looking at the $30 level with caution, as well as a few other things above. At this point, interest rates have ...