Silver Price Trend in Chennai This month
| Date | Price / g | Change / g |
|---|---|---|
| 05 March 2026 | ₹295 | ₹0 (+0.00%) |
| 04 March 2026 | ₹295 | -₹20 (-6.35%) |
| 03 March 2026 | ₹315 | ₹0 (+0.00%) |
| 02 March 2026 | ₹315 | -₹10 (-3.08%) |
| 01 March 2026 | ₹325 | +₹5 (+1.56%) |
Today’s prices
Disclaimer: Rates are indicative and may vary by jeweller. Making charges, wastage and GST (3%) may apply.
Silver Investment Guide for Chennai
Industrial Use & Jewelry
Taxation on Silver
Checklist Before Buying
2. For bullion (coins/bars), ensure 999 purity.
3. Verify weight carefully as silver is often sold in larger quantities.
This month Price Range and Volatility for Silver in Chennai
During This month in Chennai, silver prices moved between a low of ₹295 and a high of ₹325 per kg. This summary offers Chennai investors a clear view of the silver market’s momentum and price stability.
Chennai and Tamil Nadu have a strong cultural tradition of gifting silver vessels, especially for weddings and house-warming ceremonies (griha pravesh), making Chennai one of India's larger retail silver markets. T. Nagar's jewellery district stocks a wide range of silver articles — from decorative items to investment coins — and rates are set by the CJBMA (Chennai Jewellers and Bullion Merchants Association), occasionally diverging slightly from MCX. For pure investment silver (999 fine bars), compare prices at wholesale dealers near the Parry's Corner area for the most competitive rates.
Live analysis of silver prices This month in Chennai. Compare the highest and lowest silver rates reached this This month with daily volatility data.
Silver Rate in Other Cities
FAQ
How does the This month silver average compare to the previous cycle in Chennai?
Silver in Chennai has seen a 10.17% volatility shift This month, largely driven by international industrial demand and global silver ETF movements.
When was the best time to buy silver in Chennai this This month?
The lowest silver rate in Chennai during this This month was recorded at ₹295 per kg. Investors often look for these "dips" to enter the market.
Is silver more volatile than gold in Chennai on a This month basis?
Generally, yes. Because silver has a smaller market and significant industrial use, its This month fluctuations in Chennai tend to be sharper than gold’s.
What factors might change the silver trend in Chennai next This month?
Keep an eye on the US Dollar strength and local festival demand in Chennai. These factors often dictate whether the next This month will see a price hike or a correction.