Silver Price History in Erode for 2026

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Trend graph
Low: ₹256High: ₹425
₹450₹395₹341₹286₹23101 January 202606 March 2026

Today’s prices

Updated: 06 Mar 2026, 01:37
Silver
₹0
₹295 / g
1kg: ₹2,95,000

Disclaimer: Rates are indicative and may vary by jeweller. Making charges, wastage and GST (3%) may apply.

Silver Investment Guide for Erode

Industrial Use & Jewelry
Silver in Erode is widely used for payals (anklets), utensils, and idols. Unlike gold, silver prices are more volatile due to industrial demand.
Taxation on Silver
Physical silver purchases attract 3% GST. Like gold, selling within 3 years incurs STCG tax, while LTCG applies after 3 years.
Checklist Before Buying
1. Look for 925 Sterling Silver mark for jewelry.
2. For bullion (coins/bars), ensure 999 purity.
3. Verify weight carefully as silver is often sold in larger quantities.

2026 Performance: High, Low, and Average Silver Rates in Erode

Throughout the year 2026, silver prices in Erode saw significant movement, reaching a peak of ₹425 per kg and a low of ₹256. With a yearly average of ₹304, 2026 was a key period for silver investors in Erode to track market volatility.

Erode's silver market near the main bazar serves local household demand and the textile trader community. Silver utensils and pooja items are regular purchases. Silver bangles for women are particularly popular in this region's traditional households.

Full 2026 silver rate chart for Erode. View annual high and low prices, yearly averages, and a detailed market performance report for silver per kg.

Silver Rate in Other Cities

FAQ

How did silver prices perform in Erode during 2026?

In 2026, silver prices in Erode showed a growth trend of approximately 15.23%. This performance was influenced by global industrial demand, silver mining outputs, and the strength of the Indian Rupee.

What were the key price milestones for silver in Erode in 2026?

The year 2026 saw silver in Erode touch its highest point of ₹425 per kg in January and its lowest point of ₹256 in January.

Can I use Erode 2026 silver rates for wealth tax calculations?

Yes, the annual averages and specific date rates provided for Erode can be used as a reference for your financial records and asset valuation for 2026.