Silver Price Trend in Salem This month

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Trend graph
Low: ₹295High: ₹325
₹330₹320₹310₹300₹29101 March 202605 March 2026
DatePrice / gChange / 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

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 Salem

Industrial Use & Jewelry
Silver in Salem 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.

This month Price Range and Volatility for Silver in Salem

During This month in Salem, silver prices moved between a low of ₹295 and a high of ₹325 per kg. This summary offers Salem investors a clear view of the silver market’s momentum and price stability.

Salem has an active silver market serving both the city and surrounding towns. Silver utensils are common wedding gifts in Salem's merchant families. Silver pooja items for local temples — particularly the Sugavaneswarar and Kottai Mariamman temples — are steady sellers.

Live analysis of silver prices This month in Salem. 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 Salem?

Silver in Salem 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 Salem this This month?

The lowest silver rate in Salem 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 Salem on a This month basis?

Generally, yes. Because silver has a smaller market and significant industrial use, its This month fluctuations in Salem tend to be sharper than gold’s.

What factors might change the silver trend in Salem next This month?

Keep an eye on the US Dollar strength and local festival demand in Salem. These factors often dictate whether the next This month will see a price hike or a correction.