Silver is sought-after by millions across the country in many forms. While silver has a significant and growing industrial base in terms of its usage, it is widely used for making intricate jewellery items, coinage, silverware and other artefacts.
Many consumers in Kolhapur buy silver gift articles during the wedding season since the white precious metal is believed to bring in good luck. Silver articles are extensively used during various traditional rituals. Not surprisingly, possession of the precious metal is considered a symbol of prosperity and status amongst a significant section of society.
₹ 1▼
Gram | Today | Yesterday | Price Change |
1 gram | ₹ 136 | ₹ 137 | ₹ 1▼ |
1 kg | ₹ 1,36,000 | ₹ 1,37,000 | ₹ 1,000▼ |
Date | Price |
05 Sep 2025 | ₹ 136 |
04 Sep 2025 | ₹ 137(0) |
03 Sep 2025 | ₹ 137(0) |
02 Sep 2025 | ₹ 137 |
01 Sep 2025 | ₹ 136 |
31 Aug 2025 | ₹ 134(0) |
30 Aug 2025 | ₹ 134 |
29 Aug 2025 | ₹ 131 |
28 Aug 2025 | ₹ 130(0) |
27 Aug 2025 | ₹ 130(0) |
*Disclaimer: Bankbazaar makes no guarantee or warranty on the accuracy of the data provided on this site, the prevailing rates are susceptible to change with Market value and provided on an as-is basis. Nothing contained herein is intended or shall be deemed to be investment advice, implied or otherwise. We accept no liability for any loss arising from the use of the data contained on this website.
Most middle-class and lower middle-class segments seek the white precious metal as a robust asset and safe haven for investment in the long term. Many small investors in Kolhapur prefer buying silver to gold given the former is more affordable than the yellow metal.
Owing to its intrinsic value, silver rate is recognized across in the world and can, therefore, be easily bought and sold at any location.
Parameter | Silver price (per kg) |
1 July 2025 Rate | Rs.1,20,000 per kg |
31 July 2025 Rate | Rs.1,25,000 per kg |
Highest Rate in July 2025 | Rs.1,29,000 per kg on 23rd July |
Lowest Rate in July 2025 | Rs.1,20,000 per kg on 1st to 10th July except on 3rd July |
Overall Performance | Incline |
Percentage Change | 4.16% |
Parameter | Silver price (per kg) |
1 June 2025 Rate | Rs.1,11,000 per kg |
30 June 2025 Rate | Rs.1,19,000 per kg |
Highest Rate in June 2025 | Rs.1,22,000 per kg on 18th and 19th June |
Lowest Rate in June 2025 | Rs.1,11,000 per kg on 1st and 2nd June |
Overall Performance | Incline |
Percentage Change | 7.20% |
Parameter | Silver price (per kg) |
1 May 2025 Rate | Rs.1,09,000 per kg |
31 May 2025 Rate | Rs.1,11,000 per kg |
Highest Rate in May 2025 | Rs.1,12,000 per kg on 22nd May |
Lowest Rate in May 2025 | Rs.1,08,000 per kg on 3rd to 5th May, 15th to 18th May, and 20th May |
Overall Performance | Incline |
Percentage Change | 1.83% |
Parameter | Silver price (per kg) |
1 April 2025 Rate | Rs.1,14,000 per kg |
30 April 2025 Rate | Rs.1,11,000 per kg |
Highest Rate in April 2025 | Rs.1,14,000 per kg on 1st and 2nd April |
Lowest Rate in April 2025 | Rs.1,02,000 per kg on 8th and 9th April |
Overall Performance | Decline |
Percentage Change | -2.63% |
Parameter | Silver price (per kg) |
Rate of Silver on 1 March 2025 | Rs. 1,05,000 per kg |
Rate of Silver on 31 March 2025 | Rs. 1,08,000 per kg |
Highest Rate of Silver in the month of March 2025 | Rs. 1,14,000 per kg on 2nd, 4th, 13th and 24th March |
Lowest Rate of Silver in the month of March 2025 | Rs. 1,05,000 per kg on 1st and 29th March |
Overall Performance | Incline |
Percentage Change | 2.86% |
Parameter | Silver price (per kg) |
Rate of Silver on 1 February 2025 | Rs. 1,07,000 per kg |
Rate of Siver on 28 February 2025 | Rs. 1,05,000 per kg |
Highest Rate of Silver in the month of February | Rs. 1,09,000 per kg on 20 February 2025 and 21 February 2025 |
Lowest Rate of Silver in the month of February | Rs. 1,05,000 per kg from 28 February 2025 |
Overall Performance | Decline |
Percentage Change | 1.87% |
Parameter | Silver price (per kg) |
1 January 2025 Rate | Rs.98,000 per kg |
31 January 2025 Rate | Rs.107,000 per kg |
Highest Rate in January 2025 | Rs.107,000 per kg on 31 January 2025 |
Lowest Rate in January 2025 | Rs.98,000 per kg on 1 January 2025 |
Overall Performance | Incline |
Percentage Change | 9.18% |
Parameter | Silver price (per kg) |
Rate of Silver on 1 December 2024 | Rs. 1,00,000 per kg |
Rate of Siver on 31 December 2024 | Rs. 98,000 per kg |
Highest Rate of Silver in the month of December | Rs. 1,04,000 per kg on 10 December 2024, and 12 December 2024 |
Lowest Rate of Silver in the month of December | Rs. 98,000 per kg from 20 December 2024, and 31 December 2024 |
Overall Performance | Decline |
Percentage Change | 2.00% |
Silver has a store of value and therefore, considered a safe form of investment. For many customers, the white precious metal not only adds stability but also helps diversify their investment portfolios. Most consumers increasingly turn to precious metals such as silver given that it can be easily sold during times of economic uncertainty and crises.
Physical silver - For most customers, the easiest way to invest in silver is to buy it in various physical forms such as bars and coins which are widely available in standard denominations in Kolhapur. Silver is bought in the form of trendy silverware, artefacts and gift articles in addition to traditional ornaments.
Silver contracts - Customers can trade silver-futures on the National Commodity and Derivatives Exchange (NCDEX) and Multi Commodity Exchange (MCX). Silver micro is traded in 1 kg. Various charges such as exchange levy and stamp duty among others have to be borne by customers.
Also Know: Silver Rate in Maharashtra
Silver comes in four different purity levels: fine or pure silver at 99.99% purity, Brittania with 95.8% purity, Sterling silver with 92.5% purity, and jewellery silver with 80% purity.
The main elements affecting the volatility of silver rates in Kolhapur are oil prices, the value of the dollar, changing industrial demand, restrictions on the import/export of silver and the geopolitical climate across the world.
Before buying silver goods in Kolhapur, you should bear in mind a few important factors, including silver prices, certifications, making costs, and the item's overall weight, excluding any stones that may be set in it.
Yes, buying silver from banks in Kolhapur is safe.
Absolutely, you can make silver investments in Kolhapur as it is less expensive than gold and has several industrial and medical applications.
In comparison to gold, silver investments are harder to predict than gold, making it a riskier investment. Silver is a high-risk investment option due to the small transaction volume and possibility for inflated gains and losses.
Items made of silver can have their metal content identified and verified through hallmarking. It is recognised in many nations and is applied as an assurance of purity. The official standards body of India, the BIS (Bureau of Indian Standards), attests to the purity of silver.
Before purchasing any silver, whether online or in person, it is imperative to research the current silver rate in the city. This is due to the fact that even a small change in the price of silver in Kolhapur on a particular day can result in sizable losses. Silver is currently much more expensive in Jamshedpur than it was ten years ago. Therefore, before making a silver purchase, it is crucial to constantly monitor and evaluate the current silver rate in Kolhapur with different jewellers.
Yes, when purchasing the precious silver in Kolhapur, you must pay 3% in Goods and Services Tax (GST).
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