Silver Price/Rate in Srinagar Today
Silver is sold in many forms in Srinagar. For many investors in Srinagar, silver is viewed as a precious metal or asset with an increasing value over the long term.
Many prefer buying investing in silver by way of incremental savings every month rather than in a lump sum form to avoid the negative effects of price fluctuations. Silver rate today is viewed as a safe bet during times of high inflation.
05 Sep 2025
Today's Silver Rate in Srinagar
₹ 1▼
Silver Rate in Srinagar (Today & Yesterday)
| Gram | Today | Yesterday | Price Change |
| 1 gram | ₹ 136 | ₹ 137 | ₹ 1▼ |
| 1 kg | ₹ 1,36,000 | ₹ 1,37,000 | ₹ 1,000▼ |
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Silver Rate in Srinagar for Last 10 days
| 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) |
Silver Rate Weekly Comparison
*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.
Silver Price in Srinagar
Silver is extensively sold in Srinagar in the form of silverware, artefacts and traditional rituals including weddings. Silver or 'poor man's gold' is sought-after by small investors in Srinagar given that the white metal is more affordable than the yellow metal.
Also, Check Silver Price in Near by Cities of Srinagar
Silver as an Investment
Silver as a precious metal has a store of value. Silver also known as 'poor man's gold' is sought-after by small investors given that unlike the yellow metal, which entails investment running into thousands, a small denominations of silver coins can be bought for a few hundred rupees.
Many consumers turn to conventional or traditional investments such as silver coins or during periods of economic instability.
Physical silver - Buying physical silver is, by and large, the more preferred mode of investing in Srinagar. People in Srinagar buy silver bars (100g, 500g or 1kg) and coins. Various items of jewellery from necklaces and bajubandh to rings and bracelets are sold.
Handcrafted intricate jewellery with traditional designs by expert craftsmen are also much in demand.
Silver contracts - Silver is traded in Multi Commodity Exchange (MCX), National Multi Commodity Exchange (NMCE) and National Commodity & Derivatives Exchange (NCDEX). Silver micro is traded in 1 kg (unit) and SILVER 1000 in units of 5 kg.
Silver Rate in Srinagar
Silver rate in Srinagar depends on various national and international factors. 1 kg of silver was pegged at Rs.39985 in the month of January.
The price of the white precious metal decreased by -6.0% to Rs.37555 in February.
The downward slide continued in the months of March and April as well with the white precious metal pegged at Rs.37471 and Rs.37388 respectively.
The months of May witnessed a minor rise in the price of silver by 6% to Rs.39701. Silver rates in Srinagar, however, plummeted in the latter part of 2015, barring a mini rally in the month of August. 1 kg of silver which was pegged at Rs.36028 in September decreased by -1.1% to Rs.35626 in October. The price of silver hovered around Rs.34500 in November but decreased by 0.4% to Rs.34360 in December.
Read More on Silver
Facts About Silver
- About Silver Mining
- Amazing Facts About Silver
- Global Demand and Silver Rates in India
- How to Find Certified/Authentic Silver
- Need for Silver as an Industrial Commodity
- Silver - Poor Man's Silver
- What Will Happen To Silver Prices In Five Years?
- Lustre Regained by Silver Miners, Good Time to Invest in Silver?
FAQs on Silver Rate in Srinagar
- What are different ways by which I can stay updated with silver prices in Srinagar?
Online forums, newsletters, and financial websites are some of the ways by which you can stay updated with silver prices in Srinagar.
- What are the benefits of investing in silver in Srinagar?
Some of the benefits of investing in silver in Srinagar are protection against inflation and long-term appreciation opportunities.
- Is it possible to sell silver investments in Srinagar easily?
Yes, silver investments in Srinagar can be sold easily via bullion dealers, jewellers, and on online platforms.
- Are there any risks associated with investing in silver in Srinagar?
Yes, some of the risks associated with investing in silver in Srinagar are fluctuations in demand from jewellery sectors, geopolitical uncertainties, and price volatility.
- Will tax be levied in case I purchase silver in Srinagar?
Yes, local taxes and GST will be levied in case you purchase silver in Srinagar.
- What are the different ways by which I can invest in silver in Srinagar?
Silver Exchange-Traded Funds, bars, and coins are different ways to invest in silver in Srinagar.
- What is the historical trend of silver prices in Srinagar?
Historically, the silver prices in Srinagar have shown fluctuations, influenced by global economic conditions, geopolitical events, and industrial demand.
- Where can I check the current prices of silver in Srinagar?
You can check the current silver rate in Srinagar via online financial websites, mobile apps, or by visiting local jewellers and bullion dealers.
- How often do silver rates in Srinagar change?
Silver prices in Srinagar can change frequently, sometimes several times a day and depend on market conditions and economic factors.
- What factors affect the prices of silver in Srinagar?
Silver prices in Srinagar is influenced by global market trends, demand-supply dynamics, currency fluctuations, and local taxes.
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