Usually, the cost of silver in Chennai changes due to various factors. Recently, the government increased the tax rates on gold, which caused the silver rates to rise significantly. As usual, when the gold prices rise higher, the investors jump to silver for an alternative investment.
Today’s Silver Price in Chennai
| Silver Weight | Silver Rate |
| 1 gram | ₹100 |
| 10 gram | ₹1,004 |
| 100 gram | ₹10,040 |
| 1 Kilogram | ₹1,00,400 |
1KG Silver Rate in Chennai – 21th May, 2025
| Date | 1KG Silver Rate | Change |
| May 21, 2025 | ₹1,00,400 | -1.18% |
| May 20, 2025 | ₹1,01,600 | 1.20% |
| May 19, 2025 | ₹1,00,400 | -0.10% |
| May 18, 2025 | ₹1,00,500 | 0.10% |
| May 17, 2025 | ₹1,00,400 | 0.00% |
| May 16, 2025 | ₹1,00,400 | -0.89% |
| May 15, 2025 | ₹1,01,300 | 0.00% |
| May 14, 2025 | ₹1,01,300 | 0.00% |
| May 13, 2025 | ₹1,01,300 | -1.07% |
| May 12, 2025 | ₹1,02,400 | -0.10% |
| May 11, 2025 | ₹1,02,500 | 0.10% |
| May 10, 2025 | ₹1,02,400 | 0.00% |
| May 9, 2025 | ₹1,02,400 | -0.19% |
| May 8, 2025 | ₹1,02,600 | 2.29% |
| May 7, 2025 | ₹1,00,300 | -0.10% |
| May 6, 2025 | ₹1,00,400 | -0.99% |
| May 5, 2025 | ₹1,01,400 | -0.10% |
| May 4, 2025 | ₹1,01,500 | 0.10% |
| May 3, 2025 | ₹1,01,400 | 0.00% |
| May 2, 2025 | ₹1,01,400 | -1.93% |
| May 1, 2025 | ₹1,03,400 | -0.48% |
| Apr 30, 2025 | ₹1,03,900 | 0.00% |
| Apr 29, 2025 | ₹1,03,900 | -1.33% |
| Apr 28, 2025 | ₹1,53,000 | -0.09% |
| Apr 27, 2025 | ₹1,05,400 | 1.05% |
| Apr 26, 2025 | ₹1,04,300 | 0.00% |
| Apr 25, 2025 | ₹1,04,300 | -0.10% |
Where are silver rates in Chennai headed?
One of the main factors that mostly influences the silver rates is the US Federal Reserve’s decision on interest rates. If the interest rates on silver rise higher internationally, then we can see the silver rate in Chennai. So far this year, the silver and gold rates have been increasing lately in Chennai. Some specialists also said that the price of silver will rise higher due to constant demand from the industrial sectors.
Where to store your Silver in Chennai?
After investing your money in silver, it is also important to store your silver in a safe place to protect its value. Here is how you can store your silver in Chennai safely as follows: Bank lockers are one of the safest places provided by the banks where you can store your silver safely.
If you want to store your silver at home, then you can invest in home safes and lockers, make sure to invest in a locker which is a high-quality, fireproof locker. You can also store the silver in private vaults & securities companies that offer 24/7 surveillance for safety, or instead of physical silver, you can opt for digital silver investment, which is stored by trusted institutions.
