Find the updated silver rate today as on 22.10.2020 as per silver market volatility in India for each gram to an ounce and kilogram price, also check what is silver hallmarking…
Silver is one such that comes under commodities including Gold, platinum, and other valuable precious items, thus Market always offers an individual to invest in Commodity Market rather than moving to equity or mutual funds which don’t stand still every time.
Silver Price Today
|Weight||Silver Price in Rs.|
|1 Kilogam (KG)||62663|
|Lowest Silver Rate Today / Kg||62809|
|Highest Price Today||63883 Per kg|
Silver is a precious metal along with inductive metal, which is mostly imported in India, and the Metal is Ductile, Lustrous, Malleable and a good conductor of electricity, and the rate of Silver increase day by day, so you may check today rate in a commodity market before buying.
The Demand for Silver always rises every day in China and India, as the rising Gold prices have shifted the Investor’s interest in Silver metal, and thus having a good demand in industries along with most valuable jewelry and silverware, Let’s check the today rate
What is Silver Hallmarking?
Hallmarking is a process that officially determines the quality of metal like Gold and Silver, and any metal bought as an ornament or for any purpose will be officially stamped with Hallmark after texting its purity, thus buying Silver with Hallmark makes it more valuable without any added extra metals.
Do we need to Pay Tax for Buying Silver?
Yes, anything that is in the commodity market does have a minimum service tax declared by the government, thus if you buy silver you will have to pay the Service Tax which goes directly to government interns of exchange money.
What are the benefits of Buying Silver?
As it is seen and already known that Silver always has an increase in its Market value, and the increase in Gold in the market always makes Silver Affordable with an increase in demand, and thus buying Silver at a certain rate as per the current date, will make its price double or more after a certain period.