Silver is a valuable piece of jewelry that complements a stylish look. Its aesthetic has always been attractive and beneficial, from traditional to modern elegance. Beyond its chic and contemporary appeal, silver is a useful investment asset. It holds substantial profitable value and is highly affordable. With gold, silver is also a great addition to diversify its portfolio.
Today Silver Price in Grams in Ahmedabad
| Gram | Today | Yesterday | Change |
|---|---|---|---|
| 1 gram Silver rate today | ₹ 92.50 | ₹ 92.60 | -₹0.10 |
| 1kg | ₹ 92,500 | ₹ 92,600 | -₹100 |
Silver is a growing asset
In the past, silver was not considered an immensely valuable asset. However, since gold prices have surged dramatically, the demand for silver has also grown. Silver is an affordable and precious investment of the present day. Additionally, reports suggest that individuals are moving from imitation to silver- both in terms of adorable jewelry and useful investment. Plus, silver today also offers good exchange value. Therefore, it is a highly growing asset.
When investing in silver, you can choose to buy silver coins, designer jewelry, artifacts, and commodities in future exchanges too. However, there is no silver ETF.
Why is Silver a precious investment?
- Silver is a physical commodity like gold and will hold up its inherent value during economic uncertainty.
- Its affordability makes it an easily accessible asset, even for first-time investors and small-scale buyers.
- It helps in portfolio diversification and mitigates risk from stocks and other investment options.
- It has a historical significance and its exchange value makes it valuable and appealing.
- It is a meaningful asset that can be passed on to generations.
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Silver Rate Today in Major Indian Cities
FAQs – Silver Rate in Ahmedabad
What is the rate of 1 kg of silver in Ahmedabad?
The price of 1kg silver in Ahmedabad is Rs ₹ 92,500.
How to test the purity of silver?
Yes, testing the silver purity is important. To test if it’s genuine, you can do the magnet test and ensure it is not attracted, or take the bleach test to see if the silver is tarnished. You can also check the authenticity by checking if there is a hallmark stamp behind the ornament.
Should every silver purchase have a hallmark symbol?
A hallmark symbol determines the originality and purity of the silver. However, some local stores may not have the stamp, but if you are purchasing from a genuine and credible jeweler you can be assured about the silver. Yet, look for hallmark sign whenever you buy silver.