Silver Price in Chennai Today
14 March 2025
Silver / Gram
₹110.10
+ ₹0.1
Silver / Kg
₹1,10,100
+ ₹100
Silver price today in Chennai (14/March/2025): ₹110.10 per gram ₹1,10,100 per kilogram Silver rates in Chennai remain steady in 2025, with strong jewellery demand. Track the latest silver price in Chennai at GoldPriceChennai.com!
Today Silver Price Per Gram/Kg in Chennai (INR)
| Gram | Today | Yesterday | Change |
|---|---|---|---|
| 1 | ₹110.10 | ₹110 | + ₹0.10 |
| 8 | ₹880.80 | ₹880 | + ₹0.80 |
| 10 | ₹1,101 | ₹1,100 | + ₹1 |
| 100 | ₹11,010 | ₹11,000 | + ₹10 |
| 1000 | ₹1,10,100 | ₹1,10,000 | + ₹100 |
Gold Silver in Chennai for Last 10 Days
| Date | 10 gram | 100 gram | 1 Kg |
|---|---|---|---|
| Mar 14, 2025 | ₹1,101 | ₹11,010 | ₹1,10,100 (+100) |
| Mar 13, 2025 | ₹1,100 | ₹11,000 | ₹1,10,000 (+1,000) |
| Mar 12, 2025 | ₹1,090 | ₹10,900 | ₹1,09,000 (+2,000) |
| Mar 11, 2025 | ₹1,070 | ₹10,700 | ₹1,07,000 (-1,000) |
| Mar 10, 2025 | ₹1,080 | ₹10,800 | ₹1,08,000 (-100) |
| Mar 9, 2025 | ₹1,081 | ₹10,810 | ₹1,08,100 (0) |
| Mar 8, 2025 | ₹1,081 | ₹10,810 | ₹1,08,100 (0) |
| Mar 7, 2025 | ₹1,081 | ₹10,810 | ₹1,08,100 (+100) |
| Mar 6, 2025 | ₹1,080 | ₹10,800 | ₹1,08,000 (+1,000) |
| Mar 5, 2025 | ₹1,070 | ₹10,700 | ₹1,07,000 (0) |
Where Silver Rates are Headed in Chennai?
A host of international factors will determine the movement of silver prices in the coming months. Key among these is the US Federal Reserve's decision on interest rates. If interest rates rise in the US, silver prices may dip, mirroring trends in gold prices. Silver rates in Chennai typically follow this global trend.
Both gold and silver prices in Chennai have witnessed an uptick this year. Some traders anticipate a price explosion due to increased industrial demand. After the financial crisis of 2008, silver demand surged. However, it has remained relatively stable for most of this year. Looking ahead, a substantial rally in silver prices remains uncertain.
Latest Updates on Silver Price in Chennai
Chennai Silver Rates Spikes on 23rd October
On October 23rd, silver prices in Chennai soared, surpassing previous week’s levels. The rate for 1 kg of silver increased by Rs. 2,000, reaching Rs. 1,12,000/-, while 100 grams of silver rose by Rs. 200, standing at Rs. 11,200/-. Smaller quantities also saw a rise:
- 10 grams increased by Rs. 20 to Rs. 1,120/-
- 8 grams increased by Rs. 16 to Rs. 896/-
- 1 gram rose by Rs. 2 to Rs. 112/-
The Chennai silver market has experienced major hikes this year, with silver futures reaching record highs. This surge is driven by high demand, particularly as India gears up for the Diwali festival.
Chennai Silver Rates on 11th October
Silver prices saw dramatic changes on October 11th, with the market rate standing at Rs. 1,02,000/- per kg and Rs. 10,200/- per 100 grams, reflecting a Rs. 2,000/- and Rs. 200/- drop respectively from the previous day. Smaller quantities observed mixed trends:
- 10 grams increased by Rs. 20 to Rs. 1,020/-
- 8 grams decreased by Rs. 16 to Rs. 816/-
The silver market in India is witnessing a surge in demand as the festive season peaks, with jewelers and retailers anticipating increased purchases during Diwali and Dhanteras.
RBI's Monetary Policy Affects Chennai Silver Rates on 9th October
Following the Reserve Bank of India’s (RBI) monetary policy decision, silver prices in Chennai saw a sharp correction on October 9th. The rates stood at:
- 1 kg - Rs. 1,00,000/-
- 100 grams - Rs. 10,000/-
- 10 grams - Rs. 1,000/-
- 8 grams - Rs. 800/-
- 1 gram - Rs. 80/-
Despite stable inflation and the festive season, the RBI’s decision to maintain interest rates led to a drop in silver prices, presenting a buying opportunity for investors.
Silver Rates in Chennai Decline on 8th October
On October 8th, silver rates in Chennai dropped by Rs. 1,000 per kg, standing at Rs. 1,02,000/-. Similarly, 100 grams fell by Rs. 100 to Rs. 10,200/-. Smaller quantities also witnessed a dip:
- 10 grams - Rs. 1,020/- (down by Rs. 10)
- 8 grams - Rs. 816/- (down by Rs. 1)
As India enters its prime buying season, silver demand is rising, particularly with upcoming Hindu weddings and festive celebrations like Diwali and Dussehra.
International silver prices have also declined from their multi-year highs due to rising US Treasury yields and a strengthening dollar, but geopolitical tensions and increased Chinese demand continue to support a bullish silver outlook.