Silver 999 price performance
▲ Up ₹20.00 (+7.4%) over 31 days
Chennai, Tamil Nadu, India
Silver Price
999 per gram
₹290.00
925 per gram
₹268.25
900 per gram
₹261.00
Last rate update: Mon, Jun 1, 2026 2:01 PM
Calculation output
| Line item | Value |
|---|---|
| Rate per gram | ₹290.00 |
| Weight in grams | 10.000 |
| Gold value | ₹2,900.00 |
| Chargeable weight | 10.000 |
| Making charge | ₹0.00 |
| GST amount | ₹87.00 |
| Total | ₹2,987.00 |
Recent rate history
| Date | Avg Price | Status |
|---|---|---|
| Jun 01, 2026 | ₹290.00 | Verified |
| May 31, 2026 | ₹290.00 | Verified |
| May 30, 2026 | ₹290.00 | Verified |
| May 29, 2026 | ₹288.13 | Verified |
| May 28, 2026 | ₹286.70 | Verified |
| May 27, 2026 | ₹291.88 | Verified |
| May 26, 2026 | ₹295.00 | Verified |
| May 25, 2026 | ₹295.00 | Verified |
| May 24, 2026 | ₹295.00 | Verified |
| May 23, 2026 | ₹295.00 | Verified |
In Chennai, Tamil Nadu, as of 12 May 2026, silver prices have experienced notable fluctuations over recent weeks. The current rates for silver purity levels are ₹300 per gram for 999 purity, ₹277.5 for 925 purity, and ₹270 for 900 purity. Silver prices have shown an upward trend recently, with the latest rate reaching approximately ₹294.52 per gram, reflecting a steady increase from earlier in April. This trend indicates a potential opportunity for investors and buyers to consider their options carefully. Understanding the current market conditions, purity levels, and historical price movements can help in making informed decisions when buying or selling silver in Chennai. Whether you are a seasoned investor or a first-time buyer, keeping track of these fluctuations is crucial for maximizing value and ensuring transparency in your transactions.
Market
Market pulse
Silver prices in Chennai have been on an upward trajectory as of May 2026, with recent data showing a peak of around ₹294.52 per gram. This increase follows a period of relative stability, with some fluctuations in April. The current rates reflect a positive market sentiment, influenced by various economic factors. Buyers should monitor these trends closely, as prices can continue to rise or stabilize. Sellers might find this an opportune moment to capitalize on higher rates, but should also stay aware of potential market corrections. Overall, the silver market in Chennai remains active, with prices trending upward, making it essential for buyers and sellers to stay informed and act accordingly.
Guide
Buyer playbook
To navigate silver transactions in Chennai effectively, start by researching current rates and market trends. Always verify the purity of silver, as prices vary significantly between 900, 925, and 999 purity levels. When purchasing, inspect the silver for official markings and authenticity certificates to ensure quality. Compare prices from multiple trusted vendors to get the best deal, and consider the timing of your purchase—prices have been rising recently, so acting promptly could be advantageous. For selling, gather all relevant documentation, including purchase receipts and purity certifications, to establish credibility. Keep an eye on market fluctuations and historical price data to determine the optimal time for your transaction. Whether buying or selling, prioritize transparency, verify the seller’s reputation, and avoid deals that seem too good to be true. Staying informed and cautious can help you make the most of your silver investments in Chennai.
Checklist
Local buying checklist
- Verify current rates.
- Check purity markings.
- Inspect silver for authenticity.
- Compare prices from trusted vendors.
- Review recent market trends.
- Confirm seller credibility.
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FAQ
Frequently asked questions
What are the current silver prices in Chennai?
As of 12 May 2026, silver prices are approximately ₹300 per gram for 999 purity, ₹277.5 for 925 purity, and ₹270 for 900 purity.
How have silver prices changed recently?
Silver prices have been rising, reaching around ₹294.52 per gram as of May 12, 2026, after fluctuations in April and early May.
What should I check before buying silver in Chennai?
Verify current rates, check purity markings, inspect for authenticity, and compare prices from trusted vendors.
Is it a good time to sell silver now?
With recent upward price trends, it might be advantageous to consider selling, but always review market conditions and your personal circumstances.
How can I ensure the authenticity of silver?
Look for official purity markings, request certificates of authenticity, and buy from reputable vendors.
Are there any risks in buying silver in Chennai?
Risks include counterfeit products, inaccurate purity claims, and price fluctuations. Always verify seller credibility and inspect the silver thoroughly.