Silver 999 price performance
▲ Up ₹9.47 (+3.9%) over 31 days
Madhavaram, Tamil Nadu, India
Silver Price
999 per gram
₹250.46
925 per gram
₹231.68
900 per gram
₹225.41
Last rate update: Fri, Aug 7, 2026 4:04 AM
Calculation output
| Line item | Value |
|---|---|
| Rate per gram | ₹250.46 |
| Weight in grams | 10.000 |
| Gold value | ₹2,504.60 |
| Chargeable weight | 10.000 |
| Making charge | ₹0.00 |
| GST amount | ₹75.14 |
| Total | ₹2,579.74 |
Recent rate history
| Date | Avg Price | Status |
|---|---|---|
| Aug 07, 2026 | ₹250.46 | Verified |
| Aug 06, 2026 | ₹248.37 | Verified |
| Aug 05, 2026 | ₹239.28 | Verified |
| Aug 04, 2026 | ₹235.42 | Verified |
| Aug 03, 2026 | ₹235.42 | Verified |
| Aug 02, 2026 | ₹235.40 | Verified |
| Aug 01, 2026 | ₹235.34 | Verified |
| Jul 31, 2026 | ₹235.42 | Verified |
| Jul 30, 2026 | ₹235.40 | Verified |
| Jul 29, 2026 | ₹235.42 | Verified |
In Madhavaram, Tamil Nadu, as of 14 May 2026, silver prices have experienced notable fluctuations over the past month. The current rates for different purities are approximately ₹315.56 per gram for 999 purity, ₹291.89 for 925 purity, and ₹284 for 900 purity. Silver prices have shown an upward trend recently, with the highest recorded value reaching ₹318.57 on 14 May. This recent increase reflects a dynamic market influenced by various factors, including global economic conditions and local demand. If you're considering buying or selling silver in Madhavaram, it's important to stay updated on current rates and market movements to make informed decisions. Whether you're a collector, investor, or jewelry maker, understanding the latest pricing trends can help you optimize your transactions and ensure fair value. Keep an eye on local market conditions, and consult trusted dealers for the most accurate and current information before proceeding with any silver transactions in Madhavaram, Tamil Nadu.
Market
Market pulse
Silver prices in Madhavaram have been on the rise as of mid-May 2026, reaching a peak of ₹318.57 per gram for 999 purity. The recent trend indicates increased demand, possibly driven by global economic factors and local market activity. Investors and buyers should monitor these fluctuations closely, as silver remains a popular choice for diversification and hedging. While prices have increased, they remain volatile, emphasizing the importance of timing and market awareness when buying or selling silver in Madhavaram. Staying informed about current rates and market trends can help you make smarter decisions in this dynamic environment.
Guide
Buyer playbook
To navigate silver transactions in Madhavaram effectively, start by researching current market rates for different purities, especially since prices can fluctuate frequently. Always verify the purity and authenticity of silver with trusted dealers, checking for proper markings and certifications. Compare rates from multiple vendors to ensure you're getting a fair deal, considering the recent upward trend in prices. When buying, consider the purpose—whether for investment, jewelry, or collection—and choose the purity accordingly. Keep records of your transactions, including receipts and purity details, for future reference. If selling, ensure your silver is accurately weighed and appraised, and seek multiple offers to maximize value. Staying informed about local market conditions and current rates as of 14 May 2026 will help you make confident and well-informed decisions in Madhavaram.
Checklist
Local buying checklist
- Verify current rates.
- Check purity markings.
- Inspect silver for authenticity.
- Compare prices from multiple vendors.
- Record transaction details.
- Keep updated on market trends.
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FAQ
Frequently asked questions
What is the current silver price in Madhavaram?
As of 14 May 2026, silver prices in Madhavaram are approximately ₹315.56 per gram for 999 purity, ₹291.89 for 925 purity, and ₹284 for 900 purity.
How have silver prices changed recently?
Silver prices have been rising, reaching a high of ₹318.57 on 14 May 2026, after fluctuating over the past month with recent upward momentum.
What should I check before buying silver?
Always verify current rates, check purity markings, inspect for authenticity, and compare prices from different vendors.
Is it a good time to buy silver now?
While prices are currently high, market fluctuations are common. Consider your purpose and market conditions before making a purchase.
How can I ensure I get a fair price?
Compare rates from multiple trusted vendors, verify purity, and keep records of your transactions to ensure fair dealings.
Where can I find reliable silver dealers in Madhavaram?
Consult local jewelry shops and authorized precious metal dealers in Madhavaram for authentic and trustworthy transactions.