Neyveli, Tamil Nadu, India

Silver Price

999 per gram ₹254.84
925 per gram ₹235.73
900 per gram ₹229.36

Last rate update: Sat, Jun 20, 2026 12:34 PM

Silver 999 price performance

▼ Down ₹34.97 (-12.1%) over 31 days

Calculation output

Line itemValue
Rate per gram₹254.84
Weight in grams10.000
Gold value₹2,548.40
Chargeable weight10.000
Making charge₹0.00
GST amount₹76.45
Total₹2,624.85

Recent rate history

Date Avg Price Status
Jun 20, 2026 ₹254.84 Verified
Jun 19, 2026 ₹257.71 Verified
Jun 18, 2026 ₹270.76 Verified
Jun 17, 2026 ₹274.82 Verified
Jun 16, 2026 ₹275.99 Verified
Jun 15, 2026 ₹277.69 Verified
Jun 14, 2026 ₹269.82 Verified
Jun 13, 2026 ₹268.88 Verified
Jun 12, 2026 ₹263.76 Verified
Jun 11, 2026 ₹259.84 Verified

In Neyveli, Tamil Nadu, as of 14 May 2026, silver prices are influenced by recent market trends and global demand. The current rates for silver with different purities are 314.79 INR for 999 purity, 291.18 INR for 925 purity, and 283.31 INR for 900 purity. Over the past month, silver prices have shown fluctuations, with a notable increase from around 268-272 INR in early May to over 317 INR on 14 May. This upward trend reflects a growing interest in silver investments and jewelry in the region. Whether you're a collector, investor, or jewelry maker, understanding the current market conditions in Neyveli can help you make informed decisions. Keep an eye on daily price movements and market news to stay ahead in this dynamic market environment. Remember, local demand and global economic factors can significantly influence silver prices in Tamil Nadu and across India.

Market

Market pulse

Silver prices in Neyveli have experienced a steady rise as of mid-May 2026, reaching 317.67 INR per ounce. Recent market activity shows consistent upward momentum, driven by increased demand and economic factors influencing precious metals in India. Investors and buyers should monitor daily fluctuations, as prices can be volatile. The current trend suggests a favorable environment for those considering silver transactions, but staying informed about global market trends and local demand is essential for making strategic decisions.

Guide

Buyer playbook

For buyers in Neyveli looking to purchase silver, start by researching current rates for different purities—currently, 999 purity is at 314.79 INR, 925 at 291.18 INR, and 900 at 283.31 INR. Always verify the purity markings and ensure you're buying from reputable vendors. Consider the purpose of your purchase—whether for investment, jewelry, or collection—and choose the purity accordingly. Keep an eye on daily price movements and market news to time your purchase effectively. When buying, request certification of purity and ask about the seller's return and buyback policies. If buying in bulk, negotiate for better rates. Remember, prices can fluctuate, so staying informed helps you make the most of your investment.

Checklist

Local buying checklist

  1. Verify current rates.
  2. Check purity markings.
  3. Confirm seller reputation.
  4. Inspect the physical condition of silver items.
  5. Request certification of purity.
  6. Understand local taxes and fees applicable in Neyveli.

Coverage

Rate coverage

517 Active cities
32 States covered
2 Country pages

FAQ

Frequently asked questions

What is the current silver price in Neyveli?

As of 14 May 2026, silver with 999 purity is priced at 314.79 INR per ounce, with other purities slightly lower.

How have silver prices changed recently?

Prices have increased from around 268-272 INR in early May to over 317 INR on 14 May, reflecting a positive market trend.

What should I consider when buying silver in Neyveli?

Verify current rates, check purity markings, confirm seller reputation, and request certification to ensure authenticity.

Are there any local taxes on silver purchases in Neyveli?

Local taxes and fees may apply; it's advisable to inquire with local vendors about additional costs.

Is it better to buy silver in bulk or small quantities?

Buying in bulk can sometimes offer better rates, but consider your storage capacity and investment goals.

How can I ensure the purity of silver I purchase?

Always request certification and check purity markings on the silver items or bars.