Silver 999 price performance
▲ Up ₹20.00 (+7.4%) over 31 days
Salem, 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 2:07 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 | ₹288.23 | Verified |
| May 28, 2026 | ₹286.70 | Verified |
| May 27, 2026 | ₹291.77 | 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 Salem, Tamil Nadu, as of 14 May 2026, silver prices are influenced by recent market trends and global demand. Silver's value varies based on purity levels, with 999 purity silver priced at approximately ₹315 per gram, 925 purity at around ₹291.38, and 900 purity at about ₹283.50. The market has seen fluctuations over the past month, with prices trending upward recently, reaching a high of ₹317.67 on 14 May. Understanding current rates and market movements is essential for buyers and investors in Salem looking to purchase or sell silver. Local market conditions, purity, and timing all play vital roles in determining the best value for your silver transactions. Staying informed about recent price changes can help you make more strategic decisions in this dynamic market environment.
Market
Market pulse
Silver prices in Salem have experienced notable growth as of mid-May 2026, with recent data showing a steady upward trend from earlier lows. The market has responded positively to global economic factors, pushing prices higher over the past few weeks. With the current rate at ₹317.67 for 999 purity silver, buyers are encouraged to monitor fluctuations closely. This upward momentum suggests increased demand and potential investment opportunities. However, market conditions can change rapidly, so staying updated on local and international trends is crucial for making timely decisions in Salem's silver market.
Guide
Buyer playbook
For buyers in Salem, Tamil Nadu, it's important to stay informed about current silver rates and purity markings. Always verify the purity of silver before purchasing, ensuring it matches the marked grade such as 999, 925, or 900. Consider timing your purchase during periods of stable or declining prices to maximize value. Compare rates from multiple local vendors to find the best deal, and inquire about any additional charges or premiums. Keep an eye on recent market trends, especially as prices have been rising recently, to make strategic buying decisions. Proper documentation and receipts can also help in future resale or valuation. Remember, understanding the market dynamics and verifying the authenticity of your silver are key steps in making confident transactions in Salem.
Checklist
Local buying checklist
- Verify current rates.
- Check purity markings.
- Inspect the physical condition of the silver.
- Confirm the seller's reputation.
- Request a detailed invoice or receipt.
- Store the purchase securely for future reference.
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FAQ
Frequently asked questions
What is the current silver price in Salem, Tamil Nadu?
As of 14 May 2026, silver priced at 999 purity is approximately ₹315 per gram, with other purities at ₹291.38 for 925 and ₹283.50 for 900 purity.
How have silver prices changed recently?
Silver prices in Salem have been trending upward, reaching a high of ₹317.67 on 14 May 2026, after fluctuating over the past month.
What should I check before buying silver in Salem?
Verify current rates, check purity markings, inspect the silver's condition, confirm the seller's reputation, request a detailed invoice, and store the purchase securely.
Are there any recent market trends I should be aware of?
Recent data indicates a steady upward trend in silver prices, influenced by global demand and market conditions, with prices rising notably in early May 2026.
Is it better to buy silver now or wait?
Deciding whether to buy now depends on your investment goals and market conditions. Prices have been rising recently, so monitoring trends closely is advisable.
How do I verify the purity of silver in Salem?
Check for official purity markings on the silver, and consider testing or consulting with reputable vendors to ensure authenticity and purity.