Silver Rate in Allahabad
The silver rate in Allahabad is influenced by several factors such as demand, geo-political, economic, etc. One of the main factors that influence the price of the metal is the prevailing dollar rate. They have an inverse relationship with each other. More information on the price of silver rate today in Allahabad can be found below.
05 Sep 2025
Today's Silver Rate in Allahabad
₹ 1▼
Silver Rate in Allahabad (Today & Yesterday)
| Gram | Today | Yesterday | Price Change |
| 1 gram | ₹ 136 | ₹ 137 | ₹ 1▼ |
| 1 kg | ₹ 1,36,000 | ₹ 1,37,000 | ₹ 1,000▼ |
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Silver Rate in Allahabad for Last 10 days
| Date | Price |
| 05 Sep 2025 | ₹ 136 |
| 04 Sep 2025 | ₹ 137(0) |
| 03 Sep 2025 | ₹ 137(0) |
| 02 Sep 2025 | ₹ 137 |
| 01 Sep 2025 | ₹ 136 |
| 31 Aug 2025 | ₹ 134(0) |
| 30 Aug 2025 | ₹ 134 |
| 29 Aug 2025 | ₹ 131 |
| 28 Aug 2025 | ₹ 130(0) |
| 27 Aug 2025 | ₹ 130(0) |
Silver Rate Weekly Comparison
*Disclaimer: Bankbazaar makes no guarantee or warranty on the accuracy of the data provided on this site, the prevailing rates are susceptible to change with Market value and provided on an as-is basis. Nothing contained herein is intended or shall be deemed to be investment advice, implied or otherwise. We accept no liability for any loss arising from the use of the data contained on this website.
Silver Rate in Allahabad
Currently known as Prayagraj, the city of Allahabad is one of the fastest developing cities in Uttar Pradesh. Situated at the confluence of the Ganga, Yamuna and Saraswati rivers, it is a popular pilgrimage site and hosts the Kumbh Mela every 12 years.
Despite its strong religious association, a strong industrial presence has seen steady offtake for the metal, irrespective of fluctuations in silver prices. Besides its use in industrial applications, silver remains a popular metal and is used across the region for a variety of purposes.
Also Check Silver Price in NearBy Cities of Allahabad
Ways to check purity of silver:
Silver is a precious metal and is used in abundance in India. A lot of people invest in silver during festivities and weddings. However, it is extremely important to check authenticity of the metal before investing in it. There are a few ways that can help you to check if the metal bought is real or fake. Read on to know more:
- Magnet test - To conduct this test, all you need is a piece of magnet in your house. We all know that silver has non-magnetic properties and will not get attracted to it. That is why the silver jewellery you have bought can be tested for purity using a magnet. Get the magnet near the silver item you wish to check and see if it gets attracted to the magnet. If the silver article gets attracted to magnet, then it is not pure. If it does not get attracted to magnet, then it is pure.
- Bleach test - The bleach test is another way to test silver metal purity. Pure silver turns black on coming in contact with bleach. Try putting a small drop of bleach on the silver article you have purchased. If it turns black, then it is pure. However, one needs to be careful while conducting this test as it could damage the silver item.
- Check the label - This is an easy way to check purity of silver. All the silver items sold on the domestic or international market come with a hallmark trade stamp. This stamp authenticates the precious metal. When you are buying a silver item, check for a small inscription like 'sterling' or 'ster'. You can also check for 'IS' symbol. These symbols will help you know the authenticity of the item purchased.
Read More on Silver
Facts About Silver
- About Silver Mining
- Amazing Facts About Silver
- Global Demand and Silver Rates in India
- How to Find Certified/Authentic Silver
- Need for Silver as an Industrial Commodity
- Silver - Poor Man's Silver
- What Will Happen To Silver Prices In Five Years?
- Lustre Regained by Silver Miners, Good Time to Invest in Silver?
FAQs on Silver Rate in Allahabad
- What are the options through which I can invest in Silver in Allahabad?
You can invest in silver through Silver Futures Trading, Silver ETFs of the US Market, by purchasing silver jewelry, antiques, silver coins, etc.
- Why does the price of silver go up when the price of oil and US dollar fall?
Silver is considered to be a safe haven. Hence, whenever an event takes place which negatively affects the price of oil and US dollars, the investors tend to invest in silver as they are less volatile in nature and safer bet.
- Did the Russia-Ukraine war affect the price of silver in Allahabad?
Yes, the price of silver both domestic and international were affected due to the war between Russia and Ukraine.
- Will the price of silver remain the same in Allahabad?
No, the price of silver is revised on a daily basis. Hence, the price will not be the same throughout.
- What are the factors that affect the prices of Silver in India?
Some of the factors which affect the prices of silver in India are the rate of Indian rupee in comparison with the US dollar, technology, supply and demand for the silver, global economic trend, etc. Sometimes, certain political factors, either domestic or international, also affect the cost of silver.
- Are silver items also hallmarked like gold in Allahabad?
Yes, silver items are also hallmarked like gold.
- Do fluctuations in crude oil prices affect silver rates in Allahabad?
Yes, the fluctuations in crude oil prices do affect the silver rates.
- Is it safe to eat in a dinner set made of silver in Allahabad?
Yes, it is safe to eat in a dinner set made of silver. It is not toxic for humans.
- When should I invest in silver in Allahabad?
You should keep track on silver rates and make an investment when the rates are comparatively low.
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