Silver Price/Rate in Andhra Pradesh

In spite of being a silver producer, silver prices in Andhra Pradesh are related to international prices, depending on multiple factors.

Trend of Silver Rate in Andhra Pradesh for July 2025 (rates per kg) 

Trend of Silver Rate in Andhra Pradesh for June 2025 (rates per kg) 

Trend of Silver Rate in Andhra Pradesh for May 2025 (rates per kg) 

Trend of Silver Rate in Andhra Pradesh for April 2025 (rates per kg)

Trend of Silver Rate in Andhra Pradesh for March 2025 (rates per kg)

Trend of Silver Rate in Andhra Pradesh for February 2025 (rates per kg) 

Trend of Silver Rate in Andhra Pradesh for January 2025 (rates per kg)

Trend of Monthly Silver Rate in Andhra Pradesh for January 2025 

1. In Andhra Pradesh, the price of white metal stood at Rs.98,000 per kg on 1 January 2025 for the month of January 2025, marking the opening rate of the metal for the month in the city. 

1. Over the course of the month, the rates of the precious white metal witnessed significant fluctuation in its rates, thereby resulting an overall inclining trend in the performance of the white metal in Andhra Pradesh. 

1. At the end of the month of January 2025, the price of the precious white metal had dropped in its value and stood at Rs.107,000 per kilogram in the state of Andhra Pradesh on 31 January 2025, which marks the closing rate of silver. 

1. In Andhra Pradesh, the highest price point achieved for the precious white metal for the month of January 2025 was recorded on 31 January 2025 when one kilogram of the precious white metal was sold at the rate of Rs.107,000.  

1. On the contrary, the lowest price point of the precious white metal was recorded at Rs.98,000 per kilogram, which was observed on 1 January 2025 in the state of Andhra Pradesh. 

1. The percentage hike observed in the rates of silver for the month of January 2025 was 9.18% in Andhra Pradesh for the month after considering the overall performance of the precious white metal. 

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The following are significant parameters that impact the silver rate in Andhra Pradesh

Like in other states, Andhra Pradesh's silver price is affected by a wide variety of national and international factors. Knowing these things will enable you to plan ahead and choose wisely when it comes to silver investments.

Demand and supply - The basic forces of supply and demand are important in influencing the price of silver. Prices for silver may rise in response to a decline in supply or a surge in demand. 

Economic conditions -  Silver prices can be impacted by a number of economic factors, including interest rates, inflation, and economic growth. The demand for silver as a hedge against currency devaluation may rise in response to high inflation. 

International market costs - The Indian silver market is significantly influenced by the worldwide silver price, which is usually expressed in US dollars. Domestic silver prices usually increase in accordance with increases in global silver prices. 

Geopolitical events - The silver rate can be impacted by both political and geopolitical events. Silver's price rises when investors seek out safe-haven assets in times of conflicts and uncertainties.  

Industrial demand - Medical devices, LED chips, batteries, etc., are just a few of the many industrial applications of silver. Variations in the demand for silver among industries can affect its price. 

Exchange rates - The price of silver in Andhra Pradesh may fluctuate depending on the exchange rate between the Indian Rupee (INR) and the US dollar (USD). Since silver prices are typically quoted in dollars, Indian consumers may find silver to be more expensive if the rupee declines. 

Government policies and regulations - Modifications to government policies, import/export laws, or taxation may have an impact on the price of silver in Andhra Pradesh.  

Jewellery demand - The market for silver jewellery is substantial in Andhra Pradesh. The demand for silver jewellery during weddings and festivals increases which can have an impact on its price.  

Why to Invest in Silver in Andhra Pradesh 

Here are a few reasons why residents of Andhra Pradesh should consider investing in silver: 

1. Portfolio diversification - Risk diversification can be achieved by adding silver to your investment portfolio. It often demonstrates little correlation with other asset classes such as bonds and stocks. By spreading out risk, diversification can improve the stability of a portfolio. 
2. Safe-haven asset - Silver has been considered to be a safe haven asset during periods of financial crises, geopolitical unrest, or economic uncertainty. When other investments are unstable, investors generally turn to silver as a store of value. 

1. Affordability - A larger spectrum of investors can purchase silver because it is less expensive than gold. You can purchase smaller denominations like coins or bars depending on your budget. 
2. Silver jewellery - Silver jewellery has a long history in India. With the increasing demand, it is always a good idea to invest in this precious metal. 
3. Liquidity -  Silver is an extremely liquid asset that can be bought or sold with ease via a number of channels, such as exchange-traded funds, online marketplaces, and physical transactions. 
4. Easy storage - It is easy to store silver items like coins and bars. It can be stored in a home safe, a safe deposit box, or one of the safe storage spaces dealers provide. 

Points to Remember When Buying Silver in Andhra Pradesh 

Here are a few important considerations to make sure you make a secure and profitable investment when purchasing silver in Andhra Pradesh: 

Hallmarked silver - Always purchase hallmarked silver goods. Hallmarks serve as a guarantee of the silver's quality and purity. Find reputable hallmarking and assay facilities in India. 

Verify the authenticity -  Check the hallmark to make sure the silver item you want to buy is authentic. Make sure that the silver jewellery is certified by the Bureau of Indian Standards (BIS). BIS-certified jewellery satisfies standards of purity and quality. Silver item must have the BIS mark, year of marking, purity/fineness, assay centre’s identification mark, and jeweller's identification mark/number.   Check seller’s authenticity: Purchase silver from banks, jewellers, or reputable dealers to guarantee its quality and authenticity. To identify reliable sellers, perform some research and read reviews from customers. 

Bills and receipts - Request a complete invoice or receipt for every purchase you make. This must comprise the name and contact details of the seller, the details of the product, the cost, and any applicable taxes. 

Transparency in prices -  Prior to buying, find out how much silver is currently selling on the market. Sellers who offer prices that are much less than the current market price should be avoided as this may indicate trouble. 

Learn about applicable taxes - Pay attention to any taxes or fees related to your silver purchase. Silver is subject to the goods and services tax (GST) in India. 

Options for resale - Think about where and how you could sell your silver in the future. Research possible resale opportunities because various buyers might make different offers. 

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