Silver Rate Chart Last 10 Years In India
Introduction
India is one of the largest consumers of silver in the world. Silver is an important investment option for Indians, and the price of silver has been on the rise over the last decade. In this article, we will take a look at the silver rate chart for the last 10 years in India.
2011
In 2011, the price of silver in India was around Rs. 45,000 per kg. The price of silver started to rise due to increased demand from the industrial sector and investors. The global economic crisis also played a role in the rise of silver prices.
2012
In 2012, the price of silver in India started to decline due to the stabilization of the global economy. The price of silver in India was around Rs. 57,000 per kg.
2013
In 2013, the price of silver in India continued to decline due to the strengthening of the Indian rupee. The price of silver in India was around Rs. 45,000 per kg.
2014
In 2014, the price of silver in India started to rise again due to increased demand from investors and the industrial sector. The price of silver in India was around Rs. 38,000 per kg.
2015
In 2015, the price of silver in India continued to rise due to increased demand from investors and the industrial sector. The price of silver in India was around Rs. 35,000 per kg.
2016
In 2016, the price of silver in India continued to rise due to increased demand from investors and the industrial sector. The price of silver in India was around Rs. 43,000 per kg.
2017
In 2017, the price of silver in India started to decline due to the stabilization of the global economy. The price of silver in India was around Rs. 39,000 per kg.
2018
In 2018, the price of silver in India continued to decline due to the strengthening of the Indian rupee. The price of silver in India was around Rs. 41,000 per kg.
2019
In 2019, the price of silver in India started to rise again due to increased demand from investors and the industrial sector. The price of silver in India was around Rs. 39,000 per kg.
2020
In 2020, the price of silver in India started to rise due to increased demand from investors and the industrial sector. The price of silver in India was around Rs. 50,000 per kg.
Conclusion
The price of silver in India has been on the rise over the last decade due to increased demand from investors and the industrial sector. The price of silver has seen fluctuations over the years, but it has remained a popular investment option for Indians. It is important to keep track of the silver rate chart to make informed investment decisions.