Silver has been a favourite in Chennai homes. From ancient jewelry and offerings to the temples to contemporary investments and industrial use, silver remains the star in the city’s economic and cultural scene. On 24th November 2025, the Chennai silver price was ₹171 per gram and ₹1,71,000 per kilogram, down slightly from yesterday’s prices.
Even though the fall in the gold rate is little, for the buyers and investors of silver in Chennai, a tiny fall or rise matters a lot, as the marginal fall in the silver rate today in Chennai can make a more significant difference in purchases and wedding purchases, or while they plan to buy silver as a long-term investment.
Current Silver Price in Chennai (INR)
1 Gram Silver Rate |
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|---|---|
₹ 171/ 1 gram |
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10 Gram Silver Rate |
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|---|---|
₹ 1,710/ 1 gram |
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100 Gram Silver Rate |
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|---|---|
₹ 17.100/ 1 gram |
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1Kg Silver Rate |
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|---|---|
₹ 1,71,000/ 1 gram |
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The marginal fall reflects a trend reversal in silver prices after a recent spurt early this month. 10 Grams, 100 grams, 1 kg change
| Date | 10 gram | 100 gram | 1 kg |
|---|---|---|---|
| 24 November 2025 | ₹ 1,710 | ₹ 17.100 | ₹ 1,71,000 |
| 23 November 2025 | ₹ 1,720 | ₹ 17.200 | ₹ 1,72,000 |
| 22 November 2025 | ₹ 1,720 | ₹ 17.200 | ₹ 1,72,000 |
| 21 November 2025 | ₹ 1,610 | ₹ 16.100 | ₹ 1,61,000 |
| 20 November 2025 | ₹ 1,730 | ₹ 17.300 | ₹ 1,73,000 |
| 19 November 2025 | ₹ 1,730 | ₹ 17.300 | ₹ 1,73,000 |
| 18 November 2025 | ₹ 1,700 | ₹ 17.000 | ₹ 1,70,000 |
| 15 November 2025 | ₹ 1,750 | ₹ 17.500 | ₹ 1,75,000 |
| 14 November 2025 | ₹ 1,820 | ₹ 18.200 | ₹ 1,82,000 |
| 13 November 2025 | ₹ 1,820 | ₹ 18.200 | ₹ 1,82,000 |
| 12 November 2025 | ₹ 1,730 | ₹ 17.300 | ₹ 1,73,000 |
Why Silver Prices Fluctuate in Chennai
Several factors determine day-to-day silver prices in Chennai:
- International Silver Market: The international silver movements affect the markets. All things have been trading at about what would appear to be above a $15 average already, thanks to fair demand on the world market for silver right now.
- Gold Prices: If gold is pricey, small buyers and rural investors would turn to silver, which hikes local demand.
- US Federal Reserve Policies: Any increase in US interest rates could cause precious metals such as silver to fall.
- Industrial Use: As silver is widely used in electronics, medical devices, and solar panels, it is reactive to industrial demand.
- Indian Rupee vs. US Dollar: The depreciation in the rupee generally raises the cost of silver in Chennai.
- Festivals & Weddings: There is the bulk purchasing associated with cultural festivals such as Akshaya Tritiya, Diwali, and weddings.
Silver as an Investment in Chennai
Silver has been a revered store of value in Tamil Nadu for generations. Gold being expensive, silver is within the reach of middle-class families and small investors. The fact that silver serves as both an industrial and ornamental metal gives it a singular investment appeal.
Why Individuals Choose Silver in Chennai:
- Affordability: Low entry point compared to gold.
- Cultural Sentiment: Part of household puja items, gifts, and jewelry.
- Variety: Inflation and currency hedge.
- Industrial Demand: Expanding sectors such as solar power provide assured long-term demand.
Market analysts believe that although silver prices can be volatile, the long-term direction is optimistic with increasing global demand.
Where Are Silver Prices Going in Chennai?
While the global economy stays headline-risk-ridden, analysts believe silver will continue to gyrate. The US dollar going down also implies US interest rates going down too, thus leading to further upward pressure on the silver price. Or, strong US economic signals could clamp down on silver demand.
Silver rates in Chennai also depend on local KDM demand in the city, which can vary due to festivals (Navratri, Dhanteras, Diwali, New Year, and the wedding season) or industrial multinationals.
FAQs on Silver Price in Chennai
- What is the silver rate today in Chennai?
The silver rate is ₹171 per gram and ₹1,71,000 per kilogram.
- What was the highest silver price this month?
₹1,71,000 per kg on 24th November 2025.
- Is silver a good investment in Chennai?
Yes. Silver is both a cultural asset and an industrial necessity, making it a balanced investment choice.
- When is the best time to buy silver?
Festive seasons such as Akshaya Tritiya, Dhanteras, or Tamil weddings are auspicious. Financially, purchasing when prices decline is optimal.
- How much does 925 silver cost in Chennai?
The price varies with purity; 925 silver is 92.5% pure silver, priced just a little less than fine silver.
- Will silver prices rise in 2025?
Experts indicate moderate growth as a result of international demand, but volatility will persist.