Sterling Silver Price Calculator – Gujarat

Sterling Silver Price Calculator – Gujarat

Here’s a comprehensive table with key information about Sterling Silver prices in Gujarat:

AspectDetails
Current Price (17 Nov 2024)₹90,000 per kg1
Price per 100 grams₹9,0001
Price per 10 grams₹9001
Price TrendStable (no change from yesterday)1
Purity92.5% silver, 7.5% copper4
Market OutlookProjected CAGR of 22% during 2023-20292
Factors Driving DemandJewelry, coins, industrial applications, electronics2
Popular FormsJewelry, coins, bars, household products4
Trading PlatformsMCX, NCDEX2
Minimum PurchaseCoins available from 1 gram4
Price VolatilitySubject to daily fluctuations4
Investment PotentialConsidered a viable investment option4
Market CompetitivenessHighly competitive (HHI of 1093 in 2023)2
Regulatory BodiesSEBI, RBI2
Purchasing OptionsJewelers, banks, certified e-commerce dealers4

This table provides a comprehensive overview of Sterling Silver prices and related information for Gujarat. The market shows stability in current prices with a positive growth outlook for the coming years. Sterling Silver remains a popular choice for both investment and industrial applications in the region.

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