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Silver Rate Today in Arunachal Pradesh
silver rate in Arunachal Pradesh

10gm:
₹915.00
+0.88(0.00%)
1kg:
₹91,500.00
+880(0.00%)

Last updated on: 22nd Nov 2024

Arunachal Pradesh is the largest eastern state of India. It is the first Indian land to welcome the sunlight on its green hilly terrain. The developing state fosters textile, agricultural and forest-based industries. It houses various tribes and their intrinsic culture. 

The tribal people of Arunachal Pradesh are known for their art & craft too. They're fond of making and wearing a lot of jewellery along with other artefacts like smoking pipes, idols, nutcrackers, etc. The three essentials of a tribal community are:

  • Coin-laden belts for men
  • Ear plugs for women
  • Smoking pipes for all

It is for this purpose that the state has supple demand for silver and at times for gold throughout the year.

Silver Rate Comparison

How Does GST Impact Silver Rates in Arunachal Pradesh?

The purchase of silver in any form is charged with Goods & Service Tax (GST) of 3%. An additional 3% tax is also charged on the import of silver. The jewellers are charged with 5% tax as making charges.

The introduction of GST has regulated the sales of Silver in Arunachal Pradesh. A lot of free trade agreements can be easily done with nations that export silver. Nevertheless, it is optimal to not further increase the GST rates and jewellery-associated rates to keep the silver demands intact.

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Silver rates as per grams in Arunachal Pradesh

GramYesterdayToday
1 gram
₹90.62
-0.50 (0.55%)
₹91.50
+0.88 (0.96%)
8 grams
₹724.96
-4 (0.55%)
₹732.00
+7.04 (0.96%)
10 grams
₹906.20
-5 (0.55%)
₹915.00
+8.80 (0.96%)
100 grams
₹9,062.00
-50 (0.55%)
₹9,150.00
+88 (0.96%)
1kg
₹90,620.00
-500 (0.55%)
₹91,500.00
+880 (0.96%)

Investment Options for Silver in Arunachal Pradesh

Silver is a precious metal that is often bought and sold on commodity markets and can be considered as an alternative investment option inArunachal Pradesh. The price of silver can fluctuate based on a variety of factors, such as supply and demand, interest rates, and global economic conditions. In Arunachal Pradesh, the price of silver is often quoted in Indian Rupees (INR) per kilogram.

Investors in Arunachal Pradesh may choose to invest in silver through a variety of means such as buying physical silver, buying silver ETFs or investing in silver mining stocks.

  • Physical Silver: Investors can buy physical silver in the form of bars, coins, or jewelry and hold it as a store of value. One advantage of buying physical silver is that investors can hold it directly in their possession, giving them control over their investment. However, physical silver also involves certain costs like, storage and insurance, and also it's not easy to liquidate it quickly.

  • Silver ETFs: An ETF is an investment fund that is traded on stock exchanges, like shares. ETFs that track silver allow investors to invest in silver without actually owning the physical metal. These ETFs can be bought and sold just like stocks and are considered to be more liquid and easier to trade than physical silver.

  • Silver Mining Stocks: Investing in silver mining stocks is another way to gain exposure to the silver market. When an investor buys shares of a silver mining company, they are buying a stake in the company's assets and profits. However, this type of investment carries more risk than investing in physical silver or ETFs as the performance of the company, management and also the mining conditions can affect the stock's performance.

When it comes to investing in silver, it is important to be aware that the price of silver can be volatile and may fluctuate based on various factors such as economic conditions, supply, and demand. Before making any investment decisions, it is always wise to consult with a financial advisor and also do research to gain a better understanding of the market conditions and the potential risks and returns associated with investing in silver.

Historical Silver Rate in Arunachal Pradesh for Last 10 Days

10 grams
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Day Silver
22 Nov 2024
₹915.00
+8.80 (0.00%)
21 Nov 2024
₹906.20
-5 (0.00%)
20 Nov 2024
₹911.20
-3.10 (0.00%)
19 Nov 2024
₹914.30
+3.40 (0.00%)
18 Nov 2024
₹910.90
+17.40 (0.00%)
15 Nov 2024
₹893.50
+7.40 (0.00%)
14 Nov 2024
₹886.10
-18.60 (0.00%)
13 Nov 2024
₹904.70
-0.10 (0.00%)
11 Nov 2024
₹904.80
-23.10 (0.00%)
08 Nov 2024
₹927.90
+16.90 (0.00%)
Day Silver
22 Nov 2024
₹915.00
+8.80 (0.00%)
21 Nov 2024
₹906.20
-5 (0.00%)
20 Nov 2024
₹911.20
-3.10 (0.00%)
19 Nov 2024
₹914.30
+3.40 (0.00%)
18 Nov 2024
₹910.90
+17.40 (0.00%)
15 Nov 2024
₹893.50
+7.40 (0.00%)
14 Nov 2024
₹886.10
-18.60 (0.00%)
13 Nov 2024
₹904.70
-0.10 (0.00%)
11 Nov 2024
₹904.80
-23.10 (0.00%)
08 Nov 2024
₹927.90
+16.90 (0.00%)
Day Silver
22 Nov 2024
₹915.00
+8.80 (0.00%)
21 Nov 2024
₹906.20
-5 (0.00%)
20 Nov 2024
₹911.20
-3.10 (0.00%)
19 Nov 2024
₹914.30
+3.40 (0.00%)
18 Nov 2024
₹910.90
+17.40 (0.00%)
15 Nov 2024
₹893.50
+7.40 (0.00%)
14 Nov 2024
₹886.10
-18.60 (0.00%)
13 Nov 2024
₹904.70
-0.10 (0.00%)
11 Nov 2024
₹904.80
-23.10 (0.00%)
08 Nov 2024
₹927.90
+16.90 (0.00%)
Day Silver
22 Nov 2024
₹915.00
+8.80 (0.00%)
21 Nov 2024
₹906.20
-5 (0.00%)
20 Nov 2024
₹911.20
-3.10 (0.00%)
19 Nov 2024
₹914.30
+3.40 (0.00%)
18 Nov 2024
₹910.90
+17.40 (0.00%)
15 Nov 2024
₹893.50
+7.40 (0.00%)
14 Nov 2024
₹886.10
-18.60 (0.00%)
13 Nov 2024
₹904.70
-0.10 (0.00%)
11 Nov 2024
₹904.80
-23.10 (0.00%)
08 Nov 2024
₹927.90
+16.90 (0.00%)
Day Silver
22 Nov 2024
₹915.00
+8.80 (0.00%)
21 Nov 2024
₹906.20
-5 (0.00%)
20 Nov 2024
₹911.20
-3.10 (0.00%)
19 Nov 2024
₹914.30
+3.40 (0.00%)
18 Nov 2024
₹910.90
+17.40 (0.00%)
15 Nov 2024
₹893.50
+7.40 (0.00%)
14 Nov 2024
₹886.10
-18.60 (0.00%)
13 Nov 2024
₹904.70
-0.10 (0.00%)
11 Nov 2024
₹904.80
-23.10 (0.00%)
08 Nov 2024
₹927.90
+16.90 (0.00%)

Things to Remember Before Buying Silver Jewellery in Arunachal Pradesh?

When buying silver jewelry in Arunachal Pradesh, it's important to keep the following things in mind:

  • Quality: Make sure to only buy silver jewelry from reputable jewelers who use high-quality silver. Ask to see the purity certification for the silver, and ensure that it is hallmarked by the Bureau of Indian Standards (BIS).

  • Design: While buying silver jewelery also consider the design of the jewelry. Check for the intricate details and craftsmanship of the piece.

  • Price: Compare prices from multiple jewelers to ensure you are getting a fair price for the piece. Be aware of any additional charges, such as import duties or GST, that may affect the final price.

  • Hallmarking: Always check the authenticity of Hallmarking on your silver jewelry, it gives you the assurance of the purity of silver.

  • Returns and exchanges: Find out if the jeweler has a return or exchange policy, just in case the piece doesn't meet your expectations.

  • Purpose: Think about why you are buying the silver jewelry, is it for personal use or as a gift. Also, consider if it's something you can wear often, and it would look good with your existing collection of jewelry.

  • Aftercare: Ask about the jeweler's recommendations for cleaning and maintaining your silver jewelry, to ensure it remains in good condition.

Interesting Facts about Silver Rates in Arunachal Pradesh

The art of jewellery making is a major bulk of the state's cottage industry. The tribal ornaments made by people here are renowned all over the world. A lot of natural materials like beads, reeds, colourful bird feathers, cane, bamboo, etc. are used to make bangles, necklaces, earrings and other jewellery.

Silver is extensively used to make artistic and intricate tribal ornaments and household items, using the conventional wax moulding technique. Silver coins are also used to make belts. Kids and women are adorned with silver headbands, bodkins, unique earplugs and hoops for the neck. However, the new generation has moved to wearing more modern and simpler jewellery available at stores, putting traditional art's existence in jeopardy. They also prefer investing in Silver Bonds and ETFs, that is, contract or paper-based silver.

Thus, owing to the needs of localities, the demand for silver for making jewellery increases during tribal festivals and in the harvest season. On contrary, the silver demand for investment purposes is marginally stable throughout the year due to the budding economy and enhanced standard of living.

FAQs of Silver Rate in Arunachal Pradesh

How is the purity of silver measured?

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Just like the purity of gold is measured in carats, the purity of silver is measured in fineness. This denotes the proportion of silver present per 1000 g of metal. For example, 999 means the metal contains 99.9% silver with traces of impurities. Similarly, 925 means the metal contains 92.5% silver and 7.5% of copper or other metals in it. Different silver qualities are priced at different rates. It is a safer option to buy hallmarked jewellery that ensures the right pay for the quality of silver you purchase.

Is hallmarking of silver jewellery mandatory?

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How is the silver jewellery price calculated?

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Where to buy silver in Arunachal Pradesh?

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What is Silver Contract or Paper Silver or Silver ETF?

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How to opt for Silver ETFs listed on the US market?

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Disclaimer: Wint Wealth makes no guarantee or warranty on the accuracy of the data provided on this site, the prevailing rates are subject to change with market value and are provided on an as-is basis. Wint Wealth has no commercial interest or gain in or from the actions resulting from the information displayed on this page. Nothing contained herein is intended to or shall be deemed to be investment advice, implied or otherwise. You are advised to make your own enquiries, consult a professional advisor and verify the information prior to taking any investment decisions. We accept no liability for any loss arising from the use of the data contained on this website.