🇮🇳 Silver Rate in Chennai
Live Market Updates • International Standards • Hancerz Certified
Market Rates Today
| Unit / Weight | 24K (Pure) | 22K (Jewelry) | 21K | 18K |
|---|
Calculate Value
90-Day Trend
90-Day Price History
| Date | Tola (24K) | 10 Grams | Ounce |
|---|
Comprehensive Silver Market Analysis for Chennai, India (February 19, 2026)
Welcome to the official Hancerz market report for Chennai. As of today, February 19, 2026, the silver market in India is showing dynamic activity. Our data is synchronized with the international spot rates and adjusted for the local Sarafa Bazar in Chennai.
Factors Influencing Silver Rates in India
Several key factors determine the daily rates you see in Chennai:
- International Spot Price: The global trading price of silver (XAU/XAG) affects local rates immediately.
- Currency Fluctuations: Changes in the INR exchange rate against the US Dollar play a major role.
- Local Demand & Supply: Seasonal demand (weddings, festivals) in Chennai can add a premium to the rate.
- Import Duties: Government taxes and import regulations in India directly impact the final consumer price.
Investment Guide for Chennai Residents
Residents of Chennai often track the Silver rate in INR to make informed investment decisions. Whether you are buying investment-grade bars (24K) or jewelry (22K/21K), transparency is key. Hancerz recommends checking the purity certification before any purchase.
Frequently Asked Questions
What is the live Silver rate in Chennai today?
The current rate in INR is displayed at the top of this page, updated live for the Chennai region.
Is the rate the same across all of India?
While the base rate is standard, slight variations may exist between cities like Chennai and others due to local transportation and dealer premiums.
What is the difference between 24K and 22K Silver?
24K is 99.9% pure silver, ideal for investment in biscuits/bars. 22K is 91.6% pure, mixed with other metals for durability, making it perfect for jewelry.