Nagapattinam Silver Prices Rise to ₹2,67,900 in September
The month of September saw an upward trend in silver prices in Nagapattinam, according to recent data. The highest rate recorded was ₹2,67,900 per kilogram (KG) on September 2nd, while the lowest was ₹2,59,900 on September 1st. This represents a rise from August's opening price of ₹2,52,900.
Looking at historical data, silver prices have fluctuated significantly over the past few months. In July, prices fell to ₹2,39,900 by the end of the month, while in June they reached as high as ₹3,02,900 before dipping to ₹2,49,900. May saw a rise to ₹3,03,000, with April and March experiencing declines.
The purity of silver is typically expressed in fineness, indicating the percentage of pure silver in an alloy. For example, 999 fineness means 999 parts out of 1000 are pure silver. Various types of silver exist, including fine silver (99.9% pure), sterling silver (92.5% pure), Britannia silver (95.8% pure), and coin silver (90% pure).