Punjab Silver Price Rises in August, Sets New Monthly Rate
The silver price trend in Punjab for August 2026 saw a rising performance. The month opened at ₹2,46,900 per KG on August 1st and fluctuated to a high of ₹2,72,100 and a low of ₹2,28,900. By the end of the month, the rate settled at ₹2,66,900 per KG.
Comparing this with July's trend, which had a falling performance, August showed an increase in price. In contrast to July's highest rate of ₹2,46,900 on July 13th and lowest rate of ₹2,28,900 on July 15th, August's highest rate was higher but its lowest rate was lower.
Silver purity is typically expressed in fineness, with 999 fineness indicating 99.9% pure silver content. The most common grades used in jewellery and household items are sterling silver (92.5% Pure) and Britannia silver (95.8% Pure).