Silver Price in Latur Sees Significant Rise in August
The silver price in Latur for August has been steadily rising, with the highest rate recorded on August 6th at ₹2,56,100 per kilogram (kg). This is a significant increase from the lowest rate of ₹2,17,900 per kg observed on August 5th. In comparison to July, the silver price in Latur saw a decline, falling from ₹2,63,100 per kg on July 3rd to ₹2,39,900 per kg by July 31st.
The monthly trend for silver prices in Latur shows that April and May were the months with rising trends, while June and July saw a falling trend. The highest rate recorded in August was ₹2,56,100 per kg on August 6th, while the lowest rate observed was ₹2,17,900 per kg on August 5th.
Silver purity 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. The most common grades used in jewelry and household items are fine silver (99.9% Pure), sterling silver (92.5% Pure), and Britannia Silver (95.8% Pure).