Silver Price Jumps to ₹2,62,000 in Ludhiana Amid Market Volatility

The price of silver in Ludhiana has shown significant fluctuations over the past few months. In August, the rate started at ₹2,46,900 per KG on August 1st and rose to a high of ₹2,67,100 on August 12th before settling at ₹2,62,000 by August 16th.

Contrary to July's falling trend, where the price dropped from ₹2,46,900 on July 13th to ₹2,39,900 on July 31st, August saw an upward trend. The overall performance for August was rising, with a change of ₹15,100.

The silver rate in Ludhiana also experienced varying trends throughout the year. In May, it rose from ₹2,49,900 on May 1st to ₹3,10,100 on May 14th before dropping to ₹2,80,000 by May 31st. This rise was attributed to market volatility.