Silver Price Rises Sharply in Karnataka as August Sees Highest Rate
The silver price in Karnataka for August 2026 has been steadily rising. On August 1st, it started at ₹2,46,900 per kilogram (KG), but by August 12th, it had reached its highest point at ₹2,67,100. This represents a significant increase of ₹20,200 over the course of the month.
The trend for silver prices in Karnataka is showing mixed results across various months this year. In May, the price was rising with a 44,100 rupee increase, while in June and July it fell by ₹49,000 and ₹19,200 respectively. The overall performance of silver prices in August has been positive.
The purity of silver is typically expressed as fineness, indicating the percentage of pure silver in an alloy. For example, 999 fineness means 999 parts out of 1000 are pure silver. Different types of silver include fine silver (99.9% pure), sterling silver (92.5% pure), and coin silver (90% pure).