Silver Prices in Andhra Pradesh See Wild Swings Over Past Few Months

The silver price in Andhra Pradesh has been volatile over the past few months. In July, it opened at ₹2,66,100 per KG on July 3rd and reached a high of ₹2,76,100 on July 4th before falling to a low of ₹2,23,900 on July 15th.

By the end of the month, the rate had settled at ₹2,39,900 per KG. Looking back at previous months, May saw a significant rise in prices, with a high of ₹3,36,100 on May 14th and a final settlement of ₹3,06,000 by the end of the month.

January was another notable month, with prices rising from ₹2,72,900 at the start to a high of ₹4,41,100 on January 30th before settling at ₹4,20,900 by the end of the month. The purity of silver is typically expressed in fineness, indicating the percentage of pure silver in an alloy.