Silver Prices Soar in Amravati, Reaching ₹2,76,100 per KG by August 22nd

The price of silver in Amravati has fluctuated significantly over the past few months. In August, the rate rose to ₹2,76,100 per KG by the 22nd, after opening at ₹2,50,900 on the 1st.

This is a significant increase from July's lowest rate of ₹2,17,900, which was recorded on the 15th. Despite this rise, silver prices fell in June and April, with the lowest rates being ₹2,13,000 and ₹2,37,900 respectively.

The purity of silver is typically expressed as fineness, indicating the percentage of pure silver in an alloy. The most common grades are fine silver (99.9% pure), sterling silver (92.5% pure), and Britannia silver (95.8% pure).