Silver Prices Surge in Rajahmundry
The price of silver in Rajahmundry has been on an upward trend in August 2026. According to historical data, the price opened at ₹2,52,900 per KG on August 1st and rose to a high of ₹2,73,100 on August 12th before settling at ₹2,72,900 by August 13th. This marks a significant increase from July's closing rate of ₹2,39,900.
Looking back at the past few months, we see that May was a rising month for silver prices in Rajahmundry, with the price increasing to ₹3,06,000 by the end of the month. However, June and July saw a decline in prices, with June closing at ₹2,49,900 and July at ₹2,39,900.
The purity of silver 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. This can impact the price of silver, with finer quality silver being more expensive.