Silver Rates in Odisha

The silver price in Odisha depends on many physical, economic and geopolitical factors, which cause it to fluctuate. This white metal forms an important part of many Indian religious ceremonies and traditions. It is also used for crafting jewellery and electronics. 

Moreover, it is a relatively stable investment option that provides a hedge against inflation. So, buying or investing in silver can help mitigate the risk of uncertain market conditions. Before purchasing silver, you must monitor the silver rate in Odisha and decide accordingly.

See the table below to understand the silver price in Odisha today and yesterday. 

Disclaimer: The rates mentioned above are subject to change as per market conditions

Here is a quick overview of the silver rates in Odisha for the last 10 days. 

Disclaimer: The rates mentioned above are subject to change as per market conditions

Here are some key factors that affect the silver rate in Odisha: 

• Government policies, such as taxation, GST, transportation laws and international trades

• Inflation

• The increase or decrease in the demand-supply ratio

• Any recent technological boom

• Position of the dollar in the international market 

• Price of gold 

• Purity level of the metal

• The mining and labour costs, petrol prices, and taxation rates