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  2. Jan 2, 2022 · The price of silver is determined by international prices and currency movement, that is, the rupee vs the dollar. If the value of the rupee falls against the dollar, silver will become more expensive.

  3. Sep 3, 2022 · If the Rupee falls against the Dollar and international prices remain stable, silver will become more expensive. The price of silver has been on a rise since September 1, 2022. The price...

  4. Other then that it also depends on currency movement of the rupee against the dollar. If the rupee falls against the dollar and international prices remain stable, silver will become more...

    • Rs.87,100
    • Rs.88,500 on August 27
    • Rs.87,000
    • Rs.81,500 on August 8
  5. The weakening of the Indian rupee against the US dollar has also played a role in driving up the price of silver in India. Since silver is priced in US dollars on the international...

  6. Apr 23, 2024 · “If the rupee falls against the dollar and international prices remain stable, silver will become more expensive”. According to Reuters, spot silver fell about 1 percent to $26.92 per ounce on Tuesday. Earlier this year, Indian prime minister Narendra Modi and UAE president Mohammed bin Zayed Al Nahyan signed a bilateral investment treaty.

    • Technology Editor
    • AGBI
  7. 2 days ago · The rate at which silver is sold also depends on the currency movement of the Indian Rupee against the U.S. Dollar. If the Rupee falls against the Dollar, and the international prices are stable, then silver will be more expensive in India.

  8. Sep 27, 2022 · Since July 2022, the rupee has been oscillating between 79-80, protected by the Reserve Bank of India (RBI) while importers, oil companies and the government remained buyers at lower levels. However, the dollar index has been rising from 104.30 levels as Euro, GBP and JPY fell to their near 20-year lows.