Silver rates in Hyderabad drop to lowest since October

Silver prices in Hyderabad fell to a one-month low on Wednesday, trading at Rs 97,900 per kilogram.

This marks a marginal drop of Rs 100 from the previous day’s rate of Rs 98,000 per kilogram and shows a significant downward trend from earlier this month, when the



rates hovered above Rs 1,00,000 per kilogram.

Data from the last 10 days reveals that silver prices remained steady at Rs 1,01,000 per kilogram from November 20-24, before witnessing a sharp decline of Rs 500 on November 25 and a more substantial Rs 2,500 drop on November 26.