Silver Rate: ‘Inflation on the cake, I brought silver’, but now silver will not even get hands, this price was 50 years ago! – Silver Price Cross RS 1 Lakh Per KG Last 50 Years Price Price Chart Indian Market Silver Rate Tuta

‘My gift, you do kubool, forgive me forget me, because there is inflation on the cake, I brought silver …’, This song is almost three decades old. At that time, it is being said to bring silver by citing gold being expensive. But now the time has changed, now even silver is not going to come.

Actually, gold is expensive, but now there is a tremendous rise in silver prices. The price of silver has crossed Rs 100000 per kg. Gold has also reached close to 10 grams per 10 grams. But everyone is surprised by the speed with which the silver prices have increased. Not only this, silver prices are not going to stop in the coming years. Because global demand is going to increase. Along with jewelery, silver is also required in industrial use.

Now a huge rise in silver prices

Gold and silver are an excellent option for investment. This gold is called the support of crisis. But now people have more focus on silver. But now it is not possible for everyone to buy silver. For one kilo of silver, you will have to pay more than 1 lakh rupees.

Silver prices have increased significantly in the last one year. However, the price of silver has seen a lot of ups and downs in the last 50 years. The price of silver was very low in the 70s. The average price of silver in the year 1975 was around Rs 2000-2500 per kg. At that time the price of silver in the global market was around US $ 4-5 an ounce.

If you look at today’s date (19 March 2025), the price of silver in India is around Rs 1 lakh per kg. This means that the price of silver in the last 50 years has increased by about 40-50 times (Nominal Terms). However, the average inflation rate in India has been 7-8% annually in the last 50 years.

Silver price in the year 2000
In the year 2000, the average price of silver in India was around 5500 to 6000 rupees per kg.

Every year price since 2000 (estimated average)
2001: 6,000 – 6,500 rupees/kg (slight increase in prices, stability after global recession)
2002: 6,500 – Rs 7,000/kg (Light increase, improvement in industrial demand)
2003: 7,000 – Rs 7,500/kg (Effect of global economic reform)
2004: 8,000 – 9,000/kg (Commodity market starts boom)
2005: 9,500 – Rs 10,500/kg (Rift from increasing investment demand)
2006: 12,000 – 14,000/kg (Impact of Commodity Boom)
2007: 14,000 – 16,000/kg (jump in global prices)
2008: 18,000 – Rs 20,000/kg (demand as a safe investment between financial crisis)
2009: 22,000 – Rs 24,000/kg (Recovery after crisis)
2010: 27,000 – 30,000/kg (Rapid boom in silver prices)
2011: 50,000 – 55,000 rupees/kg (historical height, global investment demand at peak)
2012: 55,000 – 58,000 rupees/kg (slight fluctuations with stability)
2013: 45,000 – 50,000 rupees/kg (declining after global improvement)
2014: 40,000 – 43,000 rupees/kg (softening in prices)
2015: 35,000 – Rs 38,000/kg (weak demand and stable market)
2016: 40,000 – 42,000 rupees/kg (light recovery)
2017: 38,000 – 40,000 rupees/kg (stable market)
2018: 38,000 – 40,000 rupees/kg (minor fluctuations)
2019: 45,000 – 48,000 rupees/kg (increased global uncertainty)
2020: 60,000 – 65,000 rupees/kg (Rifts as a safe investment between epidemic)
2021: 65,000 – Rs 70,000/kg (stability at high level)
2022: 60,000 – 65,000 rupees/kg (impact of inflation and geopolitical stress)
2023: 70,000 – 75,000 rupees/kg (continuous increase)
2024: 90,000 – 95,000/kg (average estimates, high demand and global prices impact)
2025 (till March): Rs 1,00,000/kg (till 19 March 2025)

Let me tell you, silver is a precious metal, which usually increases over time. When the price of currency decreases (inflation), then property like silver protects your money.

Silver use
Silver is used extensively in electronics, solar energy (solar panel), medical equipment and other industries. There is a possibility of increase in prices due to increasing demand. It is used in circuit boards, batteries, switches and other electronic devices.

Cheaper options than gold
Silver is cheaper than gold, so that small investors can also buy it. Not only this, when stock markets or other investment are unstable, people turn to metals like silver and gold, which can increase its price. Silver is also used for currency and investment in the form of coins and bulls. Silver can be easily purchased and sold, whether coins, bars or jewelery.