Today’s Silver Rate in Kashmir

Silver in the valley has been used for many centuries and is considered to apart of family legacy which is passed down from generation to generation. Being affordable yet vital one makes Silver ideal investment destination for individuals. The concept of silver of silver trading at MCX and other markets is gaining popularity with the youths who are about to begin their investment journey and providing them a superb prospect to invest in a time tested metal. The high demand of silver with limited resources makes the investment a smart and versatile one

Physical Silver – Silver in mostly purchased in Kashmir as jewellery, coins or bars, Silver ware, decorative items. All these items are sold over the counter at the local jewellers present across the state. The physical procurement of silver serves dual purposes of acting as a utility element and a long term investment. Silver Coins or bars can be purchase from the commercial banks and jewellers, as well. The silver purchased from banks is generally expensive, however comes with quality assurance and purity certificates. The Investment in silver can be hedged or sold for immediate cash, making them ideal during financial emergencies.

Silver Contracts – Even though the concept of Silver commodity is in its infancy, silver contracts and futures are gaining popularity with the youth as a modern way to invest in this precious metal. The option of commodity trading of silver has certain element of risk attached however indepth knowledge about how markets function can prove to be a huge advantage.