For the traditional and emotional values that Indians attach with Silver and other precious metals, it has been a sought-after commodity in the historic city of Hyderabad. The upwardly mobile middle-class population and the commercial attraction of the city make it a thriving precious metals market. Hyderabad offers a range of products in precious metals and some of the best workmanship in the country.
Silver rates in Hyderabad follow the trend of international price of silver, albeit with the addition of a few local dynamics which also affect silver prices in the city. The sales of this precious metal is not affected much even with its fast fluctuating prices throughout the year. Silver holds an incomparable value for its cultural worth and its importance in weddings and festivals in form of jewelry and ornaments.