Pune is on the ninth position among the most populated cities of India and also a major industrial hub of Maharashtra. Silver use is not only restricted to jewelry or silver ware but it is also extensively used in different industries. Silver being a precious metal makes a good option for investment as it is beneficial in hedging against inflation. Residents of Pune consume silver in good amount in different forms.
A cosmopolitan city, with a high standard of living, Pune is also home to some of the world’s biggest brands. The residents of the city have rather high disposable incomes, and consider silver as an investment in Pune to be a very attractive opportunity. Given the high incomes recorded in the city, the ever changing trend of silver rate in Pune also does not deter the residents from investing in it.