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Provide paid career advice and coaching ✌️【Remote Work】✌️Achieve up to 100% returns with ₹500. Start investing now for a brighter financial future!On the Bay of Bengal in eastern India, Chennai is the capital of the state of Tamil Nadu (TN).
In Chennai (like other cosmopolitan cities like Mumbai or Delhi), the rate of silver is a reflection of the international silver rate.
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In India, this "not so precious metal" is traded mainly on the MCX or Multi-Commodity Exchange.
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However, its production in the country is minimal.
Hence, most of the internal demand has to be met through imports.
In Chennai, for buyers, silver has emerged not only as a metal for jewellery but also as a safe bet for savings in the short and long run.
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