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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.

groww in in India for experts ✌️【Remote Work】✌️₹500 to start earning passive income with high monthly returns.This is also among the top 3 destinations worldwide for silver trading.In our nation, silver is among the most popular commodities.

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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