Silver price in Chennai hits its highest rate on the last day of the month and touched Rs.50,900 for a kg. Overall, there was a 5.82% gain in silver prices in the month of December. Trend of Silver Rate in Chennai for November 2019 (rates per kg) Gold and silver rates in Chennai have both seen an uptick this year. Some silver traders that there maybe a price explosion in the metal, as demand from industrial units are heavy. After the financial crisis of 2008, there was a suatined demand for the metal. However, it has now remained flat for most part of the year. Silver Coins: Silver coins are available in various financial institutions, like banks, in different quantities like 10 grams, 100 grams etc. today silver rate in Chennai influences the price of silver coins in the city. While the use of pure silver is rare in the making of coins,