r/silverindia

Today’s action was wild:
Cotton (CT) surged +34.06% 📈
PayPal (PYPL) dropped -8.22% 📉
Cotton’s explosive move suggests the commodity-led inflation trade is live, while PYPL gets punished. This divergence highlights how broad equity sentiment may be missing real macro undercurrents.
Tomorrow’s U.S. PPI data will be key to watch.
Full details: https://metricshour.com/markets
What are your thoughts? Commodity rotation starting or just a one-day spike?
#Commodities #Inflation #Stocks #Macro #Trading

Hi guys,

Previous post link 🔗

My first ever silver bar from Ajio delivered. This is my first ever over 5K order I've placed online. 11384rs/50gm.

I was a bit nervous when it got delivered. Clicked pics and video in case of getting scammed. But the whole packing by Banglore Refinery is top notch 10/10 for packaging

It's bulkier than I thought. Finally Happy that I've started my stacking. 🧿 #keepSmile

Sharing a part of my collection this is my home and I am checking on my own electronics scale just for my happiness... 😁 🧿 I did go to Malabar just now and I did get my silver and gold checked for the purity and my experience is just fine

1. On call I was guided very well and people are very polite and welcoming
2. I was able to find it out and entered happily and did it show me the counter where I can check the purity
3. There are no charges for checking the purity
4. Not very well respectful formal welcome at the counter.. He denied checking multiple biscuits because they are of same kind. I interested twice to check them all because I did shop them from different vendors... I had to Emphasis this line twice then that follow did check and did show me on the computer screen and by God's grace everything was fine and pure
5. Another person joined this counter person to have some gupshup and he genuinely asked me mam would you like to have tea coffee or water when I was just done with everything.... 😁
6. Showroom is classy lot of design when lot of space and its smells good
7. People were clean and well dressed
8. When I asked if anybody the karagir there to help me with my nose piercing which is already there but little closed in the middle that follow denied because he was scared with the past experience of some person started bleeding and he said only gun piercing is available... 😜

I do have my traditional family Jeweller and that uncle has pierced my ears when I was baby...... and he did my nose piercing also with the tiny string of gold and I think I have to go to him again to get my nose piercing back to normal.

So thanks to edit community I started collecting gold and silver in physical and by the way there is lot of love you feel lot of rich and you enjoy playing with the precious metal and ultimately you feel good so I think this is the greatest meditation you can do 😁🧿

I remember my favourite movie Andaaz Apna Apna famous comedy Bollywood movie and kind of that I am converting sum of my money into gold and silver physical where that movie had a character played by comedian Paresh Rawal who converted his lifetime earnings into the Diamonds.. ✨ ❤️ so in away I am feeling very happy 😊 🌟🧿 🌟 🧿 🌟 this is the great thing to do in life and if you are new I welcome all new beast join our feel good journey 🙏🏻

Love ♥️ Happiness joy and happiness Abundance and happiness 🧿 😁 😁 🙏🏻✨🎊

26M here, I've been trying to start buying my first ever physical silver since so long. Seeing you guys buying the dips and adding bullions forced me to kickstart.

Saw in Ajio 2666rs/10gm Bar or Coin.

Then checked 50gm listed for 12384rs. Used coupon code and bank offer and bagged it for 11384rs. Waiting for it to get delivered

Is the deal worth it??

Thank you guys for motivating me to buy.

I bought 400g silver bars for 96k today

Finally got canada maple silver coin

Expensive due to vat etc as friend got this from United Kingdom

And we don’t get it in India apart from coinbazzar which are way too expensive

£86 with premium vat etc (10.5k-11k)

Note: purchased this last month when price were high silver prices went down recently the coin is £10 less now

4 kgs , 224000/kg

I was waiting for the price to fall. And came a buying opportunity for me!

Bought on Flipkart. Displayed price was 24118₹.

After discount I got it for 23084₹ or 230.84/gm (1034₹ CC Discount).

Last purchase was at 256/gm on 16 June.

If it fall more, I will buy more. Where do you think is silver heading?

Purchased on wednesday

Ajio 58735

235/g

It went down 2k the next day but was not able to cancel this order hence kept

I bought this silver bar for 25277 from local jewellery shop at 10rs per gram making charges.

Why i bought from local jewellery shop when I could’ve got it for cheaper?

I wanted to experience purchasing silver for the first time and my investment horizon is 10+ years so it will be profitable perhaps.

My questions-

1. What is the difference bw MCX and physical silver rate? I went to another jewellery shot and they asked 3000 for 10g coin. When i showed them live rates from all india bullion app they said its MCX rates, not for physical silver.

2. If we consider long term investment(10+ years), was this purchase worth it?

3. How to know the actual offline market rate for silver and gold?

Are you buying the dip?

I am out of money now 😐