Silver prices in Chennai steady at ₹300 per gram

Silver prices in Chennai remained steady today, with the metal trading at ₹300 per gram. Local rates reflect multiple factors including taxes, global prices, and investment shifts. Traders said higher duties on gold often divert rural investors toward silver as a hedge. Internationally, silver near $15 per ounce has supported sentiment, helping keep Chennai prices firm amid consistent demand across markets today and local buying.