Silver Purchase News: Do you also buy silver, or are thinking of buying it? So be careful, lest you too become a victim of fraud. Because according to a recently released survey, in the last five years, more than 30 percent customers have become victims of fraud or fraud while buying silver. This figure shows how much transparency there is in the market and at the same time also instructs customers to be careful.

hallmarking on silver
This survey has also revealed that 93 percent people have supported making hallmarking mandatory on silver items. So that he and many other people like him do not become victims of fraud. After which the government has also started hallmarking of silver jewelery and accessories, which has been linked to a digital identification system. This system came into effect from September 1, 2025, so that the purity of the goods can be known. Let us tell you that through hallmarking, an official seal or mark is put on the purity of gold or silver.

It is also mentioned in this report that, ‘According to some official updates, customers will also be able to verify many important information like article type, purity, date of hallmark, information of testing center and jeweler’s registration number through BIS Care mobile app.’

3 out of 10 people are victims of fraud
About 8 percent of the people included in this survey said that they were cheated once while buying silver. Whereas 42 percent people have not complained of any kind of fraud. Whereas 27 percent people did not say anything clearly about this. This means that almost 3 out of every 10 people get cheated or cheated while buying silver.

This survey shows how cautious we should be while buying gold or silver, so that the customer does not become a victim of any kind of fraud. Every consumer should buy silver from a trusted or certified jeweler and should also be aware of it before going.

Akshaya Tritiya is on 19th April 2026, buying gold and silver on this special occasion is considered auspicious. This is such an occasion when gold and silver traders have only silver. However, looking at the rise in the prices of gold and silver, it seems that the market may remain stable. But still this is also a religious belief, so people buy some small things only for good omen. But what are you preferring to buy this time? Let us tell you what kind of gold women are preferring to buy at this time.

The focus is on design
This time the entire focus of the buyers is on design, in view of the rise in prices, small jewelery is being preferred over heavy jewellery. This time the entire focus is on design, so that women can get good and beautiful designs at low prices. Women are looking for designs that can be worn every day. So many people are also liking gold coins. At the same time, care is also being taken to ensure that it gets good resale value.

Minimal preferences of young buyers
There has been an increase in the number of young buyers who are liking minimalist and small designs. Anyway, considering the prices of gold, no one is buying huge designs. Small, minimal and trendy pieces are being searched for daily use.

Investing in diamonds
According to the Money Control report, now diamonds are being bought not only for decoration but also for investment. People are now using certified natural diamonds not only for wearing, but are also looking at it from the value point of view. Due to which, along with gold and silver, demand for diamonds is also being seen on this auspicious occasion.

The market is changing through thoughtful purchasing.
At the same time, shopkeepers believe that now buyers are not buying traditional jewelery only to keep it. Rather, they are liking such things which can also be worn. In such a situation, it is being considered a smart way of shopping. Due to which changes are also taking place in the market. Young buyers are doing this more, who are buying gold thoughtfully as per today’s times while connecting it with tradition.

Loan from Silver-Gold Jewellery: Financial emergency is something that can happen at any time. In such a situation, not everyone is ready for this. After which the first and last option left for the people is to mortgage or sell the gold or silver they have. No one wants to do this, but if any problem arises and you have to do this, then you must know some important things before doing so, so that you do not have to face problems in the future or while taking a loan.

How much money will you get by pledging silver?

If you want to pledge your silver in case of any problem, then it is important for you to know that you will not get 100% loan on pledging the silver. For example, if you have pledged silver worth Rs 50 thousand, then you will not get a loan of Rs 50 thousand, but the loan amount can be 75 to 85 percent of the value. This is because the bank or the loan giver has to keep the loan amount with itself as security.

take care of these things

• Silver jewelery and coins can be easily mortgaged. Because it is easy to measure their purity and along with this their price is also good.
• Many times the bank does not accept silver utensils and decorative items. Their value is estimated to be very low, so be careful if you are thinking of mortgaging them.
• Before pledging silver, also keep in mind that if any workmanship has been done in your jewellery, utensils or any item, then it will not have any value. The bank has nothing to do with the design or making charges, they are only concerned with the purity of the silver.

quality vs quantity

If you are thinking that by pledging more quantity of silver you will get more loan, then it is not so at all. Actually, banks focus more on the quality of silver than the quantity. Apart from this, the price of silver is per gram, so to take a large amount you will have to pledge a large amount of silver. Apart from this, every bank also has its own criteria, how much silver they will accept from a person depends on them only.

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Silver Prices: There was a huge fall in the price of silver on Thursday. During trading on MCX (Multi-Commodity Exchange), the price of silver fell by Rs 10,000 per kg. With this, the price of silver for delivery on March 5, 2026 on MCX fell from Rs 2,50,605 per kg to Rs 2,40,605 per kg.

This fall in silver prices came after reaching a record high of $ 83.60 per ounce in December. This huge fall in the price of silver worried investors and also created instability in the precious metals market. Now the question comes whether the prices of silver will fall further in the coming time or remain stable or increase again?

Will the price go down further?

According to ET report, HSBC has updated its outlook for silver, predicting a gradual decline in prices in the coming years. However, in the meantime the average price estimate for the year 2026 has been increased to $ 68.25 per ounce. HSBC estimates that silver prices will fall to $57.00 an ounce in 2027 and $47.00 an ounce by 2029.

Explaining the reason for the low price of silver, the bank said that there has been a decline in demand in the industry and apart from this, a large number of jewelery buyers are also withdrawing because the prices are very high. The bank also said that there was a huge decline in silver demand by 230 million ounces in 2025. It will decline to 140 million ounces in 2026 and only 59 million ounces in 2027.

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Silver Effect On Zodiac Signs: In Hindu religion, there is a tradition of wearing metal items made of gold, silver or iron and every metal is related to some planet. According to astrology, the metal of gold is related to the planet Jupiter, while silver is ruled by the Moon and iron is considered to be related to Lord Shani.

But there are 3 zodiac signs which should stay away from silver jewellery, otherwise they may have to face money related problems. Let us know which are those zodiac signs.

Silver is inauspicious for these zodiac signs

According to Vedic astrology, Aries, Sagittarius and Leo are signs of fire element and Moon is related to water element. Because of which people of these zodiac signs should not wear silver or jewelery made from it. Because both are elements opposed to each other.

But if they still wear ornaments or jewelery made from it, then their health may be affected, otherwise loss of money You may also have to face a similar problem.

Wearing silver is beneficial for these three zodiac signs

In astrology, the zodiac signs which should wear silver are Cancer, Scorpio and Pisces. These zodiac signs are signs of water element and silver is also related to water element. Because of which wearing silver is considered very auspicious for people of these zodiac signs.

Wearing silver for these zodiac signs will bring happiness and prosperity in life. residence While this happens, it also helps in strengthening Venus. With this the blessings of Goddess Lakshmi remain intact. It is also believed that using silver utensils at home helps in maintaining love in married life and also pleases the planet Venus.

Disclaimer: The information provided here is based only on assumptions and information. It is important to mention here that ABPLive.com Does not imply any endorsement or verification of information. Before implementing any information or belief, consult the concerned expert.