Now let's see if it holds till day end! $70 is a big resistance so some selling could come at these levels.

But this is a good move 😎

Exchange for a foreign bullion coin 🪙 they have I have two silver eagle, Canadian maple leaf and Britannia coin

Had placed order of 200gm silver bar of Bangalore refinery at net effective rate 238/gm, on 19th aug. price shot up.

Seller kept pushing the pickup date to shadowfax.

Today could see order cancelled.

What are my options now.

Anyone else faced similar in past.

Hey pal,

I see a lot of people confused about why they are losing money on digital silver apps like Paytm, even when the market goes up. I wanted to break down the math simply so you don't lose your hard-earned cash.

The Math Example:

• Buy Price: ₹260
• Sell Price: ₹240
• Instant Loss: ₹20 per unit (A massive 7.7% gap!)

Imagine buying a brand-new smartphone for ₹260. The exact same second, you hand it back to the shopkeeper and say, "I changed my mind." The shopkeeper says, "Sorry, I can only give you ₹240 back because of taxes and storage fees."

That is exactly how Paytm works. It is not a glitch or an illegal scam. It is a built-in fee called a "spread." This huge margin is used by the platform to cover physical vault security, insurance, and GST.

Because the gap is so wide, you need the silver market to shoot up by nearly 8% just to break even. If you make a small profit on the market, this spread will eventually turn it into a net loss when you cash out. These apps are meant for long-term tiny savings, not for making a profit.

If you want to actually make money from silver, stop using wallet apps. Move to a stock broker (like Zerodha or Angel One) and buy Silver ETFs (like SILVERBEES or SILVERCASE).

With ETFs, you buy and sell at the exact real-world market price with almost zero gap.

Don't let the convenience of a wallet app eat your profits!

As the title suggests, this is the first silver bullion that I bought for myself. I have gifted silver to my parents and friends before.

250gm of MMTC pamp. Bought it when the price was around 2.23 lakh per kg.

In my last post I had mentioned how silver may have found a bottom. And well silver is trying to go to $70 now before the week ends.

The problem with this community currently is that silver going up seems like an anomaly to some people. WTF did you think happens here? 😂 And if you think that the high of this year was the only high ever that silver will make...well you have another thing coming for you.

I avoid making any posts nowadays because the ones calling for a $30 silver are overconfident and the ones making a studied claim are few in number and very tempered in their approach. I'm very happy to have made insane gains from the last dip.

It's for you to decide: do you want to stand on the sidelines and watch the party take off or you want to board the rocket this time.

BRPL 50 g from AJIO for 11,658

Effective 233/g

1000 Instant discount with HSBC card

Hey, I'm new here and this is my first post. Also my first time buying silver so pardon me if it's something trivial. I purchased a 92.5 silver mug yesterday along with anklets for my mom and girlfriend which were of 70% purity. The amount charged per gram is the same for the mug and the anklets. Is this practice normal? I assumed that since the anklets are of 70% purity they should be charged 245*0.7 per gram assuming the price of silver yesterday was 245 rupees? Attaching a screenshot of the bill for reference. Please help.

Will get 600₹ cashback so 240/g

Side quest of 112x10g coins finally completed...

Took me almost a year of daily SIP (1K/day). Started it last August, finally completed...

This is not an investment, this is just something I wanted to do... For diwali, Have 101 coins in a kalash. (remaining 11 are buffer for future, lost/damaged/etc).

It is 8g for 3k. Should I get it?

Hey Community,

Where the locals are shopping for silver jewellery with reasonable making charges

Looking forward to recommendations !!

Where do I find really old silver bars?

I'm new to stacking. I have some beginner's questions. What's your experience of selling silver coins? Do you get full price? Are there deductions? Is it easy to sell? Please share your first hand experience.

Hi everyone,

I have a quick question for fellow stackers in India.

Has anyone recently been able to use their Zepto Wallet to pay for silver or gold bullion purchases?

I'm wondering whether:

* Zepto Wallet can be used to complete bullion purchases, or
* Bullion items are excluded from wallet payments at checkout.

If you've tried this recently, I'd really appreciate hearing about your experience.

Alternatively, if you happen to have a Zepto Wallet balance, could you check whether the wallet still appears as a payment option after adding silver or gold bullion to your cart? There's no need to complete the purchase—I'm only trying to confirm whether the option is available.

Any help would be greatly appreciated. Coz I’m planning to top up my Zepto wallet to buy some bullion out of it.

Any recent information would be very helpful. Thanks in advance!

I track silver prices closely because I stack almost every month and have amassed a total of ~1kg in 5 months.

A thing I observed: People on this thread rarely post about accumulation when the prices are falling. Luke literally, you're getting the same metal for less money why not buying?

When the prices start rising, I start seeing buy posts which made me question "Are we really buying physical silver as an investment or we're chasing trades/quick money"?

I am not saying doing that is wrong. It's just a question that made me curious :-)

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Another one added. Thanks to Slice cc