Business News Desk!! Silver and its ornaments are as popular in India as gold and its ornaments. Gold and silver are used in abundance in India. Silver is a shiny metal, it is very cheap as compared to gold. The price of 1 kg of silver can be considered equal to 15 grams of gold. In India, silver is used more in the form of anklets and rings. Silver is also used in food in India. Gold prices have been the best benchmark to measure inflation over the years. Investors have been considering gold as an important investment. The gold rates on this page are published on the basis of the data received from the gold traders of the country. You can check the daily gold rates here.