Viral Post Claims Earning Rs 14,000 Through Inter-State Silver Arbitrage, SEBI RIA Explains Reality
Last Update Date: 06-10-2026
Published by Outlook Money
Abhishek Kumar's role: Quoted
Abhishek Kumar, in a LinkedIn post the outlet cited, said the claimed profit ignores taxes, fees and travel costs, that professional traders close such price gaps quickly, and that moving silver across states without papers carries legal risk.
More of Abhishek's views on insurance
The article examines a viral social media claim that buying silver in one Indian city and selling it in another could earn a steady profit per trip. It explains what arbitrage is and why taxes, transaction and travel costs, price swings and legal rules on moving bullion make such schemes risky for retail investors.
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Viral Post Claims Earning Rs 14,000 Through Inter-State Silver Arbitrage, SEBI RIA Explains Reality