Silver Price Today: On Friday morning—the final day of the trading week—while an increase was recorded in gold prices, silver prices remained unchanged. There has been absolutely no change in silver rates, dealing a significant blow to customer expectations.
Customers were widely anticipating some relief in silver rates today, but this failed to materialise. Consequently, these hopes were dashed. Nevertheless, if you are looking to purchase silver, check the city-wise rates below.
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Check Silver Prices in These Major Cities
In the national capital, New Delhi, 999-purity silver was recorded at ₹275,000 per kilogram, showing no change from the previous day. On Thursday, the rate for 999-purity silver had also stood at ₹275,000 per kilogram.
In Mumbai, the capital of Maharashtra, the price of 999-purity silver remained stable, trending at ₹275,000 per kilogram. Here, too, the silver rate on Thursday was recorded at ₹275,000 per kilogram.
In Lucknow, the capital of Uttar Pradesh, there was likewise no fluctuation in the price of 999-purity silver. The price here was recorded at ₹275,000 per kilogram. As in other cities, the silver rate on the previous day had also been ₹275,000 per kilogram.
In Noida, the price of 999-purity silver trended steadily at ₹275,000 per kilogram. Just a day earlier, the silver rate in this city had also been ₹275,000 per kilogram.
In Ghaziabad, the price of 999-purity silver is currently holding steady at ₹275,000 per kilogram. The rate here had remained at ₹275,000 per kilogram on the previous day as well.
Silver Trading at a Discount from Its Peak
It may come as welcome news that, currently, silver prices are trading at a significant discount compared to their all-time peak levels. A few months ago, the price of 999-purity silver in the Indian bullion market had surged above ₹400,000 per kilogram. However, a sudden downward trend in silver prices subsequently began, and today, the rate is being recorded at ₹275,000 per kilogram.
