Silver Price Today – On the morning of January 2nd, the rising prices of gold and silver in the Indian bullion market showed a halt, which is good news for customers. On Friday morning, silver became cheaper by up to Rs 2,000. This brought smiles to people’s faces.

If you are planning to buy silver, you can check the rates here. You can find out the price of gold in major Indian cities after the decline in the previous report.

Latest Update on Silver Prices

In New Delhi, the price of 999 purity silver was recorded at Rs 256,000 per kilogram. This is a decrease of Rs 2,000. A day earlier, the price of silver was trending at Rs 258,000 per kilogram. In Mumbai, too, silver is selling at Rs 256,000 per kilogram after a drop of Rs 2,000.

In Chennai, silver rates are trending at Rs 256,000. In Hyderabad, Pune, and Kolkata, the price of 999 purity silver is also being recorded at Rs 256,000 per kilogram. In Vijayawada, Visakhapatnam, Lucknow, and Ahmedabad, silver is also being recorded at Rs 256,000 per kilogram after a drop of Rs 2,000.

In Coimbatore, Kanpur, Kochi, and Bhopal, 999 purity silver is selling at Rs 256,000 per kilogram. In Mysore, Salem, and Faridabad, 999 purity silver is trending at Rs 256,000 per kilogram after the decline. In Gurgaon, Patna, and Indore, the rate of 999 purity silver has fallen to Rs 256,000 per kilogram. The same rate is prevailing in Meerut.

Will Silver Become Cheaper in January?

Currently, buying silver in the Indian bullion market is quite expensive. In December 2025, the last month of the year, silver prices soared uncontrollably, shattering all previous records and completely disrupting consumers’ budgets.

Prices are significantly higher this year compared to the last financial year. There seems to be little prospect of prices falling anytime soon. As a result, investors are hesitant to invest in silver. Silver has a history of considerable price volatility.