Silver Price Hike: Gold and silver prices are steadily rising ahead of Dhanteras and Diwali. Gold rates are proliferating. Although the government has reduced GST rates this time, silver prices are experiencing a dramatic increase. Sharad Srivastava of Sharad Caterers explains that silver foil, which used to cost Rs. 350 a few months ago, has now increased by Rs. 300 due to the rise in silver prices. This has also affected business. Silver foil is used in royal sweets, such as cashew nuts, katli pistachio rolls, and other confections. If you’re considering buying silver this Dhanteras or Diwali, it could impact your budget.
Silver prices have risen the most in Chennai, with the cost of 1 kilogram reaching close to Rs. 1,97,000. Meanwhile, the price of 1 kilogram of silver in Delhi has reached ₹1,85,100.
Silver prices have nearly doubled in 2025, especially in major Indian cities, where prices have reached record levels. Investors and retail buyers are also buying more in anticipation of higher prices.
Silver Price in Chennai
10 grams – ₹2,060
100 grams – ₹20,600
1 kilogram – ₹2,06,000
Silver Price in Mumbai
10 grams – ₹1,851
100 grams – ₹18,510
1 kilogram – ₹1,85,100
Silver Price in Delhi
10 grams – ₹1,851
100 grams – ₹18,510
1 kilogram – ₹1,85,100
Silver Price in Kolkata
10 grams – ₹1,851
100 grams – ₹18,510
1 kilogram – ₹1,85,100
Silver Price in Bangalore
10 grams – ₹1,851
100 grams – ₹18,510
1 kilogram – ₹1,85,100
Silver price in Patna
10 grams – ₹1,851
100 grams – ₹18,510
1 kilogram – ₹1,85,100
Silver price in Nagpur
10 grams – ₹1,851
100 grams – ₹18,510
1 kilogram – ₹1,85,100