Silver Price Today: Silver prices have been falling steadily for the past two days. Silver prices saw a sharp jump on Dhanteras. However, gold and silver prices fell after Diwali. The ongoing supply shortage in the London silver market is now gradually easing. Liquidity in the London market suddenly dried up. Today, the festival of Bhai Dooj is being celebrated across the country, and silver prices have seen a decline on this occasion.
Key Takeaways
Quick Read- Silver prices saw a sharp jump on Dhanteras.
- However, gold and silver prices fell after Diwali.
- Liquidity in the London market suddenly dried up.
Furthermore, on the morning of Bhai Dooj, October 23rd, silver prices fell to ₹159,000 per kilogram. Silver prices also fell on Dhanteras and Diwali. So, let’s find out what the silver prices are in different states across the country.
The price of 1 kg of silver in Delhi is ₹159,000.
The price of 1 kg of silver in Mumbai is ₹159,000.
The price of 1 kg of silver in Ahmedabad is ₹159,000.
The price of 1 kg of silver in Chennai is ₹174,000.
The price of 1 kg of silver in Kolkata is ₹159,000.
The price of 1 kg of silver in Hyderabad is ₹174,000.
The price of 1 kg of silver in Jaipur is ₹159,000.
The price of 1 kg of silver in Bengaluru is ₹159,000.
The price of 1 kg of silver in Surat is ₹159,000.
The price of 1 kg of silver in Pune is ₹159,000.
The spot price of silver in global markets fell 0.2% to $48.43 per ounce. Meanwhile, the spot price of gold fell 0.2% to $4,084.29 per ounce. Consumer demand for silver on Dhanteras surpassed that for gold.
