Silver Price Today – Silver ₹2 Lakh Cheaper All-Time High, Check City-Wise Rates

Silver Price Today: After several days of decline, silver prices surged today, May 6th. On the morning of Wednesday (May 6), silver prices on the MCX were trending upward. Today, the price of silver in India stands at ₹265 per gram. Meanwhile, the rate for silver is ₹265,000 per kilogram, up ₹10,000 from yesterday’s price.

What is the Current Silver Price?
The MCX Silver Rate contract expiring on July 3rd rose immediately upon opening, reaching ₹252,000 per kilogram; in contrast, it had closed at ₹244,316 in the commodity market on the previous trading day. Based on this calculation, the silver rate has increased by ₹7,684 per kilogram. On the MCX, the current silver price remains at ₹205,328 per kilogram, below its all-time high. On January 29, silver touched a high of ₹457,328; however, prices have declined continuously since then.

If you are considering investing in or purchasing gold and silver, it is essential to check their current prices beforehand. While rates for both precious metals have risen on the MCX, gold and silver rates in the domestic market closed with only a marginal increase from the previous trading day. According to IBJA.com—the website of the Indian Bullion Jewellers Association—the price of 24-carat gold closed at ₹147,636 per 10 grams.

Silver Rate Today City-Wise

In Delhi, the price of one kilogram of silver is ₹254,900.
In Mumbai, the price of one kilogram of silver is ₹254,900.
In Ahmedabad, the price of one kilogram of silver is ₹254,900.
In Chennai, the price of one kilogram of silver is ₹264,900.

The price of one kilogram of silver in Kolkata is ₹2,54,900.
The price of one kilogram of silver in Kerala is ₹2,64,900.
The price of one kilogram of silver in Jaipur is ₹2,54,900.
The price of one kilogram of silver in Bhopal is ₹2,54,900.
The price of one kilogram of silver in Lucknow is ₹2,54,900.
The price of one kilogram of silver in Chandigarh is ₹2,54,900.