Silver Rate Today: Gold and silver prices have wreaked havoc this year. On Monday, the first trading day of the week, the price of silver on MCX surged by more than Rs 14,000 per kg, and the price of 1 kg of silver crossed Rs 2.54 lakh. Gold and silver prices continue to rise. Silver rates are increasing very rapidly. On December 29, silver crossed the Rs 2,50,000 mark for the first time on the Multi-Commodity Exchange. Along with the Indian market, silver prices have also risen internationally. Today, silver prices crossed $80 for the first time.
Latest Silver Price on MCX
In the domestic futures market, silver prices surged on Monday, December 29. The silver futures contract expiring on March 5, 2026, opened at Rs 2,47,194 (per kg) on MCX on Monday. On its last trading day, silver closed at Rs 2,39,787 on MCX.
At 10:00 AM on December 29, silver was trading at Rs 2,48,982 on MCX, up approximately Rs 9,200 from the previous day’s close.
Silver Price Today City-Wise
The price of 1 kg of silver in Delhi is Rs 2,50,900.
The price of 1 kg of silver in Mumbai is Rs 2,50,900.
The price of 1 kg of silver in Ahmedabad is Rs 2,50,900.
The price of 1 kg of silver in Chennai is Rs 2,73,900.
The price of 1 kg of silver in Kolkata is Rs 2,50,900.
The price of 1 kg of silver in Gurugram is Rs 2,50,900.
The price of 1 kg of silver in Lucknow is Rs 2,50,900. The price of 1 kilogram of silver in Bengaluru is ₹2,50,900.
The price of 1 kilogram of silver in Jaipur is ₹2,50,900.
The price of 1 kilogram of silver in Patna is ₹2,50,900.
The price of 1 kilogram of silver in Bhubaneswar is ₹2,50,900.
The price of 1 kilogram of silver in Hyderabad is ₹2,73,900.
The demand for silver in the industrial sector is continuously increasing. Its use in sectors such as solar panels, electric vehicles, and semiconductors has helped strengthen prices. Currently, approximately 60 percent of the global demand for silver comes from industries.