Silver Price Update: Alongside the rise in gold prices, an increase in silver rates was also recorded early this morning. This has come as a major blow to customer expectations. In the bullion market, the price of 999-purity silver surged by 5,000 rupees. Consequently, customers will now have to spend up to 270,000 rupees per kilogram to purchase silver.
Before this, silver prices were seen hovering around 265,000 rupees per kilogram. If you let this opportunity to purchase silver slip through your fingers, you will miss out. Therefore, you must check the city-wise silver rates beforehand. We are providing city-specific information regarding gold rates below.
Key Highlights
Today’s rate (all cities)
₹2,70,000
per kilogram
Yesterday’s rate
₹2,65,000
per kilogram
Today’s rise
▲ ₹5,000
uniform across cities
Discount from peak
₹1.40 lakh
vs ₹4.10 lakh peak
Check Silver Prices in These Cities
In New Delhi, the price of 999-purity silver rose by 5,000 rupees, trending at a total of 270,000 rupees per kilogram. Just a day earlier, the price of silver here stood at 265,000 rupees per kilogram.
In Mumbai, 999-purity silver increased by 5,000 rupees, reaching a total of 270,000 rupees per kilogram. The previous day, the silver rate in Mumbai was 265,000 rupees per kilogram.
In Hyderabad, the price of 999-purity silver rose by 5,000 rupees and is currently trading at 270,000 rupees per kilogram. The day before, the silver rate was recorded at 265,000 rupees per kilogram. In Kolkata, the price of 999-purity silver was recorded at 270,000 rupees per kilogram, whereas the previous day’s rate stood at 265,000 rupees per kilogram.
Continued Volatility
Volatility continues to persist in the prices of 999-purity silver within the Indian bullion market. Silver prices fluctuate—dropping on some days and rising on others. This ongoing fluctuation has left customers in a state of indecision regarding their purchasing plans. There was a time when silver prices soared above ₹4.10 lakh per kilogram. However, prices are now being recorded at ₹2.70 lakh per kilogram—meaning it is currently trading at a discount of ₹1.40 lakh per kilogram compared to its peak level.
