Silver Price Today: Silver prices have risen so sharply these days that buying it has become a difficult task. There was hope that the shine of silver would fade, but it continues to rise. The continuously increasing prices are posing a major threat to customers’ budgets, causing considerable distress.
Even on Monday, the first day of the trading week, silver prices jumped like a cheetah, completely disrupting customers’ budgets. Silver rates have crossed Rs 3 lakh per kilogram.
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For the first time in India’s history, the price of silver has reached such a high level, leaving customers sweating. There seems to be little chance of silver prices stabilising anytime soon. If this situation continues, buying silver will become a very difficult task for ordinary people.
Silver Prices Not Stopping
Silver prices in the Indian bullion market show no signs of stopping. On Monday, as soon as trading opened on MCX, silver prices increased by Rs 13,553, causing considerable disappointment among customers. With this increase, silver rates also crossed the Rs 3 lakh mark.
The new all-time high for 1 kg of silver was recorded at Rs 3,01,315 per kilogram. On Friday, the last trading day of the previous week, the MCX Silver Rate closed at Rs 2,87,762 per kilogram. Now, this increase has left everyone sweating, causing widespread concern.
How Much Did Silver Become More Expensive in January?
In January, silver prices jumped like a cheetah, dealing a major blow to customers’ expectations. According to a report, silver prices have increased by up to Rs 65,000. After making a splash in 2025, silver prices have continued their upward trend in the first month of this year as well.
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It is now estimated that the Silver Price in January 2026 has increased by up to Rs 65,614 per kilogram so far. On December 31, 2025, the last day of the year, the price of 1 kg of silver was ₹2,35,701. It has now reached ₹3,01,315 per kg.
Gold also becomes expensive.
In the bullion market, not only silver but also gold has become significantly more expensive in a single surge. The price of gold has increased by up to ₹2900. The MCX Gold Rate, like silver, has also seen a sharp rise.
Last Friday, the futures price of gold for February 5th closed at ₹1,42,517 per 10 grams. However, as soon as the market opened on Monday, it reached a new high of ₹1,45,500. Based on this calculation, the price of 10 grams of 24-karat gold has increased by ₹2983.
