Silver Price Today – On Christmas Day, silver broke all previous records, dealing a major blow to consumer expectations. On Christmas morning, 999 purity silver saw a surge of ₹10,000, causing significant financial strain for buyers. Families planning weddings are finding it particularly difficult to manage their purchases.
If you are planning to buy silver, don’t waste any time. You can easily and conveniently buy 999 purity silver and save money. Take a look at the latest city-wise prices below.
Silver Prices in Major Cities
In New Delhi, 999 purity silver rose by ₹10,000 to reach ₹244,000 per kilogram. The price a day earlier was ₹234,000 per kilogram. In Mumbai, silver rates also saw a sharp increase. After a ₹10,000 rise, silver was recorded at ₹244,000 per kilogram.
On Wednesday, silver was recorded at ₹234,000 per kilogram. Chennai also witnessed a ₹10,000 per kilogram increase in silver prices. The price rose to ₹244,000 per kilogram. In Bengaluru, the price of 999 purity silver increased by ₹10,000, trending at ₹244,000 per kilogram.
Kerala also saw a similar increase in silver rates. Here, silver rose to ₹244,000 per kilogram. If you are thinking of buying silver, don’t delay.
Silver prices have also increased in Lucknow, with customers now having to pay up to Rs 244,000 for one kilogram. In Pune, the price of silver rose to Rs 244,000 per kilogram. The price there was recorded at Rs 234,000 per kilogram just the day before.
Silver Reaches its Highest Level
For your information, silver has reached its highest level in the Indian bullion market. Even during the festive season, silver prices did not reach such heights. Due to the rising silver rates, customers have also distanced themselves from buying silver. According to some experts, there might be some relief from the high price of silver in the coming days. However, this seems unlikely at the moment. Historically, silver’s price movements have been quite volatile, with prices often soaring before experiencing sharp declines.