Silver Price Today: In the Indian bullion market, a rise in prices was recorded not only for gold but also for silver early Thursday morning. This certainly came as a blow to customer expectations. If you are planning to purchase silver on the auspicious occasion of Ram Navami, do not delay—as this still remains an excellent opportunity.
A few days ago, silver rates had witnessed a significant surge. Early this morning, the price of 999-purity silver rose by up to ₹20,000. Customers will now have to spend up to ₹260,000 to purchase one kilogram of silver—a transaction that should proceed without any complications.
Check Silver Rates in These Major Cities
In New Delhi, the price of 999-purity silver increased by ₹20,000, meaning one must now spend up to ₹260,000 for a kilogram. Looking at the rates from the previous day, silver was seen trading at ₹240,000 per kilogram.
In Mumbai, the price of 999-purity silver rose by ₹20,000, reaching a total of ₹260,000 per kilogram. In contrast, the rate for one kilogram of silver was recorded at ₹240,000 the day before. In Hyderabad as well, the price of 999-purity silver climbed by ₹20,000, reaching a total of ₹260,000 per kilogram. The previous day, silver rates here were recorded at ₹240,000 per kilogram.
In Kolkata, following an increase of ₹20,000, the price of 999-purity silver reached a total of ₹260,000 per kilogram. On Wednesday, the rate for one kilogram of silver in this city was recorded at ₹240,000.
In Chennai too, the price of 999-purity silver rose by ₹20,000, trading at a total of ₹260,000 per kilogram. The previous day, the silver rate stood at ₹240,000 per kilogram. In Lucknow as well, the price of 999-purity silver surged by up to ₹20,000, reaching a total of ₹260,000 per kilogram. The previous day, the price of silver in the city stood at ₹240,000 per kilogram.
Fluctuating Prices
It may come as a surprise to learn that silver prices in the bullion market have been fluctuating recently, casting a pall of disappointment over customers. At one point, silver prices had soared to as high as ₹410,000; however, they have now witnessed a sudden decline. Observers attribute this drop in silver prices to the escalating tensions in the Middle East.