Silver Price Today Market Rate Delhi, Mumbai, Chennai, Kolkata

Silver Price Key Cities

City	Price per Gram	Price per Kilogram
Delhi	172.76	1,72,758
Mombai	189.00	1,89,000
Chennai	183.00	1,83,000
Kolkata	187.00	1,87,000

Note: – indicates approximate values. Silver prices fluctuate daily due to global commodity markets, rupee-dollar exchange rates, and local demand.

What’s Behind the Price Differences

• Local Demand & Supply: Bigger metro cities like Delhi and Mumbai often have higher demand for silver jewellery, silverware, and investment — which pushes up local retail rates.
• Logistics & Taxes: Shipping silver to different states, handling charges, local taxes and duties, and retailer margins can cause city-wise variations.
• Purity & Format: Retail silver (coins, bars, jewellery) might factor in finishing costs or purity premiums; futures-market or “wholesale” pricing can differ.

Silver Price Surge

• According to a recent report, silver on the domestic commodity exchange hit ~ ₹ 1,84,727 per kg
• The sharp appreciation in 2025 has made silver a high-return asset for many investors — in some reports, silver has delivered over 100% returns in the year.
• Analysts attribute this rally to global geopolitical tensions, rise in demand for safe-haven assets, and supply constraints.

What This Means If You’re Buying/Selling

• If you buy silver in Mumbai, expect a higher per-gram/kilogram cost compared to Chennai or Delhi — city-wise price difference can be ₹5–15 per gram (or more).
• Before purchasing, always check today’s live silver price from a trusted data provider — as silver rates move daily.
• For larger volumes (kilograms), small per-gram differences add up; hence, where you buy (which city/market) matters.