Silver Rate Today
Silver prices in India remain at elevated levels, showing strong volatility with both record highs and sharp corrections reported in markets today. Overall, silver continues to trade at historically high values compared to earlier in the year as demand, safe-haven flows and industrial usage push prices upwards.
Latest Silver Prices (National Average)
According to market price aggregators, silver price today in India is approximately:
- ₹258 per gram
- ₹2,58,000 per kilogram
(Prices have slightly corrected from recent peaks but remain significantly above earlier year levels.)
City-Wise Silver Rates Today
Chennai Silver Rate Today
In Chennai, silver is trading at higher levels relative to the national average:
- ₹281 per gram
- ₹2,81,000 per kilogram
(Slight downward movement from yesterday, but still strong year-to-date gains.)
This higher regional price can partly reflect local demand or supply dynamics among dealers and jewellers.
Mumbai Silver Rate Today
In Mumbai as well, silver rates broadly align with the national benchmark:
- Approx ₹258 per gram
- ₹2,58,000 per kilogram
(Mumbai’s bullion market typically follows broader MCX and international trends closely.)
Delhi Silver Rate Today
In the national capital, similar trends are visible:
- ₹258 per gram
- ₹2,58,000 per kilogram
Silver in Delhi has shown strong returns this year and remains volatile amid global price swings.
Some market feeds even report intraday variations nearer to ₹281 per gram based on specific dealer feeds —reflecting volatility and reporting differences during trading sessions.
Kolkata Silver Rate Today
Kolkata’s silver rates fall in line with other major metros like Mumbai and Delhi — typically around:
- ₹258 per gram
- ₹2,58,000 per kilogram
(This is consistent with national pricing excluding Chennai and select other cities where prices may be slightly higher due to local dealer pricing.)
Why Prices Are This High
Record Levels & Recent Moves
Silver has been one of the best performing assets in 2025, with year-to-date gains of well over 170%, driven by industrial demand, investor safe-haven buying, and supply constraints.
At times today, silver even hit fresh record highs — crossing over ₹2.5 lakh per kilogram before profit-taking pulled prices back slightly.
Volatility & Corrections
Despite strong overall momentum, markets saw sharp intraday corrections with prices dropping by thousands of rupees per kg within a short span — indicating profit booking by traders.
Global Influence
International prices also influence Indian silver rates. Silver futures overseas at times exceeded $80 per ounce before taking a U-turn, impacting domestic pricing.
What This Means for Buyers
- Investors: High volatility suggests cautious entry points; consider longer-term trends rather than short bursts.
- Jewellery Buyers: Prices remain elevated compared to earlier months — factoring purity, making charges & taxes is essential.
- Traders & Speculators: MCX futures reflect strong investor interest but also significant risk of sharp pullbacks.