Editor’s Note
Silver prices have surged to a new record high, driven by both domestic and global factors. For consumers, this means the cost of silver jewellery is climbing. Below, we provide the latest city-wise rates to help you make informed purchasing decisions.
Silver prices have once again created a new record. This trend continues unabated. Their prices are directly affected by national and international circumstances. For those buying silver jewellery, let’s find out the latest silver prices in your cities today.
Silver prices have once again made history. According to the All India Sarafa Association, silver in Delhi continued its rally for the fourth consecutive session and surged by ₹19,500, or 5.06 percent, to a record ₹4,04,500 per kilogram (including all taxes). Silver had closed at ₹3,85,000 per kg on Wednesday. On the Multi Commodity Exchange (MCX), silver futures for March delivery, extending gains for the fifth consecutive day, rose by ₹24,434, or 6.34 percent, to a new record high of ₹4,09,800 per kg. In the last five trading sessions, silver has risen by ₹91,308, or nearly 29 percent, from ₹3,18,492 per kg (closing price) recorded on January 21. Silver has reached ₹4 lakh from ₹3 lakh in just 8 trading days. In overseas trade, spot silver rose by $3.59, or 3.07 percent, to an all-time high of $120.45 per ounce. Meanwhile, according to a report by Goodreturns, today’s silver price was recorded at ₹4,10,000 per kg. According to the Indian Bullion and Jewellers Association (IBJA), silver’s price stood at ₹3,79,988 per kg by market close on Thursday. Below, we provide you with information on the latest silver prices in different cities across the country. Those buying silver jewellery can check their city’s rates here.
City | 10g Silver Price (₹) | 100g Silver Price (₹) | 1kg Silver Price (₹)
Delhi | ₹4,100 | ₹41,000 | ₹4,10,000
Mumbai | ₹4,100 | ₹41,000 | ₹4,10,000
Kolkata | ₹4,100 | ₹41,000 | ₹4,10,000
Chennai | ₹4,001 | ₹40,010 | ₹4,00,100
Patna | ₹4,100 | ₹41,000 | ₹4,10,000
Lucknow | ₹4,100 | ₹41,000 | ₹4,10,000
Meerut | ₹4,100 | ₹41,000 | ₹4,10,000
Kanpur | ₹4,100 | ₹41,000 | ₹4,10,000
Ayodhya | ₹4,100 | ₹41,000 | ₹4,10,000
Ghaziabad | ₹4,100 | ₹41,000 | ₹4,10,000
Noida | ₹4,100 | ₹41,000 | ₹4,10,000
Gurugram | ₹4,100 | ₹41,000 | ₹4,10,000
Chandigarh | ₹4,100 | ₹41,000 | ₹4,10,000
Jaipur | ₹4,100 | ₹41,000 | ₹4,10,000
Ahmedabad | ₹4,100 | ₹41,000 | ₹4,10,000
Pune | ₹4,100 | ₹41,000 | ₹4,10,000
Ludhiana | ₹4,100 | ₹41,000 | ₹4,10,000
Guwahati | ₹4,100 | ₹41,000 | ₹4,10,000
Indore | ₹4,100 | ₹41,000 | ₹4,10,000
Bangalore | ₹4,100 | ₹41,000 | ₹4,10,000
Bhubaneswar | ₹4,001 | ₹40,010 | ₹4,00,100
Kerala | ₹4,001 | ₹40,010 | ₹4,00,100
Raipur | ₹4,100 | ₹41,000 | ₹4,10,000
Hyderabad | ₹4,001 | ₹40,010 | ₹4,00,100
The rally in silver prices continued in Delhi on Wednesday. Both reached new peaks amid a weak US dollar and strong sentiment in global markets. According to market experts, silver gained for the third consecutive day, rising by ₹15,000 or 4.05 percent to ₹3,85,000 (including all taxes) per kg. In the previous session, it was at ₹3,70,000 per kg, while on Friday it was at ₹3,29,500 per kg. In foreign markets, silver prices rose by 0.12 percent to $112.22 per ounce. On Monday, it had surged by $14.42 or 14 percent to a new record level of $117.73 per ounce.
The record rally in silver prices continued on Wednesday, with futures trading rising over seven percent to an all-time high of ₹3.83 lakh per kg. On the Multi Commodity Exchange (MCX), futures price for silver contracts for March delivery surged by ₹26,821 or 7.53 percent to a record ₹3,83,100 per kg. In international markets, futures price for silver contracts for March delivery on COMEX rose by $9.57 or 9.03 percent to $115.52 per ounce.
According to news agency PTI-Bhasha, HDFC Securities senior analyst Saumil Gandhi said that investment demand for these precious metals is increasing as a safe haven, primarily due to rising global tensions and trade-related uncertainties. In the international market, the dollar index remained weak, providing further support to gold and silver prices.
According to news agency PTI-Bhasha, Jigar Trivedi, senior research analyst at Indsec Securities, said.