Silver prices in Pune remained elevated on January 28, tracking the broader rally seen across domestic bullion markets amid firm global cues.
As per the latest rates, silver in Pune is priced at Rs 3,80,000 per kilogram. On a smaller unit basis, 10 grams of silver costs Rs 3,800, while 100 grams is available at Rs 38,000. Prices have held near record levels following sharp gains over the past few sessions.
The continued strength in silver prices is being supported by global market trends, with the metal trading close to all-time highs internationally. Safe-haven demand amid geopolitical uncertainty, expectations around global monetary policy, and spillover strength from gold have continued to underpin prices. Domestically, strong participation in futures markets has added to the momentum.
While silver prices vary slightly across cities due to local taxes, logistics costs, and demand conditions, Pune’s rates remain aligned with the broader national trend.
With silver trading near peak levels, buyers and traders in Pune are closely tracking global developments and daily price movements, as volatility in the precious metals space remains high.