Silver prices declined on Thursday across India, with the metal trading at ₹189 per gram and ₹1,89,000 per kilogram, down ₹1,000 from yesterday’s ₹1,90,000 per kg.
According to market data, silver prices dropped marginally by ₹1 per gram and ₹10 per 10 grams, reflecting a mild correction driven by weaker global cues and a steady U.S. dollar. Analysts attributed the dip to profit-booking after recent gains and a softer outlook for industrial metals.
Here’s a look at city-wise silver prices (per kg):
- Chennai: ₹2,06,000
- Mumbai: ₹1,89,000
- Delhi: ₹1,89,000
- Kolkata: ₹1,89,000
- Bangalore: ₹1,94,000
- Hyderabad: ₹2,06,000
- Kerala: ₹2,06,000
- Pune: ₹1,89,000
- Vadodara: ₹1,89,000
- Ahmedabad: ₹1,89,000
The decline in silver prices mirrors the broader trend in global markets, where both gold and silver have been under slight pressure amid expectations of stable interest rates and muted safe-haven demand.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Commodity prices are subject to market fluctuations. Always verify local rates before making any investment or purchase decisions.
