Silver prices in India declined on October 21, 2025, following weakness in global precious metal markets. The price of silver today stands at Rs 170 per gram, down Rs 2 from yesterday’s Rs 172, while the price per kilogram has fallen by Rs 2,000 to Rs 1,70,000.
The dip mirrors a broader correction in international silver prices as easing US-China trade tensions reduced safe-haven demand.
In major Indian cities, prices varied slightly:
- Chennai, Hyderabad, and Kerala recorded the highest rate at Rs 1,880 per 10 grams (Rs 1,88,000/kg).
- Mumbai, Delhi, Kolkata, Pune, and Ahmedabad reported Rs 1,700 per 10 grams (Rs 1,70,000/kg).
- Bangalore stood at Rs 1,780 per 10 grams (Rs 1,78,000/kg).
The fall comes after silver hit an all-time high internationally earlier this month. Analysts attribute the decline to profit-booking and improved global trade sentiment.
The silver price in India depends largely on international market movements, currency fluctuations, and industrial demand, with local factors such as import duty and festive demand also influencing daily rates.
