Silver prices in Delhi continued to trade at elevated levels on January 28, mirroring the strong rally seen across domestic and international bullion markets.
As per the latest rates, silver in Delhi is priced at Rs 3,80,000 per kilogram, while 10 grams of silver costs Rs 3,800 and 100 grams is available at Rs 38,000. The metal has remained firm after a sharp run-up in recent sessions, supported by strong global cues and sustained interest in precious metals.
Internationally, silver has been trading close to record highs, driven by safe-haven demand amid geopolitical uncertainty, expectations of easier monetary conditions in the United States, and spillover strength from gold. Domestically, robust futures market activity and tight supply dynamics have added to the upward momentum.
City-wise silver prices vary slightly due to local taxes, logistics costs, and demand conditions. However, Delhi rates remain closely aligned with the broader national trend, with silver holding near peak levels.
With volatility remaining high, buyers and traders in the national capital are keeping a close watch on global developments and daily price movements as silver continues to attract attention for its sharp gains this year.
