Silver prices in Vadodara remained firm on January 28, tracking the broader rally seen across domestic bullion markets amid strong global cues.
As per the latest rates, silver in Vadodara 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 strength in silver prices is being supported by firm international markets, where silver has been trading close to all-time highs. Safe-haven demand amid geopolitical uncertainty, expectations of easier global monetary conditions, and spillover strength from gold have continued to underpin prices. Domestically, strong futures market activity has also contributed to elevated rates.
City-wise variations persist due to factors such as local taxes, logistics costs, and regional demand, but Vadodara’s prices remain aligned with the broader national trend.
With silver trading near peak levels, buyers and traders in Vadodara are closely watching global developments and daily price movements, as volatility in the precious metals space remains high.