Silver prices in Bengaluru eased on Friday, January 16, following a sharp rally earlier this week that saw the metal hit record highs. Profit booking, a firmer US dollar and softer global cues weighed on prices, leading to a modest correction in domestic markets including Bengaluru.
As per the latest available data, silver in Bengaluru is priced at Rs 292 per gram and Rs 2,92,000 per kilogram, down from earlier levels in the week.
Silver price in Bengaluru today (January 16, 2026)
| Quantity | Price |
|---|---|
| 1 gram | Rs 292 |
| 10 grams | Rs 2,920 |
| 100 grams | Rs 29,200 |
| 1 kg | Rs 2,92,000 |
FAQs: Silver prices in Bengaluru
Why did silver prices fall in Bengaluru today?
Silver prices eased due to profit booking after a recent surge, stronger US dollar, and softer global cues that subdued investor interest in precious metals.
Is silver price the same across all Indian cities today?
No. While benchmark silver prices remain broadly similar, slight differences arise due to local taxes, logistics and dealer pricing. For example, Chennai and Hyderabad often trade at a small premium.
What influences silver prices in Bengaluru?
Silver prices are mainly influenced by global silver rates, USD-INR exchange rate, industrial demand, safe-haven flows, and international economic data.
Do these prices include GST and making charges?
No. The silver rates quoted are indicative and exclude GST, TCS or any retail charges.
How often do silver prices change in Bengaluru?
Silver prices can change multiple times during a trading day based on global market movements and domestic trading activity.
Is silver still near its all-time high despite today’s fall?
Yes. Even after the correction, silver remains near elevated levels, having recently touched record highs in both global and domestic markets.
Why is Bengaluru’s silver price sometimes different from Mumbai or Delhi?
Regional variations in pricing can occur due to local demand, dealer margins, transportation costs and regulatory charges.
