Silver prices in Kolkata remained steady on January 21, broadly in line with trends seen across major Indian cities. The white metal continues to trade firm amid stable global cues and consistent industrial demand.
As per the latest available rates, silver in Kolkata is priced at Rs 3,300 per 10 grams today. The price of 100 grams of silver stands at Rs 33,000, while 1 kilogram of silver is currently available at Rs 3,30,000.
Silver prices across major cities
Silver prices in Kolkata are in line with Delhi, Mumbai, Bangalore, Pune, Vadodara, and Ahmedabad, where rates are quoted at Rs 3,300 per 10 grams, Rs 33,000 per 100 grams, and Rs 3,30,000 per kg.
Meanwhile, cities such as Chennai, Hyderabad, and Kerala are trading at slightly higher levels, with silver priced at Rs 3,400 per 10 grams, Rs 34,000 per 100 grams, and Rs 3,40,000 per kg.
What is driving silver prices
Silver prices in India largely track international bullion markets, movements in the US dollar, and demand from industrial sectors. Ongoing demand from electronics, solar panel manufacturing, and automobiles continues to support prices.
Outlook
With precious metals remaining in focus globally, silver prices are expected to stay sensitive to global economic data, interest rate expectations, and currency movements. Local prices may vary marginally depending on dealer margins and taxes.