Silver prices in India slipped on Tuesday (October 28), mirroring weakness in international bullion markets. The price of silver stood at Rs 151 per gram, down Rs 4, while the per kilogram rate declined by Rs 4,000 to Rs 1,51,000.
According to market data, city-wise silver rates were as follows:
- Mumbai: Rs 1,510 (10g), Rs 15,100 (100g), Rs 1,51,000 (1kg)
- Delhi: Rs 1,510 (10g), Rs 15,100 (100g), Rs 1,51,000 (1kg)
- Kolkata: Rs 1,510 (10g), Rs 15,100 (100g), Rs 1,51,000 (1kg)
- Chennai: Rs 1,650 (10g), Rs 16,500 (100g), Rs 1,65,000 (1kg)
- Hyderabad: Rs 1,650 (10g), Rs 16,500 (100g), Rs 1,65,000 (1kg)
- Ahmedabad: Rs 1,510 (10g), Rs 15,100 (100g), Rs 1,51,000 (1kg)
Experts say the dip follows a firming U.S. dollar and muted industrial demand, leading to pressure on global precious metal prices.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Commodity and bullion investments are subject to market risks. Always consult a financial advisor before making investment decisions.
