Silver prices in Ahmedabad witnessed a sharp rise on Tuesday, January 14, in line with the strong rally seen in global silver markets. Firm international prices and improved sentiment across bullion markets pushed domestic silver rates higher across key Indian cities.
As per the latest available data, silver in Ahmedabad is priced at Rs 2,900 per 10 grams, while 100 grams of silver is trading at Rs 29,000. The price of 1 kilogram of silver in Ahmedabad stands at Rs 2,90,000 today.
On a per-gram basis, silver is trading close to Rs 290, marking a notable jump compared with the previous session. The surge in Ahmedabad silver prices mirrors the global upswing in silver, supported by inflation concerns, expectations of softer interest rates ahead, and sustained industrial demand.
Silver rates in Ahmedabad are broadly aligned with those in cities such as Mumbai, Delhi, and Kolkata, with marginal differences arising from local levies and logistics costs.
With silver prices remaining volatile and near record levels, traders and buyers are closely monitoring global economic developments, movements in international bullion prices, and currency fluctuations for further cues.
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