Silver prices in India edged higher on Thursday, December 26, with rates rising across major cities amid firm global cues. Both retail and bulk silver prices witnessed an uptick compared to the previous trading session, reflecting continued momentum in the precious metals market.
Silver price today in India
As per the latest data, silver was priced at Rs 240 per gram in India on December 26, registering a rise of Rs 6 from Wednesday’s levels. On a larger scale, silver prices stood at Rs 2,40,000 per kilogram, up Rs 6,000 from the previous day.
For commonly traded quantities, silver was available at Rs 2,400 for 10 grams and Rs 24,000 for 100 grams, indicating a broad-based increase across weight categories.
City-wise silver prices on December 26
Silver prices remained largely consistent across several key Indian cities. In Mumbai, Delhi, Kolkata, Bengaluru, Pune, Vadodara and Ahmedabad, silver was quoted at Rs 2,400 per 10 grams, Rs 24,000 per 100 grams, and Rs 2,40,000 per kg.
Meanwhile, southern markets continued to trade at a slight premium. In Chennai, Hyderabad and Kerala, silver prices stood at Rs 2,540 per 10 grams, Rs 25,400 per 100 grams, and Rs 2,54,000 per kg, reflecting regional pricing differences.
What drives silver prices in India
Silver prices in the domestic market are influenced by global spot prices, currency movements and industrial demand trends. Local demand from jewellery, investment and industrial users also impacts daily price movements across cities.
Disclaimer: Silver prices mentioned above are indicative and exclude GST, TCS and other levies. Actual rates may vary depending on location and jeweller.