Silver prices in India rose marginally on Wednesday, October 29, following global market cues. The price per gram increased by ₹1, while the price per kilogram went up by ₹1,000, reflecting mild buying interest in the precious metal.
Domestic Silver Prices
According to Goodreturns data, the price of silver today stands at ₹152 per gram and ₹1,52,000 per kilogram, marking a slight uptick compared to yesterday’s levels.
| Quantity | Today’s Price (₹) | Yesterday’s Price (₹) | Change (₹) |
|---|---|---|---|
| 1 gram | ₹152 | ₹151 | +₹1 |
| 8 grams | ₹1,216 | ₹1,208 | +₹8 |
| 10 grams | ₹1,520 | ₹1,510 | +₹10 |
| 100 grams | ₹15,200 | ₹15,100 | +₹100 |
| 1 kilogram | ₹1,52,000 | ₹1,51,000 | +₹1,000 |
City-wise Silver Rates (October 29, 2025)
| City | 10 gram | 100 gram | 1 kilogram |
|---|---|---|---|
| Chennai | ₹1,660 | ₹16,600 | ₹1,66,000 |
| Mumbai | ₹1,520 | ₹15,200 | ₹1,52,000 |
| Delhi | ₹1,520 | ₹15,200 | ₹1,52,000 |
| Kolkata | ₹1,520 | ₹15,200 | ₹1,52,000 |
| Bangalore | ₹1,520 | ₹15,200 | ₹1,52,000 |
| Hyderabad | ₹1,660 | ₹16,600 | ₹1,66,000 |
| Kerala | ₹1,660 | ₹16,600 | ₹1,66,000 |
| Pune | ₹1,520 | ₹15,200 | ₹1,52,000 |
| Vadodara | ₹1,520 | ₹15,200 | ₹1,52,000 |
| Ahmedabad | ₹1,520 | ₹15,200 | ₹1,52,000 |
Market Context
The movement in silver prices mirrors trends in international markets, where mild optimism around global trade developments and expectations of steady interest rates have led to subdued volatility in bullion demand.
Analysts note that while gold prices saw minor weakness earlier in the week, silver has remained relatively firm, supported by its dual role as both a precious and industrial metal.
Outlook
Silver prices are expected to move in a narrow range in the near term, tracking global cues and industrial demand trends. Traders will closely watch US economic data and central bank updates for further direction.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Commodity market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
