Silver Price Today 05 July 2026: Know the price of silver today in other major cities of the country including Ahmedabad, Vadodara, Surat, Rajkot and Mumbai.
Silver Prices Today: Indian commodity market has seen a sharp drop in silver prices today. Shocking news for investors and jewelery enthusiasts is that silver prices in India today touched the level of ₹ 250.00 per gram and ₹ 2,50,000 per kg. Along with gold, this boom-and-bust in silver has also made the market analysts think.
How is the price determined?
Silver prices in India mainly depend on the movements in the international market. Fluctuations in silver prices on the London Metal Exchange and other global markets have a direct impact on the domestic market. Demand for silver continues to rise globally as it is used not only for jewelry, but also in the industrial sector (especially in solar panels and electronics) on a large scale.
The value of the rupee and the role of the dollar
Apart from international prices, another important factor for the rise in silver prices is the ‘rupee vs. dollar’. India imports most of its silver requirements. If prices remain stable in the international market but the Indian rupee weakens against the US dollar, imports become more expensive. In this situation, Indian consumers have to pay more to buy silver. Currently, the Indian rupee is under pressure due to the global economic situation and the strength of the dollar, the direct impact of which is seen in the price of ₹ 2,50,000 today.
Impact on consumers and investors
As the wedding season is about to begin, this skyrocketing price of silver can disrupt the budget of middle-class families. However, silver is still considered a safe option for investors. According to experts, if geo-political tensions increase in the near future, the prices may increase further.
What to look out for when buying?
Customers are advised to always buy hallmarked silver and check the official market price of the day before buying. Final price may vary slightly due to GST and making charges.
Today’s silver price
| Gram | Today | Yesterday | Change |
| 1 | ₹250 | ₹250 | 0 |
| 8 | ₹2,000 | ₹2,000 | 0 |
| 10 | ₹2,500 | ₹2,500 | 0 |
| 100 | ₹25,000 | ₹25,000 | 0 |
| 1000 (1 Kg) | ₹2,50,000 | ₹2,50,000 | 0 |
Silver prices in major cities
| City | 10 Gram | 100 Gram | 1 Kg |
| Chennai | ₹2,600 | ₹26,000 | ₹2,60,000 |
| mumbai | ₹2,500 | ₹25,000 | ₹2,50,000 |
| Delhi | ₹2,500 | ₹25,000 | ₹2,50,000 |
| Kolkata | ₹2,500 | ₹25,000 | ₹2,50,000 |
| Bangalore | ₹2,500 | ₹25,000 | ₹2,50,000 |
| Hyderabad | ₹2,600 | ₹26,000 | ₹2,60,000 |
| Kerala | ₹2,600 | ₹26,000 | ₹2,60,000 |
| Pune | ₹2,500 | ₹25,000 | ₹2,50,000 |
| They’re gone | ₹2,500 | ₹25,000 | ₹2,50,000 |
| Ahmedabad | ₹2,500 | ₹25,000 | ₹2,50,000 |
