Silver Price Today in India: All You Need to Know
Silver has long been a favored asset in India — not just for its aesthetic and cultural value, but also as a reliable investment. Whether you're planning to buy silver jewellery, utensils, or invest in silver coins and bars, knowing the silver price today is essential.
In this blog, we bring you the latest silver prices, factors influencing silver rates, and whether now is a good time to buy or hold silver.
Silver Price Today (June 5, 2025) – City-wise Rate Per 1 Kg
| City | Silver Price Today (₹/kg) |
|---|---|
| Delhi | ₹1,04,000 |
| Mumbai | ₹1,04,000 |
| Chennai | ₹1,14,000 |
| Kolkata | ₹1,04,000 |
| Bengaluru | ₹1,04,000 |
| Hyderabad | ₹1,14,000 |
| Ahmedabad | ₹1,04,000 |
💡 Note: Prices may vary slightly depending on jewellers, local taxes, and making charges.
What Affects Silver Price Today?
Several factors impact the silver price today, both in domestic and global markets. Here are the key influencers:
1. International Silver Prices
Silver is a globally traded commodity. Prices on the London Bullion Market and COMEX (New York) heavily influence local silver rates in India.
2. Dollar-Rupee Exchange Rate
As silver is traded in US dollars, the value of the Indian Rupee against the US Dollar plays a key role. A weaker rupee generally makes silver more expensive in India.
3. Inflation and Interest Rates
During inflation or economic uncertainty, investors turn to silver as a safe-haven asset, increasing its demand and price.
4. Industrial Demand
Silver is widely used in electronics, solar panels, and other industrial applications. Rising demand in these sectors can push up silver prices.
5. Festive and Wedding Season
In India, silver demand typically rises during festivals like Diwali and Akshaya Tritiya, and in the wedding season, leading to higher prices.
Silver vs. Gold – Which Is Better for Investment?
| Feature | Silver | Gold |
|---|---|---|
| Price | More affordable | Expensive |
| Volatility | Higher | Relatively stable |
| Liquidity | Moderate | High |
| Industrial Use | Widely used | Limited |
If you're a small or first-time investor, silver is a great way to start building your precious metal portfolio.
Should You Buy Silver Today?
Whether to buy silver now depends on your goal:
- For Investment: Prices are trending upward, but silver still remains undervalued compared to gold. It’s a good long-term buy.
- For Usage: If you're buying for a wedding or festival, keep an eye on price trends and consider buying early to avoid seasonal spikes.
- For Trading: Monitor international news, US Fed decisions, and dollar movements.
Forms in Which You Can Buy Silver
- Jewellery and Utensils
- Coins and Bars (Physical Silver)
- Digital Silver (through apps like Paytm, PhonePe)
- Silver ETFs and Mutual Funds
- Silver Futures (for advanced investors)
Expert Tip: How to Track Silver Price Daily
To stay updated with the silver price today, you can:
- Check reliable financial websites like MCX, Kitco, or Investing.com
- Download apps like MoneyControl or BullionIndia
- Follow market updates on business news channels like CNBC, ET Now, and Bloomberg
Conclusion
Keeping track of the silver price today is crucial whether you're buying for investment or personal use. With rising industrial demand and global uncertainties, silver is gaining prominence as a valuable asset. By understanding the factors influencing silver rates, you can make smarter buying decisions and optimize your investment portfolio.
Stay updated, and make your next silver purchase count!