The silver rate today in India is ₹99.60 per gram, showing stability over the last few days. Silver remains a preferred investment option and is widely used in jewelry, industrial applications, and investment portfolios. Being one of the largest markets for silver globally, India witnesses fluctuating silver prices influenced by international trends, local demand, and market dynamics.

Current Silver Prices in India

The latest silver prices for 10 grams, 100 grams, and 1 kg across major Indian cities are as follows:

City10 Gram100 Gram1 Kg
Delhi₹995₹9,950₹99,500
Mumbai₹988₹9,880₹98,800
Kolkata₹1,003₹10,030₹1,00,300
Chennai₹1,066₹10,660₹1,06,600
Bangalore₹985₹9,850₹98,500
Hyderabad₹1,072₹10,720₹1,07,200
Pune₹998₹9,980₹99,800
Jaipur₹999₹9,990₹99,900
Ahmedabad₹983₹9,830₹98,300
Lucknow₹1,004₹10,040₹1,00,400
Patna₹996₹9,960₹99,600
Indore₹996₹9,960₹99,600
Coimbatore₹1,068₹10,680₹1,06,800

Highest and Lowest Silver Prices Today

The highest silver price today is in Hyderabad, where 1 kg of silver costs ₹1,07,200. On the other hand, the lowest silver price today is in Ahmedabad, where 1 kg of silver is priced at ₹98,300. These variations are influenced by local taxes, demand, and transportation costs.

Why Is It Important to Track Silver Rates?

For investors and buyers, keeping a close eye on the silver rate today ensures they make well-informed purchasing decisions. Whether you’re buying silver as an investment or for personal use, checking the latest rates helps secure the best value for your money.

Silver as an Investment Option

Silver is considered a safe investment during uncertain economic times. With steady demand in India’s jewelry and industrial sectors, silver offers excellent value as a hedge against inflation. Staying updated with daily silver prices empowers investors to time their purchases effectively.

For more information on silver rates, including trends and insights, visit: https://ipoinsights.in/silver-rates/.

FAQs About Silver Rate Today

What is the silver rate today in India (January 23, 2025)?

The silver rate today in India is ₹99.60 per gram. The prices vary across cities depending on local market factors such as demand, supply, and taxes.

Which city has the highest silver price today?

The highest silver price today is in Hyderabad, where 1 kg of silver is priced at ₹1,07,200.

Which city has the lowest silver price today?

The lowest silver price today is in Ahmedabad, where 1 kg of silver costs ₹98,300.

Why does the silver price vary across cities in India?

Silver prices vary across cities due to differences in local taxes, transportation costs, and demand and supply in regional markets.

How often does the silver price change?

The silver price can change multiple times during the day, depending on international market trends, currency fluctuations, and other economic factors.

Is silver a good investment option?

Yes, silver is considered a reliable investment. It serves as a hedge against inflation, is widely used in industries, and has strong demand in the jewelry sector, making it a stable choice for investors.

How can I check the latest silver rates in my city?

You can stay updated with live silver prices for your city by visiting trusted websites like IPO Insights or checking with local jewelers and market sources.

What factors influence the silver rate in India?

Key factors influencing the silver rate in India include:
International silver prices
Currency exchange rates (USD to INR)
Industrial demand
Import duties and taxes
Local market demand and supply

What is the difference between silver prices for jewelry and investment purposes?

The price of silver for jewelry often includes making charges and taxes, whereas the silver rate for investment (e.g., coins or bars) typically reflects the market rate with minimal additional costs.

Where can I find historical silver rate trends in India?

Historical silver rate trends can be found on finance and investment websites, or you can visit IPO Insights for detailed updates on silver prices.

How can I get the best value when buying silver?

To get the best value, compare silver rates today across cities, check for live prices from reliable sources, and purchase from trusted jewelers or certified dealers.

Is the silver price affected by global factors?

Yes, global factors such as fluctuations in international silver prices, geopolitical events, and economic conditions impact the silver rate in India.

Why is silver popular in India?

Silver is widely used in India for jewelry, religious ceremonies, and as a safe investment option. Its affordability compared to gold also makes it a preferred choice for many buyers.

How can I invest in silver?

You can invest in silver through coins, bars, jewelry, or exchange-traded funds (ETFs). It’s advisable to monitor the silver rate today before making a purchase.

Where can I find live updates on the silver rate?

For live updates and detailed information about silver prices, visit https://ipoinsights.in/silver-rates/.

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