- By Shreyansh Mangla
- Mon, 13 Oct 2025 01:39 PM (IST)
- Source:JND
Silver Price Today: Silver prices reached new highs on Monday as the metal reportedly rose around 1.1 per cent to approach USD 51 an ounce. Silver prices now stand at approximately Rs 1,799 per 10 grams. Whereas gold stands at an all-time high of Rs 1,15,886 per 10 grams.
From the previous day's close, the prices of standard silver (99.9 per cent purity) experienced a minor climb. Here are the increased prices from yesterday: One gram of silver stands at Rs 179.90, which is a increase of Rs 0.10, while 8 grams stand at Rs 1,439.20, a increase of Rs 0.80. While 10 grams stands at Rs 1,799, which is a increase of Rs 1. While 100 grams of silver stands at Rs 17,990, a increase of Rs 10. The price per kilogram stands at Rs 1,79,900 (a increase of Rs 100).
Silver Rate Today in Delhi, Mumbai, Chennai, Kolkata and Other Cities
The rates for 1 kg of silver are different for different cities in India.
- In metro cities such as Mumbai, Delhi, Kolkata, Pune, Ahmedabad and Jaipur, the price for 1 kg of silver is Rs 1,70,600.
- In cities such as Bangalore, Mangalore, Mysore and Davanagere, the rate for 1 kg of silver is Rs 1,32,000.
- In southern cities such as Chennai, Hyderabad, Kerala, Coimbatore and Vijayawada, the price for 1 kg of silver stands at Rs 1,30,600.
Market Outlook and Futures
A rise in silver prices is attributed to strong market fundamentals. Tata Mutual Fund's "Silver Outlook" report states that there has been a robust investment in silver products. The price for 1 kg of silver varies across different states in India, costing around Rs 1,70,600 in major cities like Mumbai and Delhi, while being cheaper in southern cities like Chennai at about Rs 1,30,600.
Key reasons for price rise
The high prices are expected to continue rising for a few key reasons. One is that people want to buy silver as an investment more than it is being mined, while industries need more of the silver for making products such as electronics and solar panels.
Due to the high demand and lower supply, some experts believe that silver prices could grow much faster than gold. This optimism is based on the positive sentiments of the trading markets, where investors have pushed the prices for silver to be delivered in December 2025 for up to Rs 1,52,427 per kilogram, showing strong investor confidence in the fact that prices will continue to climb.
Investors are betting that the price of silver will be much higher in the future. The agreed-upon price for silver to be delivered in December 2025 jumped by nearly Rs 6,000 in a single day, reaching a new high of Rs 1,52,427 per kilogram.
On the MCX, the price of silver for delivery in December 2025 rose by 4.07 per cent as prices went up by Rs 5,961, reaching a new price of Rs 1,52,427 per kilogram. The previous price was Rs 1,46,466 per kilogram.