.png){kind=logo}
Silver Price Today in India stands at Rs. 1,26,000/kg, touching record highs across major cities.
Silver in India has delivered nearly 38% returns in 2025, outpacing gold.
Global Silver Prices surge on strong industrial demand and Federal Reserve rate cut hopes.
Silver price today in India stands at Rs. 126 per gram and Rs. 1,26,000 per kilogram. This marks a rise of Rs. 1 per gram and Rs. 1,000 per kilogram compared with the previous trading session. Across Indian cities, the rates show some variation. In Chennai, Hyderabad, and Kerala, silver is priced at Rs. 136 per gram and Rs. 1,36,000 per kilogram, which is higher than the national average. In major hubs such as Delhi, Mumbai, Kolkata, Bangalore, Pune, Ahmedabad, and Vadodara, the price is close to the national average of Rs. 126 per gram.
In Chennai, the daily price movement shows an increase of Rs. 1 per gram and Rs. 1,000 per kilogram in just one day. This demonstrates that local demand and supply factors are also playing a role in pushing the rates higher than other regions.
Looking at the short-term trend over the past ten days, silver price has shown strong momentum with occasional dips. On September 1, the rate was Rs. 1,260 per 10 grams. On August 31, it held steady at Rs. 1,250 per 10 grams. On August 30, the price saw a sharp jump with an increase of Rs. 5,100 per kilogram, while on August 29, it fell by Rs. 100. These daily movements suggest that while the overall direction is upward, the market remains volatile and subject to quick changes.
During the month of August, silver showed a clear rising pattern. At the start of the month on August 1, the price was Rs. 1,13,000 per kilogram. By August 31, it had climbed to Rs. 1,25,000 per kilogram. The highest point was on August 30, when it touched Rs. 1,25,000 per kilogram. This represents an overall increase of more than 10 percent in a single month, which is a significant gain for a precious metal.
In the global market, silver has climbed to levels not seen in more than a decade. Prices touched $40.31 per ounce, the highest since September 2011. On September 1, global charts recorded silver at $39.81 per troy ounce, which marked a 0.26 percent daily gain and a 6.4 percent rise over the past month. Since the start of the year, the international price of silver has already gained more than 39 percent.
The main reasons behind this surge are growing expectations that the United States Federal Reserve may cut interest rates, a weakening US dollar, and rising demand for silver from industrial sectors such as electronics, solar energy, and electric vehicles. These factors together have pushed silver to levels that make it one of the best-performing commodities of the year.
Silver price in India has reached record highs in many regions. Retail markets reported prices of around Rs. 1,17,572 per kilogram in recent sessions. In Ahmedabad, silver touched Rs. 1.19 lakh per kilogram by the end of August. These levels highlight how strong the domestic rally has been.
Silver has also outperformed gold in terms of returns. Since the start of the year, silver has given around 36 to 38 percent returns, while gold has risen by about 33 to 35 percent. This performance gap shows that investors have been increasingly turning to silver as both an investment and a hedge against inflation.
Several local factors have supported this upward movement. Rising industrial demand in India, especially in the electronics and renewable energy sectors, has boosted consumption. Safe-haven buying has also played a role, as investors look to protect their wealth from global economic uncertainty and geopolitical tensions. A weaker Indian rupee has added to the pressure, making imported silver costlier and lifting domestic prices further. Strong buying from China has also supported global momentum, which is being reflected in Indian markets.
Also Read - FTSE 100 Live: Housing Sales Jump 8% and Gold Miners Rally as FTSE 100 Opens Higher
The month of August saw steady growth in silver prices. On August 1, silver was trading at Rs. 1,13,000 per kilogram. By the end of the month on August 31, it had reached Rs. 1,25,000 per kilogram. This represents a gain of more than Rs. 12,000 in a single month, which translates into a 10.6 percent rise. Such gains are considered exceptional in the commodities market and underline the strength of the current rally.
Over just three days from August 29 to September 1, the price jumped from Rs. 1,19,900 per kilogram to Rs. 1,26,000 per kilogram. This sharp rise shows the strength of current demand and the speed with which the market is reacting to global cues.
Investor sentiment in India has turned very positive towards silver. The year-to-date returns show that silver has delivered nearly 38 percent growth, especially in cities such as Ahmedabad where prices are among the highest in the country. Many traders are shifting some of their focus from gold to silver, as the returns appear more attractive in the current cycle.
The festive and wedding season, which traditionally boosts demand for precious metals, is also around the corner. This seasonal factor is expected to add more buying interest from retail consumers. For many households, silver remains more affordable than gold while still serving as a reliable store of value.
The outlook for silver remains strong, but it is not without risks. On the positive side, demand from industrial and investment sectors is expected to stay firm. The possibility of a US Federal Reserve rate cut adds further strength to global silver prices. If this materializes, silver could continue its upward march and possibly test new record highs in the Indian market.
On the domestic side, the upcoming festive season and ongoing weakness in the rupee are likely to support higher prices. Retail demand for jewelry, gifting, and investment products will also add fuel to the rally.
However, silver is known for its volatility. Sharp rallies are often followed by quick corrections as investors book profits. Global macroeconomic events, including changes in the US economy, Chinese demand patterns, and currency fluctuations, could quickly alter the trajectory. For this reason, while the trend looks positive, caution remains important.
Also Read - Best NRI Trading Account in India: Complete Guide
Silver in India on September 1, 2025, is trading at Rs. 126 per gram and Rs. 1,26,000 per kilogram, with higher prices in certain regions such as Chennai, Hyderabad, and Kerala. The past month has shown strong growth of more than 10 percent, and the year so far has delivered close to 38 percent returns, making silver one of the best-performing assets.
Internationally, silver is at its highest level in 14 years, trading near $40 per ounce, driven by expectations of interest rate cuts in the United States, a weak dollar, and rising industrial demand. The Indian market has mirrored this global strength, with local factors such as festive demand, rupee weakness, and safe-haven buying adding more momentum.
While risks of profit-booking and global economic shocks remain, the overall sentiment is bullish. Silver continues to shine brighter than gold in 2025, both as an investment asset and as a key industrial metal.
