Silver prices remained steady on Thursday, April 16, after witnessing a sharp rise in recent sessions. In the national capital, silver is currently trading at ₹2.70 lakh per kilogram, making it one of the most actively tracked commodities among investors.
If you’re planning to invest in silver or buy jewellery, here’s a complete update on the latest rates across major cities in India.
Latest Silver Prices in India
Price per kg (Delhi): ₹2,70,000
- Price per 10 grams: ₹2,700
After a strong rally recently, silver prices are holding steady today, giving buyers a chance to assess the market before making a move.
City-Wise Silver Rate (April 16, 2026)
| City | Price (10g ₹) | Price (1 kg ₹) |
|---|---|---|
| Delhi | 2,700 | 2.70 lakh |
| Mumbai | 2,700 | 2.70 lakh |
| Kolkata | 2,700 | 2.70 lakh |
| Chennai | 2,700 | 2.70 lakh |
| Bengaluru | 2,700 | 2.70 lakh |
| Hyderabad | 2,700 | 2.70 lakh |
| Ahmedabad | 2,700 | 2.70 lakh |
| Jaipur | 2,700 | 2.70 lakh |
| Lucknow | 2,700 | 2.70 lakh |
| Patna | 2,700 | 2.70 lakh |
Note: Chennai had earlier seen slightly higher prices, but currently most cities are aligned at similar levels.
Recent Trend in Silver Prices
- Prices jumped by ₹15,000 per kg just a day earlier
- In April alone, silver has surged by nearly ₹20,000 per kg
- Currently showing stable movement after volatility
This trend highlights strong demand and market fluctuations in precious metals.
Why Silver Is Gaining Popularity
Silver continues to be a preferred investment option in India due to:
- Lower price compared to gold
- Wide usage in jewellery, coins, utensils, and idols
- Dual demand from investment and industrial sectors
- Easier entry point for small investors
Gold Prices Also on the Rise
Alongside silver, gold prices are also trending upward:
- 24K Gold (10g, Delhi): ₹1,55,720 (+₹220)
- 22K Gold (10g, Delhi): ₹1,42,750 (+₹200)
Over the past three days:
- 24K gold has gained ₹3,110
- 22K gold has risen ₹2,850
Things to Keep in Mind Before Buying
- Prices may vary slightly due to GST and making charges
- Always check real-time local rates
- Choose between coins, bars, or jewellery based on your purpose
Final Takeaway
Silver prices are currently stable after a sharp rally, making it a crucial time for buyers and investors to track trends closely. With increasing demand and rising prices, silver continues to remain a strong and accessible investment option in India.
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