Silver Prices Hold Steady at ₹117/g on August 11: Check Latest City Rates

Silver prices across India remained unchanged on Monday, August 11, 2025, with the per-gram rate steady at ₹117 and the per-kilogram price at ₹1,17,000. This stability follows a week of muted movement in the bullion market, signalling a period of consolidation. Southern cities such as Chennai, Hyderabad, and Kerala continue to command higher rates compared to the national average, largely due to stronger local demand and cultural preferences.

Domestic silver prices are shaped by global spot market trends and the Indian rupee’s exchange rate against the US dollar. Even if international prices hold steady, a weaker rupee can make silver costlier for Indian buyers, underlining the role of currency fluctuations in price determination.

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Silver Price Today Across Major Cities

• Silver price today in Mumbai: In Mumbai, silver rate today is ₹117 per gram, in line with the national benchmark.
• Silver price in Delhi: ₹117 per gram, matching the average rate.
• Silver price in Bangalore: Parity at ₹117 per gram, reflecting metro-wide parity.
• Silver price in Chennai: Trades at a premium of ₹127 per gram.
• Silver price in Hyderabad: Continues at ₹127 per gram.
• Silver price in Kerala: Matches other southern cities at ₹127 per gram.
• Silver price in Pune: In sync with the national rate at ₹117 per gram.
• Silver price in Vadodara: Silver is priced at ₹117 per gram.
• Silver price in Ahmedabad: Mirrors Vadodara at ₹117 per gram.

Recent Silver Price Movements in India

Here’s a quick look at silver price fluctuations over the past few sessions:

• August 11, 2025: ₹117/g – No change
• August 10, 2025: ₹117/g – No change
• August 9, 2025: ₹117/g – No change
• August 8, 2025: ₹117/g – No change
• August 7, 2025: ₹117/g – No change

Prices have remained flat over the past several sessions, indicating a phase of market stability with minimal volatility.

Conclusion

As of August 11, 2025, silver prices in India remain steady at ₹117 per gram, reflecting a stable period for the bullion market. The persistence of higher prices in southern cities highlights regional demand patterns, while the broader national rate continues to be guided by international market trends and the rupee’s movement against the US dollar. In the near term, global economic cues and currency shifts will likely be the key drivers for price direction.