Silver Price in India Today, May 12, 2025: Rates Drop to ₹97.90 per Gram Amid Global Softness

resr 5paisa Research Team

Last Updated: 13th May 2025 - 12:10 pm

2 min read

As of 10:40 AM on May 12, 2025, silver prices in India have declined to ₹97.90 per gram, reflecting a drop of ₹1.10 compared to the previous session. The dip is attributed to softening global silver rates and a stronger rupee, which has made imports slightly cheaper.

  • Silver price today in Mumbai: Silver rate today has dropped to ₹97.90 per gram, down from yesterday’s ₹99.00 per gram.
  • Silver Price Today in Delhi: Mirrors Mumbai’s trend with the price at ₹97.90 per gram.
  • Silver Price Today in Bangalore: Bangalore follows the national average at ₹97.90 per gram today.
  • Silver Price Today in Chennai: Chennai continues to trade at a premium, quoting silver at ₹109.00 per gram.
  • Silver Price Today in Hyderabad: Hyderabad stays aligned with Chennai’s premium, with silver priced at ₹109.00 per gram.
  • Silver Price Today in Kerala: Kerala maintains its premium pricing, also listing silver at ₹109.00 per gram.

Recent Silver Price Trends in India

Following are the latest trends in silver prices over the past several sessions:

  1. May 12: Silver price today stands at ₹97.90 per gram
  2. May 11: Silver was priced at ₹99.00 per gram
  3. May 10: Silver remained steady at ₹99.00 per gram
  4. May 9: Silver held at ₹99.00 per gram
  5. May 8: Silver stood at ₹99.00 per gram
  6. May 7: Silver stood at ₹99.00 per gram
  7. May 6: Silver declined to ₹96.90 per gram

Conclusion

The silver rate today (May 12) in India reflects a slight downward correction, now at ₹97.90 per gram. Cities like Mumbai, Delhi, Bangalore, Pune, and Ahmedabad are aligned with this trend, while southern cities such as Chennai, Hyderabad, and Kerala continue to trade silver at a higher premium of ₹109.00 per gram. With global price pressures and rupee appreciation at play, silver investors are monitoring closely for new entry points or a trend reversal in the near term.

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