Silver Prices Edge Up to ₹117/g on August 18: Latest City Rates Overview

Silver prices in India saw a slight increase on Monday, August 18, 2025, with the per-gram rate moving up to ₹117 and the per-kilogram rate reaching ₹1,17,000. This reflects an uptick of ₹0.80 per gram and ₹800 per kilogram compared to the previous session, indicating mild upward momentum in the domestic market.

Movements in Indian silver rates remain largely driven by international bullion trends and the rupee’s exchange rate against the US dollar. Even if global prices remain steady, a weaker rupee often makes imports costlier, thereby pushing local silver prices higher.

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Silver Price Today Across Major Cities

• Silver price today in Mumbai: In Mumbai, silver rate today matches the national average at ₹117 per gram (₹1,17,000 per kg).
• Silver price in Delhi: In line with Mumbai at ₹117 per gram (₹1,17,000 per kg).
• Silver price in Kolkata: Also steady at ₹117 per gram (₹1,17,000 per kg).
• Silver price in Bangalore: Holding firm at ₹117 per gram (₹1,17,000 per kg).
• Silver price in Hyderabad: Trades higher at ₹127 per gram (₹1,27,000 per kg).
• Silver price in Kerala: Aligns with other southern metros at ₹127 per gram (₹1,27,000 per kg).
• Silver price in Pune: Stable at ₹117 per gram (₹1,17,000 per kg).
• Silver price in Vadodara: At ₹117 per gram (₹1,17,000 per kg).
• Silver price in Ahmedabad: Also consistent at ₹117 per gram (₹1,17,000 per kg).

Recent Silver Price Movements in India

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

• August 18, 2025: ₹117/g – Up ₹0.80 | ₹1,17,000/kg (+₹800)
• August 17, 2025: ₹116.20/g – No change | ₹1,16,200/kg (0)
• August 16, 2025: ₹116.20/g – Up ₹1 | ₹1,16,200/kg (+₹100)
• August 15, 2025: ₹116.10/g – Up ₹1 | ₹1,16,100/kg (+₹100)
• August 14, 2025: ₹116/g – Up ₹10 | ₹1,16,000/kg (+₹1,000)
• August 13, 2025: ₹115/g – No change

Conclusion

As of August 18, 2025, silver prices in India have inched higher after a largely stable trend in recent sessions. Southern cities like Chennai, Hyderabad, and Kerala continue to command a premium over the national average, underpinned by stronger regional demand. Going forward, silver rates are expected to remain sensitive to the rupee’s movement against the US dollar and fluctuations in global bullion markets.