Silver Prices Slip to ₹113.90/g on July 18: Check Latest City-Wise Rates Across India

Silver prices in India witnessed a mild decline on Friday, July 18, 2025, with the metal now trading at ₹113.90 per gram or ₹1,13,900 per kilogram. This marks a ₹0.10 per gram drop from the previous session, continuing the softening trend seen earlier this week. The dip reflects a slight weakness in international silver markets and the rupee’s stable performance against the U.S. dollar. Market watchers note that silver price movements continue to be influenced by a combination of global cues and currency fluctuations.

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Silver Price Today

• Silver price today in Mumbai: The Silver rate today stands at ₹113.90 per gram in Mumbai, down ₹0.10 from Thursday’s price.
• Silver price in Delhi: Matching the national average, silver is at ₹113.90 per gram in the capital.
• Silver price in Bangalore: Bangalore follows the same trend, quoting silver at ₹113.90 per gram.
• Silver price in Chennai: Premium pricing continues in Chennai with silver priced at ₹123.90 per gram.
• Silver price in Hyderabad: Hyderabad maintains its higher rate of ₹123.90 per gram, in line with southern market patterns.
• Silver price in Kerala: Kerala also lists silver at ₹123.90 per gram, reflecting the region’s traditionally higher rates.

Recent Silver Price Movements in India

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

• July 17, 2025: ₹114.00/g – No change
• July 16, 2025: ₹114/g – Down by ₹1
• July 15, 2025: ₹119/g – Up by ₹4
• July 14, 2025: ₹115/g – No change
• July 13, 2025: ₹115/g – No change
• July 12, 2025: ₹115/g – Up by ₹4
• July 11, 2025: ₹111/g – Up by ₹1

Despite today’s modest dip, silver prices have broadly remained firm this month, with net gains observed over the past two weeks.

Conclusion

As of July 18, 2025, silver prices in India have softened slightly, mirroring global silver market cues and a steady rupee. While the fall is marginal, traders and investors will continue to keep an eye on industrial demand, currency volatility, and global inflation data. Silver continues to appeal as both a safe-haven asset and a key industrial metal, offering a balanced mix for investors and manufacturers alike.