Silver Prices Ease to ₹115/g on August 20: Check Silver Rates Across Major Indian Cities

Silver prices in India witnessed a decline on Wednesday, August 20, 2025, with the precious metal now trading at ₹115 per gram and ₹1,15,000 per kilogram. This marks a fall of ₹1 per gram and ₹1,000 per kilogram compared with the previous day, reflecting short-term market corrections shaped by global price trends and currency fluctuations.

Analysts highlight that silver’s domestic price remains closely tied to international rates and the rupee–dollar exchange. A weaker rupee often pushes local prices higher, while a stronger rupee can ease costs despite global stability.

Invest in Indian Markets and Unlock Future Potential With 5paisa!

Open Account Now

Silver Price Today Across Major Cities

• Silver price today in Mumbai: In Mumbai, silver rate today today is quoted at ₹1,150 per 10 grams and ₹1,15,000 per kilogram, in line with the national benchmark.
• Silver price in Delhi: Delhi matches Mumbai’s pricing at ₹1,150 per 10 grams and ₹1,15,000 per kilogram.
• Silver price in Kolkata: Kolkata also follows the national trend with silver trading at ₹1,150 per 10 grams and ₹1,15,000 per kilogram.
• Silver price in Bangalore: Bangalore mirrors metro pricing at ₹1,150 per 10 grams and ₹1,15,000 per kilogram.
• Silver price in Hyderabad: Silver is trading higher here, quoted at ₹1,250 per 10 grams and ₹1,25,000 per kilogram.
• Silver price in Kerala: Prices remain firm at ₹1,250 per 10 grams and ₹1,25,000 per kilogram, in line with Chennai and Hyderabad.
• Other cities, including Pune, Vadodara, and Ahmedabad: Silver rates are consistent with the national benchmark at ₹1,150 per 10 grams and ₹1,15,000 per kilogram.

Recent Silver Price Movements in India

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

• August 19, 2025: ₹1,171 per 10g – Up by ₹1
• August 18, 2025: ₹1,170 per 10g – Up by ₹8
• August 17, 2025: ₹1,162 per 10g – No change
• August 16, 2025: ₹1,162 per 10g – Up by ₹1
• August 15, 2025: ₹1,161 per 10g – Up by ₹1

Conclusion

As of August 20, 2025, silver prices in India have eased to ₹115 per gram, weighed down by international adjustments and domestic currency movements. While southern cities such as Chennai, Hyderabad, and Kerala continue to report higher prices, most other metros remain aligned with the national average. The recent pattern of minor gains followed by corrections underlines the ongoing volatility in the silver market, keeping investor sentiment cautious yet engaged.