Silver Price in India Today (May 23, 2025): Drops to ₹100 per Gram Across Major Cities

resr 5paisa Research Team

Last Updated: 23rd May 2025 - 11:48 am

2 min read

As of 11:20 AM on May 23, 2025, silver prices in India have dipped to ₹100.00 per gram, marking a ₹1.00 decline from the previous session. This slight drop is attributed to subdued international cues and marginal strengthening of the Indian rupee against the U.S. dollar.

Silver Price Today

  • Silver price today in Mumbai: Silver rate today has dropped to ₹100.00 per gram, reflecting a ₹1.00 decrease from yesterday’s level.
  • Silver Price Today in Delhi: Delhi follows suit, with silver priced at ₹100.00 per gram, down ₹1.00.
  • Silver Price Today in Bangalore: Bangalore mirrors Mumbai’s trend, with silver trading at ₹100.00 per gram.
  • Silver Price Today in Chennai: Chennai maintains its premium, quoting silver at ₹111.00 per gram.
  • Silver Price Today in Hyderabad: Silver stays elevated in Hyderabad, priced at ₹111.00 per gram.
  • Silver Price Today in Kerala: Kerala continues its premium pricing, with silver standing at ₹111.00 per gram today.
  • Silver Price Today in Other Major Cities: Pune, Vadodara, and Ahmedabad have all reported silver prices at ₹100.00 per gram.

Recent Silver Price Trends in India

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

  • May 23: Silver price today fell to ₹100.00 per gram.
  • May 22: Silver price today rose to ₹101.00 per gram
  • May 21: Silver was priced at ₹100.00 per gram.
  • May 20: Silver dropped to ₹97.00 per gram.
  • May 19: Silver increased to ₹98.00 per gram.
  • May 18: Silver remained steady at ₹97.00 per gram.
  • May 17: Silver stayed unchanged at ₹97.00 per gram.

Conclusion

Today's silver rate (May 23) in India has eased to ₹100.00 per gram, reflecting a ₹1.00 drop from the previous session. The decline is largely driven by weakening global prices and a firmer Indian rupee. Major cities like Mumbai, Delhi, Bangalore, Pune, and Ahmedabad are aligned with this fall, whereas southern cities such as Chennai, Hyderabad, and Kerala continue to command a premium at ₹111.00 per gram. With market sentiments fluctuating due to international dynamics and currency strength, silver prices are expected to stay volatile, offering active opportunities for both investors and traders.

FREE Trading & Demat Account
Open FREE Demat Account with endless opportunities.
  • Flat ₹20 Brokerage
  • Next-gen Trading
  • Advanced Charting
  • Actionable Ideas
+91
''
 
By proceeding, you agree to our T&Cs*
Mobile No. belongs to
hero_form

Disclaimer: Investment in securities market are subject to market risks, read all the related documents carefully before investing. For detailed disclaimer please Click here.

Open Free Demat Account

Be a part of 5paisa community - The first listed discount broker of India.

+91

By proceeding, you agree to all T&C*

footer_form