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

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.
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