Silver Prices Ease to ₹118/g on July 24: Check Rates Across Key Cities

Silver prices in India recorded a slight dip on Thursday, July 24, 2025, with the metal now trading at ₹118 per gram or ₹1,18,000 per kilogram. This ₹1 decline from yesterday’s ₹119 marks the first drop after a few sessions of steady to rising prices. The movement reflects routine market fluctuations rather than a sharp trend shift. Southern cities like Chennai, Hyderabad, and Kerala continue to command higher rates, while metro hubs such as Mumbai, Delhi, and Bangalore remain aligned with the national average.

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Silver Price Today

• Silver price today in Mumbai: The Silver rate today is at ₹118.00 per gram, down by ₹1 from Wednesday.
• Silver price in Delhi: The national capital reports silver at ₹118.00 per gram, matching the broader trend.
• Silver price in Bangalore: Silver rates in Bangalore remain at ₹118.00 per gram, mirroring other metros.
• Silver price in Chennai: Chennai retains premium pricing with silver at ₹128.00 per gram.
• Silver price in Hyderabad: In Hyderabad, silver is also quoted at ₹128.00 per gram.
• Silver price in Kerala: Kerala matches southern counterparts, trading at ₹128.00 per gram.
   

Recent Silver Price Movements in India

Here’s a quick look at silver price fluctuations over the past few sessions, leading up to July 24:

• July 24, 2025: ₹118/g – Down by ₹1
• July 23, 2025: ₹119/g – Up by ₹1
• July 22, 2025: ₹118/g – Up by ₹2
• July 21, 2025: ₹116/g – No change
• July 20, 2025: ₹116/g – No change
• July 19, 2025: ₹116/g – Up by ₹2.10
   

Conclusion

As of July 24, 2025, silver prices across India have eased slightly to ₹118 per gram, with southern markets continuing to hold a premium rate of ₹128 per gram. The recent price pattern suggests a period of small adjustments rather than any strong trend in either direction. Market participants will be watching for short-term movements as prices have stayed within a narrow range over the past week.