Silver Prices Steady at ₹116/g on July 28: Check City-Wise Rates Across India

Silver prices in India remained unchanged on Monday, July 28, 2025, with the metal trading flat at ₹116 per gram or ₹1,16,000 per kilogram. The lack of movement continues the trend of market consolidation observed over the past few days. The stability reflects a mix of international silver price behaviour and the rupee’s positioning against the U.S. dollar. Analysts suggest that silver pricing remains sensitive to global macroeconomic shifts and currency volatility.

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Silver Price Today

• Silver price today in Mumbai: The Silver rate today is quoted at ₹116 per gram in Mumbai, unchanged from the previous day.
• Silver price in Delhi: Delhi matches the national average at ₹116 per gram.
• Silver price in Bangalore: Silver holds steady at ₹116 per gram in Bangalore.
• Silver price in Chennai: Premium rates continue in Chennai, with silver priced at ₹126 per gram.
• Silver price in Hyderabad: Consistent with the southern market trend, silver trades at ₹126 per gram.
• Silver price in Kerala: Silver is also priced at ₹126 per gram in Kerala.
• Silver price in Pune: Pune lists silver at ₹116 per gram.
• Silver price in Vadodara: The rate remains flat at ₹116 per gram.
• Silver price in Ahmedabad: Silver continues at ₹116 per gram in Ahmedabad.
• Silver price in Kolkata: Kolkata’s silver price is unchanged at ₹116 per gram.

Recent Silver Price Movements in India

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

• July 28, 2025: ₹116/g – No change
• July 27, 2025: ₹116/g – No change
• July 26, 2025: ₹116/g – Down by ₹2,000/kg
• July 22, 2025: ₹118/g – Up by ₹2,000/kg
• July 21, 2025: ₹116/g – No change

Despite minor swings, silver prices have hovered within a narrow band throughout the second half of July, with temporary gains counterbalanced by corrections.

Conclusion

As of July 28, 2025, silver prices in India continue to show signs of consolidation. With the rupee stable against the dollar and no major shifts in global silver rates, domestic pricing has remained resilient. Looking ahead, traders will monitor global industrial demand, inflationary updates, and forex trends. Silver retains its dual appeal—as a reliable investment asset and a critical industrial metal—making it a steady component of diversified portfolios.