Silver Prices in Mumbai Slip Further to ₹100.40 per Gram: Lacklustre Trend Continues!

resr 5paisa Research Team

Last Updated: 30th April 2025 - 11:46 am

2 min read

Silver Price in Mumbai Declines Slightly

At 10:30 AM on April 29, 2025, the silver price in Mumbai witnessed a mild dip following recent trends. Prices have decreased slightly compared to the previous close.

Here's how the silver rate today is shaping up across major Indian cities:

  • Silver Price Today in Mumbai: In Mumbai, the silver price today has continued to weaken. The current silver rate is ₹100.40 per gram.
  • Silver Price Today in Chennai: In Chennai, the silver price today stands stronger. The current silver rate is ₹110.90 per gram.
  • Silver Price Today in Bangalore: The silver price today in Bangalore is ₹100.40 per gram, similar to Mumbai’s movement.
  • Silver Price Today in Hyderabad: In Hyderabad, the silver rate today is ₹110.90 per gram, consistent with Chennai and Kerala.
  • Silver Price Today in Kerala: The silver price today in Kerala is ₹110.90 per gram, reflecting strong alignment with Hyderabad and Chennai.

Recent Silver Price Trends in Mumbai

Silver has remained volatile over the past few sessions, with today's price slip on April 29. Here’s a quick look at the recent trend over the past few days:

  • April 29: Silver price eased to ₹100.40 per gram.
  • April 28: Silver price was ₹100.50 per gram.
  • April 27: Silver price stayed at ₹101.90 per gram.
  • April 26: Silver price was ₹101.90 per gram.
  • April 25: Silver price remained at ₹100.90 per gram.
  • April 24: Silver price stayed at ₹100.90 per gram.
  • April 23: Silver price stood at ₹101.00 per gram.
  • April 22: Silver price remained steady at ₹101.00 per gram.
  • April 21: Silver price increased slightly to ₹101.00 per gram.
  • April 20: Silver price held at ₹100.00 per gram.

Conclusion

After stabilizing around ₹101 per gram, silver prices in Mumbai have continued to correct slightly, now standing at ₹100.40 per gram today.
The overall trend in April 2025 shows a mild weakness as compared to earlier months. Despite global cues, silver demand remains steady across India. Investors are watching global economic data and metal market trends closely to gauge future movements.

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