Silver Prices in Mumbai Slip to ₹100 per Gram: Subdued Trend Continues!

resr 5paisa Research Team

Last Updated: 30th April 2025 - 12:47 pm

2 min read

Silver Price in Mumbai Declines Slightly

At 12:10 PM on April 30, 2025, the silver price in Mumbai witnessed a mild dip, aligning with the ongoing lacklustre trend. Prices have decreased slightly compared to the previous session.

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 per gram.
  • Silver Price Today in Chennai: In Chennai, the silver price today stands stronger. The current silver rate is ₹109 per gram.
  • Silver Price Today in Bangalore: The silver price today in Bangalore is ₹100.40 per gram, moving in line with Mumbai.
  • Silver Price Today in Hyderabad: In Hyderabad, the silver rate today is ₹109 per gram, consistent with Chennai and Kerala.
  • Silver Price Today in Kerala: The silver price today in Kerala is ₹109 per gram, reflecting alignment with Hyderabad and Chennai.

Recent Silver Price Trends in Mumbai

Silver has remained range-bound over the past few sessions, with today’s price dip on April 30. Here’s a quick look at the recent trend over the past few days:

  • April 29: Silver price declined to ₹109 per gram.
  • April 28: Silver price declined to ₹100 per gram.
  • April 27: Silver price was ₹100.40 per gram.
  • April 26: Silver price stood at ₹101.90 per gram.
  • April 25: Silver price remained at ₹101.90 per gram.

Conclusion

After hovering around ₹101 per gram, silver prices in Mumbai have now dipped to ₹100 per gram today.
The overall price trend in April 2025 suggests subdued performance. While global cues remain mixed, domestic demand for silver stays resilient across India. Investors are closely watching both local market sentiment and international developments to anticipate the next move in silver prices.

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