Silver Prices unchanged to ₹113/g on August 4: Check Silver Rates in Major Indian Cities

Silver prices in India remained unchanged on Monday, August 4, 2025, with the metal trading at ₹113 per gram or ₹1,13,000 per kilogram. The rates have stayed flat for the third consecutive day, reflecting a temporary pause in recent price volatility. While southern cities like Chennai, Hyderabad, and Kerala continue to quote higher prices, most other metro cities remain aligned with the national average.

International spot market trends and currency movements continue to play a crucial role in domestic silver pricing. The rupee’s performance against the US dollar and global demand-supply trends are expected to determine future price action.

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Silver Price Today Across Major Cities

• Silver price today in Mumbai: In Mumbai, silver rate today is priced at ₹113 per gram, showing a ₹2 decline from Thursday.
• Silver price in Delhi: Delhi also records silver rates at ₹113 per gram, in line with the national average.
• Silver price in Bangalore: Bangalore continues to mirror metro trends, quoting ₹113 per gram.
• Silver price in Chennai: Chennai trades at a higher rate, with silver priced at ₹123 per gram.
• Silver price in Hyderabad: Hyderabad maintains its elevated rate of ₹123 per gram, similar to other southern cities.
• Silver price in Kerala: Kerala also sees silver quoted at ₹123 per gram, matching Chennai and Hyderabad.

Recent Silver Price Movements in India

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

• August 1, 2025: ₹113/g – Down by ₹2
• July 31, 2025: ₹115/g – Down by ₹2
• July 30, 2025: ₹117/g – Up by ₹1
• July 29, 2025: ₹116/g – No change
• July 28, 2025: ₹116/g – No change
• July 27, 2025: ₹116/g – No change

Silver rates have largely moved within a narrow range over the past week, with brief upward spikes and minor corrections.

Conclusion

As of August 4, 2025, silver prices in India remain flat at ₹113 per gram. The stability follows a brief decline observed last week. Southern cities continue to command a higher premium, likely due to regional demand patterns. Market participants are now eyeing international triggers and currency movements for further price direction in the coming days.