Silver Prices Tick Up to ₹116/g on August 6: Check Latest City Rates

Silver prices in India moved slightly higher on Wednesday, August 6, 2025, with the per-gram rate rising to ₹116 and the per-kilogram rate reaching ₹1,16,000. This ₹1 increase follows a ₹2 gain on August 5 and reflects renewed optimism in the bullion market. Southern cities like Chennai, Hyderabad, and Kerala continue to command a premium, largely due to stronger regional demand.

Domestic silver pricing is largely influenced by international spot prices and the movement of the Indian rupee against the US dollar. When the rupee weakens—even if global prices remain steady—silver becomes costlier for Indian buyers, highlighting the importance of currency dynamics.

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Silver Price Today Across Major Cities

• Silver price today in Mumbai: In Mumbai, silver rate today  ₹116 per gram, up ₹1 from the previous session.
• Silver price in Delhi: ₹116 per gram, matching the national average rate.
• Silver price in Bangalore: Stable at ₹116 per gram, reflecting metro-wide parity.
• Silver price in Chennai: Trades at a premium, priced at ₹126 per gram.
• Silver price in Hyderabad: Continues at a higher ₹126 per gram.
• Silver price in Kerala: Matches other southern cities at ₹126 per gram.
• Silver price in Pune: Aligned with national levels at ₹116 per gram.
• Silver price in Vadodara: Silver trades at ₹116 per gram.
• Silver price in Ahmedabad: Mirrors Vadodara with a rate of ₹116 per gram.

Recent Silver Price Movements in India

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

• August 6, 2025: ₹116/g – Up by ₹1
• August 5, 2025: ₹115/g – Up by ₹2
• August 4, 2025: ₹113/g – No change
• August 1, 2025: ₹113/g – Down by ₹2
• July 31, 2025: ₹115/g – Down by ₹2

The price of silver has largely moved within a tight range over the past week, signalling stability with brief phases of volatility.

Conclusion

As of August 6, 2025, silver prices in India have risen marginally to ₹116 per gram. The increase mirrors the continued influence of global bullion market trends and fluctuations in the Indian rupee. Southern cities persist in quoting elevated rates, potentially due to cultural preferences and seasonal demand. Going forward, silver pricing is expected to depend on global market trends, rupee-dollar dynamics, and upcoming economic indicators.