Silver Price Today, May 6: Silver Dips Marginally to ₹96.90 per Gram

resr 5paisa Capital Ltd

Last Updated: 6th May 2025 - 11:01 am

2 min read

As of 10:29 AM on May 6, 2025, silver prices in India have seen a slight dip from the previous session. After witnessing a drop yesterday, the silver rate today has dropped again by ₹0.10 per gram to ₹96.90, reflecting mild downward pressure in the bullion market.

Current Price of Silver Across Major Indian Cities

Here’s how the silver rate today on May 6, 2025, is playing out in key cities:

  • Silver Price Today in Mumbai: The silver price today in Mumbai is now ₹96.90 per gram, down by ₹0.10 from yesterday.
  • Silver Price Today in Delhi: Delhi follows the same trend with the current silver price at ₹96.90 per gram.
  • Silver Price Today in Bangalore: In Bangalore, the silver rate today also stands at ₹96.90 per gram, mirroring the western market.
  • Silver Price Today in Chennai: Chennai continues to quote higher prices compared to the other cities, with silver currently priced at ₹107.9 per gram.
  • Silver Price Today in Hyderabad: The silver rate today in Hyderabad also remains elevated at ₹107.9 per gram.
  • Silver Price Today in Kerala: Silver prices in Kerala are also at ₹107.9 per gram, consistent with southern trends.

Recent Silver Price Trends in India

After maintaining a flat to declining trend over the past few sessions, silver has edged slightly lower today (May 6). Here's a snapshot of the recent movement:

  • May 6: Silver prices dipped by ₹0.10 to ₹96.90 per gram.
  • May 5: Silver prices dipped, reaching ₹97.00 per gram.
  • May 4-3 (Weekend): No significant trading activity. Silver rates witnessed no change.
  • May 2: Silver prices remained unchanged at ₹98.00 per gram.
  • May 1: Prices fell by ₹2.00 per gram to ₹98.00 per gram.

Conclusion

The silver rate today (May 6) reflects a marginal dip to ₹96.90 per gram in most Indian cities, hinting at a potential cautious market sentiment. Traders and investors are closely watching silver's next move as global volatility and local buying trends may influence short-term price directions.

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