Silver Prices Rise to ₹117/g on August 7: Check Latest City-wise Rates Across India

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Last Updated: 7th August 2025 - 10:49 am

Silver prices in India edged up slightly on Thursday, August 7, 2025, with the metal now trading at ₹117 per gram, or ₹1,17,000 per kilogram. This marks a ₹1 increase from the previous day, continuing the gentle upward trend seen in recent sessions. Prices remain higher in southern cities compared to metro averages.

Silver Price Today Across Major Cities

  • Silver price today in Mumbai: In Mumbai, silver rate today is at ₹117 per gram, reflecting a ₹1 rise from Wednesday.
  • Silver price in Delhi: In Delhi, the price of silver also stands at ₹117 per gram, matching the national average.
  • Silver price in Bangalore: In Bangalore, silver is quoted at ₹117 per gram, consistent with other metro cities.
  • Silver price in Chennai: In Chennai, silver continues to trade at a premium, priced at ₹127 per gram.
  • Silver price in Hyderabad: In Hyderabad, the rate of silver is ₹127 per gram, in line with other southern markets.
  • Silver price in Kerala: In Kerala, silver also commands ₹127 per gram, maintaining parity with Chennai and Hyderabad.
     

Recent Silver Price Movements in India

  • August 7, 2025: ₹117/g – Up by ₹1
  • 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

Silver prices have remained within a limited range over the past week, with gradual gains following earlier declines.

Conclusion

As of August 7, 2025, silver prices across India have climbed to ₹117 per gram. The steady increase in rates follows a modest upward trend, while southern cities such as Chennai, Hyderabad, and Kerala continue to trade at a ₹10 premium over metro averages. Overall, pricing remains stable with slight day-to-day movement.

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