Silver Surges to ₹188/g on December 1: Check City-Wise Prices in India

Silver prices in India extended their strong upward trend through the week, reaching ₹188 per gram (₹1,88,000 per kg) on December 1, the highest level in recent sessions. This follows a sharp rise from ₹185 per gram on November 29, ₹176 per gram on November 28, and earlier gains of ₹173 and ₹169 per gram on November 27 and 26, respectively. The consistent climb highlights firm domestic demand and supportive global cues.

Across major cities, silver prices reflected this strength with clear regional patterns. In Mumbai, Delhi, Kolkata, Bangalore, Pune, Vadodara, and Ahmedabad, silver is priced at ₹1,880 per 10g (₹1,88,000 per kg). Meanwhile, Hyderabad and Kerala recorded slightly higher levels at ₹1,960 per 10g (₹1,96,000 per kg), indicating stronger local buying.

The broader price trend through the week remained clearly positive. After hitting ₹169 per gram on November 26 and rising to ₹173 on November 27, the metal continued to gain traction due to solid physical demand and improving sentiment in key bullion markets. The surge to ₹176 on November 28 and ₹185 on November 29 further strengthened the upward trajectory, leading to the December 1 peak.

Industrial usage, especially from electronics, photovoltaics, and jewellery, remained robust and supported domestic price stability. Even without major global triggers, steady institutional and retail demand helped maintain bullish momentum.

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Silver Price Today Across Major Cities

• Silver Price Today in Mumbai: ₹1,880 per 10g, ₹18,800 per 100g, ₹1,88,000 per kg
• Silver Price Today in Delhi: ₹1,880 per 10g, ₹18,800 per 100g, ₹1,88,000 per kg
• Silver Price Today in Kolkata: ₹1,880 per 10g, ₹18,800 per 100g, ₹1,88,000 per kg
• Silver Price Today in Bangalore: ₹1,880 per 10g, ₹18,800 per 100g, ₹1,88,000 per kg
• Silver Price Today in Hyderabad: ₹1,960 per 10g, ₹19,600 per 100g, ₹1,96,000 per kg
• Silver Price Today in Kerala: ₹1,960 per 10g, ₹19,600 per 100g, ₹1,96,000 per kg
• Silver Price Today in Pune: ₹1,880 per 10g, ₹18,800 per 100g, ₹1,88,000 per kg
• Silver Price Today in Vadodara: ₹1,880 per 10g, ₹18,800 per 100g, ₹1,88,000 per kg
• Silver Price Today in Ahmedabad: ₹1,880 per 10g, ₹18,800 per 100g, ₹1,88,000 per kg

Recent Silver Price Movements in India

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

• December 1st: ₹188 per gram, ₹1,88,000 per kg (3000)
• November 29th: ₹185 per gram, ₹1,85,000 per kg (9000)
• November 28th: ₹176 per gram, ₹1,76,000 per kg (3000)
• November 27nd: ₹173 per gram, ₹1,73,000 per kg (4000)
• November 26th: ₹169 per gram, ₹1,69,000 per kg (2000)

Silver prices in India continued to show noticeable volatility through the week, driven by shifting demand and broader market movements. After beginning the week with a rise to ₹169 per gram on November 26, the momentum picked up further on November 27 as prices climbed to ₹173 per gram, marking one of the sharper increases of the period. The uptrend extended into November 28, with silver reaching ₹176 per gram, and strengthened again on November 29 as prices rose to ₹185 per gram. By December 1, silver touched ₹188 per gram, signalling sustained bullish sentiment and firm buying support heading into the new month.

Outlook

Silver prices in India have demonstrated consistent upward recovery, moving from ₹169 per gram on November 26 to ₹188 per gram on December 1. The trend reflects a smooth, sustained climb driven by strong industrial activity, seasonal buying, and supportive global cues. With the metal now trading near the upper end of the recent ₹169–₹188 per gram range, sentiment remains firmly optimistic.

Conclusion

Silver is currently priced at ₹188 per gram as of December 1, marking a notable rise from earlier sessions. With persistent retail and industrial demand underpinning the market, silver continues to hold a bullish undertone, with the potential for further gains if global precious metal sentiment strengthens further.