Silver Eases to ₹250/g on April 2: Check Latest City-Wise Rates

Silver prices in India eased slightly to ₹250 per gram on April 2, down from ₹255 on April 1, after rising from ₹250 on March 31 and ₹245 on March 30, following a dip to ₹240 on March 27.

Earlier, prices had rebounded to ₹250 per gram on March 25 after falling sharply to ₹230 on March 23. The decline had followed a reversal from the early-March peak of ₹330 per gram on March 2, when prices had surged from ₹295 on February 28 after holding at ₹285 through late February.

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Silver Price Today Across Major Cities

• Silver Price Today in Mumbai: ₹2,500 per 10g, ₹25,000 per 100g, ₹2,50,000 per kg 
• Silver Price Today in Delhi: ₹2,500 per 10g, ₹25,000 per 100g, ₹2,50,000 per kg
• Silver Price Today in Kolkata: ₹2,500 per 10g, ₹25,000 per 100g, ₹2,50,000 per kg
• Silver Price Today in Bangalore: ₹2,500 per 10g, ₹25,000 per 100g, ₹2,50,000 per kg
• Silver Price Today in Hyderabad: ₹2,550 per 10g, ₹25,500 per 100g, ₹2,55,000 per kg
• Silver Price Today in Kerala: ₹2,550 per 10g, ₹25,500 per 100g, ₹2,55,000 per kg
• Silver Price Today in Pune: ₹2,500 per 10g, ₹25,000 per 100g, ₹2,50,000 per kg
• Silver Price Today in Vadodara: ₹2,500 per 10g, ₹25,000 per 100g, ₹2,50,000 per kg
• Silver Price Today in Ahmedabad: ₹2,500 per 10g, ₹25,000 per 100g, ₹2,50,000 per kg

Recent Silver Price Movements in India

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

• April 2nd: ₹250 per gram, ₹2,50,000 per kg (-5000) 
• April 1st: ₹255 per gram, ₹2,55,000 per kg (5000) 
• March 31th: ₹250 per gram, ₹2,50,000 per kg (5000)  
• March 30th: ₹245 per gram, ₹2,45,000 per kg (5000)     
• March 27th: ₹240 per gram, ₹2,40,000 per kg (-10000)       

Silver prices in India have remained volatile following the sharp early-March breakout to ₹330 per gram on March 2, which was followed by a swift correction to ₹285 by March 4 and continued declines through mid-March.

The fall extended to ₹230 per gram on March 23 before prices began to recover. Silver rose to ₹240 per gram on March 27, ₹245 per gram on March 30, ₹250 per gram on March 31, and ₹255 per gram on April 1. Prices have since eased slightly to ₹250 per gram (₹2,50,000 per kg) on April 2.

Outlook

Prices fell to ₹230 per gram on March 23 before rebounding to ₹235 per gram on March 24 and further to ₹250 per gram on March 25. However, the recovery was followed by a dip to ₹240 per gram on March 27.

Momentum returned in the following sessions, with prices rising to ₹245 per gram on March 30, ₹250 per gram on March 31, and ₹255 per gram on April 1. Prices have since eased slightly to ₹250 per gram (₹2,50,000 per kg) on April 2.

Conclusion

As of April 2, silver prices stand at ₹250 per gram, or ₹2,50,000 per kg in most major markets. Retail rates are around ₹2,500 per 10 grams across Mumbai, Delhi, Kolkata, Bangalore, Pune, Vadodara, and Ahmedabad.

Hyderabad and Kerala are quoting slightly higher at ₹2,550 per 10 grams (₹2,55,000 per kg), reflecting regional price variations in physical markets.

Recent sessions show prices moving from ₹240 per gram on March 27 to ₹255 per gram on April 1 before easing to ₹250 per gram on April 2.