Silver Edges Up to ₹255/g on April 9 After Brief Spike: Check Latest City-Wise Rates

Silver prices in India held steady at ₹250 per gram on April 7, unchanged from April 2 and April 6, after easing from ₹255 on April 1. The recent trend shows prices rising from ₹245 on March 30 and ₹250 on March 31 before dipping back to ₹250 following the April 1 high, with no further movement through the latest session.

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: ₹2,550 per 10g, ₹25,500 per 100g, ₹2,55,000 per kg 
• Silver Price Today in Delhi: ₹2,550 per 10g, ₹25,500 per 100g, ₹2,55,000 per kg
• Silver Price Today in Kolkata: ₹2,550 per 10g, ₹25,500 per 100g, ₹2,55,000 per kg
• Silver Price Today in Bangalore: ₹2,550 per 10g, ₹25,500 per 100g, ₹2,55,000 per kg
• Silver Price Today in Hyderabad: ₹2,600 per 10g, ₹26,000 per 100g, ₹2,60,000 per kg
• Silver Price Today in Kerala: ₹2,600 per 10g, ₹26,000 per 100g, ₹2,60,000 per kg
• Silver Price Today in Pune: ₹2,550 per 10g, ₹25500 per 100g, ₹2,50,000 per kg
• Silver Price Today in Vadodara: ₹2,550 per 10g, ₹25,500 per 100g, ₹2,55,000 per kg
• Silver Price Today in Ahmedabad: ₹2,550 per 10g, ₹25,500 per 100g, ₹2,55,000 per kg

Recent Silver Price Movements in India

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

• April 9th: ₹255 per gram, ₹2,55,000 per kg (-5000)   
• April 8th: ₹260 per gram, ₹2,60,000 per kg (10000) 
• April 7th: ₹250 per gram, ₹2,50,000 per kg (0)   
• April 6th: ₹250 per gram, ₹2,50,000 per kg (0)   
• April 2nd: ₹250 per gram, ₹2,50,000 per kg (-5000) 

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 eased to ₹250 per gram on April 2 and remained steady through April 7. However, volatility resurfaced thereafter, with prices rising to ₹260 per gram on April 8 before declining to ₹255 per gram on April 9, indicating continued fluctuation within a narrow range.

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 eased to ₹250 per gram on April 2 and remained steady through April 7. However, volatility picked up again, with prices rising to ₹260 per gram on April 8 before correcting to ₹255 per gram on April 9, indicating continued fluctuation within a narrow range.

Conclusion

As of April 9, silver prices stand at ₹255 per gram, or ₹2,55,000 per kg in most major markets. Retail rates are around ₹2,550 per 10 grams across Mumbai, Delhi, Kolkata, Bangalore, Vadodara, and Ahmedabad, while Pune is slightly lower at ₹2,500 per 10 grams.

Hyderabad and Kerala continue to quote higher at ₹2,600 per 10 grams, reflecting regional price variations in physical markets. Recent sessions show prices moving from ₹250 per gram on April 7 to ₹260 per gram on April 8 before easing to ₹255 per gram on April 9, highlighting short-term volatility after a period of stability.