Silver Holds Firm at ₹190/g on December 10: Check City-Wise Prices in India

Silver prices in India eased slightly on December 8, slipping to ₹189 per gram from ₹190 per gram a day earlier, signalling a brief consolidation phase after recent volatility. The rebound to ₹190 per gram on December 9 highlighted stable underlying demand, and prices continued to hold firm at ₹190 per gram on December 10, supported by steady buying across major centres.

Through the past week, silver has traded within a narrow but active range. After dipping to ₹187 per gram on December 5, the metal recovered to ₹190 per gram on December 7. Minor pullbacks on December 8, followed by rebounds on December 9 and 10, indicate a largely balanced market where short-lived corrections are consistently met with renewed demand.

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Silver Price Today Across Major Cities

• Silver Price Today in Mumbai: ₹1,990 per 10g, ₹19,900 per 100g, ₹1,99,000 per kg
• Silver Price Today in Delhi: ₹1,990 per 10g, ₹19,900 per 100g, ₹1,99,000 per kg
• Silver Price Today in Kolkata: ₹1,990 per 10g, ₹19,900 per 100g, ₹1,99,000 per kg
• Silver Price Today in Bangalore: ₹1,990 per 10g, ₹19,900 per 100g, ₹1,99,000 per kg
• Silver Price Today in Hyderabad: ₹2,070 per 10g, ₹20,700 per 100g, ₹2,07,000 per kg
• Silver Price Today in Kerala: ₹2,070 per 10g, ₹20,700 per 100g, ₹2,07,000 per kg
• Silver Price Today in Pune: ₹1,990 per 10g, ₹19,900 per 100g, ₹1,99,000 per kg
• Silver Price Today in Vadodara: ₹1,990 per 10g, ₹19,900 per 100g, ₹1,99,000 per kg
• Silver Price Today in Ahmedabad: ₹1,990 per 10g, ₹19,900 per 100g, ₹1,99,000 per kg

Recent Silver Price Movements in India

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

• December 10th: ₹190 per gram, ₹1,99,000 per kg (9000)
• December 9th: ₹190 per gram, ₹1,90,000 per kg (1000)
• December 8th: ₹189 per gram, ₹1,89,000 per kg (-1000)
• December 7th: ₹190 per gram, ₹1,90,000 per kg (3000)
• December 5th: ₹187 per gram, ₹1,87,000 per kg (-4000

Silver prices in India continued to display a mix of gains and mild pullbacks through the week, shaped by steady domestic demand and evolving global cues. After touching ₹187 per gram on December 5, the metal saw a brief correction before regaining momentum.

Sentiment improved on December 7 as prices rebounded to ₹190 per gram. By December 8, silver eased slightly to ₹189 per gram, reflecting consolidation rather than a clear downturn. On December 9, the metal firmed up again to ₹190 per gram, with most markets quoting around ₹1,90,000 per kg. The uptrend extended into December 10, when prices edged up to ₹190 per gram, while several southern markets, including Hyderabad and Kerala, recorded the higher band of ₹1,99,000 per kg.

Despite these intra-week fluctuations - from the dip on December 5 to the rebound through December 7–10 - the broader trend for silver remains stable, supported by consistent retail and industrial demand.

Outlook

Silver’s movement through early December reflects firm demand with controlled corrective phases. After the early-week dip to ₹187 per gram on December 5, prices rebounded to ₹190 per gram on December 7, eased to ₹189 per gram on December 8, and stabilised again at ₹190 per gram on December 9 and 10. This pattern suggests that silver is consolidating within a tight band, supported by industrial usage, jewellery demand, and steady global cues. Near-term price action is expected to remain stable with mild upward bias.

Conclusion

As of December 10, silver trades at ₹190 per gram, marking continued stability after a brief dip earlier in the week. City-wise, Hyderabad and Kerala quote the highest rates at ₹2,070 per 10g (₹2,07,000 per kg), while Mumbai, Delhi, Kolkata, Bangalore, Pune, Vadodara, and Ahmedabad list prices at ₹1,990 per 10g (₹1,99,000 per kg). Overall, the metal continues to show resilience, with consolidation expected as markets absorb recent fluctuations while maintaining steady demand trends.