Silver Rises to ₹190/g on December 9: 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 consolidation phase after recent volatility. However, the bounce back to ₹190 per gram on December 9 indicates stable underlying demand.

Through the past week, silver has moved within a tight but active band. After touching ₹191 per gram on December 4, prices dipped to ₹187 per gram on December 5, then recovered to ₹190 per gram on December 7, before minor pullbacks and rebounds shaped the current steady trend. This behaviour reflects a balanced market where intermittent corrections are met with renewed buying interest.

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Silver Price Today Across Major Cities

• Silver Price Today in Mumbai: ₹1,900 per 10g, ₹19,000 per 100g, ₹1,90,000 per kg
• Silver Price Today in Delhi: ₹1,900 per 10g, ₹19,000 per 100g, ₹1,90,000 per kg
• Silver Price Today in Kolkata: ₹1,900 per 10g, ₹19,000 per 100g, ₹1,90,000 per kg
• Silver Price Today in Bangalore: ₹1,900 per 10g, ₹19,000 per 100g, ₹1,90,000 per kg
• Silver Price Today in Hyderabad: ₹1,990 per 10g, ₹19,900 per 100g, ₹1,99,000 per kg
• Silver Price Today in Kerala: ₹1,990 per 10g, ₹19,900 per 100g, ₹1,99,000 per kg
• Silver Price Today in Pune: ₹1,900 per 10g, ₹19,000 per 100g, ₹1,90,000 per kg
• Silver Price Today in Vadodara: ₹1,900 per 10g, ₹19,000 per 100g, ₹1,90,000 per kg
• Silver Price Today in Ahmedabad: ₹1,900 per 10g, ₹19,000 per 100g, ₹1,90,000 per kg

Recent Silver Price Movements in India

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

• 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)
• December 4th: ₹191 per gram, ₹1,91,000 per kg (0)

Silver prices in India continued to show a blend of gains and mild pullbacks through the week, influenced by steady domestic demand and shifting global cues. After holding firm at ₹191 per gram on December 4, the metal touched its recent high before losing some momentum.

On December 5, silver dipped to ₹187 per gram, marking a short-lived correction. Sentiment improved again on December 7 as prices rebounded to ₹190 per gram. By December 8, silver inched down to ₹189 per gram, indicating consolidation rather than a clear downturn. On December 9, prices moved back up to ₹190 per gram, supported by stable demand across major cities—where most markets quoted around ₹1,90,000 per kg, while Hyderabad and Kerala saw slightly higher levels at ₹1,99,000 per kg. Despite the intra-week fluctuations, the broader trend remains steady.

Outlook

Silver’s movement through early December reflects firm demand with controlled corrections. After touching its recent high of ₹191 per gram on December 4, prices retreated to ₹187 per gram on December 5, later rebounding to ₹190 per gram on December 7. The mild dip to ₹189 per gram on December 8, followed by an uptick to ₹190 per gram on December 9, suggests that the metal is stabilising within a narrow range. Backed by industrial demand, jewellery purchases, and steady global cues, silver is likely to maintain a stable near-term outlook.

Conclusion

As of December 9, silver trades at ₹190 per gram, marking a modest recovery from the previous session’s ₹189. City-wise, Hyderabad and Kerala quote the highest rates at ₹1,990 per 10g (₹1,99,000 per kg), while Mumbai, Delhi, Kolkata, Bangalore, Pune, Vadodara, and Ahmedabad list prices at ₹1,900 per 10g (₹1,90,000 per kg).
Overall, the metal continues to show resilience, with consolidation expected as markets absorb recent fluctuations.