Silver Rises to ₹275/g on January 13 After Volatile Week: Check City-Wise Prices Across India

No image 5paisa Capital Ltd - 3 min read

Last Updated: 13th January 2026 - 12:19 pm

Silver prices in India extended their recovery after the brief correction earlier in the week, underlining the sharp volatility seen in the first half of January. After slipping to ₹249 per gram on January 9 from ₹252 on January 8 and the recent peak of ₹263 on January 7, prices rebounded to ₹260 on January 10, rose to ₹270 per gram on January 12, and further strengthened to ₹275 per gram on January 13. Even with the interim pullback, silver remains well above the early-month base of around ₹248 per gram seen on January 5, pointing to an overall upward bias amid wide daily swings.

The recent move follows a strong rally after prices stabilised at lower levels at the start of the month. Silver had hovered near ₹241 per gram on January 4, indicating that selling pressure from the late-December correction was easing. Fresh buying then lifted prices to ₹248 on January 5, ₹253 on January 6, and a sharp spike to ₹263 on January 7. Profit booking over January 8–9 triggered a swift correction, but renewed buying interest quickly emerged, pushing prices back above ₹260 and to a fresh short-term high of ₹275 by January 13.

Overall, the price action points to elevated volatility and active two-way trade. While the rebound from early-January lows reflects improving sentiment and sustained demand, the rapid pullback and equally quick recovery highlight sensitivity to short-term cues. The current pattern suggests consolidation after a sharp recovery rather than a smooth, one-way uptrend, keeping near-term fluctuations firmly in focus.

Silver Price Today Across Major Cities

Recent Silver Price Movements in India

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

  • January 13th: ₹275 per gram, ₹2,75,000 per kg (5000)
  • January 12th: ₹270 per gram, ₹2,70,000 per kg (10000)  
  • January 10th: ₹260 per gram, ₹2,60,000 per kg (11000)
  • January 9th: ₹249 per gram, ₹2,49,000 per kg (-3000) 
  • January 8th: ₹252 per gram, ₹2,52,000 per kg (-5000) 

Silver prices in India remained volatile through mid-January, marked by a sharp rally, a swift correction, and another strong rebound. After easing to ₹252 per gram (₹2,52,000 per kg) on January 8, rates slipped further to ₹249 per gram (₹2,49,000 per kg) on January 9, a decline of ₹3,000 per kg from the previous session.

The correction, however, proved short-lived. Prices bounced back to ₹260 per gram (₹2,60,000 per kg) on January 10, jumped to ₹270 per gram (₹2,70,000 per kg) on January 12, and extended gains to ₹275 per gram (₹2,75,000 per kg) on January 13, adding ₹5,000 per kg in a day and ₹26,000 per kg from the January 9 low.

This price action highlights strong two-way trade, with profit booking after the early-month slide quickly giving way to fresh buying interest. Silver has now moved well above its early-January base, underscoring heightened volatility and active participation rather than a clearly settled trend.

Outlook

Silver prices in India extended their rebound by January 13, reinforcing the high-volatility phase seen this month. After peaking around early January, rates corrected to ₹252 per gram on January 8 and further to ₹249 per gram on January 9 amid profit booking. The decline was short-lived, with prices recovering to ₹260 per gram on January 10, jumping to ₹270 per gram on January 12 (a ₹10,000 per kg rise in a single session), and moving higher to ₹275 per gram on January 13, adding another ₹5,000 per kg. The swift recovery from the lows signals strong buying interest on dips, keeping silver well above its early-month base and highlighting active two-way trade rather than a stable, settled trend.

Conclusion

As of January 13, silver is trading at around ₹275 per gram, or ₹2,75,000 per kg, at the national level. City-wise, rates in Mumbai, Delhi, Kolkata, Bangalore, Pune, Vadodara and Ahmedabad are at ₹2,750 per 10g (₹2,75,000 per kg), while Hyderabad and Kerala continue to quote a premium at ₹2,920 per 10g (₹2,92,000 per kg). The move up from the January 9 low of ₹249 per gram to ₹275 per gram within four sessions underscores the sharp swings in the market, with volatility remaining elevated and price action driven by rapid shifts between profit booking and fresh buying.

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