Silver Surges to ₹305/g on January 19 After Volatile Week: Check City-Wise Prices Across India

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Last Updated: 19th January 2026 - 11:01 am

Silver prices in India extended their recovery further after the brief early-January correction, underscoring continued sharp volatility. 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 on January 12, climbed to ₹275 on January 13, and surged to ₹290 on January 14. The uptrend carried into January 16 with a move to ₹292 per gram, strengthened to ₹295 on January 17, and then accelerated to a fresh multi-day high of ₹305 per gram on January 19.

Despite the interim pullback earlier in the month, silver is now trading well above its early-January base near ₹248 per gram, confirming a clear upward bias. The rapid sequence of higher highs, punctuated by brief bouts of profit booking, highlights active two-way trade and sensitivity to short-term cues. Overall, the price action suggests consolidation at elevated levels after a sharp recovery, with momentum tilted to the upside rather than a smooth, one-way advance.

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 19th: ₹305 per gram, ₹3,05,000 per kg (10000)
  • January 17th: ₹295 per gram, ₹2,95,000 per kg (3000)
  • January 16th: ₹292 per gram, ₹2,92,000 per kg (2000) 
  • January 14th: ₹290 per gram, ₹2,90,000 per kg (15000) 
  • January 13th: ₹275 per gram, ₹2,75,000 per kg (5000) 

Silver prices in India extended their rally through mid-to-late January, underscoring heightened volatility and strong buying interest. After rising to ₹275 per gram on January 13, rates jumped to ₹290 on January 14, edged up to ₹292 on January 16, moved to ₹295 on January 17, and surged to ₹305 per gram on January 19. The sequence of higher highs shows that, despite brief pauses, the broader trend has turned firmly upward, with silver now trading well above its early-January range.

Outlook

Silver prices in India extended their rebound into late January, maintaining the high-volatility phase seen this month. After recovering to ₹275 per gram on January 13, prices surged to ₹290 on January 14, edged up to ₹292 on January 16, rose to ₹295 on January 17, and then jumped sharply to ₹305 per gram on January 19, adding ₹10,000 per kg in two days. The steady sequence of higher highs shows that the brief mid-month pauses were driven by profit booking rather than a loss of momentum. With prices now well above the early-January base, the trend points to sustained buying interest amid active two-way trade and elevated volatility.

Conclusion

As of January 19, silver is trading at around ₹305 per gram, or ₹3,05,000 per kg, at the national level. City-wise, Mumbai, Delhi, Kolkata, Bangalore, Pune, Vadodara and Ahmedabad quote about ₹3,050 per 10g, while Hyderabad and Kerala continue to command a premium at ₹3,180 per 10g. The climb from ₹275 per gram on January 13 to ₹305 within less than a week highlights the sharp upward momentum and persistent volatility, with the overall bias now tilted firmly to the upside.

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