Silver Jumps to ₹325/g on January 21 After Volatile Rally: Check City-Wise Prices Across India

Silver prices in India extended their recovery further after the brief early-January correction, underscoring sustained volatility and strong follow-through buying. 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 continued into the second half of the month, with silver moving up to ₹292 per gram on January 16, strengthening to ₹295 on January 17, accelerating sharply to ₹305 on January 19, advancing to ₹320 on January 20, and extending gains further to ₹325 per gram on January 21, marking a fresh late-January high.

Despite the interim pullback earlier in the month, silver is now trading decisively above its early-January base near ₹248–₹250 per gram, reinforcing a clearly bullish bias. The rapid succession of higher highs, interrupted only by brief bouts of profit booking, reflects active two-way trade and heightened sensitivity to short-term cues. Overall, the price action points to consolidation at elevated levels following a sharp recovery, with momentum firmly tilted to the upside rather than a smooth, one-way advance.

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Silver Price Today Across Major Cities

• Silver Price Today in Mumbai: ₹3,250 per 10g, ₹32,500 per 100g, ₹3,25,000 per kg 
• Silver Price Today in Delhi: ₹3,250 per 10g, ₹32,500 per 100g, ₹3,25,000 per kg
• Silver Price Today in Kolkata: ₹3,250 per 10g, ₹32,500 per 100g, ₹3,25,000 per kg
• Silver Price Today in Bangalore: ₹3,250 per 10g, ₹32,500 per 100g, ₹3,25,000 per kg
• Silver Price Today in Hyderabad: ₹3,400 per 10g, ₹34,000 per 100g, ₹3,40,000 per kg 
• Silver Price Today in Kerala: ₹3,400 per 10g, ₹34,000 per 100g, ₹3,40,000 per kg 
• Silver Price Today in Pune: ₹3,250 per 10g, ₹32,500 per 100g, ₹3,25,000 per kg
• Silver Price Today in Vadodara: ₹3,250 per 10g, ₹32,500 per 100g, ₹3,25,000 per kg
• Silver Price Today in Ahmedabad: ₹3,250 per 10g, ₹32,500 per 100g, ₹3,25,000 per kg

Recent Silver Price Movements in India

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

• January 21st: ₹325 per gram, ₹3,25,000 per kg (5000) 
• January 20th: ₹320 per gram, ₹3,20,000 per kg (15000) 
• 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) 

Silver prices in India extended their rally into late January, underscoring heightened volatility and strong buying interest. After rising to ₹292 per gram on January 16, rates moved up to ₹295 on January 17, jumped sharply to ₹305 on January 19, and accelerated further to ₹320 per gram on January 20. The uptrend strengthened on January 21, with silver touching ₹325 per gram. This consistent sequence of higher highs signals a firmly bullish trend, with prices now trading well above their mid-January levels and reflecting sustained momentum in the market.

Outlook

Silver prices in India extended their strong rebound into late January, remaining firmly in a high-volatility phase. After edging up to ₹292 per gram on January 16, prices climbed to ₹295 on January 17, surged sharply to ₹305 on January 19, and then accelerated to ₹320 per gram on January 20, marking a ₹15,000-per-kg jump in a single session. The rally continued on January 21, with silver touching ₹325 per gram. This uninterrupted sequence of higher highs highlights robust buying interest, suggesting that brief pauses earlier in the month were driven more by profit booking than any meaningful weakening in momentum. With prices now decisively above mid-January levels, the trend remains biased upward amid active two-way trade and elevated volatility.

Conclusion

As of January 21, silver is trading at around ₹325 per gram, or ₹3,25,000 per kg, at the national level. City-wise, Mumbai, Delhi, Kolkata, Bangalore, Pune, Vadodara and Ahmedabad are quoting silver at approximately ₹3,250 per 10g, while Hyderabad and Kerala continue to command a premium at around ₹3,400 per 10g. The sharp rise from ₹292 per gram on January 16 to ₹325 within just a few sessions underscores the strength of the ongoing rally and the heightened volatility in the market, with the overall bias now clearly tilted toward further upside.