Silver Holds Near ₹325/g After Late-January Surge; Check City-Wise Rates 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 carried 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, and jumping to ₹320 on January 20. The rally peaked at ₹330 per gram on January 21 before easing marginally to ₹325 on January 22 on mild profit-taking.

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 consolidation, reflects active two-way trade and heightened sensitivity to short-term cues. Overall, the price action suggests consolidation at elevated levels following a sharp recovery, with momentum still 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 22nd: ₹225 per gram, ₹2,25,000 per kg (-5000) 
• January 21st: ₹330 per gram, ₹3,30,000 per kg (10000) 
• 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)

Silver prices in India extended their rally into late January, underscoring heightened volatility and strong buying interest. After climbing to ₹295 per gram on January 17, rates surged to ₹305 on January 19 and then jumped sharply to ₹320 on January 20. The momentum intensified on January 21, with silver touching ₹330 per gram. However, some profit-taking emerged on January 22, pulling prices slightly lower to ₹325 per gram. Despite this marginal dip, the broader trend remains bullish, with prices still trading well above mid-January levels and reflecting strong underlying momentum in the market.

Outlook

Silver prices in India extended their strong rebound into late January, staying in a high-volatility phase. After rising to ₹295 per gram on January 17, rates surged to ₹305 on January 19 and then jumped sharply to ₹320 per gram on January 20, marking a ₹15,000-per-kg gain in a single session. The rally intensified on January 21, with prices touching ₹330 per gram, before easing marginally to ₹325 on January 22 on mild profit-taking. Despite this small pullback, the broader pattern remains one of higher highs and strong buying interest, indicating that recent pauses are more reflective of short-term consolidation than any loss of momentum. With prices holding well above mid-January levels, the near-term bias continues to remain upward amid active two-way trade and elevated volatility.

Conclusion

As of January 22, 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 about ₹3,250 per 10g, while Hyderabad and Kerala continue to command a premium at around ₹3,400 per 10g. The sharp rise from ₹295 per gram on January 17 to a peak of ₹330 on January 21, followed by a mild dip to ₹325, highlights the strength of the ongoing uptrend and the heightened volatility in the market, with the overall bias still tilted toward further upside.