Silver Eases to ₹395/g After Hitting ₹410 Peak: City-Wise Rates Across India

Silver prices in India extended their recovery after the brief early-January correction, underscoring sustained volatility and strong follow-through buying interest. After rebounding to ₹360 per gram on January 25, prices advanced to ₹370 on January 27, followed by another sharp move higher to ₹380 per gram on January 28. The rally intensified on January 29, with silver surging to a fresh peak of ₹410 per gram, or ₹4,10,000 per kg, a sharp ₹30,000-per-kg jump in a single session.

However, the momentum cooled marginally on January 30, with prices easing to ₹395 per gram, reflecting profit-taking after the steep run-up. Despite the pullback, silver continues to trade well above its late-January base, reinforcing a clearly bullish undertone.

Despite intermittent corrections, silver is now trading decisively above the ₹360–₹370 per gram zone, indicating that dips are being absorbed quickly. The rapid sequence of higher highs, from ₹360 on January 25 to ₹410 by January 29, highlights active two-way trade, strong speculative interest and heightened sensitivity to global cues and currency movements. Overall, the price action suggests consolidation at elevated levels after a sharp recovery, with momentum still 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: ₹3,950 per 10g, ₹39,500 per 100g, ₹3,95,000 per kg 
• Silver Price Today in Delhi: ₹3,950 per 10g, ₹39,500 per 100g, ₹3,95,000 per kg
• Silver Price Today in Kolkata: ₹3,950 per 10g, ₹39,500 per 100g, ₹3,95,000 per kg
• Silver Price Today in Bangalore: ₹3,950 per 10g, ₹39,500 per 100g, ₹3,95,000 per kg 
• Silver Price Today in Hyderabad: ₹4,150 per 10g, ₹41,500 per 100g, ₹4,15,000 per kg 
• Silver Price Today in Kerala: ₹4,150 per 10g, ₹41,500 per 100g, ₹4,15,000 per kg 
• Silver Price Today in Pune: ₹₹3,950 per 10g, ₹39,500 per 100g, ₹3,95,000 per kg
• Silver Price Today in Vadodara: ₹3,950 per 10g, ₹39,500 per 100g, ₹3,95,000 per kg
• Silver Price Today in Ahmedabad: ₹3,950 per 10g, ₹39,500 per 100g, ₹3,95,000 per kg

Recent Silver Price Movements in India

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

• January 30th: ₹395 per gram, ₹3,95,000 per kg (-15000)
• January 29th: ₹410 per gram, ₹4,10,000 per kg (30000)
• January 28th: ₹380 per gram, ₹3,80,000 per kg (10000) 
• January 27th: ₹370 per gram, ₹3,70,000 per kg (10000) 
• January 25th: ₹360 per gram, ₹3,60,000 per kg (25000) 

Silver prices in India remained highly volatile but largely bullish through late January, reflecting strong buying interest. Prices rose from ₹360 per gram on January 25 to ₹370 on January 27, before gaining further momentum to ₹380 per gram on January 28. The rally intensified on January 29, with silver surging to a fresh peak of ₹410 per gram. However, profit-taking set in on January 30, pulling prices down to ₹395 per gram. Despite the late correction, the overall trend shows a sequence of higher highs and elevated price levels, underscoring sustained strength and active participation in the domestic silver market.

Outlook

Silver prices in India remained in a high-volatility phase toward the end of January, scaling record levels before witnessing a modest correction. After rising steadily from ₹360 per gram on January 25 to ₹410 on January 29, prices cooled slightly to ₹395 per gram on January 30. The broader trend continues to reflect strong buying interest, with recent pullbacks appearing more like consolidation phases within a firmly bullish structure.

Conclusion

As of January 30, silver is trading at around ₹395 per gram, or ₹3,95,000 per kg, at the national level. City-wise, Mumbai, Delhi, Kolkata, Bangalore, Pune, Vadodara and Ahmedabad are quoting silver near ₹3,950 per 10g, while Hyderabad and Kerala are commanding a premium at about ₹4,150 per 10g.

The sharp rise from ₹360 per gram on January 25 to above ₹400 within a few sessions, followed by a controlled pullback, underscores the strength of the ongoing uptrend and the elevated volatility in the silver market, with the overall bias still favouring further upside.