Silver Jumps to ₹310/g on May 13 Amid Sharp Bullish Rally: Check Latest City-Wise Rates

Silver prices in India surged further to ₹310 per gram on May 13 after jumping to ₹290 on May 12 and holding firm at ₹275 on May 11 and May 8. The rally followed gains from ₹270 on May 7 and ₹265 on May 6 after a brief dip to ₹255 on May 5. The recent breakout came after a sharp fall to ₹250 on April 30, while prices had largely remained stable around ₹260 from April 27 to April 29, marking an earlier consolidation phase.

Earlier in April, volatility intensified as prices surged to ₹270 on April 15 after fluctuating in the ₹255–₹260 range. This followed a relatively stable phase when silver held near ₹250 from April 2 through April 7 after easing from ₹255 on April 1.

Before that, silver had rebounded to ₹250 per gram on March 25 after plunging to ₹230 on March 23, reversing from the early-March peak of ₹330 per gram.

Invest in Indian Markets and Unlock Future Potential With 5paisa!

 

Open Account Now

Silver Price Today Across Major Cities

• Silver Price Today in Mumbai: ₹3,100 per 10g, ₹31,000 per 100g, ₹3,10,000 per kg
• Silver Price Today in Delhi: ₹3,100 per 10g, ₹31,000 per 100g, ₹3,10,000 per kg
• Silver Price Today in Kolkata: ₹3,300 per 10g, ₹33,000 per 100g, ₹3,30,000 per kg
• Silver Price Today in Bangalore: ₹3,100 per 10g, ₹31,000 per 100g, ₹3,10,000 per kg
• Silver Price Today in Hyderabad: ₹3,001 per 10g, ₹30,010 per 100g, ₹3,00,100 per kg
• Silver Price Today in Kerala: ₹3,300 per 10g, ₹33,000 per 100g, ₹3,30,000 per kg
• Silver Price Today in Pune: ₹3,100 per 10g, ₹31,000 per 100g, ₹3,10,000 per kg
• Silver Price Today in Vadodara:₹3,100 per 10g, ₹31,000 per 100g, ₹3,10,000 per kg
• Silver Price Today in Ahmedabad: ₹3,100 per 10g, ₹31,000 per 100g, ₹3,10,000 per kg

Recent Silver Price Movements in India

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

• May 13th: ₹310 per gram, ₹3,10,000 per kg
• May 12th: ₹290 per gram, ₹2,90,000 per kg 
• May 11th: ₹275 per gram, ₹2,75,000 per kg
• May 8th: ₹275 per gram, ₹2,75,000 per kg 
• May 7th: ₹270 per gram, ₹2,70,000 per kg 

Silver prices in India have remained volatile since the early-March peak of ₹330 per gram, followed by a sharp correction and mid-March lows near ₹230. Prices recovered steadily into early April, holding around ₹250 through April 7.

Volatility returned thereafter, with prices rising to ₹270 by April 15, then easing back to ₹260 and dropping to ₹250 on April 30. Prices rebounded to ₹265 on May 4, slipped to ₹255 on May 5, climbed back to ₹265 on May 6, rose further to ₹270 on May 7, and advanced to ₹275 on May 8. Prices remained steady at ₹275 on May 11 before surging sharply to ₹290 on May 12 and jumping further to ₹310 per gram on May 13, indicating a powerful breakout and accelerating bullish momentum in the latest sessions.

Outlook

Prices fell to ₹230 per gram on March 23 before rebounding to ₹250 by March 25, followed by a brief dip to ₹240 on March 27. Momentum picked up into early April, with prices rising to ₹255 on April 1 before easing to ₹250 and holding steady through April 7.

Volatility returned thereafter, with prices climbing to ₹270 by April 15, easing to ₹265–₹260 in the following sessions, and then dropping sharply to ₹250 on April 30. Prices rebounded to ₹265 on May 4, slipped to ₹255 on May 5, climbed to ₹265 on May 6, rose to ₹270 on May 7, and advanced further to ₹275 on May 8. Prices held steady at ₹275 on May 11 before surging sharply to ₹290 on May 12 and jumping further to ₹310 on May 13, indicating accelerating bullish momentum after the recent recovery.

Conclusion

As of May 13, silver prices stand at ₹310 per gram, or ₹3,10,000 per kg in most major markets. Retail rates are around ₹3,100 per 10 grams across Mumbai, Delhi, Bangalore, Pune, Vadodara, and Ahmedabad.

Kolkata and Kerala are quoting higher at around ₹3,300 per 10 grams, while Hyderabad remains lower at around ₹3,001 per 10 grams, reflecting regional variations in physical market pricing.

Recent sessions show prices rebounding from ₹250 on April 30 to ₹265 on May 4, easing to ₹255 on May 5, rising steadily to ₹275 by May 8, holding firm on May 11, surging to ₹290 on May 12, and then jumping sharply to ₹310 on May 13, highlighting a strong breakout and sustained upward momentum.