Silver Slips to ₹255/g on May 5 After Brief Rebound: Check Latest City-Wise Rates

Silver prices in India eased to ₹255 per gram on May 5 after a brief rebound to ₹265 on May 4, following a sharp drop to ₹250 on April 30. Prior to this, prices had held steady around ₹260 from April 27 to April 29, indicating a phase of consolidation.

Earlier in April, volatility had picked up, with prices rising to ₹270 on April 15 after fluctuating between ₹255–₹260 levels. This followed a stable period where prices held around ₹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 falling sharply to ₹230 on March 23, marking a reversal from the early-March peak of ₹330 per gram.

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Silver Price Today Across Major Cities

• Silver Price Today in Mumbai: ₹2,550 per 10g, ₹25,500 per 100g, ₹2,55,000 per kg
• Silver Price Today in Delhi: ₹2,550 per 10g, ₹25,500 per 100g, ₹2,55,000 per kg
• Silver Price Today in Kolkata: ₹2,550 per 10g, ₹25,500 per 100g, ₹2,55,000 per kg
• Silver Price Today in Bangalore: ₹2,550 per 10g, ₹25,500 per 100g, ₹2,55,000 per kg
• Silver Price Today in Hyderabad: ₹2,650 per 10g, ₹26,500 per 100g, ₹2,65,000 per kg
• Silver Price Today in Kerala: ₹2,650 per 10g, ₹26,500 per 100g, ₹2,65,000 per kg
• Silver Price Today in Pune: ₹2,550 per 10g, ₹25,500 per 100g, ₹2,55,000 per kg
• Silver Price Today in Vadodara: ₹2,550 per 10g, ₹25,500 per 100g, ₹2,55,000 per kg
• Silver Price Today in Ahmedabad: ₹2,550 per 10g, ₹25,500 per 100g, ₹2,55,000 per kg

Recent Silver Price Movements in India

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

• May 5th: ₹255 per gram, ₹2,55,000 per kg 
• May 4th: ₹265 per gram, ₹2,65,000 per kg 
• April 30th: ₹250 per gram, ₹2,50,000 per kg 
• April 29th: ₹260 per gram, ₹2,60,000 per kg 
• April 28th: ₹260 per gram, ₹2,60,000 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 but have since slipped to ₹255 on May 5, indicating continued fluctuations after the recent recovery.

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 but have since slipped to ₹255 on May 5, indicating renewed weakness after the brief recovery.

Conclusion

As of May 5, silver prices stand at ₹255 per gram, or ₹2,55,000 per kg in most major markets. Retail rates are around ₹2,550 per 10 grams across Mumbai, Delhi, Kolkata, Bangalore, Pune, Vadodara, and Ahmedabad.

Hyderabad and Kerala remain higher at ₹2,650 per 10 grams, reflecting regional price differences.

Recent sessions show prices holding at ₹260 through April 27–29, dropping to ₹250 on April 30, rebounding to ₹265 on May 4, and easing to ₹255 on May 5, highlighting continued volatility after the recent correction.