Silver Rebounds to ₹265/g on May 6 After Recent Volatility: Check Latest City-Wise Rates

No image Anupama VM - 3 min read

Last Updated: 6th May 2026 - 12:07 pm

Silver prices in India rebounded to ₹265 per gram on May 6 after easing to ₹255 on May 5, following a brief recovery to ₹265 on May 4. The rebound came after a sharp drop to ₹250 on April 30, while prices had largely held steady around ₹260 from April 27 to April 29, indicating a period of consolidation.

Earlier in April, volatility intensified as prices climbed 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.

Silver Price Today Across Major Cities

Recent Silver Price Movements in India

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

  • May 6th: ₹265 per gram, ₹2,65,000 per kg 
  • 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 

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, and have climbed back to ₹265 on May 6, indicating continued fluctuations and renewed upward momentum after the recent correction.

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, and have now climbed back to ₹265 on May 6, indicating renewed strength after the recent correction.

Conclusion

As of May 6, silver prices stand at ₹265 per gram, or ₹2,65,000 per kg in most major markets. Retail rates are around ₹2,650 per 10 grams across Mumbai, Delhi, Kolkata, Bangalore, Pune, Vadodara, and Ahmedabad.

Hyderabad and Kerala remain slightly higher at ₹2,700 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, easing to ₹255 on May 5, and rising again to ₹265 on May 6, highlighting continued volatility with a recovery in the latest session.

FREE Trading & Demat Account
Open FREE Demat Account with endless opportunities.
  •  Flat ₹20 Brokerage
  •  Next-gen Trading
  •  Advanced Charting
  •  Actionable Ideas
+91
''
 
By proceeding, you agree to our T&Cs*
Mobile No. belongs to
OR
 
hero_form

Disclaimer: Investment in securities market are subject to market risks, read all the related documents carefully before investing. For detailed disclaimer please Click here.

Open Free Demat Account

Be a part of 5paisa community - The first listed discount broker of India.

+91

By proceeding, you agree to all T&C*

footer_form