Silver Prices Climb to ₹191/g on October 16, 2025: City-Wise Silver Rates in India

Silver prices in India recorded a modest increase on Thursday, October 16, 2025, maintaining their upward momentum amid steady global demand and currency fluctuations. The rise comes as international spot prices strengthened and the rupee weakened slightly against the US dollar, making imported silver costlier. Analysts note that festival-related buying, industrial consumption, and investor interest in precious metals have collectively supported this trend.

According to the latest data, silver in India is priced at ₹191 per gram, up ₹2, and ₹1,91,000 per kilogram, reflecting a gain of ₹1,000 from the previous session. Domestic silver prices remain closely tied to international bullion rates and rupee-dollar exchange movements. A weaker rupee, combined with firm global rates, generally results in higher local prices.

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Silver Price Today Across Major Cities

• Silver Price Today in Mumbai – In Mumbai, the silver rate today ₹1,910 per 10g, ₹19,100 per 100g, ₹1,91,000 per kg
• Silver Price Today in Delhi: ₹1,910 per 10g, ₹19,100 per 100g, ₹1,91,000 per kg
• Silver Price Today in Kolkata: ₹1,910 per 10g, ₹19,100 per 100g, ₹1,91,000 per kg
• Silver Price Today in Bangalore: ₹1,960 per 10g, ₹19,600 per 100g, ₹1,96,000 per kg
• Silver Price Today in Hyderabad: ₹2,080 per 10g, ₹20,800 per 100g, ₹2,08,000 per kg
• Silver Price Today in Kerala: ₹2,080 per 10g, ₹20,800 per 100g, ₹2,08,000 per kg
• Silver Price Today in Pune: ₹1,910 per 10g, ₹19,100 per 100g, ₹1,91,000 per kg
• Silver Price Today in Vadodara: ₹1,910 per 10g, ₹19,100 per 100g, ₹1,91,000 per kg
• Silver Price Today in Ahmedabad: ₹1,910 per 10g, ₹19,100 per 100g, ₹1,91,000 per kg

Recent Silver Price Movements in India

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

• October 16th: ₹191 per gram, ₹1,91,000 per kg (+₹1,000)
• October 15th: ₹190 per gram, ₹1,90,000 per kg (+₹1,000)
• October 14th: ₹189 per gram, ₹1,89,000 per kg (+₹4,000)
• October 13th: ₹185 per gram, ₹1,85,000 per kg (+₹5,000)
• October 12th: ₹180 per gram, ₹1,80,000 per kg (0)

Silver has displayed steady gains through mid-October, signalling both strong industrial demand and continued festival-related purchases.

Outlook

Silver prices in India showed steady growth on October 16, with the average per-gram rate across major cities reaching ₹191. The uptrend is supported by firm global cues, increased industrial use, and domestic retail demand during the festive season.

Experts highlight that while short-term fluctuations may occur, silver is likely to remain attractive for investors seeking portfolio diversification amid inflationary pressures and economic uncertainty. Domestic consumption during the festive and wedding seasons is expected to sustain demand, keeping prices buoyant in the near term.

Conclusion

In summary, silver prices in India increased to ₹191 per gram and ₹1,91,000 per kilogram on October 16, 2025, extending the positive run for the third consecutive session. The market remains underpinned by robust domestic demand, stable international trends, and a slightly weaker rupee. With festive buying continuing, silver remains a valuable investment and a key component of India’s precious metals market.