Silver Prices Ease to ₹159/g on October 23, 2025: City-Wise Silver Rates in India

Silver prices in India edged lower on Thursday, October 23, 2025, easing after a few sessions of stability earlier in the week. The decline follows softer international trends and minor fluctuations in the rupee’s value against the US dollar.

According to the latest data, silver is priced at ₹159 per gram and ₹1,59,000 per kilogram, down ₹1,000 from the previous session. Prices have gradually corrected from ₹1,72,000 per kilogram recorded on October 20, reflecting mild volatility in the domestic bullion market. Despite the pullback, ongoing festive demand and steady retail purchases continue to support silver’s presence in India’s precious metals trade.

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Silver Price Today Across Major Cities

• Silver Price Today in Mumbai: ₹1,590 per 10g, ₹15,900 per 100g, ₹1,59,000 per kg
• Silver Price Today in Delhi: ₹1,590 per 10g, ₹15,900 per 100g, ₹1,59,000 per kg
• Silver Price Today in Kolkata: ₹1,590 per 10g, ₹15,900 per 100g, ₹1,59,000 per kg
• Silver Price Today in Bangalore: ₹1,590 per 10g, ₹15,900 per 100g, ₹1,59,000 per kg
• Silver Price Today in Hyderabad: ₹1,740 per 10g, ₹17,400 per 100g, ₹1,74,000 per kg
• Silver Price Today in Kerala: ₹1,740 per 10g, ₹17,400 per 100g, ₹1,74,000 per kg
• Silver Price Today in Pune: ₹1,590 per 10g, ₹15,900 per 100g, ₹1,59,000 per kg
• Silver Price Today in Vadodara: ₹1,590 per 10g, ₹15,900 per 100g, ₹1,59,000 per kg
• Silver Price Today in Ahmedabad: ₹1,590 per 10g, ₹15,900 per 100g, ₹1,59,000 per kg

Recent Silver Price Movements in India

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

• October 23rd: ₹159 per gram, ₹1,59,000 per kg (-₹1,000)
• October 22nd: ₹160 per gram, ₹1,60,000 per kg (-₹4,000)
• October 21st: ₹164 per gram, ₹1,64,000 per kg (-₹8,000)
• October 20th: ₹172 per gram, ₹1,72,000 per kg (0)
• October 19th: ₹172 per gram, ₹1,72,000 per kg (0)

Silver prices have softened slightly after mid-October, following a period of steady gains earlier in the month. Despite the recent dip, demand remains supported by ongoing festive buying and resilient industrial consumption.

Outlook

Silver prices in India eased slightly on October 23, 2025, after a brief period of stability earlier in the week. The average silver rate stood at ₹159 per gram or ₹1,59,000 per kilogram, marking a marginal decline of ₹1,000 from the previous session.

Across major cities, prices remained largely uniform at ₹1,590 per 10 grams in Mumbai, Delhi, Kolkata, Bangalore, Pune, Vadodara, and Ahmedabad. However, higher rates were recorded in southern markets like Hyderabad and Kerala, where silver was priced at ₹1,740 per 10 grams, or ₹1,74,000 per kilogram.

In the past few sessions, silver has seen minor corrections—from ₹1,72,000 per kilogram on October 20 to ₹1,59,000 per kilogram on October 23—reflecting mild volatility after earlier gains. Despite the recent dip, steady retail buying and festive demand continue to lend support to the market.

Conclusion

In summary, silver prices in India declined to ₹159 per gram and ₹1,59,000 per kilogram on October 23, 2025, after steady levels earlier in the week. The market saw a gradual correction from ₹1,72,000 per kilogram on October 20, reflecting mild volatility in recent sessions. Even with the dip, festive-season demand and consistent retail buying continue to provide underlying support to silver’s overall momentum in the domestic market.