Silver prices in India dipped sharply as reported on February 4 across all major cities. The price of one gram silver and one kg silver dipped ₹30 and ₹30,000, respectively compared with the previous session’s closing price. This report provides a detailed, city-by-city breakdown of the latest silver prices.
Market experts remain constructive on silver but urge investors to balance optimism with caution.
Silver Rate in India
Silver prices declined, with the average rate settling at ₹320 per gram, higher by ₹40, while one kilogramme now costs about ₹3,20,000, costlier by ₹40,000.
Silver Rate in Mumbai
Silver prices in Mumbai rose ₹40 to ₹320 per gram, while one kilogramme now costs about ₹3,20,000, higher than yesterday by ₹40,000.
Silver Rate in Chennai
Chennai’s silver rates have also seen an increase to ₹3,20,000 per kg, while 1 gm of silver is available at ₹320, or higher than yesterday by ₹40.
Silver Rate in Delhi
In Delhi, the prices moved similarly higher, tracking gains seen across major cities. The price of one kilogramme of silver went up to ₹3,20,000 compared with ₹2,80,000 in the previous session, marking a steep ₹40,000 climb in a single day.
Silver Rate in Ahmedabad
Silver prices in Ahmedabad increased, mirroring the uptrend seen across other parts of the country. The cost of one kilogramme rose sharply by ₹40,000 to ₹3,20,000, up from ₹2,80,000 in the previous session. In turn, 1 gm of silver was available for ₹320, costlier by ₹40 compared with the previous session’s price of ₹280.
Silver Rate in Kolkata
In Kolkata, the white metal saw an equally strong rise, as a kilogramme became costlier by ₹40,000 at ₹3,20,000 compared with ₹2,80,000 for which it was available yesterday.
Silver Rate in Bengaluru
In Bengaluru too, silver prices climbed up by ₹40 and by ₹40,000 to ₹320 per gram and to ₹3,20,000 per kg, respectively.
Silver Rates Courtesy: bankbazaar.com
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Published on February 4, 2026
