Silver prices in India maintained their bullish momentum on Monday, 20 October 2025, driven by strong industrial demand, festive season buying, and positive global cues. Also known as Chandi in Hindi, silver is now trading close to its four-month high across major Indian cities.
Today’s Silver Rate in India
Unit | Silver Price (₹) |
---|---|
1 Gram Silver | ₹ 171 – ₹ 190 |
10 Grams Silver | ₹ 1,710 – ₹ 1,900 |
1 Kilogram Silver (Chandi) | ₹ 1,71,000 – ₹ 1,90,000 |
Silver rates are up marginally from Sunday’s average of ₹ 1,72,000/kg to ₹ 1,71,900–1,90,000/kg, according to GoodReturns.
City-Wise Silver Price in India – 20 October 2025
City | 10 Gram Silver (₹) | 100 Gram Silver (₹) | 1 Kg Silver (₹) |
---|---|---|---|
Chennai | ₹ 1,899 | ₹ 18,990 | ₹ 1,89,900 |
Mumbai | ₹ 1,719 | ₹ 17,190 | ₹ 1,71,900 |
Delhi | ₹ 1,719 | ₹ 17,190 | ₹ 1,71,900 |
Kolkata | ₹ 1,719 | ₹ 17,190 | ₹ 1,71,900 |
Bengaluru | ₹ 1,799 | ₹ 17,990 | ₹ 1,79,900 |
Hyderabad | ₹ 1,899 | ₹ 18,990 | ₹ 1,89,900 |
Kerala | ₹ 1,899 | ₹ 18,990 | ₹ 1,89,900 |
Pune | ₹ 1,719 | ₹ 17,190 | ₹ 1,71,900 |
Vadodara | ₹ 1,719 | ₹ 17,190 | ₹ 1,71,900 |
Ahmedabad | ₹ 1,719 | ₹ 17,190 | ₹ 1,71,900 |
Prices differ slightly among cities due to transportation costs, making charges, and local taxes.
Silver Price Chart – October 2025 Trend
Silver has rallied 12% month-to-date, climbing from around ₹ 1.55 lakh/kg in early October to ₹ 1.90 lakh/kg now.
Key factors behind the rise:
- Increased investment demand in precious metals
- Industrial use in solar panels and electric vehicles
- Tight global supply due to reduced mine output
Why Is Silver (Chandi) Price Rising in India?
1. Festive Season Demand
With Dussehra and Diwali nearing, silver coins, utensils, and ornaments see rising demand for gifting and investment.
2. Industrial Growth
Used in solar panels, EV batteries, and electronics, silver’s industrial consumption continues to expand rapidly.
3. Global Supply Deficit
Silver mining output is falling worldwide, creating a structural shortage that pushes prices up.
4. Rupee Depreciation
The Indian rupee’s weakness against the US dollar makes imported silver costlier domestically.
FAQs on Silver Price Today
1. What is the silver price today in India?
→ Between ₹ 1,71,000 and ₹ 1,90,000 per kg as of 20 October 2025.
2. Why is silver called Chandi?
→ Chandi is the Hindi term for silver, traditionally associated with purity, wealth, and auspicious occasions.
3. Is it a good time to buy silver?
→ Analysts say silver remains an attractive long-term investment, especially during the festive season.
4. How to check live silver rates?
→ Track live rates on MCX, GoodReturns, or your local jeweller’s app for real-time updates.