Silver prices in India remained stable on Friday, 31 October 2025, as the ongoing festive and wedding season continued to support both retail and investment demand. Despite minor fluctuations in global markets, domestic silver prices held firm — driven by strong jewellery sales, industrial use, and a steady rupee.
As of today, silver (Chandi) is priced at ₹150.90 per gram or ₹1,50,900 per kilogram, showing a marginal decline from the previous session and reflecting a balanced market sentiment across major Indian cities.
Today’s Silver Price in India (31 October 2025)
| Metal | Price per Gram (₹) | Price per Kilogram (₹) |
|---|---|---|
| Silver (Chandi) | ₹150.90 | ₹1,50,900 |
City-wise Silver Rates in India (31 October 2025)
| City | Silver Price (₹/kg) |
|---|---|
| Ahmedabad | ₹1,50,900 |
| Bangalore | ₹1,50,850 |
| Chandigarh | ₹1,50,950 |
| Chennai | ₹1,51,000 |
| Delhi | ₹1,50,900 |
| Gurugram | ₹1,50,890 |
| Hyderabad | ₹1,50,880 |
| Jaipur | ₹1,50,930 |
| Kolkata | ₹1,50,860 |
| Lucknow | ₹1,50,900 |
| Mumbai | ₹1,50,870 |
| Patna | ₹1,50,910 |
| Pune | ₹1,50,880 |
| Surat | ₹1,50,900 |
| Vadodara | ₹1,50,900 |
| Vijayawada | ₹1,50,880 |
| Visakhapatnam | ₹1,50,880 |
Note: Prices are indicative and may vary slightly due to jewellers’ margins, making charges, and local taxes.
Market Overview
Silver prices in India are influenced by global spot rates, USD–INR exchange movements, and domestic demand. Recently, the metal has maintained a stable trajectory, benefiting from strong festive buying and safe-haven interest amid global economic uncertainty.
In the international market, silver traded around $27.35 per ounce, showing limited volatility as traders await U.S. economic data and policy updates. A steady dollar and bond yields have kept global prices range-bound, while Indian demand remains robust.
Key Factors Influencing Silver Prices
1. Festive and Wedding Season Demand
The ongoing Diwali and wedding season has fuelled strong retail demand for silver jewellery, coins, and artefacts. Many buyers consider silver a symbol of prosperity and good fortune, resulting in consistently high sales across the country.
2. Industrial and Solar Demand
Silver’s critical role in electronics, EVs, and solar panels continues to strengthen its long-term industrial outlook. Rising investments in clean energy and technology sectors are creating a strong base for silver’s future growth.
3. Global Market Trends
Silver often moves in tandem with gold but also reacts independently to industrial demand. Analysts note that with silver consolidating near $27–28 per ounce, an upward breakout could follow if inflation or geopolitical tensions increase.
4. Stable Rupee and Import Costs
A steady INR–USD exchange rate has kept import costs in check. As India is a major importer of silver, a stable rupee helps shield domestic buyers from global price spikes.
5. Investor Sentiment
Silver ETFs and digital silver platforms continue to see strong inflows. Many investors view silver as an affordable hedge against inflation and a diversification asset alongside gold.
FAQs – Silver Price Today (31 October 2025)
Q1. What is the silver price in India today (31 October 2025)?
A. ₹150.90 per gram or ₹1,50,900 per kilogram.
Q2. Why are silver prices stable this week?
A. Consistent festive buying, steady rupee value, and global stability are keeping prices flat.
Q3. Is this a good time to buy silver?
A. Yes — silver remains a strong buy during the festive season due to favourable pricing and long-term industrial demand.
Q4. How does silver differ from gold as an investment?
A. Silver is more volatile but offers higher growth potential due to its industrial applications and use in renewable energy.
Q5. Will silver prices rise after Diwali 2025?
A. Analysts expect short-term stability, followed by potential gains driven by international market momentum.
Conclusion
Silver prices in India on 31 October 2025 remained steady at ₹150.90 per gram, supported by festive-season buying, industrial usage, and global cues. The metal continues to hold significance as both a symbol of prosperity and a diversified investment option.
Share
