Silver Price Today (Chandi Ka Bhav) – 23 October 2025

Silver prices in India held steady on Thursday, 23 October 2025, after witnessing strong gains earlier this month. The precious metal — known as Chandi in Hindi — continues to trade near its recent highs, driven by festive demand, industrial use, and firm global market cues.

According to the latest data from GoodReturns, silver prices are currently averaging around ₹1,59,900 per kilogram across major Indian cities.

Today’s Silver Rate in India (23 October 2025)

Unit	Silver Price (₹)
1 Gram Silver	₹159.90 – ₹174.90
10 Grams Silver	₹1,599 – ₹1,749
100 Grams Silver	₹15,990 – ₹17,490
1 Kilogram Silver	₹1,59,900 – ₹1,74,900

City-Wise Silver Prices in India – 23 October 2025

City	10 gram	100 gram	1 Kg
Chennai	₹1,749	₹17,490	₹1,74,900
Mumbai	₹1,599	₹15,990	₹1,59,900
Delhi	₹1,599	₹15,990	₹1,59,900
Kolkata	₹1,599	₹15,990	₹1,59,900
Bangalore	₹1,638	₹16,380	₹1,63,800
Hyderabad	₹1,749	₹17,490	₹1,74,900
Kerala	₹1,749	₹17,490	₹1,74,900
Pune	₹1,599	₹15,990	₹1,59,900
Vadodara	₹1,599	₹15,990	₹1,59,900
Ahmedabad	₹1,599	₹15,990	₹1,59,900

Note: Silver prices vary across cities depending on local taxes, transportation, and making charges.

Silver Price Trend – October 2025

Silver has risen sharply this month, moving from about ₹1.55 lakh/kg to ₹1.75 lakh/kg before stabilising this week. Both domestic and international factors support the steady performance. Key Reasons for the Current Trend

• Industrial demand for solar panels, EV batteries, and electronics.
• Festive season buying as Dussehra and Diwali approach.
• Tight global supply and mine output constraints.
• Rupee depreciation is making imported silver more expensive.

Also Read: Gold Price Today in India (23 October 2025)

Global Silver Market Update

• Spot Price: $28.80 per ounce
• 1-Month Change: +6.5 %
• MCX Silver (Dec Futures): ₹88,000 / kg (as of 23 Oct 2025)

FAQs – Silver Price Today in India (23 October 2025)

Q1. What is the silver price today in India?
A. As of 23 October 2025, silver trades between ₹1,59,900 and ₹1,74,900 per kg depending on the city.

Q2. Why is silver called Chandi?
A. In Hindi, Chandi means silver, symbolising purity, prosperity, and wealth — especially during festive occasions.

Q3. Should I buy silver today?
A. With prices steady and festive demand high, it’s a favourable time for buying silver jewellery or coins.

Q4. How can I check live silver prices?
A. You can track daily silver rates on GoodReturns, MCX, or your local jeweller’s app.

Conclusion

On 23 October 2025, silver prices in India are hovering around ₹1.6 lakh/kg, remaining firm amid festive demand and strong industrial usage. Market analysts expect prices to stay range-bound with a positive long-term outlook as global consumption continues to rise.

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