The price of silver in India saw a modest increase at the start of the new month. On Monday, December 1, 2025, the precious metal traded higher, continuing a remarkable upward trend that has been a hallmark of the year.
Silver Price Update: Current Rates and Daily Change
As of December 1, the price of silver in the national bullion market is ₹188 per gram. This marks an increase of ₹3 from the previous day's closing rate of ₹185 per gram. When measured in larger quantities, the white metal is priced at ₹1,88,000 per kilogram, reflecting a significant jump of ₹3,000.
The daily price movement for various quantities is summarized below:
- 1 gram: ₹188 (Yesterday: ₹185) | Change: +₹3
- 8 grams: ₹1,504 (Yesterday: ₹1,480) | Change: +₹24
- 10 grams: ₹1,880 (Yesterday: ₹1,850) | Change: +₹30
- 100 grams: ₹18,800 (Yesterday: ₹18,500) | Change: +₹300
- 1 kilogram: ₹1,88,000 (Yesterday: ₹1,85,000) | Change: +₹3,000
City-Wise Silver Rates Across India
The price of silver can vary slightly across different Indian cities due to factors like local taxes and demand. Here are the rates for 10 grams, 100 grams, and 1 kilogram of silver in major urban centers on December 1:
- Mumbai, Delhi, Kolkata, Bangalore, Pune, Vadodara, Ahmedabad: ₹1,880 (10g), ₹18,800 (100g), ₹1,88,000 (1kg)
- Chennai, Hyderabad, Kerala: ₹1,960 (10g), ₹19,600 (100g), ₹1,96,000 (1kg)
Behind the Shine: Factors Fueling Silver's Rally
Silver's performance in 2025 has been nothing short of spectacular, with its value nearly doubling over the past eleven months. Interestingly, it has even outpaced the gains seen in gold this year. This surge is attributed to a powerful combination of factors.
Strong seasonal demand from the ongoing festive and wedding season in India is a primary driver. Additionally, increased investment demand for Silver Exchange-Traded Funds (ETFs) has provided substantial support to prices. Investors and companies are turning to silver not only as a traditional hedge against economic uncertainty but also for its extensive industrial applications in sectors like electronics and solar panels.
The public interest mirrors this financial trend. The term 'silver' has become one of the top-searched keywords on Google Trends in India, indicating heightened retail curiosity and potential investment interest as prices climb.