Silver prices in India witnessed a dramatic and sharp upward movement on Wednesday, December 17, 2025, marking one of the most significant single-day gains in recent times. The precious metal, often overshadowed by gold, staged a powerful rally, with its price jumping to ₹2,080 per 10 grams and a substantial ₹2,08,000 per kilogram.
Steep Single-Day Surge in Silver Rates
This new price point represents a steep increase of ₹8,900 per kilogram compared to the rates observed on the previous day, Tuesday. On a per-gram basis, the price edged higher by ₹8.90, settling at ₹208. This surge is the culmination of a period of high volatility observed in the silver market over the preceding ten days, where prices fluctuated significantly before this decisive upward break.
While gold remains a primary focus for many Indian investors and households, silver has notably outperformed the yellow metal in this rally. The white metal's value has shown remarkable strength, with reports indicating it has doubled over the last eleven months, highlighting a sustained bullish trend.
City-Wise Silver Price List for December 17
The price of silver varies across major Indian cities due to factors like local taxes, making charges, and transportation costs. Here is a snapshot of the rates in key metropolitan centers as of December 17, 2025.
For 10 grams of silver:
- Chennai, Hyderabad, Kerala, Coimbatore, Madurai, Vijayawada, Bhubaneswar: ₹2,220
- Mumbai, Delhi, Kolkata, Bangalore, Pune, Vadodara, Ahmedabad, Jaipur, Lucknow, Patna, Nagpur, Chandigarh, Surat: ₹2,080
The pattern continues for larger quantities, with a kilogram of silver priced at ₹2,22,000 in the first group of cities and ₹2,08,000 in the second. This regional disparity is crucial for buyers and sellers to note for accurate valuation.
Market Trends and Public Interest
The sharp rise in prices has naturally spurred increased public curiosity and search activity online. Google search trends have shown a noticeable uptick for queries such as 'silver rate today Mumbai', indicating that retail investors and jewelry buyers are actively seeking real-time information to navigate this volatile market.
The current market dynamics present silver not just as a traditional ornament metal but as a volatile and potentially rewarding asset class. Its significant leap, especially in contrast to a relatively steadier gold market, is drawing attention from both seasoned commodity traders and common citizens looking to understand the movement of their household assets.
Analysts often attribute such sharp movements to a combination of global factors like international bullion prices, currency exchange rates (USD/INR), and domestic demand-supply equations. The substantial single-day gain of ₹8,900 per kg underscores the metal's sensitivity to these macroeconomic and local cues.
