The price of silver in India witnessed a positive movement as trading began on Monday, December 1, 2025. The precious metal recorded a gain, continuing its notable upward trend observed over the past year.
Silver Price Update: Key Figures
On this day, the price of silver experienced a slight uptick. The white metal was trading at ₹188 per gram, marking an increase of ₹3 from the previous day's rate. When viewed on a larger scale, silver is priced at ₹1,88,000 per kilogram, which reflects a significant rise of ₹3,000.
This increase is part of a broader, strong rally that has seen silver's value nearly double in the span of the last eleven months. Interestingly, while gold has been in the spotlight during 2025, silver has managed to outperform the yellow metal, registering a more dramatic rise over the previous year.
City-Wise Silver Rates in India
The price of silver can vary slightly across different Indian cities due to factors like local taxes and demand. Here is a snapshot of the silver rates in major Indian cities for quantities of 10 grams, 100 grams, and 1 kilogram as of December 1:
Chennai, Hyderabad, Kerala: ₹1,960 (10g), ₹19,600 (100g), ₹1,96,000 (1kg)
Mumbai, Delhi, Kolkata, Bangalore, Pune, Vadodara, Ahmedabad: ₹1,880 (10g), ₹18,800 (100g), ₹1,88,000 (1kg)
Drivers Behind the Rising Silver Prices
Several key factors are contributing to the sustained rise in silver prices. The ongoing festive and wedding season in India is a primary driver, as demand for silver jewellery and articles traditionally surges during this period.
Beyond domestic consumption, increased demand from investors for silver Exchange-Traded Funds (ETFs) is playing a crucial role. Companies and investors are purchasing silver not only as a hedge against inflation but also for its extensive industrial applications in sectors like electronics and solar panels. This dual demand—both as a precious metal and an industrial commodity—is providing strong support to its price.
The growing public interest is evident as 'silver' has become one of the top-searched keywords on Google Trends in India, indicating heightened consumer and investor attention towards the metal's market movements.
