Silver Prices Skyrocket to Record Levels Across India
Silver prices in India achieved a historic milestone on Monday, January 19, 2026. The precious metal witnessed its most significant rally in decades, with prices reaching unprecedented heights. Today, silver costs ₹305 per gram and ₹3,05,000 per kilogram across the nation.
Silver Outperforms Gold with Remarkable Growth
While gold captured attention in 2025, silver has actually outperformed the yellow metal over the past year. Silver prices have risen considerably, doubling in just the last eleven months. The year 2026 has started strongly for precious metals, with silver showing particular strength.
In the first eighteen days of January alone, silver surged by approximately 25 percent. Since the beginning of the year, its price has increased by around ₹57,000. This extraordinary growth has made silver a focal point for investors and consumers alike.
Rapid Price Increase in a Single Month
GoodReturns highlighted the dramatic nature of this surge. The price of silver rose from the ₹2 lakh level to surpass the ₹3 lakh per kilogram mark within just one month. This rapid escalation has caught the attention of market watchers nationwide.
As a direct result, searches for the keyword 'silver price today' have become among the top trending keywords on Google Search Trends. People across India are actively checking current rates.
Current Silver Price Comparison
Here is a quick comparison of silver prices as of January 19:
- 1 gram: ₹305 (Yesterday: ₹295) - Change: +₹10
- 8 grams: ₹2,440 (Yesterday: ₹2,360) - Change: +₹80
- 10 grams: ₹3,050 (Yesterday: ₹2,950) - Change: +₹100
- 100 grams: ₹30,500 (Yesterday: ₹29,500) - Change: +₹1,000
- 1 kilogram (1000 grams): ₹3,05,000 (Yesterday: ₹2,95,000) - Change: +₹10,000
Source: GoodReturns
Silver Rates Across Major Indian Cities
Silver prices vary slightly across different Indian cities. Here are the rates for 10 grams, 100 grams, and 1 kilogram as of January 19:
- Chennai: ₹3,180 (10g), ₹31,800 (100g), ₹3,18,000 (1kg)
- Mumbai: ₹3,050 (10g), ₹30,500 (100g), ₹3,05,000 (1kg)
- Delhi: ₹3,050 (10g), ₹30,500 (100g), ₹3,05,000 (1kg)
- Kolkata: ₹3,050 (10g), ₹30,500 (100g), ₹3,05,000 (1kg)
- Bangalore: ₹3,050 (10g), ₹30,500 (100g), ₹3,05,000 (1kg)
- Hyderabad: ₹3,180 (10g), ₹31,800 (100g), ₹3,18,000 (1kg)
- Kerala: ₹3,180 (10g), ₹31,800 (100g), ₹3,18,000 (1kg)
- Pune: ₹3,050 (10g), ₹30,500 (100g), ₹3,05,000 (1kg)
- Vadodara: ₹3,050 (10g), ₹30,500 (100g), ₹3,05,000 (1kg)
- Ahmedabad: ₹3,050 (10g), ₹30,500 (100g), ₹3,05,000 (1kg)
Source: GoodReturns
Chennai, Hyderabad, and Kerala show slightly higher rates at ₹3,180 for 10 grams, while most other major cities maintain the ₹3,050 level for the same quantity.
Market Context and Consumer Impact
The sharp rise in silver prices reflects broader trends in the precious metals market. Investors are showing increased interest in silver as both an industrial metal and a store of value. This surge comes amid global economic uncertainties that often drive demand for tangible assets.
For consumers, these record prices mean higher costs for jewelry, silverware, and investment products. Many are monitoring daily fluctuations closely, as evidenced by the spike in online searches for current rates.
The silver market continues to demonstrate volatility and growth potential, making it a key commodity to watch in the coming months.
