Silver Prices Slip on April 10: Rates Ease Across Major Cities, Check Latest Per Kg Price
Silver prices in India saw a mild decline on Friday, April 10, offering slight relief to buyers and investors. The price of silver dropped by around ₹100 per kilogram, with most major cities—including Delhi, Mumbai, Lucknow, and Jaipur—recording rates at ₹2,54,900 per kg.
Despite the dip, regional variations remain, as southern cities like Chennai and Hyderabad continue to trade at comparatively higher levels.
Latest Silver Rates in Key Indian CitiesHere’s a look at today’s silver prices across major cities:
City Silver Price (₹/kg)| Delhi | 2,54,900 |
| Mumbai | 2,54,900 |
| Ahmedabad | 2,54,900 |
| Chennai | 2,59,900 |
| Kolkata | 2,54,900 |
| Hyderabad | 2,59,900 |
| Jaipur | 2,54,900 |
| Bhopal | 2,54,900 |
| Lucknow | 2,54,900 |
| Chandigarh | 2,54,900 |
The slight drop in silver prices is mainly attributed to profit booking and global market trends
Key factors influencing today’s dip include:
- Fluctuations in international bullion prices
- Changes in industrial demand for silver
- Movement in the US dollar and global economic signals
- Ongoing geopolitical developments affecting commodity markets
Silver prices in India are closely linked to international trends. Any shift in global demand, currency values, or economic outlook directly impacts domestic rates.
While today’s fall is relatively small, it reflects the volatile nature of precious metal markets, where prices can change quickly based on global cues.
Is This the Right Time to Buy Silver?For buyers planning to invest or purchase silver jewelry, the current dip may offer a short-term opportunity. However, experts suggest keeping a close watch on market trends, as prices may continue to fluctuate in the coming days.
Silver remains an important asset not only for investment but also for industrial use. While short-term corrections are common, long-term demand—especially from sectors like electronics and solar energy—continues to support its value.