MCX Silver Rate Today At All-Time High! Delhi, Mumbai, Chennai, Bengaluru Silver Prices Above Rs 2.5 Lakh

Silver Rate Today: The prices of silver in India remained at elevated levels on Monday, December 29, as investors continued to buy the precious metal as a haven. Meanwhile, silver futures on Multi-Commodity Exchange (MCX) created another record today by hitting a record mark of Rs 2.42 lakh/ per kilogram. Meanwhile, the silver rate today in Delhi, Mumbai, Bengaluru, Chennai, Hyderabad, Pune, and other Indian cities remained above the Rs 2.5 lakh mark.

The sharp surge in silver prices has occurred as demand for the precious metal remained strong due to safe-haven buying, continuous purchases by central banks, robust industrial demand, and supply-side constraints.

Silver Rate Today

The price of silver in India saw a mild correction on Monday. Silver rate today stood at Rs 258 per gram and at Rs 2,58,000 per kilogram on December 29. The rate of silver has surged nearly 179% since the beginning of the year 2025.

"Silver prices remain above the ₹2 lakh mark and continue to climb, supported by strong upward momentum. The reason for its rising price is its link to gold. The metal is benefiting from gold's strength while also attracting interest tied to clean energy and manufacturing themes. The volatility level is increasing with such high prices; however, silver is retaining its gains with conviction from investors. This is leading to an overall optimistic market," stated Aksha Kamboj, Vice President, India Bullion & Jewellers Association (IBJA) and Executive Chairperson, Aspect Global Ventures.

Silver Rate In Bengaluru, Mumbai, Delhi, Bengaluru, Chennai, Other Indian Cities

City	10 gram	100 gram	1 Kg
Chennai	₹2,810	₹28,100	₹2,81,000
Mumbai	₹2,580	₹25,800	₹2,58,000
Delhi	₹2,580	₹25,800	₹2,58,000
Kolkata	₹2,580	₹25,800	₹2,58,000
Bangalore	₹2,580	₹25,800	₹2,58,000
Hyderabad	₹2,810	₹28,100	₹2,81,000
Kerala	₹2,810	₹28,100	₹2,81,000
Pune	₹2,580	₹25,800	₹2,58,000
Vadodara	₹2,580	₹25,800	₹2,58,000
Ahmedabad	₹2,580	₹25,800	₹2,58,000

MCX Silver Rate Today

MCX silver futures with March expiry touched another milestone on Monday. The MCX futures touched a lifetime high mark of Rs 2,54,174 per kilogram on Monday. Meanwhile, MCX silver futures touched an intraday low of Rs 2,45,000 per kilogram.

International Silver Rate Today

While MCX silver rates surged on Monday, there was some price correction in the international commodities market. The international silver rate today erased the earlier losses of 5% to return to the key level of around $80 per ounce. The decline has come as United States President Donald Trump gave a positive update on peace talks between Russia and Ukraine.

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