On May 20, 2026, the Indian bullion market is witnessing a mixed trend in silver prices. Due to the influence of industrial demand and global economic signals on the international stage, silver prices are experiencing minor fluctuations. If you are planning to invest in silver or purchase jewelry today, the latest rates in various major cities may prove helpful.
Silver Prices in Major Cities Today (per kg and 100 grams)
| City | Silver 999 (₹/kg) | 100 Grams (₹) |
| Delhi | 2,88,500 – 2,90,000 | 28,850 – 29,000 |
| Mumbai | 2,87,800 – 2,89,500 | 28,780 – 28,950 |
| Chennai | 2,92,000 – 2,94,500 | 29,200 – 29,450 |
| Kolkata | 2,88,200 – 2,89,800 | 28,820 – 28,980 |
| Bengaluru | 2,88,900 – 2,90,500 | 28,890 – 29,050 |
| Hyderabad | 2,89,500 – 2,91,000 | 28,950 – 29,100 |
| Ahmedabad | 2,87,500 – 2,89,000 | 28,750 – 28,900 |
| Lucknow | 2,88,000 – 2,89,700 | 28,800 – 28,970 |
(Note: The prices listed above are estimates. They may exclude making charges, 3% GST, and other local taxes. Please contact your nearest trusted jeweler for the exact rates.)
Key Reasons for Fluctuations in Silver Prices
According to market analysts, several global and domestic factors are responsible for the volatility in silver prices:
- Industrial Demand: Rising consumption of silver in solar panels, electronics, and other industrial sectors directly influences its global price.
- Global Trends: Silver prices in the international market often fluctuate due to the strengthening of the US dollar and prevailing geopolitical conditions.
- Investment and Festivals: Demand for physical silver increases during the wedding season and festive periods in India, which provides support to price levels.
Important Advice for Investment
It is essential to understand market trends before investing in silver. Before making any major investment decision, consult your financial advisor and ensure you purchase only from certified bullion traders. Considering the current gold-silver price ratio, many investors are viewing silver as a strong option for the long term.
Disclaimer: This article is for informational purposes only. Silver prices may change due to market volatility. We do not assume responsibility for any financial loss or investment-related decisions.
To read this news in Hindi, click here: missionkiawaaz.in
