Silver Prices Firm Across India Today, Oct 16, 2025; City-Wise Rates Ahead of Dhanteras 2025

Updated on: 16 Oct 2025, 3:54 pm IST

Silver prices in India rise by over 1% today, with Zaveri Bazar and major cities reporting higher premiums amid strong industrial and investment demand.

Silver prices continued to climb on October 16, 2025, as physical demand remains robust across India. Despite minor global price corrections, local bullion markets are observing higher premiums, driven by both industrial and investment demand.

City-Wise Silver Prices on October 16, 2025

City	Silver Price (₹/kg)	Change
Chennai	164,960	+2,010 (+1.23%)
New Delhi	164,180	+1,990 (+1.23%)
Mumbai	164,470	+2,000 (+1.23%)
Kolkata	164,250	+1,990 (+1.23%)
Bangalore	164,600	+2,000 (+1.23%)
Hyderabad	164,730	+2,000 (+1.23%)

Why Silver Prices Are Rising

Industrial Demand: Strong usage in electronics, solar, and investment sectors continues to push prices higher.
Physical Shortage: Limited availability of bullion and high premiums in local markets, including Zaveri Bazar.
Global Influence: International industrial and investment demand supports upward pricing trends despite minor corrections.

Conclusion

Silver prices in India are trending upward, with city-wise rates reflecting both domestic scarcity and global demand pressures. Investors and jewellers continue to track market developments closely as industrial and retail demand drives premiums.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Published on: Oct 16, 2025, 10:21 AM IST