As of 11:20 AM on May 2, 2025, silver prices in India have remained unchanged compared to the previous session. After a ₹2 drop yesterday, the silver rate today is holding steady at ₹98 per gram, reflecting a pause in recent price movement.
Invest in Indian Markets and Unlock Future Potential With 5paisa!Current Price of Silver Across Major Indian Cities
Here’s how the silver rate today on May 2, 2025 is playing out in key cities:
- Silver Price Today in Mumbai: The silver price today in Mumbai is flat at ₹98 per gram, showing no change from yesterday.
- Silver Price Today in Delhi: Delhi mirrors Mumbai, with the current price of silver at ₹98 per gram.
- Silver Price Today in Bangalore: In Bangalore, the silver rate today also stands at ₹98 per gram, indicating consistency in western and southern markets.
- Silver Price Today in Chennai: The silver price in India remains stronger in Chennai, currently quoted at ₹109 per gram.
- Silver Price Today in Hyderabad: Hyderabad’s silver rate today is ₹109 per gram, aligning with Chennai and Kerala.
- Silver Price Today in Kerala: In Kerala, the current price of silver holds at ₹109 per gram.
Recent Silver Price Trends in India
After a small ₹2 drop on May 1, silver prices in India have stabilized today on May 2, 2025. Here’s a brief snapshot of the recent silver rate trend:
- May 2: Silver prices remained unchanged at ₹98.00 per gram, maintaining yesterday’s level.
- May 1: Silver prices declined by ₹2.00 per gram, settling at ₹98.00 per gram.
- April 30: Silver rates witnessed a drop to ₹100.00 per gram.
- April 29: Silver prices held steady at ₹100.05 per gram.
- April 28: Silver prices stood at ₹100.05 per gram, reflecting mild downward movement.
Conclusion
The silver rate today (May 2) sees a slight dip. While Chennai, Hyderabad, and Kerala are witnessing elevated levels at ₹109 per gram, the rest of India, including Mumbai and Delhi, is seeing a flat trend at ₹98 per gram. With domestic demand steady and global cues still uncertain, investors are keeping a close watch on the current price of silver for short-term movements.
