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Silver Price Today (May 8, 2025): Latest Rates for Mumbai, Delhi, Chennai

As of 10:40 AM on May 8, 2025, silver prices in India have increased by ₹0.10 per gram compared to the previous session. This minor uptick reflects continued cautious sentiment among silver traders amid fluctuating global cues and currency movements.

Silver Price Today in Mumbai

  • Silver price today in Mumbai: Silver rate today has risen to ₹99.10 per gram, showing a ₹0.10 increase from yesterday’s rate of ₹99.
  • Silver Price Today in Delhi: Delhi mirrors Mumbai’s movement, with silver currently priced at ₹99.10 per gram.
  • Silver Price Today in Bangalore: Bangalore follows the same trend, with today’s silver rate standing at ₹99.10 per gram.
  • Silver Price Today in Chennai: Chennai continues to trade higher, with silver priced at ₹111.10 per gram, maintaining its premium over other metros.
  • Silver Price Today in Hyderabad: Hyderabad remains consistent with Chennai, quoting silver at ₹111.10 per gram today.
  • Silver Price Today in Kerala: Kerala also maintains a higher rate, with silver priced at ₹111.10 per gram as of today’s update.

Recent Silver Price Trends in India

Following are the latest trends in silver prices over the past several sessions:

  • May 8: Silver Price today stood at ₹99.10 per gram
  • May 7: Silver was priced at ₹99.00 per gram
  • May 6: Silver declined to ₹96.90 per gram
  • May 5: Silver was at ₹97.00 per gram
  • May 4: Silver held steady at ₹98.00 per gram
  • May 3: Silver remained unchanged at ₹98.00 per gram
  • May 2: Silver stood still at ₹98.00 per gram

Conclusion

The silver rate today (May 8) in India has seen a modest rise of ₹0.10 to ₹99.10 per gram. While cities like Mumbai, Delhi, Bangalore, Pune, and Ahmedabad reflect this gradual upward trend, southern cities including Chennai, Hyderabad, and Kerala continue to command a significantly higher rate of ₹111.10 per gram. With international silver market cues and rupee-dollar dynamics playing a pivotal role, silver investors are keenly watching the daily price action for short-term movements and long-term entry points.

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