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Silver Slips to ₹97: Regional Price Gap Widens Across India on May 5, 2025

As of 9:55 AM on May 5, 2025, silver prices in India have dropped marginally by ₹1 compared to the previous session. After holding steady for three straight days, today’s rate has moved down, reflecting a subtle bearish trend in the precious metal market.

Current Price of Silver Across Major Indian Cities

Here’s how the silver rate today on May 5, 2025 is playing out in key cities:

  • Silver Price Today in Mumbai: The silver price today in Mumbai has declined to ₹97 per gram, down ₹1 from yesterday.
  • Silver Price Today in Delhi: In Delhi, silver is now priced at ₹97 per gram, matching Mumbai’s rate.
  • Silver Price Today in Bangalore: Bangalore also reflects the pan-India trend with silver quoted at ₹97 per gram today.
  • Silver Price Today in Chennai: Chennai continues to trade higher, with silver priced at ₹108 per gram, showcasing regional pricing differences.
  • Silver Price Today in Hyderabad: Hyderabad mirrors Chennai’s rate, with silver currently at ₹108 per gram.
  • Silver Price Today in Kerala: Kerala’s silver rate is also elevated at ₹108 per gram, unchanged from the previous session.

Recent Silver Price Trends in India

Following are the latest trends in silver prices for the past few sessions:

  • 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.
  • May 1: Silver dropped ₹2.00 to ₹98.00 per gram.
  • April 30: Silver declined to ₹100.00 per gram.

Conclusion

The silver rate today (May 5) has dipped slightly by ₹1 to ₹97 per gram. While most major cities like Mumbai, Delhi, and Bangalore reflect this drop, southern regions like Chennai, Hyderabad, and Kerala continue to see higher silver prices at ₹108 per gram. With international market volatility and rupee-dollar movements influencing domestic silver rates, investors remain cautious amid a mild downward trend.

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