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Silver Price Today In India (Silver price today) 6 April 2026: Silver prices fell on Monday (April 6), pressured by the strength of the US Dollar, which made the precious metal less attractive for foreign buyers. Additional pressure came from geopolitical developments in the Middle East.
As of 6:50 am, spot silver was down 1.3 per cent, trading around USD 72.03 per ounce. While prices on the Multi Commodity Exchange were not available at the time of writing, they had settled 4.5 per cent lower at Rs 2,32,600.
Strong US dollar weighs on precious metals
The US Dollar Index, which measures the currency’s strength against a basket of major foreign currencies, remained above the 100 mark. A stronger USD typically puts downward pressure on precious metals, as silver is priced in dollars and becomes more expensive for non-USD buyers.
The dollar has been rising consistently since the beginning of the US-Iran conflict due to its safe-haven appeal. This trend has led some investors to move away from precious metals like gold and silver toward the US Dollar. Gold and silver are traditionally considered reliable assets during times of uncertainty.
Geopolitical Tensions Escalate
On the geopolitical front, the US President posted on the social media platform Truth Social, warning Iran of potential strikes on its power plants and bridges if it does not reopen the Strait of Hormuz. Tehran has rejected this ultimatum.
The Strait of Hormuz, which handles nearly 20 per cent of the world’s crude oil shipments, has seen developments that pushed oil prices above USD 110 per barrel. Higher oil prices can drive inflation, reduce consumers’ purchasing power, and decrease the likelihood of interest rate cuts, factors that put additional pressure on bullion markets.
Market Outlook
Analysts expect the overall trend in precious metals to remain sideways to bullish next week, according to a PTI report.
Investors will closely monitor upcoming inflation data, including the Consumer Price Index (CPI) and Personal Consumption Expenditures (PCE), which could provide insights into the health of the world’s largest economy.
Today Silver Rate in India (City-wise: 10g, 100g, 1kg)
| City | 10 Gram Silver Rate | 100 Gram Silver Rate | 1 Kg Silver Rate |
| Silver Prices in Delhi | 2,500 | 25,000 | 2,50,000 |
| Silver Prices in Mumbai | 2,500 | 25,000 | 2,50,000 |
| Silver Prices in Kolkata | 2,500 | 25,000 | 2,50,000 |
| Silver Prices in Chennai | 2,550 | 25,500 | 2,55,000 |
| Silver Prices in Patna | 2,500 | 25,000 | 2,50,000 |
| Silver Prices in Lucknow | 2,500 | 25,000 | 2,50,000 |
| Silver Prices in Noida | 2,500 | 25,000 | 2,50,000 |
| Silver Prices in Gurugram | 2,500 | 25,000 | 2,50,000 |
| Silver Prices in Chandigarh | 2,500 | 25,000 | 2,50,000 |
Silver prices are largely uniform across major Indian cities, with 10 g at Rs 2,500, 100 g at Rs 25,000, and 1 kg at Rs 2,50,000. Chennai shows a slight premium, reflecting regional demand or local market variations.
The India Bullion and Jewellers Association (IBJA) sets the daily “base price” of silver in India, which serves as the national benchmark for bullion rates. In simple terms, IBJA rates act as the reference price across the country.
| Purity | Morning Price | Evening Price |
| Silver 999* | Rs 2,27,813 per kg |
*Silver 999 means pure silver with 99.9 per cent purity.
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money-related decisions.)
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