Silver continues to shine in the Indian bullion market as prices remain elevated amid global economic uncertainties and festive demand. On October 8, 2025, the price of silver in India is trending at ₹1,47,356 per kilogram on the Multi Commodity Exchange (MCX), reflecting sustained investor interest and tight supply conditions.
Current Silver Rates
- Silver 999 Fine (Highest Purity): ₹138.64 per gram
- Silver 925 (Sterling Silver): ₹128.24 per gram
- Silver 900: ₹124.78 per gram
These rates vary slightly across cities due to local taxes, transportation costs, and jeweller margins. For instance, in Bengaluru, silver is priced at ₹156 per gram, or ₹1,56,000 per kilogram, as of October 6.
Global Trends & Market Sentiment
Silver’s rally is supported by speculative buying, tight global supply, and its dual role as both a precious and industrial metal. Analysts note that silver offers higher-beta exposure compared to gold, making it attractive for investors seeking amplified returns during inflationary cycles.Festive Demand Boost
With Dussehra and Diwali around the corner, retail demand for silver coins and bars has surged. Many buyers view silver as a traditional and auspicious investment during the festive season, further driving up prices.
As silver maintains its upward momentum, investors are advised to monitor market trends and consider timing their purchases strategically to make the most of seasonal offers and price dips.
