Silver Rate Today India (29 Dec 2025): Prices Hit Record High
Updated
•2 min readSilver Rate Today: Prices Surge Past ₹2.5 Lakh/kg Ahead of New Year
New Delhi, Dec 29, 2025: Silver prices in India have hit a fresh all-time high today, driven by aggressive industrial demand and global supply constraints. As we approach 2026, the "poor man's gold" is outperforming the yellow metal.
Today's Silver Rates (Per 1 Kg)
| City | Silver Rate (999 Fine) | Trend |
| New Delhi | ₹2,50,210 | ▲ Up |
| Mumbai | ₹2,50,640 | ▲ Up |
| Chennai | ₹2,51,370 | ▲ Up |
| Kolkata | ₹2,50,310 | ▲ Up |
| Bangalore | ₹2,50,840 | ▲ Up |
Note: Prices exclude GST and making charges.
Why is Silver Rising?
- Industrial Demand: 2025 has seen massive demand from the Solar Panel (PV) and EV battery sectors. China's new export restrictions on industrial silver (effective Jan 1, 2026) have caused panic buying in global markets.
- Weak Rupee: The Indian Rupee has depreciated against the dollar, making imports more expensive.
- MCX Trends: On the Multi Commodity Exchange (MCX), silver futures for Mar 2026 delivery are trading at a premium, signaling that traders expect prices to go even higher.
Should You Buy?
Analysts suggest a "Buy on Dips" strategy.
- Support Level: ₹2,45,000 / kg.
- Resistance Level: ₹2,55,000 / kg.
With the wedding season upcoming and industrial demand peaking, silver is expected to test the ₹2.6 Lakh mark by mid-January 2026.
Source = https://unstory.app/trending/silver-rate-today-india-29-december-2025