1 week ago
Silver Rebounds 0.60% in India After August 25 Dip
Silver became more expensive in India on 26 August 2026.
One gram cost ₹247, and one kilogram cost ₹246,560.
This was a 0.60% increase from the previous close.
The day before, silver had fallen 0.21%.
Prices were slightly different in cities such as Delhi, Mumbai, Bengaluru and Hyderabad.
A weaker US dollar and lower oil prices helped support silver.
Investors are waiting for US economic information and speeches about interest rates.
Silver is used both as a precious metal and in products such as solar panels, electric vehicles and AI infrastructure.
One analyst said prices could rise further if they break above an important resistance level.
Silver rose 0.60% on 26 August 2026 to ₹247 per gram, ₹2,466 per 10 grams and ₹246,560 per kilogram.
On 25 August, silver had fallen 0.21% to ₹244 per gram and ₹244,290 per kilogram.
On 26 August, city rates ranged from ₹246 per gram in Delhi and Kolkata to ₹247 in several other major cities.
A softer dollar, lower oil prices and expectations around US interest rates supported silver, while traders awaited US economic data and Federal Reserve guidance.
Choice Broking identified resistance near ₹248,800, while Axis Securities previously said an international close above $70 could open a path toward $72-$75.
- Who
- Silver-market participants, investors and analysts, including Aamir Makda of Choice Broking and Axis Securities.
- What
- Indian silver prices rose 0.60% on 26 August after declining 0.21% on 25 August.
- Where
- India, with rates reported for cities including Mumbai, Bengaluru, Hyderabad, Delhi, Ahmedabad, Chennai, Kolkata, Pune and Surat.
- When
- 25 and 26 August 2026.
- Why
- The 26 August rise was supported by a softer dollar, lower oil prices, expectations about US interest rates and demand linked to industrial uses; the previous day, a stronger dollar had pressured prices.
Key facts
- 26 August rate
- ₹247 per gram; ₹2,466 per 10 grams; ₹246,560 per kilogram
- 26 August daily change
- Up 0.60% from the previous close
- 25 August rate
- ₹244 per gram; ₹2,443 per 10 grams; ₹244,290 per kilogram
- 25 August daily change
- Down 0.21% from the previous close
- Highest listed city rate on 26 August
- ₹247 per gram in Ahmedabad, Bengaluru, Chennai, Hyderabad, Mumbai, Pune and Surat
- Lowest listed city rate on 26 August
- ₹246 per gram in Delhi and Kolkata
- Choice Broking outlook
- Resistance was identified near ₹248,800, with a possible move toward ₹255,000 after a breakout
- Axis Securities outlook
- A sustained international close above $70 could target $72-$75; otherwise, silver could consolidate between $66 and $70
Quotes
Axis Securities
Financial securities and investment research firm cited in the article’s market outlook
“Comex Silver settled flat, near the $69 level, as prices failed to breach the key resistance zone near $70. A sustained daily close above $70 could trigger further upside toward $72 and $75. However, if prices remain below this crucial resistance, Silver is likely to continue consolidating within the $66–$70 range”
financialexpress.com
“Silver price has resumed slightly gapped up by 0.50% in today’s session at Rs 245,535, continued to trade over its all key moving averages on hourly chart i.e. 20, 50 and 100-EMAs placed at RS 243844, to Rs 243380 and Rs 241234 respectively.”
financialexpress.com






