Silver Price Today: December 29 Sees a Slight Dip After Strong Rally — Check Rates in Major Cities
Silver prices in India took a minor breather on Monday, December 29, 2025, after witnessing a strong and steady upward trend throughout the month. The precious metal has remained above the ₹2.50 lakh per kilogram mark across major cities, holding near its all-time high levels. Despite today’s small dip, silver continues to outperform gold in terms of annual returns this year.
According to market data, silver prices have softened by around ₹100 per kg today. In Delhi, the price stands at ₹2,50,900 per kg, while Chennai — one of the most expensive silver markets — continues to trade above ₹2,73,900 per kg. The slight decline comes after multiple sessions of aggressive upward movement driven by heightened investment and industrial demand.
Silver Is at Its Peak — What’s Driving Prices Higher?
Over the past few weeks, silver has shown a sharp rally, climbing to record levels in several regions. Experts attribute this rise to a combination of domestic and global factors:
✔ Growing Industrial Demand:
Silver is becoming increasingly vital in modern industries, particularly in solar panels, electric mobility, green energy initiatives, and electronic components. As the demand for clean energy rises, silver consumption in manufacturing has surged significantly.
✔ Shift in Investor Preference:
Investors are diversifying beyond gold and looking for high-return precious metals. Silver has emerged as a preferred investment amid uncertain global economic conditions.
✔ Global Market Expectations:
Hopes of a rate cut in the United States and China’s possible export restrictions on silver post-2026 have strengthened market sentiment and triggered aggressive buying.
Silver Outshines Gold in 2025 Returns
This year, silver has delivered impressive returns — even surpassing gold:
| Metal | Annual Performance (2025) |
|---|---|
| Gold | ~65% gain |
| Silver | 120%+ gain |
Such a massive rally displays silver’s growing importance as both an investment and industrial commodity.
Silver Price Today — December 29, 2025 (City-Wise Rates)
| City | Price Per 1kg (₹) |
|---|---|
| Delhi | 2,50,900 |
| Mumbai | 2,50,900 |
| Ahmedabad | 2,50,900 |
| Kolkata | 2,50,900 |
| Gurugram | 2,50,900 |
| Lucknow | 2,50,900 |
| Bengaluru | 2,50,900 |
| Jaipur | 2,50,900 |
| Patna | 2,50,900 |
| Bhubaneswar | 2,50,900 |
| Chennai | 2,73,900 |
| Hyderabad | 2,73,900 |
(Prices may vary depending on local taxes, market premiums, and jeweller margins.)
Will the Silver Rally Continue?
Market analysts remain optimistic about silver’s long-term momentum. With rising industrial consumption, strategic stockpiling, and improving global economic prospects, silver may continue to stay bullish. However, short-term corrections — like today’s mild decline — are considered normal after large rallies.
Investors looking to enter the market are advised to monitor global cues and consult certified financial advisors before making large purchases or investment decisions.
