Silver Price Today: Silver Becomes Costlier on 9 December, Check Latest Rates Across Major Cities
Silver Price Today: Prices Jump on 9 December as Demand Outpaces Supply
Silver prices recorded a sharp rise on Tuesday, 9 December 2025, after a brief decline seen a day earlier. The metal regained momentum and traded in the green across key Indian cities. In Delhi, one kilogram of silver was priced at ₹1,90,000, marking a firm upward trend. Chennai continued to remain the costliest, with silver trading at ₹1,99,000 per kilogram.
The latest surge in silver prices reflects a combination of global economic cues, rising industrial demand, and expectations regarding US monetary policy. Analysts suggest that silver may remain bullish in the near term as multiple factors continue to push its value upward.
Why Silver Prices Are Rising
Silver’s appeal is not limited to jewellery—it is a crucial component in several industrial and technological sectors. The metal is widely used in electronics, mobile manufacturing, rechargeable batteries, medical equipment, and most notably, solar panels. With renewable energy gaining momentum globally, silver demand has continued to grow steadily.
However, the supply of silver has not kept pace with this rising demand. The result is a widening demand–supply gap, which naturally pushes market prices higher.
Adding to this, global market expectations indicate that the US Federal Reserve may soon cut interest rates. Lower interest rates typically encourage people to shift money into safer assets such as gold and silver. This renewed investment interest is also contributing to the rise in silver prices.
City-wise Silver Prices on 9 December 2025
Below are the latest silver rates per kilogram across major Indian cities:
| City | 1 kg Silver Price (₹) |
|---|---|
| Delhi | 1,90,000 |
| Mumbai | 1,90,000 |
| Ahmedabad | 1,90,000 |
| Chennai | 1,99,000 |
| Kolkata | 1,90,000 |
| Gurugram | 1,90,000 |
| Lucknow | 1,90,000 |
| Bengaluru | 1,90,000 |
| Jaipur | 1,90,000 |
| Patna | 1,90,000 |
| Bhubaneswar | 1,90,000 |
| Hyderabad | 1,90,000 |
Chennai continues to top the list with the highest price, nearing the ₹2 lakh mark, reflecting strong regional demand along with local market dynamics.
Silver Nearing Peak Levels Once Again
Market analysts believe silver prices are once again approaching their peak levels. With supply pressures, growing industrial use, and safe-haven investment sentiment, the upward trajectory could continue unless global economic conditions shift significantly.
Investors looking at silver as a long-term asset consider this metal a strong hedge against inflation and market volatility. However, experts also advise monitoring price fluctuations closely before making large investments.
