Silver Prices Ease on April 20: Check Latest Rates in Delhi, UP, Bihar & Major Cities
Silver prices opened the week on a softer note, with a slight dip recorded across key Indian markets on Monday. After last week’s sharp gains around the Akshaya Tritiya buying season, the precious metal has seen a mild correction in early trade.
Here’s a detailed look at today’s silver rates and market trends.
Silver Price Today: Minor Drop in Bullion Market
On April 20, silver prices slipped by around ₹100 per kilogram in the morning session.
- North India average rate: ₹2,74,000 – ₹2,74,900 per kg
- Compared to last Friday, silver is still ₹5,000 higher on a weekly basis
This indicates that while short-term profit booking is visible, the overall trend remains firm.
City-Wise Silver Rates (April 20, 2026)
Here’s how silver is trading across major Indian cities:
| City | Price per kg (₹) |
|---|---|
| Delhi | 2,74,900 |
| Mumbai | 2,74,900 |
| Ahmedabad | 2,74,900 |
| Kolkata | 2,74,900 |
| Jaipur | 2,74,900 |
| Lucknow | 2,74,900 |
| Bhopal | 2,74,900 |
| Chandigarh | 2,74,900 |
| Chennai | 2,79,900 |
| Hyderabad | 2,79,900 |
📌 Key Insight:
Southern cities like Chennai and Hyderabad are trading about ₹4,000 higher per kg compared to North Indian markets.
Why Silver Prices Fell Today
The slight decline in silver prices is linked to global market movements:
- A stronger US dollar has reduced demand for precious metals
- Rising crude oil prices have added inflation concerns
- Profit booking after festive demand (Akshaya Tritiya)
Global Market Trend
In international markets:
- Silver prices dropped around 1.55% to nearly $80.57 per ounce
- Gold also declined by about 1.25%
These global cues often influence domestic bullion rates.
Weekly Performance Still Strong
Despite today’s dip, silver has performed well recently:
- Up by nearly ₹5,000 per kg compared to last week
- Strong demand during festive buying supported prices
What Should Buyers Do?
If you’re planning to invest in silver:
- Short-term dips may offer buying opportunities
- Keep an eye on global cues and currency movements
- Avoid panic decisions based on daily fluctuations
Final Takeaway
Silver prices have started the week with a slight decline, but the broader trend remains stable after recent gains. With global factors influencing prices, investors should focus on long-term trends rather than short-term volatility.
Disclaimer
Prices mentioned are indicative and may vary by city and dealer. Investors are advised to consult financial experts before making investment decisions.
