Silver Prices Ease on April 27: Check Latest Rates Across Major Cities in India
Silver prices started the week on a slightly weaker note, offering a small relief to buyers. On Monday, April 27, 2026, the bullion market witnessed a marginal dip in silver rates, with prices slipping by around ₹100 per kilogram in several parts of the country.
Despite the minor decline, the overall trend remains stable, with prices largely holding near last week’s levels. Both domestic and global factors continue to influence the movement of precious metals.
Silver Price Today in India
As per the latest update, silver is trading at approximately ₹2,59,900 per kilogram in most northern and western markets, including New Delhi, Mumbai, and Ahmedabad.
The fall is relatively small, indicating that the market is currently stable with no major volatility.
City-Wise Silver Rates (April 27, 2026)
Here’s a snapshot of silver prices across major cities:
- Delhi: ₹2,59,900/kg
- Mumbai: ₹2,59,900/kg
- Ahmedabad: ₹2,59,900/kg
- Kolkata: ₹2,59,900/kg
- Jaipur: ₹2,59,900/kg
- Lucknow: ₹2,59,900/kg
- Chandigarh: ₹2,59,900/kg
- Bhopal: ₹2,59,900/kg
In southern markets like Chennai and Hyderabad, prices are slightly higher at around ₹2,69,900 per kilogram.
What’s Driving Silver Prices Today?
The slight dip in silver prices is linked to several global and economic factors:
- Stronger US Dollar: A firm dollar tends to reduce demand for precious metals globally
- Global Market Weakness: International silver prices have dropped to around $75.37 per ounce, down by over 1%
- Geopolitical Tensions: Ongoing uncertainty in regions like West Asia is adding volatility
- Gold Price Movement: Since gold and silver often move together, weakness in gold is also impacting silver
These combined factors are influencing both domestic and international bullion markets.
Comparison with Previous Market Levels
In the previous trading session on MCX (Multi Commodity Exchange), silver had closed at around ₹2,44,321 per kilogram. The current market trend shows some fluctuation, and investors are closely watching whether global cues will continue to impact domestic prices in the coming days.
What It Means for Buyers and Investors
The slight drop in silver prices may present an opportunity for buyers planning purchases or investments. However, since the decline is minimal, it indicates a stable market rather than a major correction.
Investors should keep an eye on global developments such as currency movements, crude oil prices, and geopolitical updates before making decisions.
Final Takeaway
Silver prices have edged lower at the start of the week, but the overall trend remains steady. While the dip is small, it reflects the ongoing influence of global economic factors on precious metals.
For buyers, this could be a good time to monitor the market closely, while investors should remain cautious and informed before making any moves.
Disclaimer: Prices mentioned are indicative and may vary by location and seller. This article is for informational purposes only and should not be considered investment advice.
