Silver Rate in India on Fire a Day Before Karwa Chauth; MCX Silver Price Today Falls on Profit Booking

On October 9, 2025, the price of silver in India has reached Rs 1,61,000 per kilogram, marking a sharp and consistent upward trend over the past five days. Silver has increased by Rs 6,000 per kg, or Rs 6 per gram, since October 5, when it is priced at Rs 1,55,000 per kg on Thursday. Meanwhile, MCX silver futures saw a sharp decline of Rs 1,388, slipping from record highs as traders booked profits.

Silver Rate in India a Day Before Karwa Chauth 2025; Check Latest Prices Per Gm/Kg

With a fresh Rs 1,000 increase on October 9, silver has hit Rs 1,61,000 per kg, or Rs 1,610 for 10 grams, reflecting sustained demand-particularly in the lead-up to festive events like Karwa Chauth and Diwali.

On Thursday, silver prices in India saw a modest yet steady rise, continuing the upward momentum seen over the past several sessions. Today, the price of 1 gram of silver stands at Rs 161, marking a rise of Re 1 from yesterday's rate of Rs 160. The 8-gram rate also moved upward, reaching Rs 1,288, up by Rs 8 from the previous day's Rs 1,280.

For those purchasing in slightly larger quantities, 10 grams of silver is priced at Rs 1,610, showing an increase of Rs 10 compared to Rs 1,600 a day earlier. The 100-gram rate of the white metal climbed to Rs 16,100, reflecting a gain of Rs 100.

At the bulk level, the 1-kilogram silver price rose to Rs 1,61,000, up by Rs 1,000 from the previous day's Rs 1,60,000.

Drop in Silver Price Today Ahead of Karwa Chauth? MCX Silver Rate Falls

As of 12:27 PM IST on October 9, 2025, silver futures on the Multi Commodity Exchange (MCX) are trading at Rs 1,48,467 per kilogram, reflecting a decline of Rs 1,388 or 0.93% from the previous close. The previous closing price stood at Rs 1,49,855, while today's opening price was Rs 1,48,750, indicating early weakness in intraday trade.

Spot Silver Price Today

The trading volume on the MCX has reached 12,641 lots, suggesting steady participation despite the price dip. Meanwhile, the spot price of silver is significantly lower, quoted at Rs 90,951 per kilogram, highlighting the ongoing disparity between futures and spot markets.

"The sharp rise in silver prices over the past three weeks has been fueled by strong global cues, bullish sentiment in precious metals, and expectations of lower interest rates. However, market participants are now turning cautious, with many anticipating profit booking and a short-term correction in the coming sessions," cited investing.com report.

Silver Rate Today in Top Cities

Here's a detailed breakdown of silver rates today across major Indian cities like Chennai, Bangalore, Mumbai, Ahmedabad, Delhi and more a day before Karwa Chauth 2025

Chennai Silver Rate Today

In Chennai, silver prices remain among the highest in the country. As of October 9, 2025, silver is priced at Rs 1,710 for 10 grams, Rs 17,100 for 100 grams, and Rs 1,71,000 per kilogram.

Silver Rate Today in Mumbai

Mumbai is witnessing comparatively stable silver prices. On October 9, the rates stand at Rs 1,610 for 10 grams, Rs 16,100 for 100 grams, and Rs 1,61,000 per kilogram.

Delhi Silver Price Today

In the national capital, Delhi, silver prices mirror the trend seen in Mumbai. The current rates are Rs 1,610 for 10 grams, Rs 16,100 for 100 grams, and Rs 1,61,000 per kilogram. With Karwa Chauth around the corner, steady rates bring relief to consumers planning festive purchases.

Today's Silver Rate in Ahmedabad

Ahmedabad joins cities like Mumbai and Delhi in maintaining balanced silver prices. On October 9, 2025, silver is available at Rs 1,610 for 10 grams, Rs 16,100 for 100 grams, and Rs 1,61,000 per kilogram.

Silver Rate in Kolkata Today

Silver rates in Kolkata also align with the national average. As of today, silver is priced at Rs 1,610 for 10 grams, Rs 16,100 for 100 grams and Rs 1,61,000 per kilogram, offering consistency in pricing for buyers in the eastern region.

Bangalore Silver Rate Today

Bangalore maintains uniformity with other metro cities, with silver trading at Rs 1,610 for 10 grams, Rs 16,100 for 100 grams and Rs 1,61,000 per kilogram.

Silver Price in Hyderabad Today

Hyderabad is among the cities with the highest silver prices today. On October 9, 2025, silver is priced at Rs 1,710 for 10 grams, Rs 17,100 for 100 grams and Rs 1,71,000 per kilogram.

Kerala Silver Rate Today

Silver in Kerala has also reached Rs 1,710 for 10 grams, Rs 17,100 for 100 grams, and Rs 1,71,000 per kilogram.

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