Silver Price (Today) 28 January 2026: Gold and silver prices remain elevated after record highs with mild corrections offering fresh cues for investors. Check latest rates, city-wise prices and what it means for investors.
Silver prices hold firm across Indian cities as markets pause after recent volatility on 28 January, 2026 (Photo: File)
Silver Price (Today) 28 January 2026: Silver prices in India have been a focus for a while now as the metal is trading close to its record highs in January 2026. Silver has experienced significant fluctuations recently due to the powerful international signals, changes in currency and increasing demand for investment and the current rally indicates opportunities as well as warnings for the investors and buyers.
As of today, silver is priced at Rs. 370 per gram in India, marking a daily increase of Rs. 10 while on a kilogram basis, the silver now costs Rs. 3,70,000, reflecting sustained upward momentum across domestic markets.
This sharp climb follows record-setting highs earlier in January with brief pauses driven by profit booking.
On commodity exchanges, silver futures remain firm, supported by global uncertainty and industrial demand while gold has seen modest movement, silver’s performance has clearly outpaced it, reinforcing its role as both a precious and industrial metal.
Mumbai mirrors national pricing due to strong liquidity and trading volumes.
Demand from jewellers and investors keeps rates aligned with major metros.
Kolkata remains steady with no regional premium today.
Southern markets show consistent pricing amid stable demand.
Higher rates reflect local taxes and strong consumption patterns.
| City | 10 g Price (₹) | 100 g Price (₹) | 1 Kg Price (₹) |
| Ahmedabad | 3,590 | 35,900 | 3,59,000 |
| Bangalore | 3,590 | 35,900 | 3,59,000 |
| Chandigarh | 3,590 | 35,900 | 3,59,000 |
| Chennai | 3,680 | 36,800 | 3,68,000 |
| Hyderabad | 3,680 | 36,800 | 3,68,000 |
| Jaipur | 3,600 | 36,000 | 3,60,000 |
| Kolkata | 3,600 | 36,000 | 3,60,000 |
| Mumbai | 3,600 | 36,000 | 3,60,000 |
| Delhi | 3,700 | 37,000 | 3,70,000 |
| Pune | 3,590 | 35,900 | 3,59,000 |
| Date | 1 Kg Price (₹) |
| Jan 27 | 3,70,000 |
| Jan 26 | 3,60,000 |
| Jan 25 | 3,35,000 |
| Jan 24 | 3,35,000 |
| Jan 23 | 3,40,000 |
| Jan 22 | 3,25,000 |
| Jan 21 | 3,30,000 |
| Jan 20 | 3,20,000 |
| Jan 19 | 3,05,000 |
| Jan 18 | 2,95,000 |
| Metric | Value |
| January 1 rate | Rs. 2,38,000 |
| January 27 rate | Rs. 3,70,000 |
| Monthly high | Rs. 3,70,000 |
| Monthly low | Rs. 2,38,000 |
| Monthly change | +55.46% |
The sharp rise highlights silver’s growing appeal as a hedge against inflation and currency weakness however, volatility remains high, making staggered investments a safer strategy.
Daily gains are fueled by global supply concerns, rising industrial use in electronics and solar energy, a weaker rupee, and speculative buying in commodity markets.
