Silver prices have surged on October 8, continuing their upward trend ahead of Karva Chauth. The rise in prices is being driven more by global factors than domestic ones.
Due to growing industrial demand, silver prices are climbing steadily. In the domestic bullion market, the rate of one kilogram of silver has now crossed ₹1.5 lakh, reaching ₹1,57,100 today.
Silver Price on Wednesday, October 8, 2025
After gold, silver prices also increased today. On Wednesday, October 8, silver opened at ₹1,57,100 per kilogram, marking a rise of over ₹800 compared to the previous day.
Ahead of Karva Chauth, both gold and silver are seeing continuous growth. The increasing industrial demand, along with rising demand for silver jewellery, has pushed prices higher.
Experts say that industrial demand accounts for nearly 60–70% of the total demand for silver, which is one of the main reasons behind the price rise.
Silver Prices in Major Cities (Per 1 kg)
| City | Price (₹) |
|---|---|
| Delhi | 1,57,000 |
| Mumbai | 1,57,000 |
| Ahmedabad | 1,57,000 |
| Chennai | 1,67,000 |
| Kolkata | 1,57,000 |
| Gurugram | 1,57,000 |
| Lucknow | 1,57,000 |
| Bengaluru | 1,57,000 |
| Jaipur | 1,57,000 |
| Patna | 1,57,000 |
| Bhubaneswar | 1,57,000 |
| Hyderabad | 1,67,000 |
In short: Silver is shining bright before the festive season, with prices crossing ₹1.57 lakh per kilogram across major cities — a sign of strong demand both in India and globally.
