Silver prices have fallen significantly ahead of Dhanteras 2025, offering a good opportunity for buyers planning to purchase silver idols or utensils. On October 17, silver rates dropped by ₹4,000 compared to the previous day.
In Delhi, silver is trading at ₹1,85,000 per kg.
In Chennai, silver is priced at ₹2,03,000 per kg, remaining above ₹2 lakh.
The price difference between Delhi and Chennai is around ₹18,000 per kg.
This correction comes just before the festive season, making it an attractive time for buying silver.
Global Demand for Silver
Worldwide, silver demand is rising rapidly. It is increasingly used in electronics and solar panels, with industry accounting for 60–70% of total silver consumption. This strong industrial demand keeps silver prices high in the international market.
Silver Rates per Kilogram (Thursday, October 16, 2025)
| City | Price (₹/kg) |
|---|---|
| Delhi | 1,85,000 |
| Mumbai | 1,85,000 |
| Ahmedabad | 1,85,000 |
| Chennai | 2,03,000 |
| Kolkata | 1,85,000 |
| Gurugram | 1,85,000 |
| Lucknow | 1,85,000 |
| Bengaluru | 1,93,900 |
| Jaipur | 1,85,000 |
| Patna | 1,85,000 |
| Bhubaneswar | 1,85,000 |
| Hyderabad | 2,03,000 |
With silver prices correcting slightly, this pre-Dhanteras period could be an ideal time for investment or festive purchases.
