North India Statesman
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Silver Rate Today: Today i.e. on 8 October 2025, a significant increase has been seen in the price of silver. Especially before the festival of Karva Chauth, silver prices are touching new heights. In the domestic bullion market, the price of silver has crossed the level of Rs 1,57,000 per kg, which shows a jump of more than Rs 800 compared to yesterday. The main reason for this increase is the increasing industrial demand for silver in the international market, which is 60-70 percent of the total demand.
Why are silver prices increasing?
This sharp rise in silver prices is mainly due to the influence of the international market. The use of silver is increasing rapidly in industries, especially electronics, solar panels and medical devices. Apart from this, the demand for silver jewelery has also increased due to festivals like Karva Chauth. However, the impact of international demand is more significant than that of domestic demand.
Silver prices across cities (8 October 2025)
The following prices represent silver prices in major cities of India:-
| City | Price of 1 kg silver (in rupees) |
|---|---|
| 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 |
Effect of Karva Chauth
As the festival of Karva Chauth approaches, the purchase of silver jewelery has increased. The demand for silver in the Indian market always increases during festivals, but this time due to strong demand from the international market, its price has increased further. Experts believe that the price of silver may rise further in the coming days.
What should be done?
If you are planning to buy silver jewelery for Karva Chauth, it is important to decide quickly considering the current prices. Silver prices are likely to remain volatile, but may rise further due to industrial demand and festive season.
