Mumbai, January 18: The silver rate in India remained steady on Sunday, January 18, maintaining the gains recorded during the previous session. The white metal continues to hold its ground amid stable international cues and consistent industrial demand. Scroll down to check silver rates in major Indian cities such as Delhi, Mumbai, Chennai, Hyderabad, Bengaluru, Ahmedabad, Kolkata, Pune, Kerala, and Vadodara.

In India, silver is not only an investment asset but also a key commodity for the festive and wedding seasons, which keeps the domestic market active. As of January 18, the retail price of silver in India stands at approximately INR 2,95,000 per kilogram. In high-demand southern cities like Chennai and Hyderabad, the price is slightly higher, hovering around INR 3,10,000 per kilogram. Silver Rate Today, January 17, 2026: Check Latest Prices of White Metal in Delhi, Mumbai, Chennai, and Other Major Cities.

Silver Rates Today: January 18, 2026 (Per Kilogram)

City Silver Price Today
Delhi INR 2,95,000
Mumbai INR 2,95,000
Chennai INR 3,10,000
Hyderabad INR 3,10,000
Bengaluru INR 2,95,000
Ahmedabad INR 2,95,000
Kolkata INR 2,95,000
Pune INR 2,95,000
Kerala INR 3,10,000
Vadodara INR 2,95,000

Gold Rate Today, Market Analysis

The price of silver in India is influenced by a combination of international market trends and the movement of the Indian Rupee against the US Dollar. Currently, global silver prices are benefiting from its dual role as a precious metal and a critical industrial component, particularly in the green energy sector and electronics. Silver Rate Today, January 16, 2026: Check Latest Prices of White Metal in Delhi, Mumbai, Chennai, and Other Major Cities.

On the international front, silver is trading near the USD 38.50 per ounce mark. Domestic price variations across cities like Chennai and Hyderabad are largely due to local taxes, transportation costs, and varying demand-supply dynamics in those specific regions.

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(The above story first appeared on LatestLY on Jan 18, 2026 09:54 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).