Mumbai, January 3: Silver rate in India maintained its strong momentum on January 3, trading at approximately INR 2,42,100 per kilogram. This follows a marginal early-morning increase of INR 100 in silver rates, reflecting a broader trend where the "white metal" has significantly outperformed other precious metals at the start of the year. Gold Rate Today, January 3, 2026: Check 22K and 24K Gold Prices in Delhi, Mumbai, Chennai, and Other Cities.

While prices remain largely consistent across the north and west, regional variations continue to favor certain hubs. In Chennai, silver is trading at a premium of INR 2,60,100 per kilogram, significantly higher than the INR 2,42,100 reported in Delhi, Mumbai, and Kolkata. Industrial demand, particularly for solar energy and electric vehicle (EV) components, remains a primary catalyst for these elevated price levels as we move into 2026. Silver Rate Today, January 2, 2026: Check Latest Prices in Delhi, Mumbai, Chennai and Other Major Cities as White Metal Remains Steady After New Year.

Silver Rates Today: January 3, 2026 (Per Kilogram)

City Silver Price Today
Delhi INR 2,42,100
Mumbai INR 2,42,100
Chennai INR 2,60,100
Hyderabad INR 2,60,100
Bengaluru INR 2,42,100
Ahmedabad INR 2,42,100
Kolkata INR 2,42,100
Pune INR 2,42,100
Kerala INR 2,60,100
Vadodara INR 2,42,100

The early market activity on Saturday indicates a stable upward trend for precious metals in 2026, characterized by marginal gains in gold and a steady climb for silver. While gold remains a primary focus for many investors, silver’s continued price appreciation highlights its growing importance as both a safe-haven asset and an industrial essential.

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(The above story first appeared on LatestLY on Jan 03, 2026 08:54 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).