Silver prices steady near ₹2.5 lakh/kg across India

Silver continued to trade strong across major Indian cities on 6 January, with prices hovering close to the ₹2.5 lakh/kg mark. In Delhi, the benchmark price stood at ₹2,497 for 10 gm, ₹24,966 for 100 gm, and ₹2,49,660 for 1 kg. Similar trends were observed in Mumbai, Kolkata, and Chennai, where silver remained in the ₹2,42,000–₹2,49,000/kg range.

Global cues also supported the rally, with COMEX silver trading up over 1% near $78 per ounce. Market experts believe that if silver breaks the ₹2,50,000/kg resistance on the MCX, it could advance toward ₹2,55,000/kg in the near term.

Key highlights

• Delhi prices: ₹2,497 (10 gm), ₹24,966 (100 gm), ₹2,49,660 (1 kg).
• Mumbai & Kolkata: Prices around ₹2,42,100–₹2,45,000 per kg.
• Chennai: Silver near ₹2,44,000 per kg.
• Global cues: COMEX silver up 1%, trading near $78/oz.
• Outlook: Breakout above ₹2,50,000/kg could trigger further gains.

Sources: Livemint; DNA India; One News Page