Silver Prices Today in India: Silver prices in India recorded a marginal decline on Tuesday, April 7, 2026, tracking a broader softening in international bullion markets. The industrial metal saw a decrease of ₹100 per kilogram in early morning trade, reflecting the impact of a resurgent U.S. dollar and shifting geopolitical dynamics in West Asia.
Regional Price Breakdown
The domestic bullion market displayed regional variations in pricing, with a significant premium observed in South Indian cities. In major metropolitan hubs including Delhi, Mumbai, and Ahmedabad, silver is currently trading at ₹2,49,900 per kilogram. This rate remains consistent across other key states such as Rajasthan, Uttar Pradesh, and Madhya Pradesh.
Conversely, prices in Chennai and Hyderabad reached ₹2,60,100 per kilogram, maintaining a higher threshold compared to northern and western markets. Meanwhile, the lowest rate among major cities was recorded in Kolkata at ₹2,49,100.
| City | Silver Price (Per Kg) |
| Chennai | ₹2,60,100 |
| Hyderabad | ₹2,60,100 |
| Delhi | ₹2,49,900 |
| Mumbai | ₹2,49,900 |
| Ahmedabad | ₹2,49,900 |
| Jaipur | ₹2,49,900 |
| Bhopal | ₹2,49,900 |
| Lucknow | ₹2,49,900 |
| Chandigarh | ₹2,49,900 |
| Kolkata | ₹2,49,100 |
Global Market Influences
The slight correction in silver and gold prices is largely attributed to heightened tensions in West Asia and assertive rhetoric from the United States. These factors have bolstered the U.S. dollar, subsequently exerting downward pressure on precious metals, which are priced in the greenback globally.
Market analysts suggest that the trajectory of silver prices in the coming days will remain sensitive to fluctuations in crude oil costs and the sustained strength of the dollar. As global geopolitical instability continues to influence investor sentiment, bullion markets are expected to witness further volatility.
