Silver Price Today 12 May 2026 in India: Silver prices have witnessed a strong upward trend in the domestic market, driven by global factors and rising demand for safe-haven assets.
Silver Price Today 12 May 2026 in India
- Silver Price (per gram): ₹290 (approx.)
- Silver Price (per kg): ₹2,90,000 (approx.)
Across major cities in India, silver is trading between ₹290 to ₹295 per gram, depending on local taxes and jeweller margins.
Silver Prices Surge Today
On 12 May 2026, silver prices surged significantly, with reports indicating a jump of nearly ₹10,000 per kg in the domestic market.
Gold Rate Today 6 May 2026 Gold Prices in India
Key Reasons Behind the Price Rise
- Weakening US dollar boosting precious metals
- Increased demand for safe-haven investments
- Global geopolitical tensions
- Falling crude oil prices supporting commodity markets
City-Wise Silver Rate Today 12 May 2026 (Indicative)
Delhi ₹290 per gram , ₹2,90,000 per kg
Mumbai ₹290 per gram , ₹2,90,000per kg
Bangalore ₹290 per gram , ₹2,90,000 per kg
Chennai ₹300 per gram , ₹3,00,000 per kg
Silver Price Trend in 2026
Silver prices have shown high volatility in 2026:
- January 2026: Peak levels near ₹4,10,000/kg
- March 2026: ₹2,30,000–₹3,15,000/kg range
- April 2026: ₹2,50,000–₹2,75,000/kg
Factors Affecting Silver Prices in India
- International market trends
- Rupee vs US dollar exchange rate
- Industrial demand (electronics, solar panels)
- Gold price movement
- Inflation and interest rates
Is It the Right Time to Buy Silver?
Silver remains a strong long-term investment option, especially during uncertain economic conditions. However, investors should be cautious of short-term volatility and track daily price movements before making decisions.
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Conclusion
The silver price today (12 May 2026) reflects a bullish trend, with rates around ₹290 per gram. The sharp rise highlights strong global demand and market uncertainty, making silver attractive for investors.