Silver price today: Rates slip 0.55% to hover just above $65 per ounce; check 10g, 100g, 1Kg prices in your city

Silver Price Today

The spot price of silver stood just above $65 an ounce as of December 19 (9:29 am IST), representing a 0.55 percent decline in a day and up 5.03 percent in a week.

The domestic price of silver on the futures market on MCX opened the Friday session at Rs 2,03,099 per one kilogram of 999 purity, down 0.23 percent from its previous close. The white metal peaked at an all-time high of Rs 2,07,833 on the commodity exchange as recorded on Friday (December 17).

Check out below to see the prices of 1 kilogram of 999 purity silver.

Source: Indian Bullion Jewellers Association – 18:30 rate session as of December 18, 2025.

Silver rates across India’s major cities showed remarkable uniformity, with only marginal differences due to local taxes, jeweller margins, and logistics costs.

Source: Goodreturns

The Augmont Bullion report published on December 19, noted that silver continue their uptrend, setting new all-time highs as investors anticipate two interest rate cuts in early 2026. As suggested, silver has touched the resistance of $67 (Rs 2,08,000). Prices are expected to consolidate at these levels. The uptrend is expected to continue if prices are trading above the $62 (Rs 1,94,000) support. Next target resistance is $70 (Rs 2,18,000) and $72 (Rs 2,24,000).

According to a commodities analyst, silver is entering a phase where risk management becomes as important as conviction. Silver would probably break the all-time high again before retracing and moving up again, reflecting the strength of underlying momentum.

“The rally has been driven by a powerful mix of global rate cuts, rising liquidity, a softer dollar, and structurally strong industrial demand. However, the pace of the move suggests prices are technically overbought in the near term, increasing the likelihood of consolidation or a corrective phase. This should not be mistaken for a breakdown in the trend,” said Justin Khoo, Senior Market Analyst - APAC, VT Market.