Silver rate today on Oct 15: Silver, much like gold, is experiencing a highly volatile rally. According to the latest data from Goodreturns, silver prices in India are approaching an all-time high of around Rs 1.9 lakh per kilogram. Bloomberg data shows that spot silver gained after a turbulent session on Tuesday, during which prices briefly hit a record high above $53.54 an ounce before plunging sharply as signs emerged that the historic market squeeze may be easing. Here are October 15 rates of silver across all categories
| Gram | Price (Rs) |
| 1 | Rs 189.10 |
| 8 | Rs 1,512.80 |
| 10 | Rs 1,891 |
| 100 | Rs 18,910 |
| 1000 | Rs 1,89,100 |
The silver market has been roiled by a liquidity crunch in London, triggering a global scramble for physical metal and pushing benchmark prices well above New York futures. The spread between the two markets narrowed on Tuesday as London prices retreated and borrowing costs for silver in the city eased, though both remained elevated.
| City | 1 Kg (Rs) | 10 gram (Rs) | 100 gram (Rs) |
| Chennai | Rs 2,06,100 | Rs 2,061 | Rs 20,610 |
| Mumbai | Rs 1,89,100 | Rs 1,891 | Rs 18,910 |
| Delhi | Rs 1,89,100 | Rs 1,891 | Rs 18,910 |
| Kolkata | Rs 1,89,100 | Rs 1,891 | Rs 18,910 |
| Bangalore | Rs 1,93,700 | Rs 1,937 | Rs 19,370 |
| Hyderabad | Rs 2,06,100 | Rs 2,061 | Rs 20,610 |
| Kerala | Rs 2,06,100 | Rs 2,061 | Rs 20,610 |
| Pune | Rs 1,89,100 | Rs 1,891 | Rs 18,910 |
| Vadodara | Rs 1,89,100 | Rs 1,891 | Rs 18,910 |
| Ahmedabad | Rs 1,89,100 | Rs 1,891 | Rs 18,910 |
| Jaipur | Rs 1,89,100 | Rs 1,891 | Rs 18,910 |
| Lucknow | Rs 1,89,100 | Rs 1,891 | Rs 18,910 |
| Coimbatore | Rs 2,06,100 | Rs 2,061 | Rs 20,610 |
| Madurai | Rs 2,06,100 | Rs 2,061 | Rs 20,610 |
| Vijayawada | Rs 2,06,100 | Rs 2,061 | Rs 20,610 |
| Patna | Rs 1,89,100 | Rs 1,891 | Rs 18,910 |
| Nagpur | Rs 1,89,100 | Rs 1,891 | Rs 18,910 |
| Chandigarh | Rs 1,89,100 | Rs 1,891 | Rs 18,910 |
| Surat | Rs 1,89,100 | Rs 1,891 | Rs 18,910 |
| Bhubaneswar | Rs 2,06,100 | Rs 2,061 | Rs 20,610 |
Across the board, the four major precious metals have jumped between 58% and 80% this year, leading the commodity rally. Gold's gains have been supported by robust central bank purchases, increased ETF inflows, and rate cuts by the Federal Reserve.
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