Bengaluru Silver Rate Sees Wild Fluctuations Over Past Few Months

The silver rate in Bengaluru has seen significant fluctuations over the past few months. In August 2026, the rate opened at ₹2,46,900 per KG on August 1st and rose to a high of ₹2,47,000 on August 2nd before falling to a low of ₹2,28,900 on August 5th.

Analysing the monthly silver price trend in Bengaluru for July 2026, the rate opened at ₹2,56,100 per KG on July 3rd and reached a high of ₹2,70,900 before falling to a low of ₹2,28,900. By July 31st, the rate had settled at ₹2,39,900 per KG.

The trend is consistent across all months in 2026, with prices either rising or falling by significant amounts. In May, for example, the rate opened at ₹2,66,000 and rose to a high of ₹3,21,100 before settling at ₹2,91,000 by month's end.

The purity of silver is typically expressed in fineness, with 999 fineness indicating 99.9% pure silver content. There are several types of silver alloys available, including fine silver (99.9%), sterling silver (92.5%), Britannia silver (95.8%), and coin silver (90%).