Indore Silver Price Sees Wild Fluctuations Over Past Few Months

The silver price in Indore has seen significant fluctuations over the past few months. In May 2026, it reached its highest point of ₹3,10,100 per kg, while in July 2026, it fell to ₹2,39,900 per kg. The trend continued into August, with the rate settling at ₹2,44,900 per kg by August 8th.

The analysis shows that the overall performance has been falling, with a change of -6000 rupees in August 2026 compared to July 2026.

Silver purity is typically expressed in fineness, indicating the percentage of pure silver in an alloy. For example, 999 fineness means 99.9% silver content with minimal impurities.