Karnataka Silver Prices Plummet in August 2026

Silver prices in Karnataka experienced significant fluctuations throughout August 2026, according to data from Business Today. The month began with a price of ₹2,46,900 per kilogram (KG) on August 1st and peaked at ₹2,67,100 on August 12th before dropping to ₹2,28,900 on the 5th.

By the end of the month, prices had settled at ₹2,43,900 per KG. This represents a decline from the opening price, indicating an overall falling trend for silver rates in Karnataka during August.

A comparison with previous months reveals that silver prices have been declining in recent times. In July 2026, the highest rate was ₹2,74,900 on July 6th, while the lowest was ₹2,28,900 on July 15th. The month ended at ₹2,39,900 per KG.