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Commodities

Pune Silver Price Rebounds to ₹261 After Two-Session Correction

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Silver
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Silver prices in Pune have bounced back to ₹261 per gram after a two-session correction. The market reversed just as quickly as it fell, with dealers sourcing from Zaveri Bazaar in Mumbai and the Pune bullion market on Laxmi Road quoting the same price as before the Federal Reserve chair's remarks pushed COMEX silver lower.

The prices in Pune match those in Mumbai, reflecting the city's direct supply-chain connection to Maharashtra's financial capital. Silver reaches Pune from Zaveri Bazaar within hours, with the Maharashtra state market effectively being one integrated price zone.

According to the Silver Institute's World Silver Survey 2026, a sixth consecutive annual supply deficit is projected, with industrial demand outpacing global mine output. The survey notes that solar, EV, and electronics are driving this increased demand.

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