Silver Price Falls in Bengaluru Throughout August

The price of silver in Bengaluru fluctuated throughout August 2026. It started at ₹2,46,900 per kilogram on August 1st and peaked at ₹2,47,000 on August 2nd before falling to a low of ₹2,38,900 on August 4th.

The overall trend in August was a decline, with a change of -8000 rupees. This is part of a larger downward pattern seen throughout the year, with prices falling from a high of ₹3,61,000 in February to ₹2,55,900 by March and further down to ₹2,44,900 by June.

The purity of silver is typically expressed as fineness, indicating the percentage of pure silver in an alloy. Common grades include 999 fine silver (99.9% pure), sterling silver (92.5% pure), Britannia silver (95.8% pure), and coin silver (90% pure).