Silver Price in Karnataka Hits ₹2,57,000 Per KG Amid Market Volatility
The silver price in Karnataka, India has seen significant fluctuations over the past few months. In August 2026, the price opened at ₹2,46,900 per KG on August 1st and rose to a high of ₹2,57,000 by August 9th. The lowest rate recorded was ₹2,28,900 on August 5th. Overall, the trend for silver in Karnataka has been rising.
Looking at previous months, the price trend shows that silver rates have been volatile. In July 2026, the price opened at ₹2,59,100 per KG and fell to a low of ₹2,28,900 by July 15th. The highest rate recorded in July was ₹2,74,900 on July 6th. By the end of July, the rate had settled at ₹2,39,900 per KG.
The trend for silver prices in Karnataka has been influenced by market volatility and fluctuations in global demand. The purity of silver is typically expressed in fineness, with 999 fineness indicating 99.9% pure silver content. Silver purity standards include fine silver (99.9% pure), sterling silver (92.5% pure), Britannia silver (95.8% pure), and coin silver (90% pure).