Silver Prices Hold Steady in Mumbai After Sharp Increase

Silver prices in Mumbai held steady on August 12 after a sharp increase in the previous session. The rate remained unchanged at ₹255 per gram and ₹2,55,000 per kilogram.

The price of silver had jumped by ₹10 per gram on August 11, rising from ₹245 to ₹255 per gram. This increase was the largest move in the period shown, with the 1 kg rate jumping by ₹10,000 to ₹2,55,000.

Over the 10-day period, silver has moved up from ₹2,35,000 per kilogram to ₹2,55,000 per kilogram, gaining ₹20,000. For buyers looking at 10 grams of silver, the base value is ₹2,550.