Silver Prices in Bangalore Reach ₹255 per Gram, Up ₹20 Since August 4

On August 11, 2026, silver prices in Bangalore rose to ₹255 per gram, marking an increase of ₹10 from the previous day. This hike pushed the cost of 1 kg to ₹2,55,000, making it ₹20,000 higher than its rate on August 4. The price movement is noticeable in larger quantities as well, with a ₹100 rise in the 10-gram rate and a ₹1,000 increase in the 100-gram rate.

The recent trend shows silver moving upward in steps rather than through one continuous jump. On August 7, the rate moved up to ₹2,450 from ₹2,400, and it remained unchanged for three days before rising again on August 11. For buyers considering a larger purchase, this increase adds up quickly: 10 grams cost ₹200 more, 100 grams cost ₹2,000 more, and 1 kg costs ₹20,000 more.

When comparing prices between shops, it's essential to consider the final payable amount, including making charges and GST. The silver rate is indicative and may vary across jewellers and locations. For investors who want to invest in silver without handling storage or purity issues, Silver Exchange Traded Funds (ETFs) offer a simple way to get involved.