Silver Prices in Mumbai Fluctuate Wildly Throughout August 2026
The silver price in Mumbai has been fluctuating throughout August 2026. According to historical data, the rate started at ₹2,50,900 per kilogram on August 1st and peaked at ₹2,71,100 on August 12th. However, it dropped to a low of ₹2,17,900 on August 5th before rising again.
By August 17th, the rate had settled at ₹2,65,900 per kilogram. In contrast, July saw a decline in prices, with the rate opening at ₹2,61,100 and closing at ₹2,39,900. June also experienced a fall in prices, with the rate starting at ₹2,95,900 and ending at ₹2,44,900.
The trend indicates that silver prices are volatile and can fluctuate significantly within a short period. Investors should consider this when making investment decisions.