Silver Prices in Mumbai Surge ₹10 to ₹255 per Gram

Silver prices in Mumbai have risen by ₹10 per gram to reach ₹255 per gram on August 11, 2026. This marks a significant increase from its previous rate of ₹245 per gram, which it had maintained for three consecutive days.

The price hike is not limited to small quantities; even larger purchases are affected. For instance, 10 grams of silver now costs ₹2,550, up from ₹2,450 the previous day, while 100 grams is priced at ₹25,500.

Over the past week, silver prices have been trending higher in Mumbai. On August 4, it was priced at ₹235 per gram. Since then, the price has risen by ₹20 per gram, making a 1 kg purchase cost ₹20,000 more than its original value.