Silver Prices Plummet Across India Amid Ongoing Market Volatility
The price of silver in Ghaziabad has seen significant fluctuations over the past few months. According to data from Business Today, on August 1st, 2026, the price of silver was ₹2,55,900 per KG. However, by August 18th, it had dropped to ₹2,35,900. This decline is part of a broader trend seen in the past few months, with silver prices falling across all months from April to August.
The highest rate for silver in August was recorded on August 12th at ₹2,76,100, while the lowest was seen on August 5th at ₹2,20,900. This volatility is a common feature of the silver market, with prices influenced by various factors such as supply and demand, global economic trends, and speculation.
When looking at historical data from previous months, it's clear that silver prices have been trending downward since April 2026. In May, prices rose to ₹3,01,000 per KG before falling again in June to ₹2,44,900. July saw a further decline to ₹2,39,900, and August has continued this trend.