Silver Prices Plummet to ₹2.24 Lakh per Kg in Rajasthan

The silver market in Rajasthan has been on a downward trend in August 2026. According to Business Today, as of August 5th, the price of silver was at ₹2,23,900 per kilogram (kg). This is a decrease of ₹29,000 from its opening price on August 1st, which stood at ₹2,52,900 kg.

Looking back at previous months' data, it's clear that silver prices have been fluctuating. In June, the rate fell by ₹53,000 to settle at ₹2,44,900 per kg by the end of the month. May saw a rise in price, with a peak of ₹3,28,100 on the 14th and a low of ₹2,65,000 on the 3rd.

Experts note that silver purity is typically expressed in fineness, indicating the percentage of pure silver in an alloy. Common grades include fine silver (99.9% pure), sterling silver (92.5% pure), and Britannia silver (95.8% pure).