Silver Rate in Bengaluru Sees Wild Fluctuations in August

The silver rate in Bengaluru has been on a rollercoaster ride throughout August 2026. The month began at ₹2,46,900 per kilogram (KG) on August 1 and peaked at ₹2,67,100 on August 12. However, the price dropped to a low of ₹2,28,900 on August 5 before recovering to ₹2,61,900 by August 19.

The overall trend in August indicates that silver prices have been rising, with an increase of ₹15,000 from the opening rate. This is a significant jump compared to July, where the price fell by ₹16,200.

Looking at the monthly trends for Bengaluru, it's evident that May 2026 was a standout month, with prices reaching as high as ₹3,21,100 on May 14. In contrast, April saw a decline in prices, settling at ₹2,61,000 by April 30.