Silver Rate Plummets in Bangalore as Market Volatility Continues

The silver rate in Bangalore has been subject to significant fluctuations over the past few months. In August 2026, the price of silver per kilogram (KG) reached its highest point at ₹2,47,000 on August 2nd. However, it fell to its lowest point at ₹2,38,900 by August 4th. This trend is consistent with the overall performance of the market, which has been falling.

Looking back at previous months, silver prices in Bangalore have shown a mixed picture. In May 2026, the price rose significantly due to market volatility, reaching ₹3,24,100 on May 14th. However, in June and July 2026, the price fell, with the lowest rate recorded in July at ₹2,28,900.

It's worth noting that silver purity is typically expressed in fineness, indicating the percentage of pure silver in an alloy. Fine silver contains 99.9% silver content, while sterling silver contains 92.5% silver and 7.5% other metals.