Silver Rate Volatility Hits Ahmedabad: August Sees Highest and Lowest Prices

The trend of silver rates in Ahmedabad has been on a rollercoaster ride throughout August 2026. According to data, the rate opened at ₹2,53,900 per KG on August 1 and reached its highest point of ₹2,69,100 on August 7. The lowest rate was recorded on August 5 at ₹2,22,900.

In comparison to July 2026, silver prices have shown a significant increase. In July, the rate opened at ₹2,60,100 and closed at ₹2,39,900. However, in June, the rate had fallen to ₹2,44,900 per KG by the end of the month.

The fluctuation in silver rates is attributed to market volatility and changes in demand. The purity of silver is typically expressed in fineness, with 999 fineness meaning 99.9% pure silver content.