Silver Rate in Delhi Today, August 4, 2026: Prices Stay Flat as Market Awaits Fresh Cues
Authored By HDFC SKY | Published at: Aug 4, 2026 01:14 PM IST
Silver prices in Delhi remained unchanged on August 4, with the metal continuing to trade at ₹235 per gram and ₹2,35,000 per kilogram. The market has stayed remarkably stable over the past week, as balanced domestic demand and muted global cues kept prices from making any significant move. With neither buyers nor sellers gaining the upper hand, silver continues to trade in a tight range.

Delhi, August 4: Silver prices were unchanged on Tuesday, extending the steady trend seen over the past several trading sessions. International silver prices remained largely range bound overnight, while domestic demand offered little reason for prices to move either higher or lower.
According to today’s rates, silver is trading at ₹235 per gram, while 1 kilogram is priced at ₹2,35,000 in Delhi.
Today’s Silver Rate in Delhi
| Unit | Price | Today’s Movement |
| 1 gram | ₹235 | No Change |
| 10 grams | ₹2,350 | No Change |
| 100 grams | ₹23,500 | No Change |
| 1 kilogram | ₹2,35,000 | No Change |
Silver Extends Its Stable Run
Unlike gold, silver doesn’t rely solely on investment demand. It is also a key industrial metal used in solar panels, electronics, electric vehicles and medical equipment. Because of this, prices often respond to manufacturing activity as much as they do to global financial markets.
At the moment, neither factor is providing a strong directional push. Industrial demand has remained steady, overseas bullion markets have been relatively quiet, and the rupee has witnessed limited movement against the US dollar. The result has been another session of unchanged prices in the domestic market.
Investors looking to participate in silver without purchasing physical bars or coins can consider Silver ETFs, which mirror silver prices while removing concerns around storage, purity and insurance.
Explore Silver ETFs:https://hdfcsky.com/etf/silveretf
Today’s Silver Price Comparison
| Quantity | Price |
| 1 gram | ₹235 |
| 8 grams | ₹1,880 |
| 10 grams | ₹2,350 |
| 100 grams | ₹23,500 |
| 1 kilogram | ₹2,35,000 |
Estimated Cost of 10 Grams of Silver Jewellery
| Component | Amount |
| Silver Value | ₹2,350 |
| Making Charges (12%) | ₹282 |
| GST (3%) | ₹79 |
| Estimated Total | ₹2,711 |
Actual jewellery prices may vary depending on making charges, design and the jeweller’s pricing policy.
Silver Rate Trend in Delhi (Last 10 Days)
| Date | 10 Gram | 1 Kilogram |
| Aug 4 | ₹2,350 | ₹2,35,000 (0) |
| Aug 3 | ₹2,350 | ₹2,35,000 (0) |
| Aug 2 | ₹2,350 | ₹2,35,000 (0) |
| Aug 1 | ₹2,350 | ₹2,35,000 (0) |
| Jul 31 | ₹2,350 | ₹2,35,000 (0) |
| Jul 30 | ₹2,350 | ₹2,35,000 (0) |
| Jul 29 | ₹2,350 | ₹2,35,000 (0) |
| Jul 28 | ₹2,350 | ₹2,35,000 ( ₹5,000) |
| Jul 27 | ₹2,400 | ₹2,40,000 (0) |
| Jul 26 | ₹2,400 | ₹2,40,000 (0) |
The last 10 days tell a story of a market that’s found its balance. After slipping from ₹2.40 lakh per kilogram in late July, silver has settled at ₹2.35 lakh and refused to budge. That kind of stability usually reflects a market waiting for a fresh catalyst whether it’s a shift in global bullion prices, industrial demand or broader economic data.
What Influences Silver Prices?
Silver prices in India are shaped by a combination of international and domestic factors. Global spot prices, industrial demand, the rupee’s exchange rate against the US dollar, import duties, inflation expectations and investor sentiment all play an important role. Since silver has extensive industrial applications, any change in manufacturing activity or clean energy demand can quickly influence prices.
Conclusion
Silver prices in Delhi remained unchanged on August 4, with the metal holding at ₹235 per gram and ₹2,35,000 per kilogram. While the lack of movement may seem uneventful, it reflects a market that is currently well balanced, with neither demand nor global cues strong enough to trigger a breakout. The next meaningful move in silver is likely to depend on developments in international bullion markets and industrial demand over the coming sessions.
Source:
- https://www.goodreturns.in/silverrates/delhi.html
Disclaimer
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Please Note: The information shared is intended solely for informational purposes and does not make any investment recommendations
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