Silver Rate in Delhi Today August 5, 2026: Silver Gains After Nearly a Week of Flat Prices
Authored By HDFC SKY | Published at: Aug 5, 2026 01:08 PM IST
Silver prices in Delhi moved higher on August 5, tracking the sharp recovery in the bullion market. The metal gained ₹5 per gram, taking the retail price to ₹240 per gram, while the 1 kg rate climbed to ₹2,40,000. After remaining unchanged for almost a week, today’s increase indicates that buying interest has returned, with global precious metal prices lending support to domestic rates.

Delhi, August 05: Silver prices in Delhi inched higher on Wednesday, August 5, ending a stretch of largely unchanged trading. The metal is now priced at ₹240 per gram, up ₹5 from the previous session, while the price of 1 kilogram has increased by ₹5,000 to ₹2,40,000.
Although the rise may look small on a per-gram basis, it marks a shift in momentum after several sessions where prices barely moved. The recovery also comes alongside a strong jump in gold prices, suggesting that sentiment across the bullion market has improved.
For jewellery buyers, the impact on smaller purchases may be limited. However, investors and bulk buyers will notice a meaningful difference, especially when purchasing silver bars or larger quantities.
Today’s Silver Rate in Delhi
| Quantity | Price | Change |
| 1 Gram | ₹240 | ▲ ₹5 |
| 8 Gram | ₹1,920 | ▲ ₹40 |
| 10 Gram | ₹2,400 | ▲ ₹50 |
| 100 Gram | ₹24,000 | ▲ ₹500 |
| 1 Kilogram | ₹2,40,000 | ▲ ₹5,000 |
Why Did Silver Prices Rise Today?
Today’s increase is largely in line with the broader rebound in precious metals. After spending days in a narrow range, silver has finally responded to improving global market cues.
Unlike gold, silver has a unique advantage—it isn’t just an investment asset. It is also widely used across industries such as solar energy, electric vehicles, electronics, batteries and medical equipment. Because of this, its price reflects both investor sentiment and industrial demand.
A combination of stronger international bullion prices, movements in the US dollar, the rupee’s exchange rate and expectations around global interest rates can all influence domestic silver prices. When these factors turn favourable together, silver often reacts quickly.
Estimated Cost of 10 Grams of Silver Jewellery
Buying jewellery involves more than just the day’s silver rate. Making charges and GST are added to the base value.
| Component | Amount |
| Silver Value | ₹2,400 |
| Making Charges (12%) | ₹288 |
| GST (3%) | ₹81 |
| Estimated Total | ₹2,769 |
Actual jewellery prices may vary depending on purity, design and individual jeweller charges.
Silver Rate in Delhi: Last 10 Days
| Date | 10 Gram | 100 Gram | 1 KG |
| Aug 5 | ₹2,400 | ₹24,000 | ₹2,40,000 (+₹5,000) |
| Aug 4 | ₹2,350 | ₹23,500 | ₹2,35,000 (0) |
| Aug 3 | ₹2,350 | ₹23,500 | ₹2,35,000 (0) |
| Aug 2 | ₹2,350 | ₹23,500 | ₹2,35,000 (0) |
| Aug 1 | ₹2,350 | ₹23,500 | ₹2,35,000 (0) |
| Jul 31 | ₹2,350 | ₹23,500 | ₹2,35,000 (0) |
| Jul 30 | ₹2,350 | ₹23,500 | ₹2,35,000 (0) |
| Jul 29 | ₹2,350 | ₹23,500 | ₹2,35,000 (0) |
| Jul 28 | ₹2,350 | ₹23,500 | ₹2,35,000 (-₹5,000) |
| Jul 27 | ₹2,400 | ₹24,000 | ₹2,40,000 (0) |
Looking at the recent trend, silver had been stuck at the same level for almost a week. Today’s jump breaks that streak and could be an early sign that the market is becoming more active again. While it’s too soon to call it a sustained rally, traders will be watching global bullion prices closely over the next few sessions to see if the momentum holds.
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What Could Move Silver Prices Next?
The direction of silver prices in the coming days will largely depend on:
- Global silver and gold prices
- Demand from industries such as solar and electronics
- US Federal Reserve policy and interest-rate expectations
- Inflation trends across major economies
- Movement in the rupee against the US dollar
- Overall investor demand for precious metals
Since silver sits at the intersection of industrial demand and investment demand, it often experiences sharper price swings than gold when market sentiment changes.
Conclusion
Silver prices in Delhi have moved up to ₹240 per gram on August 5, ending a period of sideways movement. While the increase is modest, it reflects improving sentiment across the bullion market and aligns with today’s gains in gold. If global cues remain supportive, silver could continue to see higher volatility in the sessions ahead, making it a metal worth tracking for both jewellery buyers and investors.
Source:
- https://www.goodreturns.in/silver-rates/delhi.html
Disclaimer
If you have any concerns, questions, or wish to point out any discrepancies in our content, please feel free to write to us at content@hdfcsec.com.
Please Note: The information shared is intended solely for informational purposes and does not make any investment recommendations
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