Silver Rate in Kolkata Today August 5, 2026: Prices Rise as Bullion Market Finds Fresh Momentum

Kolkata , August 5: Silver prices in Kolkata moved higher on Wednesday, August 5, snapping several sessions of sideways movement. The metal is now retailing at ₹240 per gram, while the 1 kg silver rate has climbed to ₹2,40,000, marking a ₹5,000 increase over yesterday’s level.

The recovery follows a broad-based rally across precious metals, with gold also posting strong gains during the session. While a ₹5 increase per gram may appear modest, it translates into a noticeable jump for larger purchases and indicates that buying interest has returned after days of muted price action.

For investors, today’s move could signal improving sentiment in the bullion market. For jewellery buyers, however, the increase is unlikely to have a significant impact on smaller purchases.

Today’s Silver Rate in Kolkata

What’s Behind Today’s Rise in Silver Prices?

After remaining largely unchanged for almost a week, silver finally found support from stronger global bullion prices. The rally wasn’t driven by local factors alone. International precious metal prices strengthened as investors looked for safe-haven assets, while expectations around interest rates and currency movements also influenced market sentiment.

Silver occupies a unique position among precious metals. Besides being viewed as an investment, it is heavily used across industries such as solar power, electric vehicles, electronics, medical devices and semiconductor manufacturing. Because of this dual demand, silver often reacts more sharply than gold whenever global economic expectations change.

A weaker rupee, rising industrial demand or stronger international silver prices can all push domestic prices higher, while a stronger dollar or slowing manufacturing activity may limit further gains.

Estimated Cost of 10 Grams of Silver Jewellery

The daily silver rate is only one part of the final bill. Making charges and GST are added separately by jewellers.

The final amount may vary depending on purity, design and the jeweller’s making charges.

Silver Rate in Kolkata: Last 10 Days

The trend shows just how quiet the silver market had become. Prices barely moved for most of the past week before today’s sharp jump. While one day’s gain doesn’t necessarily signal the start of a sustained rally, it does suggest that volatility has returned. The next few trading sessions will reveal whether today’s move was simply a reaction to stronger global cues or the beginning of a broader uptrend.

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What Could Influence Silver Prices Going Forward?

Silver prices in the coming days will continue to react to a mix of domestic and international factors, including:

• Global silver and gold prices
• Industrial demand from sectors like solar energy and electronics
• US Federal Reserve policy and interest-rate expectations
• Inflation trends and economic data
• Rupee-US dollar exchange rate
• Investor demand for precious metals and ETF inflows

Because silver is both an industrial commodity and a safe-haven asset, it can experience sharper price swings than gold whenever market sentiment shifts.

Conclusion

Silver prices in Kolkata rose to ₹240 per gram on August 5, ending several sessions of flat trading. The increase follows a broader recovery in precious metals and reflects renewed optimism in the bullion market. While retail buyers may see only a marginal impact, investors will be watching closely to see whether today’s rebound gathers momentum in the days ahead.

Source:

• https://www.goodreturns.in/silver-rates/kolkata.html