Silver Rate Today, July 15, 2026: Silver Prices Hold Steady on Wednesday

Mumbai, July 15: Silver rates were unchanged in the national market today. At the multi-pronged benchmark of Rs 2,350 per 10 grams on Tuesday, quoting data from goodreturns.in. 

Domestic bullion traders were also quoting 10 gram silver at Rs 2,350 while pricing the metal per kg at Rs 2,35,000. Silver is also unchanged on a per gram basis at Rs 235. 

Experts say that silver prices in India react to international movements more than anything else, but buyerships due to industrial demand and seasonal demand from Indians looking to buy silver during wedding seasons influence intraday price action. 

City-wise silver rates on Wednesday changed when compared against Monday’s prices instead of Tuesday’s since most centers uniformly saw rates at Rs 2350 on Tuesday. The three centres that had for a few sessions tracked at par with the rest of India after trading at a Rs 50 premium Monday, namely Chennai, Hyderabad and Kerala, resumed tracking at Rs 2400 per 10 grams on Wednesday, reinstating Monday’s premium. 

While other centres including Mumbai, Delhi, Kolkata, Bangalore, Pune, Vadodara and Ahmedabad quote silver at Rs 2,350 per 10 grams, exactly where it traded on both Monday and Tuesday, prices returning to a premium in Chennai, Hyderabad and Kerala indicates local demand has resumed driving up rates in those cities. 

Gold Rates on Wednesday 

Gold rates also came down marginally across India on Wednesday with 24 karat gold rates down Rs 110 at Rs 1,42,790 per 10 grams. Similarly, rates for 22 karat gold dropped Rs 100 to Rs 1,30,890 per 10 grams while 18 karat gold dipped Rs 80 to Rs 1,07,090 per 10 grams. 

Chennai continues to report the highest gold rates in the country for 24 karat gold at Rs 1,43,450 per 10 grams. All other centres including Mumbai, Kolkata, Bangalore, Hyderabad, Kerala and Pune reported rates in-line with national prices. 

Experts suggest that silver prices will continue to track global trends especially US-Iran conflict and US-China trade deal negotiations while domestic demand from manufacturers who use silver in electronics and solar photovoltaic panels along with festive demand from Indians will provide silver prices some support over the medium term. 

Bullion traders say that flare up in West Asia could spark safe-haven demand in gold and silver again, which would quickly overturn the softness seen this week. The rupee-dollar exchange rate along with movement in crude-oil prices will also be significant factors for gold and silver traders in upcoming sessions as both metals are influenced by these two factors heavily. Both metals are also subject to India’s import duty structure which is finally reflected in retail prices. 

10 Gram Silver Rates: Wednesday, July 15 vs Tuesday, July 14, 2026 

Source

• goodreturns.in. Rates as of Wednesday, July 15, 2026. Monday and Tuesday comparison rates sourced from prior-session reporting. All rates are indicative and subject to local taxes, making charges and GST at 3 per cent. Readers are advised to check with local jewellers for live quotes before buying or selling bullion.