Silver Rate Today, June 23, 2026: Silver Price Holds Steady for Second Straight Session; 10-gram National Rate Unchanged at ₹2,499
Authored By HDFC SKY | Published at: Jun 23, 2026 11:50 AM IST

Mumbai, June 23: Silver prices in India showed no meaningful movement on Tuesday, holding flat at the national rate of ₹249.90 per gram and ₹2,499 per 10 grams, exactly where they stood on Monday as the metal continued its post-ceasefire consolidation with neither buyers nor sellers finding a compelling reason to push prices in either direction. The per-kilogram rate remained at ₹2,49,900 nationally.
Tuesday’s standstill follows Monday’s near-flat session, when the 10-gram rate had slipped just ₹1 from Friday’s ₹2,500, and together the two sessions paint a picture of a market in quiet equilibrium after the sharp ₹100 per 10-gram correction triggered by the US-Iran ceasefire announcement last Friday.
The Switzerland talks between the US and Iran appear to be holding their 60-day roadmap framework and the absence of any fresh geopolitical shock has removed the primary catalyst that had been driving silver’s war premium in recent weeks. With the Strait of Hormuz situation still unresolved but not actively escalating, and global risk appetite cautiously improving after Wall Street’s firm Friday close, silver is finding support but not enough momentum to stage a recovery. Traders appear to be waiting for a clearer directional signal, whether from the Federal Reserve, the next development in West Asia, or a fresh move in gold.
Also Read: How to Invest in Silver: 6 Best Ways (2026)
City-wise, Tuesday’s silver rates were unchanged from Monday across almost all major Indian markets. Mumbai, Delhi, Kolkata, Bangalore, Pune, Vadodara and Ahmedabad all held at ₹2,499 per 10 grams for the second session running. The southern premium cluster, namely, Chennai, Hyderabad and Kerala stayed at ₹2,549 per 10 grams, maintaining the ₹50 premium over the mainstream national rate that has held firm since Friday’s correction halved what had been a ₹100 gap. The consistency of this premium across two sessions now points to resilient underlying demand in southern markets, even as overall volumes across India remain subdued.
10 gm Silver Rates: Monday, June 22 vs Tuesday, June 23, 2026
| City | Monday, Jun 22 (₹/10g) | Tuesday, Jun 23 (₹/10g) | Change |
| Chennai | ₹2,549 | ₹2,549 | Unchanged |
| Mumbai | ₹2,499 | ₹2,499 | Unchanged |
| Delhi | ₹2,499 | ₹2,499 | Unchanged |
| Kolkata | ₹2,499 | ₹2,499 | Unchanged |
| Bangalore | ₹2,499 | ₹2,499 | Unchanged |
| Hyderabad | ₹2,549 | ₹2,549 | Unchanged |
| Kerala | ₹2,549 | ₹2,549 | Unchanged |
| Pune | ₹2,499 | ₹2,499 | Unchanged |
| Vadodara | ₹2,499 | ₹2,499 | Unchanged |
| Ahmedabad | ₹2,499 | ₹2,499 | Unchanged |
Source: goodreturns.in | Rates as of Tuesday, June 23, 2026. Monday rates sourced from goodreturns.in, June 22, 2026. All rates are indicative and may vary by jeweller.
Gold Prices on Tuesday
Gold prices continued their modest two-day recovery on Tuesday, with the national rate for 10 grams of 24 karat gold rising ₹450 to ₹1,46,520, adding to Monday’s ₹210 gain. The 22 karat rate climbed ₹420 to ₹1,34,310 and 18 karat gold firmed ₹340 to ₹1,09,890 per 10 grams. The back-to-back gains, while small relative to last Friday’s ₹5,240 single-session collapse, point to a steady trickle of bargain buyers returning to the market. Chennai remained the most expensive gold market among major Indian cities, with 24 karat trading at ₹1,48,360 per 10 grams, a premium of ₹1,840 over the national rate.
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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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