Silver Rate Today: Silver Price Extends Gains on Monday, Climbs ₹50–₹150 per 10 gram

Mumbai, June 15: Silver prices in India continued their upward march on Monday, June 15, building on Friday’s recovery as the confirmed U.S.-Iran peace framework sent a fresh wave of bullish sentiment through the precious metals complex. The national rate rose to ₹265 per gram — or ₹2,650 per 10 grams and ₹2,65,000 per kilogram — up ₹50 per 10 grams from Friday’s ₹2,600 in the mainstream market.  

The gain is modest in percentage terms but significant in context: silver is now recording its second consecutive session of gains after four sessions of decline and stagnation, signalling that the broader commodity market is beginning to reprice the macro consequences of a Strait of Hormuz reopening — consequences that are, on balance, positive for precious metals. 

The drivers behind Monday’s silver rally are layered and worth unpacking. The U.S.-Iran peace deal announced on Sunday weakens the U.S. dollar as geopolitical risk premiums unwind — and a softer dollar is structurally bullish for silver, which is priced internationally in dollar terms. Simultaneously, the prospect of lower crude oil feeding into reduced inflation globally raises expectations that central banks — including the Federal Reserve, whose June 16–17 FOMC meeting is now just days away — will have greater room to cut rates.  

Check list of Silver ETFs in India 

Lower real interest rates reduce the opportunity cost of holding non-yielding assets like silver, making the metal more attractive to both investors and industrial buyers who have been cautious through the Iran-war period. The dual tailwinds of dollar weakness and rate-cut optimism are, together, the engine behind Monday’s move. 

Across India’s major cities, Monday’s pricing reflects a widening of the two-tier premium structure that has characterised the domestic silver market through June. The mainstream tier — comprising Mumbai, Delhi, Kolkata, Bangalore, Pune, Vadodara and Ahmedabad — has moved uniformly to ₹2,650 per 10 grams, up ₹50 from Friday’s ₹2,600. The premium cluster of Chennai, Hyderabad and Kerala, however, has jumped more sharply to ₹2,800 per 10 grams — a gain of ₹150 from Friday’s ₹2,650 in these cities — widening the premium gap over the national mainstream rate from ₹50 on Friday to ₹150 on Monday. The sharper gains in southern and premium markets reflect stronger regional jewellery and industrial fabrication demand, which amplifies price moves in both directions when macro sentiment shifts. 

Gold Prices Today 

Gold prices in India surged on Monday alongside silver, with 10 grams of 24 karat gold rising ₹5,900 to ₹1,51,530 — the largest single-day gain in weeks — as the confirmed Iran peace deal weakened the dollar and lifted safe-haven demand simultaneously. The 22 karat rate climbed ₹5,410 to ₹1,38,900 per 10 grams and 18 karat gold advanced ₹4,430 to ₹1,13,650, with Chennai commanding a premium at ₹1,53,490 for 24 karat per 10 grams. The gold-silver ratio — the number of ounces of silver needed to buy one ounce of gold — remains elevated, suggesting that silver still has meaningful catch-up potential relative to gold if Monday’s bullish macro momentum is sustained through the week. 

10 Gram Silver Prices: Friday vs Monday Comparison 

 Source:

• goodreturns.in
• https://www.goodreturns.in/silver-rates/ | Monday, June 15, 2026. Friday prices from goodreturns.in, June 12, 2026. Rates are indicative and may vary by jeweller