Silver Rates Today, June 2, 2026: Silver Prices Hold Firm on Tuesday; National Rate Stays at ₹2,800 per 10 gm for Second Straight Day

Mumbai, June 2: Silver prices in India remained flat on Tuesday, with the national benchmark rate holding steady at ₹280 per gram or ₹2,800 per 10 grams and ₹2,80,000 per kilogram identical to Monday’s close and unchanged for a second consecutive session. The absence of any movement from Monday’s ₹2,800 level marks the metal’s third week of price stability at this mark, after it slipped ₹50 from the ₹2,850 that had held through the middle of last week. For retail buyers, the continuity in price provides a familiar reference point, even as silver’s domestic trajectory is being shaped by a global commodity environment still unsettled by Middle East tensions and the ripple effects of elevated crude oil prices on import-heavy economies like India.

City-Wise Rates on Tuesday: Southern Premium Intact

Silver prices across India’s major cities on Tuesday are a carbon copy of Monday’s rates, with no city recording any movement. The northern, western and central markets Mumbai, Delhi, Kolkata, Bangalore, Pune, Vadodara and Ahmedabad are all quoting ₹2,800 per 10 grams, flat from Monday. Chennai, Hyderabad and Kerala maintain their established ₹100 premium at ₹2,900 per 10 grams, also unchanged from the previous session.

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The persistence of this north-south differential which had briefly narrowed when the benchmark was at ₹2,850 reflects the structural demand advantage that southern cities consistently hold due to concentrated jewellery manufacturing activity, temple silverware procurement, and a sustained wedding-season buying cycle that keeps retail and wholesale volumes higher than elsewhere in the country.

Gold Prices Today

Gold prices in India were unchanged on Tuesday, with the national price of 24-karat gold (99.9% purity) holding firm at ₹1,56,220 per 10 grams exactly where it closed on Monday after that session’s sharp ₹1,420 decline. The 22-karat rate (91.6% purity) also remained flat at ₹1,43,200 per 10 grams, and the 18-karat price (75% purity) held steady at ₹1,17,170 per 10 grams. On a per-gram basis, 24K gold stands at ₹15,622, 22K at ₹14,320 and 18K at ₹11,717 unchanged from Monday’s close. Tuesday’s stability follows the steepest single-session decline since the post-tariff correction began, and suggests the market may be finding a temporary floor after shedding ₹2,070 per 10 grams in 24K over five sessions from last Wednesday’s ₹1,58,290.

Also Read:How to Invest in Silver: 6 Best Ways (2026)

10 gm Silver Prices: Tuesday vs Monday

Source: goodreturns.in