Silver Rate Today Rewrites History! Smashes Rs 3 Lakh Mark 1st Time; MCX Silver At Record High | 19 Jan Rates

Silver Rate Today: Silver prices in India created history on Monday, January 19, staging their sharpest rally in decades. In an extraordinary surge, silver skyrocketed from the Rs 2 lakh level to breach the Rs 3 lakh per kilogram mark in just one month. Silver rate today hit a record high, while silver prices on the Multi Commodity Exchange (MCX) also climbed to a lifetime peak, highlighting the unprecedented momentum in the precious metal.

Meanwhile, the silver rate today in Chennai, Hyderabad, Bengaluru, Mumbai, Delhi, Chandigarh, and other Indian cities also saw a sharp jump. Here are latest details about silver rate today.

Silver Rate in India

The price of silver in India jumped around Rs 10 per gram to Rs 305 per gram on January 19. Which means, silver rate today stood at Rs 3,05,000 per kilogram on January 19. As per the GoodReturns data, domestic silver rate had breached the Rs 2 lakh mark for the first time in history on December 12. Hence the silver price in India surged nearly Rs 1 lakh in a duration of roughly one month.

Silver Rate in Chennai, Bengaluru, Delhi, Hyderabad, Mumbai, etc

City	10 gram	100 gram	1 Kg
Chennai	₹3,180	₹31,800	₹3,18,000
Mumbai	₹3,050	₹30,500	₹3,05,000
Delhi	₹3,050	₹30,500	₹3,05,000
Kolkata	₹3,050	₹30,500	₹3,05,000
Bangalore	₹3,050	₹30,500	₹3,05,000
Hyderabad	₹3,180	₹31,800	₹3,18,000
Kerala	₹3,180	₹31,800	₹3,18,000
Pune	₹3,050	₹30,500	₹3,05,000
Vadodara	₹3,050	₹30,500	₹3,05,000
Ahmedabad	₹3,050	₹30,500	₹3,05,000

MCX Silver Rate Today

MCX Silver futures (with March expiry) also saw a sharp surge during Monday's intraday trading session. MCX Silver Futures (with March expiry) jumped to a 52-week high mark of Rs 301315 per kilogram. Meanwhile, the international silver rate today also created record as it jumped more than 4% towards %94 per ounce on Monday. The fresh record jump came after US President Donald Trump threatened to impose new tariffs on eight European nations in an attempt to gain control of Greenland.

""Silver is emerging as one of the most compelling strategic metals in the current cycle, sitting at the intersection of investment demand and industrial transformation. In India, this dual character is even more pronounced. Beyond its traditional role as a store of value, silver is increasingly driven by structural demand from solar energy, electronics, electric mobility and advanced manufacturing. As India accelerates its renewable and infrastructure ambitions, silver's industrial relevance strengthens its long-term price support," stated Rajkumar Subramanian, Head- Products and Family Offices -PL Wealth Management.

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