The silver market is showing interesting trends this month, especially for those who closely track metal investments or plan to buy. Let’s break down the silver price today on 16th April 2025, both in global markets and across different Indian cities.
Silver Price Today on 16th April 2025
Silver futures are trading around $32.425 per ounce today. The daily range has stayed between $32.255 and $32.535, showing a relatively calm session compared to recent volatility. For perspective, the yearly low sits at $26.035 while the high has touched $35.265. So, today’s levels remain comfortably mid-range.
This stability on the global stage comes after a strong March where silver surged. However, April is seeing some cooling off, with prices correcting slightly after last month’s gains.
India’s Silver Prices See a Dip in April
In India, the silver price today on 16th April 2025 is averaging around ₹100 per gram or ₹1,00,000 per kilogram nationally. That marks a nearly 4.76% drop from the ₹1,05,000/kg level recorded on April 1.
But these are just averages. City-wise rates tell a more complex story.
City-Wise Silver Rates in India on 16th April 2025 (Per Kilogram)
| City | Silver Price (₹/kg) |
|---|---|
| Delhi | ₹85,000 |
| Mumbai | ₹91,500 |
| Hyderabad | ₹91,500 |
| Kolkata | ₹1,00,000 |
| Patna | ₹99,700 |
| National Average | ₹1,00,000 |
As the table shows, prices vary significantly from city to city. These variations are due to differences in local taxes, premiums charged by dealers, and even logistics costs.
Silver Price Today on 15th April 2025: Slight Dip in India Despite Global Upswing
Why India Pays More for Silver
Globally, silver is priced at around $32.30–$32.43 per ounce. If we convert that using an exchange rate of ₹82/USD, it comes to roughly ₹2,650–₹2,660 per ounce. That’s about ₹85,500 per kilogram.
But Indian buyers are paying ₹1,00,000/kg in many places—a clear premium. Why the difference?
- India imports most of its silver, so import duties add to the cost.
- The rupee’s exchange rate plays a big role—when the rupee weakens, silver becomes more expensive.
- Festive demand and industrial use can also push prices up.
- Transportation, storage, and dealer margins add to the retail price.
So even if the international market is steady, Indian prices can still fluctuate quite a bit.
April Performance Compared to March
In March 2025, silver prices surged by over 7%, fueled by strong global demand and speculative buying. But April has so far seen a 4.76% dip in India. This kind of quick reversal isn’t unusual in the silver market, especially when influenced by currency shifts and external economic data.
Discrepancies in Data Sources
Another factor making it harder for buyers to navigate silver pricing is inconsistent reporting. Some websites show today’s silver price in India as low as ₹70,900/kg, while others put it near ₹99,700 or even ₹1,00,000. The difference is often due to the type of rate shown—wholesale market vs retail, excluding or including GST, or based on local dealer updates.
It’s always a good idea to cross-check rates from trusted sources or visit a local jeweller for the most accurate quote.
Conclusion
To sum it up, the silver price today on 16th April 2025 shows a cooling-off in the Indian market, even as global prices remain relatively firm. With Indian prices dropping from early-April highs and city-level differences adding complexity, buyers should stay informed and watch for further movements.
Whether you’re planning to invest or simply buy silver for personal use, keep an eye on international prices, the USD/INR rate, and reliable local updates to get the best deal.