The precious metals market continues to stay in focus as investors eye silver trends amid global economic uncertainty. The silver price today on 18th April 2025 shows a minor dip across both international and Indian markets, with analysts highlighting it as a short-term correction after recent gains.
International Silver Price Today on 18th April 2025
In the global market, silver futures are trading at $32.545 per ounce, fluctuating between $32.11 and $32.925 during the day. Year-to-date, silver has delivered a 12.57% gain, beginning 2025 at $29.29 per ounce.
| Date | Silver Price (USD/oz) | Change (%) |
|---|---|---|
| 1st Jan 2025 | $29.29 | – |
| 1st April 2025 | $33.19 | +13.3% |
| 18th April 2025 | $32.55 | +12.57% |
While the current dip may seem concerning to short-term traders, the broader trend remains upward. Experts attribute today’s minor decline to external factors like tariff policies and industrial slowdown concerns.
Silver Price Today on 18th April 2025 in India
Domestic markets reflect minor corrections as well. In Bid, Maharashtra, silver is priced at ₹99.23 per gram or ₹992.26 per 10 grams, which is 0.59% lower than yesterday. Other major cities like Mumbai and Bengaluru are witnessing average rates between ₹95.2 and ₹95.7 per gram.
| City | Price (₹/gram) | Price (₹/kg) | Change (%) |
|---|---|---|---|
| Bid | ₹99.23 | ₹99,230 | -0.59% |
| Mumbai | ₹95.2 | ₹95,200 | Stable |
| Bengaluru | ₹95.5 | ₹95,500 | Slight dip |
| Chennai | ₹96.0 | ₹96,000 | Slight rise |
These differences are largely due to logistics, purity levels, and local taxes such as 3% GST and transaction-related surcharges above ₹5 lakh.
Silver Price Today on 17th April 2025: A Slight Dip After Recent Gains
Factors Driving Silver Price Today on 18th April 2025
Several global and domestic events have influenced silver pricing in recent days:
1. US Tariffs and Industrial Concerns
Recent US tariff hikes—26% on Indian goods and 34% on Chinese imports—have led to global trade tensions. This triggered a sharp reaction in early April, with silver prices falling 3.09% on Comex and a ₹3,000/kg drop on MCX.
2. Supply-Demand Deficit Continues
Silver is expected to remain in supply deficit for the fifth year, as industrial use (solar panels, electronics, EVs) remains strong, while mining output stagnates.
3. Geopolitical Risks in Key Mining Regions
Ongoing conflicts in silver-producing nations like Russia and Mexico, along with Mexico’s mining policy changes, threaten about 5% of global supply, tightening market conditions.
Impact of Silver Purity on Pricing
The price also depends on the fineness of silver. Hallmarked silver varies in purity from 800 to 999, with 999-grade (fine silver) being the most valuable.
| Purity Grade | Description | Common Use |
|---|---|---|
| 800–925 | Sterling Silver | Jewelry, utensils |
| 958 | Britannia Silver | Premium decorative items |
| 999 | Fine Silver | Investment, bullion, industry |
Higher purity attracts higher premiums, especially in bullion and investment-grade silver.
Near-Term Outlook: Dip May Be Opportunity
Analysts suggest the current pullback may not last long. Many believe that this is a healthy correction after a strong Q1 rally. The anticipated interest rate cuts in 2025 may weaken the USD, which would make silver more attractive to global investors.
Expected Price Range (Near-Term):
| Time Frame | Projected Price (₹/kg) |
|---|---|
| Next 2 weeks | ₹97,000 – ₹100,000 |
| 1–2 months | ₹105,000 – ₹110,000 |
| Long-Term (2025 End) | ₹115,000+ |
Silver remains a key metal to watch in 2025, driven by strong industrial demand, technological growth (like AI and semiconductors), and global economic uncertainty.
Conclusion
To summarize, the silver price today on 18th April 2025 has dipped slightly, yet remains strong overall. While international prices hover near $32.5/oz, Indian cities are witnessing rates between ₹95,000 to ₹99,000 per kg. Though short-term factors like tariffs are causing temporary volatility, the long-term outlook remains bullish, supported by industrial growth and tightening global supply.
For investors and traders, this minor dip could be a buying opportunity—especially if silver continues its journey toward the projected ₹110,000/kg mark in the coming months.
