After a volatile month, silver price today on 3rd May 2025 continues to hold steady across India. For investors and buyers, today’s silver rates offer stability following a noticeable decline in April. If you’re tracking silver for investment, gifting, or industrial use, here is a detailed look at the current market prices and recent trends.
Silver Price Today on 3rd May 2025: National Overview
The silver price today on 3rd May 2025 remains unchanged from yesterday. Silver is currently priced at:
- ₹98 per gram
- ₹980 for 10 grams
- ₹9,800 for 100 grams
- ₹98,000 for 1 kilogram
This is the third consecutive day that silver rates have stayed flat, reflecting a pause in price movements after a period of gradual decline through April.
Silver Price by Weight – 3rd May 2025:
| Quantity | Price (INR) |
|---|---|
| 1 gram | ₹98 |
| 10 grams | ₹980 |
| 100 grams | ₹9,800 |
| 1 Kg | ₹98,000 |
With no price change recorded in the past two days, the market appears to be stabilizing. This plateau comes after silver witnessed a significant price correction over the last month.
Silver Price Today on 3rd May 2025: City-wise Breakdown
While the standard price of silver per kilogram is ₹98,000 in most Indian cities, some southern metros are reporting slightly higher prices. Here’s the latest silver rate by city:
| City | 10g Price | 100g Price | 1 Kg Price |
|---|---|---|---|
| Mumbai | ₹980 | ₹9,800 | ₹98,000 |
| Delhi | ₹980 | ₹9,800 | ₹98,000 |
| Kolkata | ₹980 | ₹9,800 | ₹98,000 |
| Bangalore | ₹980 | ₹9,800 | ₹98,000 |
| Pune | ₹980 | ₹9,800 | ₹98,000 |
| Ahmedabad | ₹980 | ₹9,800 | ₹98,000 |
| Jaipur | ₹980 | ₹9,800 | ₹98,000 |
| Lucknow | ₹980 | ₹9,800 | ₹98,000 |
| Surat | ₹980 | ₹9,800 | ₹98,000 |
| Patna | ₹980 | ₹9,800 | ₹98,000 |
| Nagpur | ₹980 | ₹9,800 | ₹98,000 |
| Chandigarh | ₹980 | ₹9,800 | ₹98,000 |
| Chennai | ₹1,090 | ₹10,900 | ₹1,09,000 |
| Hyderabad | ₹1,090 | ₹10,900 | ₹1,09,000 |
| Kerala | ₹1,090 | ₹10,900 | ₹1,09,000 |
| Coimbatore | ₹1,090 | ₹10,900 | ₹1,09,000 |
| Madurai | ₹1,090 | ₹10,900 | ₹1,09,000 |
| Vijayawada | ₹1,090 | ₹10,900 | ₹1,09,000 |
| Bhubaneswar | ₹1,090 | ₹10,900 | ₹1,09,000 |
Southern cities are seeing premiums due to higher local demand and logistical costs, pushing silver above the national average.
April Recap: Falling Trend Sets the Stage for Silver Price Today on 3rd May 2025
Looking back at April, silver experienced a -4.76% decline, starting at ₹1,05,000 per kg and closing the month at ₹1,00,000. A sharp dip on April 9 brought the lowest monthly rate of ₹93,000 per kg. Though prices briefly rebounded mid-month, the overall trend remained bearish.
Silver Price Movement (Past 10 Days):
| Date | 1 Kg Price | Change |
|---|---|---|
| May 3 | ₹98,000 | (0) |
| May 2 | ₹98,000 | (0) |
| May 1 | ₹98,000 | (-2,000) |
| Apr 30 | ₹1,00,000 | (-500) |
| Apr 29 | ₹1,00,500 | (0) |
| Apr 28 | ₹1,00,500 | (-1,400) |
| Apr 27 | ₹1,01,900 | (0) |
| Apr 26 | ₹1,01,900 | (+1,000) |
| Apr 25 | ₹1,00,900 | (0) |
| Apr 24 | ₹1,00,900 | (-100) |
The current pricing indicates that silver may have found a temporary support level around ₹98,000, though further movement will depend on global cues and domestic industrial demand.
Silver Price Today on 2nd May 2025: Rates Stable Across India
What’s Next for Silver After Silver Price Today on 3rd May 2025?
With the silver price today on 3rd May 2025 showing no movement, the market is likely in a wait-and-watch mode. Investors are watching international commodity trends, USD-INR exchange rates, and inflation data for the next trigger.
If silver sustains this level, it could signal a consolidation phase before the next big move—either toward recovery or further decline. For retail buyers, especially ahead of the wedding season and festivals, this could be a good time to lock in prices.
In conclusion, the silver price today on 3rd May 2025 remains stable across India, reflecting a cautious yet balanced market. With recent price drops offering a better entry point for buyers, the coming days will be crucial in setting the tone for May.
