India, May 1 -- Silver Price Today, 01 May 2026: Silver prices in India opened softer on 01 May 2026, reflecting global volatility, a stronger US dollar and cautious industrial demand. Domestic silver was quoted at Rs.250 per gram and Rs.2,50,000 per kilogram, down Rs.5,000/kg from the previous level unlike gold, silver plays a dual role. It is both a precious metal and an industrial commodity used in electronics, solar panels, batteries, medical devices and jewellery with India among the world's largest silver consumers, price movements are closely tracked by traders, jewellers and investors. As markets enter May, the key question is whether silver can rebound after a corrective phase.

Domestic Silver Prices (India) - 01 May 2026

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