Silver has created a new history in the commodity market around the world. For the first time the price of silver has crossed $ 100 an ounce. This record was made on January 23, 2026 and even after that the prices have remained high. Its effect is clearly visible in the markets of India and Gulf countries.
According to the latest information, the futures price of silver on COMEX closed at $ 101.33. Whereas in the spot market, silver has reached $ 103.08 per ounce. This is an increase of more than 5% which was seen in a single day.
Due to global boom, silver has become expensive in India also. In cities like Delhi and Mumbai, the price of silver has reached Rs 365 per gram. If you go to buy 1 kg of silver, you will have to pay approximately Rs 3,65,000. There has been an increase of Rs 10 per gram as compared to yesterday.
It has its impact in Gulf countries also. The rate of silver in Saudi Arabia is around 12.45 Riyal (SAR) per gram. It is decided on the basis of dollar prices in the international market.
| place | Unit | price |
|---|---|---|
| global | per ounce | $103.08 |
| India | per 10 grams | ₹3,650 |
| India | per kg | ₹3,65,000 |
| saudi arabia | per gram | 12.45 riyals |
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