look news india
If you are planning to buy silver jewelery or want to invest, this can be a golden opportunity for you. On the first day of July, i.e. Wednesday 1st July 2026, a big fall in the prices of silver has been recorded in the Indian bullion market. Silver has become cheaper by Rs 4,000 per kg in most major cities. The huge reduction in prices today compared to yesterday has brought a smile on the faces of investors and buyers.
What is the latest price of silver in major cities
In the country’s capital Delhi, the price of one kilogram of silver has fallen to Rs 2,22,126, which is about Rs 3,974 less than yesterday. Talking about Lucknow, the capital of Uttar Pradesh, here the price of silver has fallen by Rs 4,057 and has been recorded at Rs 2,23,851 per kg. At the same time, the rate of silver in Bihar’s capital Patna remains at Rs 2,22,124 per kg and in Rajasthan’s Jaipur at Rs 2,21,935 per kg. Even in a big bullion market like Mumbai, the price of silver is trading around Rs 2,21,810 per kg.
Rs 1.90 lakh cheaper than January’s record level
The current fall of silver is considered very important for market experts. At the beginning of the year 2026, silver had created a historical record, when its price reached around Rs 4.10 lakh per kg in January. Since then, a huge correction (fall) has been seen in the prices of silver. If we look at the current market price (about Rs 2.22 lakh), it has fallen to about Rs 1.90 lakh per kg from its January peak level.
What are the signs for investors?
International signals and changes in domestic demand are being considered to be the main reasons behind this ongoing decline in the bullion market. At present there is pressure in the market, due to which investors are adopting a cautious attitude. However, this is also a big opportunity for those investing in silver, because this huge fall in prices is considered favorable for buying. Now all eyes are on the coming months to see whether silver will go down further from here or whether the prices will rise again.