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Chennai, Hyderabad trade silver above national average

Southern metros priced silver higher despite flat national movement.
Silver prices stayed unchanged nationally, yet Chennai and Hyderabad quoted ₹2,950 per 10 grams, higher than Mumbai and Delhi’s ₹2,850.The premium highlights localized demand . With zero daily change recorded,markets appear to be stabilizing after sharp swings earlier this week, indicating short-term equilibrium in bullion pricing trends. Traders attribute the regional variance to transportation costs,local inventory cycles and stronger retail offtake in southern markets.