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Metro Price Gap Persists as Southern Cities Quote Premium Silver Rates
Southern metros traded silver ₹100 higher per 10 grams than northern cities, highlighting regional demand-driven premiums.
Silver rates on February 27 showed a noticeable regional gap, with Chennai, Hyderabad and Kerala quoting ₹2,949 per 10 grams, ₹100 higher than northern and western metros. Mumbai, Delhi, Kolkata, Pune and Ahmedabad remained aligned at ₹2,849 per 10 grams. The ₹100 premium reflects local demand dynamics and logistical factors despite uniform international price benchmarks guiding overall domestic valuations.