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Metro Silver Spread Remains Structurally Defined

Silver metro spread continues despite marginal price drop.
The price difference between northern and southern metros persists on March 2, 2026. While Mumbai, Delhi, Kolkata and Bengaluru trade at ₹2,94,900 per kilogram, Chennai and Hyderabad remain elevated at ₹3,25,100. Despite a ₹100 national decline from yesterday, the structural spread underscores regional tax structures, logistics costs and localized demand patterns shaping bullion retail pricing dynamics across India’s key metropolitan markets.