Why did silver price today hit a record in Jaipur?

Local quotes reflect global cues, rupee movement, and domestic demand. A softer dollar, steady industrial demand, and restocking likely lifted prices. Traders also tightened supply and premiums during fast moves. Together, these factors pushed Jaipur to Rs 2,54,500 per kg, after a sharp Rs 7,500 daily jump.

Is it a good time to buy silver after this spike?

Average your buys instead of going all in. Split purchases over days, confirm purity, and compare store premiums. If investing, consider SIPs in silver ETFs or mutual funds and keep position sizes small. Set alerts on key levels and be patient if volatility increases after the headlines.

How do city rates differ from the Jaipur silver rate?

City quotes can vary due to transport, local taxes, making charges, and shop premiums. Check live boards at multiple stores, confirm the purity and weight, and ask about delivery timelines. Comparing against the Jaipur silver rate helps you judge whether a quoted premium is reasonable for your purchase.

Should I track gold price today when buying silver?

Yes. Gold and silver often move together, but not always. Watching the gold price today alongside silver helps you balance jewellery plans and investment choices. If gold stalls while silver rallies, you may adjust your mix. Always compare purity, making charges, and delivery terms before deciding.

Global Market Insights

Silver Prices Today, January 11: Jaipur Hits Record Rs 2,54,500/kg

ByDanny Kontos January 11, 2026January 11, 2026

Silver price today grabbed attention across India after Jaipur hit a record Rs 2,54,500 per kg. The city saw a sharp Rs 7,500 rise in a single day, taking gains to Rs 18,000, or about 7.6%, in the first ten days of January. This jump matters for jewellers’ quotations, wedding budgets, and investor hedging strategies. We break down what is driving prices, how it affects retail buyers, and the simple steps investors in India can consider this week. Expect active trade on MCX and busy counters in key markets.