Silver Rate Today, June 12, 2026: Silver Price Rebounds on Friday, Rises ₹100 per 10 gram

Mumbai, June 12: Silver prices in India rebounded on Friday, snapping a four-session run of declines and stagnation as the national rate rose to ₹260 per gram — or ₹2,600 per 10 grams and ₹2,60,000 per kilogram — up ₹100 per 10 grams from Thursday’s ₹2,500 per 10 grams. The recovery, though modest, marks the first upward movement in the metal since it last traded at ₹2,750 per 10 grams in most cities on the previous Friday, and brings silver back into focus for retail buyers who had been watching the slide. 

Friday’s gain appears linked to the sharp reversal in geopolitical risk sentiment that has dominated global energy and commodity markets through the week. Oil prices fell for a second consecutive session after U.S. President Donald Trump cancelled planned military strikes on Iran, easing the immediate threat to the Strait of Hormuz and dragging Brent crude down 1.7% to $88.81 a barrel and WTI to $86.31.  

Check list of Silver ETFs in India 

While softer crude would normally weigh on silver through the industrial demand channel, Friday’s price action suggests that the partial de-escalation has rekindled safe-haven interest in precious metals more broadly — with silver benefiting alongside gold from a modest return of risk-off positioning. 

Across India’s major cities, Friday’s rate of ₹2,600 per 10 grams prevailed in Mumbai, Delhi, Kolkata, Bangalore, Pune, Vadodara and Ahmedabad — each up ₹100 from Thursday’s ₹2,500. The southern and premium markets of Chennai, Hyderabad and Kerala, which consistently carry a structural premium on account of stronger regional jewellery fabrication demand, rose to ₹2,650 per 10 grams on Friday, up ₹50 from Thursday’s ₹2,600 in these cities. The narrower gain in the premium cluster reflects the fact that these markets had already absorbed less of the recent decline compared with the mainstream tier, leaving a smaller recovery gap to close. 

The two-tier pricing structure that has defined domestic silver markets through June remains intact on Friday, with the Chennai-Hyderabad-Kerala premium at ₹50 per 10 grams above the national mainstream rate.  

Also Read: How to Invest in Silver: 6 Best Ways (2026) 

Silver prices in India are ultimately determined by international spot prices, which in turn move on a combination of U.S. dollar strength, Federal Reserve rate expectations, industrial output data and, increasingly in recent months, West Asia geopolitical developments. Whether Friday’s recovery has the momentum to extend into the following week will depend in large part on how the Iran-U.S. standoff evolves and whether global manufacturing data in the coming days provides any fresh cue for the metal’s significant industrial demand segment. 

10 Gram Silver Prices: Thursday vs Friday Comparison 

Source

• goodreturns.in | Friday, June 12, 2026. Thursday prices from goodreturns.in, June 11, 2026. Rates are indicative and may vary by jeweller.