Silver prices in Chandigarh witnessed a significant jump on January 29, 2026, continuing the strong upward momentum seen throughout the month. According to the latest market data, silver is now priced at ₹410 per gram and ₹4,10,000 per kilogram, marking a sharp daily increase of ₹30 per gram and ₹30,000 per kg.
The sudden rise has caught the attention of investors, jewellers, and retail buyers across the city, especially as silver continues to outperform gold in terms of price stability and affordability.
Why Silver Remains Popular in Chandigarh
Chandigarh, which serves as the capital of both Punjab and Haryana, has traditionally shown a strong preference for silver over gold. Market experts attribute this trend to silver’s relatively lower entry cost and its dual demand across jewellery, investment, and industrial segments.
Often referred to as the “poor man’s gold,” silver remains accessible to middle-class buyers while still offering attractive long-term returns. Despite volatility in gold prices, silver rates in Chandigarh have largely shown steadier movement, strengthening investor confidence.
Silver Price Per Gram and Per Kilogram Today
Latest Silver Rates in Chandigarh (INR)
| Quantity | Today | Yesterday | Change |
|---|---|---|---|
| 1 Gram | ₹410 | ₹380 | +₹30 |
| 8 Gram | ₹3,280 | ₹3,040 | +₹240 |
| 10 Gram | ₹4,100 | ₹3,800 | +₹300 |
| 100 Gram | ₹41,000 | ₹38,000 | +₹3,000 |
| 1 Kg | ₹4,10,000 | ₹3,80,000 | +₹30,000 |
The rise reflects strong demand and bullish sentiment in the domestic bullion market.
Silver Rate Trend in Chandigarh: Last 10 Days
Daily Silver Prices (January 20–29, 2026)
| Date | 10 Gram | 100 Gram | 1 Kg |
|---|---|---|---|
| Jan 29 | ₹4,100 | ₹41,000 | ₹4,10,000 |
| Jan 28 | ₹3,800 | ₹38,000 | ₹3,80,000 |
| Jan 27 | ₹3,700 | ₹37,000 | ₹3,70,000 |
| Jan 26 | ₹3,600 | ₹36,000 | ₹3,60,000 |
| Jan 25 | ₹3,350 | ₹33,500 | ₹3,35,000 |
| Jan 24 | ₹3,350 | ₹33,500 | ₹3,35,000 |
| Jan 23 | ₹3,400 | ₹34,000 | ₹3,40,000 |
| Jan 22 | ₹3,250 | ₹32,500 | ₹3,25,000 |
| Jan 21 | ₹3,300 | ₹33,000 | ₹3,30,000 |
| Jan 20 | ₹3,200 | ₹32,000 | ₹3,20,000 |
The data clearly shows a strong upward trajectory, with minor corrections along the way.
January 2026: A Remarkable Month for Silver
Silver Price Movement in January 2026
- January 1 Price: ₹2,38,000 per kg
- January 29 Price: ₹4,10,000 per kg
- Highest Price: ₹4,10,000 on January 29
- Lowest Price: ₹2,38,000 on January 1
- Overall Monthly Gain: +72.27%
The massive rise of over 72% in a single month highlights the strong rally in silver prices, driven by global cues, rising industrial demand, and increased investor interest.
What Experts Suggest for Buyers
Bullion analysts advise buyers and investors to check daily silver rates before making purchases, as short-term volatility may continue. For long-term investors, silver remains a strong hedge and a cost-effective alternative to gold.
Jewellers in Chandigarh report increased footfall, especially from small investors opting for silver coins and bars amid rising gold prices.