Silver prices in Chandigarh witnessed a notable surge on January 23, 2026, with the metal trading at ₹340 per gram and ₹3,40,000 per kilogram. This marks an increase of ₹15 per gram and ₹15,000 per kg compared to the previous trading session.
The steady rise has drawn attention from investors and retail buyers alike, especially at a time when gold prices continue to fluctuate sharply across domestic markets.
Why Silver Remains Popular in Chandigarh
Chandigarh, a Union Territory and the shared capital of Punjab and Haryana, has traditionally shown strong affinity toward silver. For many buyers, silver offers a more affordable entry point compared to gold while still serving as a reliable hedge against inflation.
Often referred to as the “poor man’s gold,” silver enjoys widespread demand for investment, jewelry, and ceremonial purposes in the region. Market observers note that unlike gold, silver prices in Chandigarh tend to display relatively smoother movements, which boosts buyer confidence.
Today’s Silver Price in Chandigarh (January 23, 2026)
Silver Rate Per Gram and Kilogram
| Quantity | Price Today | Yesterday | Change |
|---|---|---|---|
| 1 Gram | ₹340 | ₹325 | +₹15 |
| 8 Gram | ₹2,720 | ₹2,600 | +₹120 |
| 10 Gram | ₹3,400 | ₹3,250 | +₹150 |
| 100 Gram | ₹34,000 | ₹32,500 | +₹1,500 |
| 1 Kg | ₹3,40,000 | ₹3,25,000 | +₹15,000 |
Silver Rate Trend in Chandigarh: Last 10 Days
Silver prices have shown a clear upward trajectory throughout January.
| Date | 10 Gram | 100 Gram | 1 Kg |
|---|---|---|---|
| Jan 23, 2026 | ₹3,400 | ₹34,000 | ₹3,40,000 |
| Jan 22, 2026 | ₹3,250 | ₹32,500 | ₹3,25,000 |
| Jan 21, 2026 | ₹3,300 | ₹33,000 | ₹3,30,000 |
| Jan 20, 2026 | ₹3,200 | ₹32,000 | ₹3,20,000 |
| Jan 19, 2026 | ₹3,050 | ₹30,500 | ₹3,05,000 |
| Jan 18, 2026 | ₹2,950 | ₹29,500 | ₹2,95,000 |
| Jan 17, 2026 | ₹2,950 | ₹29,500 | ₹2,95,000 |
| Jan 16, 2026 | ₹2,920 | ₹29,200 | ₹2,92,000 |
| Jan 15, 2026 | ₹2,950 | ₹29,500 | ₹2,95,000 |
| Jan 14, 2026 | ₹2,900 | ₹29,000 | ₹2,90,000 |
January 2026 Silver Performance in Chandigarh
Monthly Price Movement Overview
- Silver rate on January 1, 2026: ₹2,38,000 per kg
- Silver rate on January 23, 2026: ₹3,24,900 per kg
- Highest rate in January: ₹3,30,000 per kg (January 21)
- Lowest rate in January: ₹2,38,000 per kg (January 1)
- Overall monthly change: +36.51% (Rising)
Analysts attribute this strong rally to improved industrial demand, global cues, and increased local buying amid volatile gold prices.
What Investors Should Know
Market experts advise buyers to track daily silver prices before making large purchases. While silver has shown resilience, prices remain sensitive to global commodity trends, currency movements, and industrial demand.
For long-term investors, silver continues to offer value due to its dual role as a precious and industrial metal.
Summary: Key Highlights
- Silver price in Chandigarh reached ₹340 per gram on January 23, 2026
- Per kilogram rate jumped to ₹3.40 lakh, up ₹15,000 in a day
- January saw a 36.51% rise in silver prices
- Silver remains a preferred investment over gold for many buyers in Chandigarh
Disclaimer: Silver prices may vary based on purity, jeweller margins, and local taxes. Always verify rates with authorized dealers before purchasing.