Amravati, 26 August: The local silver rate in Amravati was recorded at ₹2,75,900 per kilogram on 26 August 2026, according to price data compiled and reported by BusinessToday.in. Monthly trend charts for May through August show sharp intramonth movements, underscoring persistent volatility in the precious-metals market.
Monthly highs and lows
BusinessToday.in's historical price series for Amravati lists the following notable points:
- August 2026: opened at ₹2,50,900 on 1 August; highest ₹2,76,100 (22 August); lowest ₹2,17,900 (5 August); 26 August rate ₹2,75,900.
- July 2026: opened ₹2,63,100 (3 July); highest ₹2,77,900 (6 July); lowest ₹2,17,900 (15 July); closed at ₹2,39,900 (31 July).
- June 2026: opened ₹2,97,900 (1 June); highest ₹2,98,000 (4 June); lowest ₹2,13,000 (25 June); closed at ₹2,44,900 (30 June).
- May 2026: opened ₹2,73,000 (1 May); highest ₹3,28,100 (14 May); lowest ₹2,65,000 (3 May); month-end figures show elevated levels.
What the numbers show
The August series reflects a month that began near ₹2.5 lakh per kg and moved rapidly to mid-₹2.7 lakh levels by 22–26 August, with an intramonth trough close to ₹2.18 lakh. Over the past four months, data show several large intra‑month swings — May recorded a peak above ₹3.28 lakh while June opened near ₹2.98 lakh and fell below ₹2.14 lakh later that month.
Such wide ranges indicate short-term market forces — including international price shifts, demand from industrial and jewellery sectors, and currency movements — are likely influencing local rates in Amravati. The data do not attribute causes, but the pattern is consistent with a volatile global and domestic metals market.
Local implications
For Amravati's jewellers, small traders and households that buy silver for investment or festivals, the rapid price movements complicate purchase and stock decisions. Retailers often adjust margins and stock levels in response to wholesale volatility; consumers who buy for traditional occasions may face higher costs when prices spike.
Smaller dealers who operate on thin margins can be particularly exposed when prices swing sharply within weeks. Conversely, short-term buyers seeking to speculate may find opportunities but also face elevated risk due to the large intra‑month variations shown in the data.
"Price series for May to August show significant swings; traders and consumers in Amravati should monitor daily rates before making purchase or sale decisions," BusinessToday.in reported in its compiled data.
| Month | Opening rate (₹/kg) | Highest (₹/kg) | Lowest (₹/kg) | Rate on last reported date |
|---|---|---|---|---|
| May 2026 | ₹2,73,000 | ₹3,28,100 | ₹2,65,000 | month-end elevated |
| June 2026 | ₹2,97,900 | ₹2,98,000 | ₹2,13,000 | ₹2,44,900 (30 June) |
| July 2026 | ₹2,63,100 | ₹2,77,900 | ₹2,17,900 | ₹2,39,900 (31 July) |
| August 2026 | ₹2,50,900 | ₹2,76,100 | ₹2,17,900 | ₹2,75,900 (26 Aug) |
Traders in Amravati's retail markets and local bullion dealers should continue to consult updated price feeds. Price series such as those published by BusinessToday.in provide day‑to‑day rates useful for setting buying and selling levels.
Residents planning purchases for upcoming festivals or functions are advised to track rates over a few days to avoid being caught by sudden spikes. For businesses that import or use silver in manufacturing, hedging and procurement timing remain key considerations in a market showing repeated sharp movements in short spans.
Data and rates referenced in this report are drawn from the BusinessToday.in silver-price compilation for Amravati covering May–August 2026.
