Aurangabad, 15 September 2026: Silver in Aurangabad was recorded at ₹2,60,900 per kilogram on 14 September, according to a local price compilation published by BusinessToday.in. The data shows notable volatility through September so far, with intra‑month swings that market participants say reflect global metal markets and changing local demand.
Monthly movement and recent extremes
BusinessToday.in's compiled figures for September 2026 show the month opened at ₹2,59,900 per kg on 1 September and reached a monthly high of ₹2,71,100 on 11 September before easing back to ₹2,60,900 by 14 September. The overall performance for the month is recorded as rising.
| Date | Rate (₹/kg) |
|---|---|
| 1 September 2026 | ₹2,59,900 |
| 11 September 2026 (High) | ₹2,71,100 |
| 14 September 2026 | ₹2,60,900 |
Context from preceding months
The BusinessToday.in historical series cited in the local compilation shows significant month‑to‑month movement in Aurangabad's silver rates through the summer.
- August 2026: The month closed at ₹2,70,900 per kg with a high of ₹2,76,100 (22 August) and a low of ₹2,17,900 (5 August); overall performance was recorded as rising.
- July 2026: Rates declined overall; the month opened at ₹2,63,100 and settled at ₹2,39,900 on 31 July, with a high of ₹2,77,900 (6 July) and a low of ₹2,17,900 (15 July).
- June 2026: The month opened at ₹2,97,900 and fell to ₹2,44,900 by 30 June, according to the same compilation.
Those figures underline substantial intra‑quarter volatility for the metal in the local market, mirroring patterns seen on international commodity screens over the same period.
"Price swings through July–September reflect mixed global cues and changing demand in the domestic jewellery and industrial segments," BusinessToday.in reported in its local price summary.
What this means for Aurangabad buyers and traders
Local jewellers and bullion traders in Aurangabad said such month‑to‑month volatility complicates stocking and pricing strategies. When rates spike, retailers typically widen margins or delay purchases; when rates fall, they may clear inventories or offer fixed‑price products.
For household buyers and small investors in Aurangabad — many of whom buy small quantities of silver for festivals and puja — the movement from ₹2,59,900 to ₹2,71,100 within days is significant. At the higher end, a 1 kg purchase at the peak would have cost ₹11,200 more than the opening rate on 1 September.
Drivers cited in the data and market commentary
The BusinessToday.in series links local rates to broader drivers, including international silver futures, dollar movements, interest‑rate expectations and Indian demand from jewellery and industrial users. Traders in Aurangabad pointed to the following factors influencing recent prices:
- Global precious‑metals trend: Movements on international exchanges often filter through to local rates within a day or two.
- Domestic demand fluctuations: Festival buying and industrial orders can tighten local supply temporarily.
- Currency factors: Changes in the rupee‑dollar rate affect landed import costs and thereby local quotations.
While the BusinessToday.in compilation provides a local price snapshot, bullion dealers in Aurangabad cautioned that retail prices can differ slightly due to making charges, taxes and local levies. They advised buyers to check rates with authorised local dealers before transacting.
Residents and traders in Aurangabad tracking precious‑metal investments will watch the coming weeks for signs of consolidation after the September swings. For now, the local silver market remains sensitive to global news and to short‑term shifts in domestic demand.
