By ETF Desk
Silver prices in Udupi rose to ₹50,500 per kilogram on Thursday, 17 July 2026. The surge followed a 2% increase from the previous day's rate of ₹49,500 per kg, according to local bullion traders.
The rise aligns with global commodity trends, as demand for precious metals has outpaced supply amid geopolitical uncertainties. Udupi's bullion market, which serves as a regional hub for the Coastal Karnataka region, reported increased transactions from local jewelry manufacturers and retail buyers.
Industry analysts say the uptick may drive higher sales for Udupi's jewelry sector, boosting local employment. The price movement is expected to echo across the district. Source: Google News – Udupi.