By ETF Desk
Silver price in Udupi reached ₹1,23,500 per kilogram on 15 July 2026, according to Business Today’s market update.
The rise follows a steady climb in global silver prices over the past quarter, driven by increased demand from technology and jewelry sectors. Local traders in Udupi’s bustling marketplaces reported higher sales volumes, citing both domestic demand and international pricing movements.
For consumers, the uptick means higher costs for silver jewelry and industrial components. Jewelers anticipate a brief surge in revenues, while small‑scale miners expect increased interest in silver extraction projects. The shift also underscores the growing importance of Udupi as a hub for precious metal trading in Karnataka.
Source: Google News – Udupi.