Silver Prices Drop in Kolkata: Good News for Buyers on Friday!

• Silver prices have decreased in Kolkata, offering relief to middle-class buyers.
• On Friday, January 16, 2026, 1 gram of silver in Kolkata is priced at Rs 292, a decrease of Rs 3.
• 1 kg of silver is now Rs 2,92,000, down by Rs 3,000.
• The price drop is attributed to an imbalance between demand and supply, according to MCX.
• Previously, silver prices had been soaring, almost reaching record levels since 2025.

Why It Matters: Silver prices in Kolkata have fallen, providing a welcome relief for consumers after a period of high costs.