📉 Silver Price in India Today (Latest Data)
According to recent market rates, domestic silver prices in India are currently around: (mint)
💰 Current Silver Rates (Approximate)
| Quantity | Price (₹) |
|---|---|
| 1 gram | ~₹311.90 |
| 10 grams | ~₹3,119.00 |
| 100 grams | ~₹31,190.00 |
| 1 kilogram | ~₹3,11,900.00 |
These are bullion (spot) rates — actual retail prices from jewellers or local dealers may be slightly higher due to GST (3%) and making charges. (The Sunday Guardian)
📍 City-Wise Silver Price Today (India)
As silver trading can vary significantly across cities because of demand, taxes, logistics and dealer premiums, here are current example rates: (mint)
| City | 100 g Silver | 1 kg Silver |
|---|---|---|
| Bangalore | ₹30,590 | ₹3,05,900 |
| Chennai | ₹33,910 | ₹3,39,100 |
| Delhi | ₹31,190 | ₹3,11,900 |
| Kolkata | ₹30,690 | ₹3,06,900 |
| Mumbai | ₹31,090 | ₹3,10,900 |
| Pune | ₹31,290 | ₹3,12,900 |
Note: Prices in southern cities like Chennai and Hyderabad can be higher due to stronger jewellery and industrial demand. (The Sunday Guardian)
📊 Price Trend Snapshot
Silver prices have fluctuated around ₹3 lakh+ per kg in recent weeks. (mint)
Regional variations show southern states pushing prices significantly higher. (The Sunday Guardian)
📌 What Influences Silver Price in India?
International Market Movements – Silver is priced globally; changes in COMEX/spot rates impact Indian rates.
US Dollar Strength/Weakness – A stronger dollar typically puts downward pressure on metals priced in dollars.
Geopolitical Events – Safe-haven demand (like geopolitical tensions) can push prices up. (The Times of India)
Industrial Demand – Silver is used in electronics, solar tech and other industries, boosting its medium-term value.
GST & Making Charges – Local taxes and jeweller premiums add to the final price buyers pay. (The Sunday Guardian)
🏷️ Tips Before Buying Silver in India
✔ Always check live local rates from trusted bullion dealers or jewellers.
✔ Consider GST (3%) and making charges when buying jewellery or coins.
✔ Compare city-wise prices before purchasing, especially if buying large quantities. (The Sunday Guardian)
If you want, I can also provide a city-wise daily silver price table for your blog — just tell me which cities you want included!
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