Silver Price Today in India
About this data
Silver prices on GoldSilverPrice.in follow MCX futures and international spot references, converted for INR. City-wise figures reflect regional jeweller benchmarks and can differ from shop quotes by roughly ±0.5% after making charges. Rates refresh once per day by 8:00 AM IST.
Today's silver rate in India is ₹280 per gram for fine (999) silver—the benchmark most dealers use before adding making charges and 3% GST on jewellery. Prices move with global spot silver, the rupee–dollar rate, and local demand from jewellers, investors, and industrial buyers.
Over the past week, silver has moved 0.00% (₹0 per gram). The 30-day range is ₹276–₹288 per gram, a useful band if you are planning coins, bars, or festival purchases. Compare the chart and silver price history before you fix a budget.
Scroll to the national table for weight-wise amounts (1 g to 1 kg), city-wise rates for metros and tier-2 markets, and a step-by-step buying checklist written for Indian retail shoppers.
National Silver Price Table
| Weight | Silver |
|---|---|
| 1g | ₹280 |
| 8g | ₹2,240 |
| 10g | ₹2,800 |
| 100g | ₹28,000 |
| 1kg | ₹2,80,000 |
Understanding Silver Purity in India
| Feature | 999 Fine Silver | 925 Sterling Silver |
|---|---|---|
| Purity | 99.9% | 92.5% |
| Common use | Coins, bars, bullion | Jewellery, gifts |
| Today's benchmark | ₹280/g | ~₹259/g silver content |
| Durability | Soft, scratches easily | Harder, daily-wear friendly |
| Best for | Investment, storage | Rings, chains, anklets |
Most retail buyers encounter 925 silver for jewellery and 999 for bars or coins. If a piece is sold as "silver" without a stamp, ask for a BIS hallmark and an itemised bill. Purity directly affects resale value and how much metal you actually own.
Silver Rate Today — 29 June 2026 Analysis
Today's silver rate is ₹280 per gram, a change of −₹7 (-2.44%) from yesterday's close. On a weekly view, silver is up 0.00%, and over 30 days it has risen 1.45% from ₹276/g.
Key factors influencing today's silver price:
- Global spot silver and COMEX futures set the base direction before INR conversion
- Rupee movement against the US dollar—a weaker rupee often lifts domestic metal prices
- Industrial orders (electronics, solar, medical) that absorb large volumes of raw silver
- Jewellery and gifting demand around Indian festivals and wedding seasons
Outlook:
Near-term support is often watched near ₹276/g, with resistance around ₹288/g based on the last 30 sessions. A sustained break above the recent high could signal stronger buying interest from both investors and fabricators.
30-Day Silver Price Trend
Silver price history (last 30 days) — India
| Date | Silver (₹/g) |
|---|---|
| 2026-05-31 | 276 |
| 2026-06-01 | 277 |
| 2026-06-02 | 279 |
| 2026-06-03 | 280 |
| 2026-06-04 | 281 |
| 2026-06-05 | 281 |
| 2026-06-06 | 282 |
| 2026-06-07 | 282 |
| 2026-06-08 | 282 |
| 2026-06-09 | 282 |
| 2026-06-10 | 281 |
| 2026-06-11 | 281 |
| 2026-06-12 | 280 |
| 2026-06-13 | 279 |
| 2026-06-14 | 279 |
| 2026-06-15 | 278 |
| 2026-06-16 | 278 |
| 2026-06-17 | 278 |
| 2026-06-18 | 277 |
| 2026-06-19 | 278 |
| 2026-06-20 | 278 |
| 2026-06-21 | 279 |
| 2026-06-22 | 280 |
| 2026-06-23 | 281 |
| 2026-06-24 | 282 |
| 2026-06-25 | 283 |
| 2026-06-26 | 285 |
| 2026-06-27 | 286 |
| 2026-06-28 | 287 |
| 2026-06-29 | 288 |
How to Buy Silver in India — Quick Checklist
Check today's live rate
Confirm ₹/gram on GoldSilverPrice.in before visiting a store or placing an online order.
Choose the right form
999 bars or coins for investment; 925 hallmark jewellery for daily wear and gifts.
Verify BIS hallmark
Jewellery must carry BIS mark and HUID since 2021. Match the purity stamp to your bill.
Ask for an itemised bill
Bill should list silver weight, metal value, making charges, wastage, and 3% GST lines separately.
Compare making charges
Silver jewellery making charges often run 10–25%. Plain bars usually have lower premiums.
Weigh before you pay
Use a certified scale for large purchases. For coins, verify mint packaging is intact.
Consider digital options
Silver ETFs and exchange-traded commodities can offer exposure without home storage—compare fees.
Silver Price Across Top Cities
Compare today's silver rate in major Indian cities. Tap a city name for local detail, 30-day charts, and buying notes.
| City | Price (₹/g) | Variation |
|---|---|---|
| Mumbai | ₹278 | ▼ -0.69% |
| Delhi | ₹278 | ▼ -0.68% |
| Bangalore | ₹278 | ▼ -0.79% |
| Chennai | ₹278 | ▼ -0.72% |
| Hyderabad | ₹278 | ▼ -0.68% |
| Kolkata | ₹278 | ▼ -0.75% |
| Pune | ₹278 | ▼ -0.68% |
| Ahmedabad | ₹278 | ▼ -0.73% |
| Jaipur | ₹278 | ▼ -0.75% |
| Surat | ₹278 | ▼ -0.77% |
| Lucknow | ₹278 | ▼ -0.75% |
| Kanpur | ₹278 | ▼ -0.69% |
| Nagpur | ₹278 | ▼ -0.73% |
| Patna | ₹278 | ▼ -0.74% |
| Bhopal | ₹279 | ▼ -0.66% |
| Indore | ₹278 | ▼ -0.67% |
| Vadodara | ₹279 | ▼ -0.66% |
| Agra | ₹278 | ▼ -0.75% |
| Nashik | ₹278 | ▼ -0.74% |
| Coimbatore | ₹278 | ▼ -0.77% |
Frequently Asked Questions
Answers based on MCX India, RBI, and IBJA market practices.
What is the silver price in India today?
Today's silver price in India is ₹280 per gram (999 fine silver benchmark). Rates on this page are updated daily and may differ slightly at local jewellers after making charges and GST.
What is the difference between 999 and 925 silver?
999 silver is 99.9% pure and is used for coins, bars, and bullion. 925 sterling silver contains 92.5% silver and 7.5% alloy, making it stronger for rings, chains, and anklets. Always check the purity stamp before you pay.
Is today a good time to buy silver in India?
Silver is up 0.00% over the past seven days and has risen 1.45% over the last 30 days (range ₹276–₹288/g). Festive demand and industrial orders often move prices quickly, so compare today's rate with the chart before bulk purchases.
What is GST on silver in India?
GST of 3% applies on silver jewellery. Silver coins and bars may have different tax treatment depending on purity and packaging—ask the seller for a tax invoice that shows silver value, making charges, and GST separately.
How does industrial demand affect silver prices?
Roughly half of global silver demand comes from industry (electronics, solar panels, medical devices). When factory output rises, silver often gains support. In India, jewellery and gifting demand during festivals can add a second layer of price movement on top of global trends.
What is MCX silver rate?
MCX (Multi Commodity Exchange) lists silver futures contracts in India. Many wholesalers and large jewellers use MCX settlement prices as a reference when setting daily shop rates. Retail buyers still pay making charges and GST on top of the benchmark.
Silver vs gold — which is better for investment?
Gold is usually seen as a long-term store of value; silver is more volatile but costs less per gram (today's gold-to-silver ratio is about 56:1). Some investors hold both. For pure savings, compare Silver ETFs, digital silver, and physical bars on purity, fees, and liquidity.
How do I check silver purity before buying?
Look for BIS hallmark on jewellery (mandatory since 2021), verify the stamp (999, 925, etc.), and insist on a bill with weight and purity. For bars and coins, buy from reputed mints or dealers and keep the certificate of authenticity.
Related Pages
City-wise Silver Prices
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Official Data Sources
Benchmarks aligned with MCX, RBI macro releases, and IBJA references used by the Indian bullion trade.
Daily Updates
Silver rates refresh once per day by 8:00 AM IST with clear methodology notes on every page.
Complete Information
Beyond spot prices: purity guides, city tables, charts, and practical buying checklists for Indian shoppers.
View more information on 30-day silver price history.