24K Gold:15,709/g22K Gold:14,400/gSilver:280/g

Silver Price Today in Chennai29 June 2026

Last updated: 30 May 2026

Reviewed by GoldSilverPrice.in Team, Financial Data Analysts

About this data

Silver prices in Chennai (Tamil Nadu) follow MCX silver futures and international spot references in INR. Retail quotes may differ after making charges or dealer premium.

RBI | IBJA | MCX India

Silver price today in Chennai is 278/g (999 fine benchmark) — ₹2/g below national (national: ₹280/g). Gold-to-silver ratio in India today is about 56:1.

Chennai has strong silver demand for traditional gifts and festival purchases. T. Nagar jewellers quote competitive per-gram rates. Today, silver in Chennai is priced at ₹278 per gram.

Chennai buyers favour traditional silver gifts during Pongal. Making charges vary more than the daily gram rate.

Use the weight tables, purity comparison, nearby city rates, trend chart, and FAQs before you buy silver in Chennai.

Silver Price in Chennai — By Weight

WeightSilver
1g278
8g2,224
10g2,780
100g27,800
1kg2,78,000

999 vs 925 Silver in Chennai

Feature999 fine silver925 sterling
Rate per gram today278~₹257 silver content
10 gram (metal only)2,780~₹2,570
Best forCoins, barsJewellery, gifts

Silver Rate in Chennai29 June 2026 Analysis

MCX India and local market context

Chennai has a deep-rooted jewellery culture, with T. Nagar as a key retail hub and strong demand for traditional South Indian designs. Retail prices track national benchmarks while making charges vary based on craftsmanship and finishing.

Local tip — Chennai

For traditional pieces, compare making charges and wastage policy—these often matter more than the day’s per-gram price.

Seasonal note: Pongal and the December–February wedding season typically bring strong demand and quicker design sell-outs.

Silver Price in Chennai — Common Weights

Weight999 silver (Chennai)
1 gram278
8 grams2,224
10 grams2,780
100 grams27,800
1 kg2,78,000

Metal value only. See silver price per gram for national reference.

India Silver Trend (30-Day Reference)

Chennai silver quotes usually move with the national MCX trend. Chart below shows India reference history for direction — not an exact shop quote.

Silver price history reference — India (30 days)

DateSilver (₹/g)
2026-05-31276
2026-06-01277
2026-06-02279
2026-06-03280
2026-06-04281
2026-06-05281
2026-06-06282
2026-06-07282
2026-06-08282
2026-06-09282
2026-06-10281
2026-06-11281
2026-06-12280
2026-06-13279
2026-06-14279
2026-06-15278
2026-06-16278
2026-06-17278
2026-06-18277
2026-06-19278
2026-06-20278
2026-06-21279
2026-06-22280
2026-06-23281
2026-06-24282
2026-06-25283
2026-06-26285
2026-06-27286
2026-06-28287
2026-06-29288

View full silver price history →

Chennai vs Nearby Cities

CityPrice (₹/g)Variation
Chennai278-0.72%
Delhi278-0.68%
Bangalore278-0.79%
Hyderabad278-0.68%
Kolkata278-0.75%
Pune278-0.68%

Also compare: Coimbatore, Madurai

How to Buy Silver in Chennai

1

Check today's per gram rate

Board rate should be near ₹278/g for 999 benchmark before weighing.

2

Verify purity stamp

999 on coins/bars; 925 on most jewellery — BIS hallmark on new pieces.

3

Compare total invoice

Minting, making charges, and GST can change net cost more than ₹5/g moves.

4

Use nearby city table

Compare Chennai with neighbouring markets in Tamil Nadu before bulk buys.

Frequently Asked Questions — Chennai

MCX India, RBI, IBJA references

What is the silver price in Chennai today?

Today's silver price in Chennai is ₹278 per gram (999 fine benchmark). See the weight table for 10 g, 100 g, and 1 kg values.

What is 10 gram silver price in Chennai?

10 grams of silver in Chennai is about ₹2,780 in metal value before making charges or GST on jewellery.

Why does silver price differ between cities?

Silver prices differ due to logistics, local association benchmarks, dealer spread, and demand. The trend direction still follows MCX nationally.

Where can I buy silver in Chennai?

Chennai has jewellers and bullion dealers selling coins and jewellery. Insist on purity marks, BIS hallmark on new jewellery, and a detailed GST invoice.

How is GST applied on silver?

GST of 3% applies on silver jewellery across India. Coin and bar purchases may differ — confirm on your bill.

Is Chennai silver cheaper than other cities?

Use the nearby cities table on this page. Chennai usually tracks the national MCX direction with small local variation.

What is 999 vs 925 silver?

999 is 99.9% pure for coins and bars. 925 is sterling silver for jewellery. Your per-gram value depends on which purity you buy.

How does silver in Chennai compare to gold?

See gold price in the same city via the related link on the page. Many buyers hold both metals for different goals.

Related Pages

Gold & Silver Prices in Other Cities

Compare silver prices in Chennai with nearby cities:

Why Trust GoldSilverPrice.in?

City silver rates update daily from MCX-linked benchmarks. Structured tables and FAQs help you compare Chennai with national and nearby markets before you buy.