The silver price in India plays a crucial role for investors, traders, and jewellery buyers. Silver is not only a precious metal used for ornaments but also a vital industrial metal used in electronics, solar panels, and medical equipment. Due to this dual demand, the silver price today keeps fluctuating based on global and domestic market conditions.
Tracking the silver price in India on a daily basis helps buyers make informed decisions. Even a small movement in the silver price can impact overall investment returns, especially when purchasing silver in bulk. That is why checking the today silver price before buying or investing has become increasingly important for Indian consumers.
Today Silver Price in India (Per Gram, 10 Gram & 1 KG)
The silver price today in India is quoted in multiple weight categories to suit different buyers.
- Silver price per gram – Ideal for jewellery buyers
- Silver price per 10 grams – Common retail benchmark
- Silver price per kg – Used by bullion traders and investors
Most rates are calculated for 999 fine silver, which is the highest purity available in the Indian bullion market. The silver price is updated daily based on international spot prices, USD–INR exchange rates, and domestic demand. Local jewellers may add making carges and GST to the base silver price.
Live international silver spot prices
City-Wise Today Silver Price in India
The silver price can vary slightly from city to city due to transportation costs, local demand, and retail margins.
Silver Price Today in Jaipur
The silver price today in Jaipur reflects strong demand for traditional silver jewellery and artefacts. Jaipur is one of India’s major silver trading hubs, known for handcrafted ornaments and bullion trade. Seasonal demand during weddings and festivals often affects the local silver price. Wholesale markets usually follow national benchmarks, while retail silver prices include additional charges.
Silver Price Today in Lucknow
The silver price today Lucknow is influenced by consistent demand for silver jewellery, coins, and utensils. In Lucknow, buyers closely track the silver price before making purchases, especially during festive seasons. Local jewellers revise silver prices daily based on national rates and bullion supply.
Silver Price Today in Kolkata
The silver price today in Kolkata is driven by jewellery demand and cultural traditions. Silver ornaments and decorative items are widely used during festivals like Durga Puja. The silver price today Kolkata generally remains aligned with the national silver price, with minor variations due to logistics and market demand.
Silver Price Today in Kanpur
The silver price today Kanpur attracts both retail buyers and long-term investors. Kanpur has a growing demand for silver bars and coins. The local silver price follows national trends, but retail prices may differ depending on purity, certification, and dealer margins.
Factors Affecting Today’s Silver Price in India
Several factors impact the silver price on a daily basis:
- International silver price movements
- USD–INR exchange rate fluctuations
- Industrial demand for silver
- Inflation and interest rates
- Import duty and GST on silver
Because silver is both an industrial and precious metal, its price reacts faster to economic data than gold. This makes the silver price today more volatile in comparison. MCX commodity price updates
Today Silver Price Trend (Last 7–10 Days)
The silver price trend over the last 7–10 days often shows sharp movements. Unlike gold, the silver price is highly sensitive to industrial demand and speculative trading. Global economic uncertainty, inflation data, and central bank policies directly impact the today silver price, making short-term fluctuations more common.
Is Today a Good Time to Buy Silver?
Deciding whether to buy depends on your purpose:
- Short-term buyers can benefit from dips in the silver price
- Long-term investors use silver as an inflation hedge
- Jewellery buyers should focus on purity rather than short-term silver price changes
With rising industrial demand, many investors consider silver a valuable long-term asset in India.
Silver Price Today vs Gold Price Today
When comparing silver price vs gold price, silver is significantly more affordable. The gold–silver ratio helps investors understand relative value. While gold offers stability, silver provides higher volatility and potential returns. This makes silver attractive for investors willing to take moderate risk.
How to Check Live Silver Price Today
You can check the live silver price today through:
- Online bullion price platforms
- MCX commodity exchange
- Trusted local jewellers
Always compare multiple sources before purchasing to ensure you are getting the correct silver price.
FAQs – Today Silver Price
What is today’s silver price in India?
The silver price today depends on international markets, exchange rates, and domestic taxes.
Why does silver price change daily?
Silver price changes daily due to global demand, industrial usage, and currency fluctuations.
Is silver cheaper than gold today?
Yes, the silver price is much lower than gold, making it affordable for investors.
Which city has the lowest silver price today?
The silver price is almost uniform across cities, with minor differences due to local charges.
Does GST apply on silver in India?
Yes, GST is applicable on silver purchases in India.
