Silver Rate Today’s Delhi, Kolkata, Mumbai Silver Price

City-wise Silver Price Snapshot

Delhi

• Today, per gram silver is quoted at ₹ 168 (increasing by ~₹ 6 over yesterday) and ₹ 1,68,000 for 1 kg.
• For 10 g: approx ₹ 1,680. For 100 g: approx ₹ 16,800.
• Trend: Prices have been rising. For example, on 1 Nov Silver in Delhi was ~₹ 1,52,000/kg; today it’s ~₹ 1,68,000/kg — a rise of ~10.5 % so far this month.

Mumbai

• Today, the silver rate is also around ₹ 168 per gram and ~₹ 1,68,000 per kg.
• For 10 g: ~₹ 1,680. 100 g: ~₹ 16,800.
• Trend: Similar to Delhi, prices are up in November; 1 Nov rate ~₹ 1,52,000/kg; today ~₹ 1,68,000/kg (rise ~10.5 %).

Kolkata

• According to one source, the 1 kg rate is ~₹ 1,68,000.
• Earlier in the month similar rising trends were noted.

What’s Driving the Silver Rates?

Several factors are influencing these price movements:

• Global silver prices & futures: India’s local silver rates are heavily influenced by international silver prices, and also by the USD/INR exchange rate.
• Rupee depreciation: If the rupee weakens against the dollar, imported metals like silver cost more in INR, pushing domestic prices up.
• Domestic demand and supply: India has robust demand for silver in jewellery, investment, utensils, etc., which influences sentiment and premiums. For example, festival seasons often boost demand.
• Historical trend: From earlier months to now, rates have been rising steadily. For example in Delhi from ~₹ 99,900/kg in June to ~₹ 1,68,000/kg now.

Key Considerations for Buyers / Investors

• Timing matters: If you’re buying for jewellery or investment, buying when rates dip slightly or before expected demand surges (festival or wedding season) may help.
• City-to-city variation: Although rates are similar across major metros today, local premiums, taxes, purity and making charges can vary, so always check the local dealer’s rate.
• Purity & grade: Rates often quoted are for standard purity (e.g., 999 fine). Lower purity items cost less but also carry less intrinsic metal value.
• Investment vs usage: Are you buying for use (jewellery/ornaments) or purely as investment (coins/bars)? If for investment, consider storage, authenticity, buy-sell spreads.
• Global cues & currency watch: Keep an eye on international silver price movements and the rupee exchange rate. Shifts can affect local prices quickly.
• Taxation & charges: In India, making charges, GST, and other local levies add to the cost of silver jewellery/ornaments—less so if buying bullion/bars.

Summary

• Today’s silver rate in Delhi & Mumbai is approx ₹ 168 per gram or ₹ 1,68,000 per kg.
• Kolkata shows similar levels (~₹ 1,68,000/kg) per available data.
• The price has risen ~10 % from the start of the month in major metros.
• The rise is driven by global metal price trends + currency movement + domestic demand.