Today Silver Price City Wise Per Gram, KG

Current Rates

  • The pan-India average silver price is around ₹ 167 per gram which translates to ₹ 1,67,000 per kilogram.
  • City-wise rates for 10 g / 100 g / 1 kg in some major cities are:
City10g100g1Kg
Chennai₹ 1,740₹ 17,400₹ 1,74,000
Mumbai₹ 1,670₹ 16,700₹ 1,67,000
Delhi₹ 1,670₹ 16,700₹ 1,67,000
Kolkata₹ 1,670₹ 16,700₹ 1,67,000
Bengaluru₹ 1,670₹ 16,700₹ 1,67,000
Hyderabad₹ 1,740₹ 17,400₹ 1,74,000

In another source for Hyderabad specifically: Silver is about ₹ 171 per gram, i.e. ₹ 1,71,000 per kilogram.

What Influences These Rates?

  1. International metal price & dollar movements
    The price of silver in global markets and the strength/weakness of the Indian rupee vs the US dollar play a big role. If the rupee weakens and global silver price stays the same (in USD), domestic INR-price goes up.
  2. City/local taxes, logistics, and purity considerations
    Though the basic “spot” rate is similar, different cities may reflect slight differences due to local transport costs, taxes, dealer margins, and the purity grade of silver being traded.
  3. Local demand & event/seasonal effects
    In cities where jewellery buying is heavy (festivals, weddings) or industrial demand is higher, local price may see extra premium. Sometimes supply issues in a region can push up rate more.
  4. Purity of the silver
    Rates quoted are often for 999-fine silver bullion (99.9% purity) in many index sources; jewellery grade or lower purities may cost differently.

Recent Trend & Outlook

  • Over the month of November 2025, the 1 kg rate in India moved from around ₹ 1,63,000 up to around ₹ 1,67,000.
  • The trend is generally upward in recent months (for example earlier in August/September there were larger jumps). This reflects increasing demand and possibly supply constraints.
  • While city-wise variations exist, for most major cities the difference is only in the thousands of rupees at kg level (which is small as % of total).
  • If you’re planning to buy or sell silver, it’s wise to check with local dealers (as physical delivery, handling, purity, making/handling margin matter) and not just rely on pan-India quoted rates.

What To Keep In Mind If You Are Buying/Selling

  • Always verify the purity (look for hallmark/assay) and ensure you are comparing like-for-like (e.g., 999 fine vs jewellery grade).
  • Understand any additional costs: delivery, transport, insurance, local taxes etc.
  • Because prices fluctuate daily (and sometimes intra-day), lock-in rates only when sure.
  • If you’re buying large quantities (e.g., kilograms), consider the storage, security costs and liquidity (how easily you can sell later).
  • Keep an eye on global signals (silver futures, USD index) plus local demand cycles (festivals, weddings) that might cause sudden jumps.

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