Today Silver Price in India Kolkata, Delhi, Mumbai, Chennai

Silver Price in India Today

Overall National Trend

Silver prices in India have shown movement influenced by global metal markets, the INR-USD exchange rate, and local demand.

City	10 g Price	100 g Price	1 kg Price
New Delhi	₹2,103.89	₹21,038.89	₹210,389
Mumbai	₹2,097.77	₹20,977.73	₹209,777
Kolkata	₹2,071.27	₹20,712.71	₹207,127
Chennai	₹2,008.07	₹20,080.72	₹200,807

These city-wise figures represent the updated silver rates per 10 grams, 100 grams, and 1 kilogram — the most common ways silver is traded for investment and jewelry purchases.

City-Wise Breakdown

Delhi

• 10 g Silver: ~₹2,103.89
• 100 g Silver: ~₹21,038.89
• 1 kg Silver: ~₹210,389
  Today Silver Rate in Delhi remains strong, trading near similar levels to other metros due to urban demand and active bullion trading markets.

Mumbai

• 10 g Silver: ~₹2,097.77
• 100 g Silver: ~₹20,977.73
• 1 kg Silver: ~₹209,777
  Today Silver Rate in Mumbai consistently shows high bullion prices due to large jeweler networks and industrial demand.

Kolkata

• 10 g Silver: ~₹2,071.27
• 100 g Silver: ~₹20,712.71
• 1 kg Silver: ~₹207,127
  Today Silver Rate in Kolkata are slightly lower than Delhi/Mumbai but still robust — reflecting regional demand and logistics costs.

Chennai

• 10 g Silver: ~₹2,008.07
• 100 g Silver: ~₹20,080.72
• 1 kg Silver: ~₹200,807
  Today Silver Rate in Chennai typically records slightly lower spot rates compared to northern/central markets — this reflects local supply dynamics and state taxation structures.

Understanding the Figures

• Why rates differ across cities
  • Taxes (GST differences in effective cost)
  • Local demand from jewelry markets
  • Logistics and supply chain costs
• Units explained
  • 10 g: Common for small buyers/retail silver bars
  • 100 g: Mid-range investment quantity
  • 1 kg: Large investment/trade unit

Silver Prices in India

Silver prices don’t move in isolation — several factors influence the day’s rate:

• Global silver bullion trends – Prices on international exchanges (like COMEX and LME) feed into domestic rates.
• Rupee-Dollar exchange rate – A weaker rupee makes imports costlier, raising local prices.
• Industrial demand – Silver is used in electronics, solar panels, medical instruments — rising industrial consumption can push prices up.
• Festive seasons – Increased jewelry purchases during festivals can raise retail premiums.
• Government & sector policy – Import duties, GST changes, and bullion market rules can all affect pricing.
• Together, these drive day-to-day variability in silver rates.

Price Trend

While today’s figures are strong, a look back at recent days shows silver has seen fluctuations — sometimes dipping a little before rising again — influenced by global commodity markets and local demand cycles.

Tips Before Buying

• Always compare city-wise rates from reliable sources.
• Understand making charges and GST that add to the final jewelry cost.
• For investment purposes (bars/coins), prioritize purity, certification, and dealer reputation.