Silver Price Today in India – Live Rates

Silver – Market Overview

Real-time silver pricing across Indian cities

Silver Price Today in India – Live Rates & Market Insights

The silver price in India today is 2,38,358.49 per kilogram.

MetalView provides accurate silver prices in India across major cities. Prices are updated in real-time from trusted sources.

Read our silver investment guide for context on rates and trends.

What Today's Silver Rate Means in Mumbai

Current benchmark

Silver is currently quoted around ₹2,38,358.49 per kilogram for Mumbai. Use that as a benchmark before comparing any dealer or platform quote.

Trend context

The latest recorded rate is above the recent 7-day reference and above the oldest visible point in this history set, which helps separate a short-term move from a broader trend.

Decision use

Use this hub page when you want a national benchmark plus city-switching convenience. For final decision support, compare the matching city route, purity or unit, and the full billed quote.

How to Read Silver Prices in India

Silver in India sits between jewellery retail, household savings habits, and industrial demand. The live rate on this page is commonly shown per kilogram, with gram conversions for smaller purchases. As with gold, the benchmark is a market reference—not a promise that every jeweller or dealer will match it line-for-line.

Why silver has two personalities

Silver is unusual because it is both a precious metal and an industrial input. A large share of global silver demand comes from industry—solar panels, electronics, and electrical contacts—alongside its role in coins, bars, and jewellery. That dual identity is why silver often moves more sharply than gold: it reacts to investment sentiment and to the manufacturing cycle at the same time.

For an Indian buyer, the practical takeaway is that silver’s day-to-day swings can be wider in percentage terms. A move that would be dramatic for gold can be an ordinary session for silver, so context from the history table matters more here.

Per-kilogram quotes and smaller buys

Many Indian silver references use ₹ per kilogram because wholesale and investment conversations happen at that scale. Jewellery and small gifts are still sold by gram or by piece. Convert carefully, and ask the seller which unit their board rate uses before you multiply.

Silver jewellery and articles often include making charges and design premiums that dwarf tiny day-to-day moves in the metal rate. For gift purchases such as utensils or idols, craftsmanship and finish can matter more than chasing the last ₹50 on the kilogram quote.

The gold-to-silver ratio as a sense check

Long-term investors often watch the gold-to-silver ratio—how many grams of silver equal one gram of gold in price. It is not a timing signal on its own, but an unusually high or low ratio is a prompt to ask whether silver looks cheap or expensive relative to gold rather than in isolation.

You do not need to trade on the ratio to benefit from it. Simply knowing roughly where it sits helps you frame whether today’s silver rate is a routine level or a stretched one.

Jewellery versus investment framing

If you are buying silver for adornment or gifting, evaluate purity marks, workmanship, and return policies the way you would for any retail product. If you are buying for metal exposure, prefer transparent weight, purity, and buy-back terms, and be sceptical of ornate pieces sold primarily as “investments.”

Bars and standard coins keep you closest to the metal value; heavily worked articles carry a premium you are unlikely to recover on resale. Decide which goal you are optimising for before you walk in.

Practical checks before purchase

Ask for purity, weight, making charges, taxes, and whether the quoted rate already includes any premium. Keep invoices. For larger bars or coins, confirm authenticity practices and storage plans. MetalView’s silver guides expand on investment framing; this hub keeps the live rate and recent trend in one place.

Silver Prices

in Mumbai

Silver

Pure

99.9% Pure Silver

1 Gram

₹238.36

1 Kilogram

₹2,38,358.49

24h Change

+0.76%

Silver Price History

Silver Price History

Historical Silver prices with daily changes

DatePriceChange%
New17 Aug
₹2,365.62
16 Aug
₹2,365.62
15 Aug
₹2,361.26
14 Aug
₹2,382.98
13 Aug
₹2,358.72
12 Aug
₹2,372.39
11 Aug
₹2,319.00
10 Aug
₹2,315.81
9 Aug
₹2,315.81
8 Aug
₹2,261.23
Latest price
Price increase
Price decrease

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Explore Silver by Intent

Move between live rates, in-depth guides, and editorial explainers depending on whether you are comparing a quote, researching a purchase, or tracking the broader market.

Why This Page Exists

Publisher purpose

This is a benchmark page meant to help readers interpret silver rates in India with city context, trend history, and supporting explainers.

Human review signals

We pair live price data with guides, FAQs, methodology notes, and a visible contact route so readers can understand how the benchmark should be used.

Trust pages

Review our Editorial Policy, Methodology, and Contact page for more detail.

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Frequently Asked Questions About Silver

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How MetalView Sources Silver Prices

Primary source

Silver prices on this page are pulled from licensed city-level market feeds and normalized for MetalView's city and history views.

Update cadence

We refresh benchmark data regularly and show a visible last-updated timestamp so readers can judge freshness before relying on a quoted rate.

What to verify

Always confirm purity, unit size, taxes, fabrication or making charges, and availability with the seller. See our About page for methodology.

For deeper explainers on purity, investment use cases, and city-wise comparisons, browse Guides & Resources.