Silver Price Today in India Last Updated : 05 Oct 2022

  • Silver Price In Indian Cities

    City Silver (1 gram) Bar Silver (1 Kg)
    ADILABAD ₹ 67 ₹ 67,000
    AGARTALA ₹ 67 ₹ 67,000
    AGRA ₹ 67 ₹ 67,000
    AHMEDABAD ₹ 67 ₹ 67,000
    AHMEDNAGAR ₹ 67 ₹ 67,000
    AIZAWL ₹ 67 ₹ 67,000
    AJMER ₹ 67 ₹ 67,000
    AKOLA ₹ 67 ₹ 67,000
    ALIGARH ₹ 67 ₹ 67,000
    ALLAHABAD ₹ 67 ₹ 67,000
    ALWAR ₹ 67 ₹ 67,000
    AMALAPURAM ₹ 67 ₹ 67,000
    AMBALA ₹ 67 ₹ 67,000
    AMBIKAPUR ₹ 67 ₹ 67,000
    AMRAVATI ₹ 67 ₹ 67,000
    AMRITSAR ₹ 67 ₹ 67,000
    ANAND ₹ 67 ₹ 67,000
    ANANTAPUR ₹ 67 ₹ 67,000
    ASANSOL ₹ 67 ₹ 67,000
    AURANGABAD ₹ 67 ₹ 67,000
    BAHADURGARH ₹ 67 ₹ 67,000
    BAHRAICH ₹ 67 ₹ 67,000
    BALANGIR ₹ 67 ₹ 67,000
    BALASORE ₹ 67 ₹ 67,000
    BALLARI ₹ 67 ₹ 67,000
    BANGALORE ₹ 67 ₹ 67,000
    BANKURA ₹ 67 ₹ 67,000
    BAREILLY ₹ 67 ₹ 67,000
    BARIPADA ₹ 67 ₹ 67,000
    BATHINDA ₹ 67 ₹ 67,000
    BELGAUM ₹ 67 ₹ 67,000
    BERHAMPUR ₹ 67 ₹ 67,000
    BHADRAK ₹ 67 ₹ 67,000
    BHAGALPUR ₹ 67 ₹ 67,000
    BHARUCH ₹ 67 ₹ 67,000
    BHAVNAGAR ₹ 67 ₹ 67,000
    BHILAI ₹ 67 ₹ 67,000
    BHILWARA ₹ 67 ₹ 67,000
    BHIMAVARAM ₹ 67 ₹ 67,000
    BHIWANDI ₹ 67 ₹ 67,000
    BHIWANI ₹ 67 ₹ 67,000
    BHOPAL ₹ 67 ₹ 67,000
    BHUBANESHWAR ₹ 67 ₹ 67,000
    BHUJ ₹ 67 ₹ 67,000
    BIDAR ₹ 67 ₹ 67,000
    BIKANER ₹ 67 ₹ 67,000
    BILASPUR ₹ 67 ₹ 67,000
    BOKARO ₹ 67 ₹ 67,000
    BULANDSHAHR ₹ 67 ₹ 67,000
    CHANDIGARH ₹ 67 ₹ 67,000
    CHANDRAPUR ₹ 67 ₹ 67,000
    CHENNAI ₹ 67 ₹ 67,000
    CHIRALA ₹ 67 ₹ 67,000
    CHITRADURGA ₹ 67 ₹ 67,000
    CHITTOOR ₹ 67 ₹ 67,000
    COIMBATORE ₹ 67 ₹ 67,000
    COOCH BEHAR ₹ 67 ₹ 67,000
    CUDDALORE ₹ 67 ₹ 67,000
    CUTTACK ₹ 67 ₹ 67,000
    DARBHANGA ₹ 67 ₹ 67,000
    DARJEELING ₹ 67 ₹ 67,000
    DAVANGERE ₹ 67 ₹ 67,000
    DEHRADUN ₹ 67 ₹ 67,000
    DEWAS ₹ 67 ₹ 67,000
    DHANBAD ₹ 67 ₹ 67,000
    DHARMAVARAM ₹ 67 ₹ 67,000
    DHULE ₹ 67 ₹ 67,000
    DIBRUGARH ₹ 67 ₹ 67,000
    DINDIGUL ₹ 67 ₹ 67,000
    DISABLEDSONIPAT ₹ 67 ₹ 67,000
    DISABLEDYAMUNAGAR ₹ 67 ₹ 67,000
    DISPUR ₹ 67 ₹ 67,000
    DURGAPUR ₹ 67 ₹ 67,000
    ELURU ₹ 67 ₹ 67,000
    ERODE ₹ 67 ₹ 67,000
    FARIDABAD ₹ 67 ₹ 67,000
    FARRUKHABAD ₹ 67 ₹ 67,000
    GANDHIDHAM ₹ 67 ₹ 67,000
    GANDHINAGAR ₹ 67 ₹ 67,000
    GANGTOK ₹ 67 ₹ 67,000
    GAYA ₹ 67 ₹ 67,000
    GHAZIABAD ₹ 67 ₹ 67,000
    GORAKHPUR ₹ 67 ₹ 67,000
    GUNTAKAL ₹ 67 ₹ 67,000
    GUNTUR ₹ 67 ₹ 67,000
    GURGAON ₹ 67 ₹ 67,000
    GUWAHATI ₹ 67 ₹ 67,000
    GWALIOR ₹ 67 ₹ 67,000
    HALDWANI ₹ 67 ₹ 67,000
    HARIDWAR ₹ 67 ₹ 67,000
    HASSAN ₹ 67 ₹ 67,000
    HISAR ₹ 67 ₹ 67,000
    HOSHIARPUR ₹ 67 ₹ 67,000
    HOSUR ₹ 67 ₹ 67,000
    HOWRAH ₹ 67 ₹ 67,000
    HUBLI ₹ 67 ₹ 67,000
    HYDERABAD ₹ 67 ₹ 67,000
    IMPHAL ₹ 67 ₹ 67,000
    INDORE ₹ 67 ₹ 67,000
    ITANAGAR ₹ 67 ₹ 67,000
    JABALPUR ₹ 67 ₹ 67,000
    JAIPUR ₹ 67 ₹ 67,000
    JALANDHAR ₹ 67 ₹ 67,000
    JALGAON ₹ 67 ₹ 67,000
    JALPAIGURI ₹ 67 ₹ 67,000
    JAMMU ₹ 67 ₹ 67,000
    JAMNAGAR ₹ 67 ₹ 67,000
    JAMSHEDPUR ₹ 67 ₹ 67,000
    JAUNPUR ₹ 67 ₹ 67,000
    JHANSI ₹ 67 ₹ 67,000
    JIND ₹ 67 ₹ 67,000
    JODHPUR ₹ 67 ₹ 67,000
    JORHAT ₹ 67 ₹ 67,000
    KADAPA ₹ 67 ₹ 67,000
    KAITHAL ₹ 67 ₹ 67,000
    KAKINADA ₹ 67 ₹ 67,000
    KALABURAGI ₹ 67 ₹ 67,000
    KANCHIPURAM ₹ 67 ₹ 67,000
    KANNUR ₹ 67 ₹ 67,000
    KANPUR ₹ 67 ₹ 67,000
    KARAIKUDI ₹ 67 ₹ 67,000
    KARIMNAGAR ₹ 67 ₹ 67,000
    KARNAL ₹ 67 ₹ 67,000
    KARUR ₹ 67 ₹ 67,000
    KAVARATTI ₹ 67 ₹ 67,000
    KHAMMAM ₹ 67 ₹ 67,000
    KHARAGPUR ₹ 67 ₹ 67,000
    KOCHI ₹ 67 ₹ 67,000
    KOHIMA ₹ 67 ₹ 67,000
    KOLHAPUR ₹ 67 ₹ 67,000
    KOLKATA ₹ 67 ₹ 67,000
    KOLLAM ₹ 67 ₹ 67,000
    KORBA ₹ 67 ₹ 67,000
    KOTA ₹ 67 ₹ 67,000
    KOZHIKODE ₹ 67 ₹ 67,000
    KRISHNAGIRI ₹ 67 ₹ 67,000
    KUMBAKONAM ₹ 67 ₹ 67,000
    KURNOOL ₹ 67 ₹ 67,000
    LATUR ₹ 67 ₹ 67,000
    LUCKNOW ₹ 67 ₹ 67,000
    LUDHIANA ₹ 67 ₹ 67,000
    MACHILIPATNAM ₹ 67 ₹ 67,000
    MADURAI ₹ 67 ₹ 67,000
    MALAPPURAM ₹ 67 ₹ 67,000
    MANDSAUR ₹ 67 ₹ 67,000
    MANDYA ₹ 67 ₹ 67,000
    MANGALORE ₹ 67 ₹ 67,000
    MEERUT ₹ 67 ₹ 67,000
    MIRYALAGUDA ₹ 67 ₹ 67,000
    MOHALI ₹ 67 ₹ 67,000
    MORADABAD ₹ 67 ₹ 67,000
    MUMBAI ₹ 67 ₹ 67,000
    MUZAFFARNAGAR ₹ 67 ₹ 67,000
    MUZAFFARPUR ₹ 67 ₹ 67,000
    MYSORE ₹ 67 ₹ 67,000
    NADIAD ₹ 67 ₹ 67,000
    NAGAPATTINAM ₹ 67 ₹ 67,000
    NAGERCOIL ₹ 67 ₹ 67,000
    NAGPUR ₹ 67 ₹ 67,000
    NALGONDA ₹ 67 ₹ 67,000
    NAMAKKAL ₹ 67 ₹ 67,000
    NANDED ₹ 67 ₹ 67,000
    NANDYAL ₹ 67 ₹ 67,000
    NASIK ₹ 67 ₹ 67,000
    NELLORE ₹ 67 ₹ 67,000
    NEW DELHI ₹ 67 ₹ 67,000
    NIZAMABAD ₹ 67 ₹ 67,000
    NOIDA ₹ 67 ₹ 67,000
    ONGOLE ₹ 67 ₹ 67,000
    PALANPUR ₹ 67 ₹ 67,000
    PALWAL ₹ 67 ₹ 67,000
    PANAJI ₹ 67 ₹ 67,000
    PANCHKULA ₹ 67 ₹ 67,000
    PANIPAT ₹ 67 ₹ 67,000
    PANVEL ₹ 67 ₹ 67,000
    PATAN ₹ 67 ₹ 67,000
    PATIALA ₹ 67 ₹ 67,000
    PATNA ₹ 67 ₹ 67,000
    POLLACHI ₹ 67 ₹ 67,000
    PONDICHERRY ₹ 67 ₹ 67,000
    PORT BLAIR ₹ 67 ₹ 67,000
    PRODDATUR ₹ 67 ₹ 67,000
    PUDUKKOTTAI ₹ 67 ₹ 67,000
    PUNDRI ₹ 67 ₹ 67,000
    PUNE ₹ 67 ₹ 67,000
    PURI ₹ 67 ₹ 67,000
    PURULIA ₹ 67 ₹ 67,000
    RAEBARELI ₹ 67 ₹ 67,000
    RAICHUR ₹ 67 ₹ 67,000
    RAIGANJ ₹ 67 ₹ 67,000
    RAIGARH ₹ 67 ₹ 67,000
    RAIPUR ₹ 67 ₹ 67,000
    RAJAHMUNDRY ₹ 67 ₹ 67,000
    RAJKOT ₹ 67 ₹ 67,000
    RAJNANDGAON ₹ 67 ₹ 67,000
    RAMANATHAPURAM ₹ 67 ₹ 67,000
    RANCHI ₹ 67 ₹ 67,000
    RATLAM ₹ 67 ₹ 67,000
    RATNAGIRI ₹ 67 ₹ 67,000
    REWA ₹ 67 ₹ 67,000
    REWARI ₹ 67 ₹ 67,000
    ROHTAK ₹ 67 ₹ 67,000
    ROORKEE ₹ 67 ₹ 67,000
    ROURKELA ₹ 67 ₹ 67,000
    SAGAR ₹ 67 ₹ 67,000
    SAHARANPUR ₹ 67 ₹ 67,000
    SALEM ₹ 67 ₹ 67,000
    SAMBALPUR ₹ 67 ₹ 67,000
    SANGLI ₹ 67 ₹ 67,000
    SATARA ₹ 67 ₹ 67,000
    SATNA ₹ 67 ₹ 67,000
    SHILLONG ₹ 67 ₹ 67,000
    SHIMLA ₹ 67 ₹ 67,000
    SHIMOGA ₹ 67 ₹ 67,000
    SIDDIPET ₹ 67 ₹ 67,000
    SIKAR ₹ 67 ₹ 67,000
    SILCHAR ₹ 67 ₹ 67,000
    SILIGURI ₹ 67 ₹ 67,000
    SIRSA ₹ 67 ₹ 67,000
    SIVAKASI ₹ 67 ₹ 67,000
    SOLAPUR ₹ 67 ₹ 67,000
    SRI GANGANAGAR ₹ 67 ₹ 67,000
    SRIKAKULAM ₹ 67 ₹ 67,000
    SRINAGAR ₹ 67 ₹ 67,000
    SURAT ₹ 67 ₹ 67,000
    SURYAPET ₹ 67 ₹ 67,000
    TADEPALLIGUDEM ₹ 67 ₹ 67,000
    TENALI ₹ 67 ₹ 67,000
    TENKASI ₹ 67 ₹ 67,000
    THANE ₹ 67 ₹ 67,000
    THANJAVUR ₹ 67 ₹ 67,000
    THENI ₹ 67 ₹ 67,000
    THIRUVANANTHAPURAM ₹ 67 ₹ 67,000
    THOOTHUKUDI ₹ 67 ₹ 67,000
    THRISSUR ₹ 67 ₹ 67,000
    TIRUCHIRAPALLI ₹ 67 ₹ 67,000
    TIRUNELVELI ₹ 67 ₹ 67,000
    TIRUPATI ₹ 67 ₹ 67,000
    TIRUPATTUR ₹ 67 ₹ 67,000
    TIRUVANNAMALAI ₹ 67 ₹ 67,000
    TUMAKURU ₹ 67 ₹ 67,000
    UDAIPUR ₹ 67 ₹ 67,000
    UDUPI ₹ 67 ₹ 67,000
    UJJAIN ₹ 67 ₹ 67,000
    VADODARA ₹ 67 ₹ 67,000
    VANIYAMBADI ₹ 67 ₹ 67,000
    VARANASI ₹ 67 ₹ 67,000
    VELLORE ₹ 67 ₹ 67,000
    VIJAYAPURA ₹ 67 ₹ 67,000
    VIJAYAWADA ₹ 67 ₹ 67,000
    VISAKHAPATNAM ₹ 67 ₹ 67,000
    VIZIANAGARAM ₹ 67 ₹ 67,000
    WARANGAL ₹ 67 ₹ 67,000

    *Disclaimer: Bankbazaar makes no guarantee or warranty on the accuracy of the data provided on this site, the prevailing rates are susceptible to change with Market value and provided on an as-is basis. Nothing contained herein is intended or shall be deemed to be investment advice, implied or otherwise. We accept no liability for any loss arising from the use of the data contained on this website.

    Silver Rates 10 grams Silver Across Leading Cities in India

    Here are the latest Silver rates across some of the popular cities in India:

    Silver Price in Popular Cities in India Price per 10 grams
    Chennai Rs.611
    Hyderabad Rs.611
    Delhi Rs.549
    Mumbai Rs.549
    Bangalore Rs.611
    Kolkata Rs.549
    Vijayawada Rs.549
    Pune Rs.549
    Coimbatore Rs.549
    Ahmedabad Rs.549
    Chandigarh Rs.611
    Kochi Rs.611
    Lucknow Rs.549
    Kerala Rs.611
    Vadodara Rs.549
    Madurai Rs.611
    Patna Rs.611
    Surat Rs.549
    Bhubaneswar Rs.549
    Mangalore Rs.611
    Mysore Rs.549
    Visakhapatnam Rs.611
    Nashik Rs.611

    Today's Silver Price in India

    Silver is among the most traded commodities in the world. India is no exception and silver, along with gold, forms about 10% of all commodities imports to the country. silver rate today are directly affected by the global demand and supply scenario of the commodity. Since the 80’s, the demand for silver has outpaced its supply, with industrial demand accounting for more than half the total consumption. More than 80% of total silver production in the world is as by product of other commodities. Exclusive silver mining accounts for only 20% of the global production.

    Know - Gold Rate in India

    Historical Trend of Silver Price in India

    Months Lowest Silver Price Per Kg Highest Silver Price Per Kg
    September 2022 65,400 68,500
    August 2022 65,400 68,450
    July 2022 65,300 68,500
    June 2022 65,200 68,500
    May 2022 63,400 69,500
    April 2022 68,800 75,200
    March 2022 70,000 77,600
    February 2022 64,900 70,600
    January 2022 64,300 69,300
    December 2021 64,600 66,300
    November 2021 66,500 71,700
    October 2021 63,700 70,300
    September 2021 63,000 69,600
    August 2021 65,000 73,100
    July 2021 68,400 75,000

    Silver Rate in the Most Popular Indian Cities

    Trend of Silver Rate in India for September 2022 (rates per kg)

    Parameters Silver price (per kg)
    September 1 Rate Rs.58,000 per kg
    September 26 Rate Rs.60,700 per kg
    Highest Rate in September Rs.63,200 per kg on 23 September
    Lowest Rate in September Rs.58,000 per kg on 1 September
    Overall Performance Decline

    Trend of Silver Rate in India for August 2022 (rates per kg)

    Parameters Silver price (per kg)
    August 1 Rate Rs.63,300 per kg
    August 31 Rate Rs.60,000 per kg
    Highest Rate in August Rs.64,800 per kg on 13, 14, and 15 August
    Lowest Rate in August Rs.60,000 per kg on 31 August
    Overall Performance Decline

    Trend of Silver Rate in India for July 2022 (rates per kg)

    Parameters Silver price (per kg)
    July 1 Rate Rs.65,000 per kg
    July 31 Rate Rs.60,700 per kg
    Highest Rate in July Rs.64,700 per kg on 5 July
    Lowest Rate in July Rs.63,700 per kg on 31 July
    Overall Performance Decline

    Trend of Silver Rate in India for June 2022 (rates per kg)

    Parameters Silver price (per kg)
    June 1 Rate Rs.67,000 per kg
    June 30 Rate Rs.65,700 per kg
    Highest Rate in June Rs.68,500 per kg on 3 June
    Lowest Rate in June Rs.65,700 per kg on 25 and 26 June
    Overall Performance Decline

    June 2022 - Week 1 (1 - 6):

    • Silver opened the first week of June at Rs.67,000 per kg in India.
    • The lowest price was recorded on 1 June and 2 June when a kilo was priced at Rs.67,000.
    • Silver price in India closed the week at Rs.67,500 per kg.

    June 2022 - Week 2 (6 - 12):

    • Silver opened the month of June standing at the rate of Rs.67,000 per kg in India.
    • The price of the precious white metal witnessed an overall stability over the month. It recorded the highest price for the month on 3 June when a kilogram of silver was being sold at the rate of Rs.68,500. The lowest price was recorded on 1 and 2 June and 10 to 12 June wherein it stood at the rate of Rs.67,000 per kg.
    • In India, the second week of June closed with silver being traded at the rate of Rs.67,000 per kilogram.

    June 2022 - Week 3 (13 – 19):

    • Silver opened the third week of June at Rs.67,300 per kg in India.
    • The lowest price was recorded at Rs.66,000 on 14th, 15th, and 16th June
    • Silver price in India closed the week at Rs.66,300 per kg

    June 2022 - Week 4 (20 - 26):

    • Silver opened the month of June standing at the rate of Rs.67,000 per kg in India.
    • The price of the precious white metal witnessed an overall decline over the month. It recorded the highest price for the month on 3 June when a kilogram of silver was being sold at the rate of Rs.68,500. The lowest price was recorded on 25 and 26 June wherein it stood at the rate of Rs.65,700 per kg.
    • /

    Trend of Silver Rate in India for May 2022 (rates per kg)

    Parameters Silver price (per kg)
    May 1 Rate Rs.69,500 per kg
    May 31 Rate Rs.67,500 per kg
    Highest Rate in May Rs.69,500 per kg on 1 May
    Lowest Rate in May Rs.63,400 per kg on 13 May
    Overall Performance Decline

    May 2022 - Week 1 (1 - 8):

    • Silver opened the first week of May at Rs.69,500 per kg in India.
    • The lowest price was recorded on 4th May when a kilo was priced at Rs.67,000.
    • Silver price in India closed the week at Rs.66,800 per kg.

    May 2022 - Week 2 (9 - 15):

    • Silver opened the month of May standing at the rate of Rs.69,500 per kg in India.
    • The price of the precious white metal witnessed an overall declining trend over the month. It recorded the highest price for the month on 1 May when a kilogram of silver was being sold at the rate of Rs.69,500. The lowest price was recorded on 13 May wherein it stood at the rate of Rs.63,400 per kg.
    • In India, the second week of May closed with silver being traded at the rate of Rs.63,700 per kilogram.

    May 2022 - Week 3 (16 - 22):

    • Silver opened the third week of May at Rs.64,500 per kg in India.
    • The lowest price was recorded at Rs.65,100 on 18th and 19th May.
    • Silver price in India closed the week at Rs.65,900 per kg

    May 2022 - Week 4 (23 - 31):

    • Silver opened the month of May standing at the rate of Rs.69,500 per kg in India.
    • The price of the precious white metal witnessed an overall declining trend over the month. It recorded the highest price for the month on 1 May when a kilogram of silver was being sold at the rate of Rs.69,500. The lowest price was recorded on 13 May wherein it stood at the rate of Rs.63,400 per kg.
    • In India, the last week of May closed with silver being traded at the rate of Rs.67,500 per kilogram.

    Trend of Silver Rate in India for April 2022 (rates per kg)

    Parameters Silver price (per kg)
    April 1 Rate Rs.71,700 per kg
    April 30 Rate Rs.69,500 per kg
    Highest Rate in April Rs.75,200 per kg on 18 April
    Lowest Rate in April Rs.68,800 per kg on 28 and 29 April
    Overall Performance Decline

    April 2022 - Week 1 (1 - 10):

    • Silver opened the first week of April at Rs.71,700 per kg in India.
    • The lowest silver price was recorded on 6th April when a kilo was priced at Rs.70,600.
    • Silver price in India closed the week at Rs.71,500 per kg.

    April 2022 - Week 2 (11 - 17):

    • Silver opened the month of April standing at the rate of Rs.71,700 per kg in India.
    • The price of the precious white metal witnessed an overall inclining trend over the month. It recorded the highest price for the month on 14 and 15 April when a kilogram of silver was being sold at the rate of Rs.74,400. The lowest silver price was recorded on 6 April wherein it stood at the rate of Rs.70,800 per kg.
    • In India, the second week of April closed with silver being traded at the rate of Rs.74,200 per kilogram.

    April 2022 - Week 3 (18 - 24):

    • Silver opened the first week of April at Rs.75,200 per kg in India.
    • The lowest price was recorded on 23rd and 24th April when a kilo was priced at Rs.71,600.
    • Silver price in India closed the week at Rs.71,600 per kg.

    April 2022 - Week 4 (25 - 30):

    • Silver opened the month of April standing at the rate of Rs.71,700 per kg in India.
    • The price of the precious white metal witnessed an overall declining trend over the month. It recorded the highest price for the month on 18 April when a kilogram of gold was being sold at the rate of Rs.75,200. The lowest price was recorded on 28 and 29 April wherein it stood at the rate of Rs.68,800 per kg.
    • In India, the month of April closed with silver being traded at the rate of Rs.69,500 per kilogram.

    Trend of Silver Rate in India for March 2022 (rates per kg)

    Parameters Silver price (per kg)
    March 1 Rate Rs.70,000 per kg
    March 31 Rate Rs.71,300 per kg
    Highest Rate in March Rs.77,600 per kg on 9 March
    Lowest Rate in March Rs.70,000 per kg on 1 March
    Overall Performance Incline

    March 2022 - Week 1 (1 - 6):

    • Silver opened the first week of March at Rs.71,900 per kg in India.
    • The lowest price was recorded on 3rd and 4th March when a kilo was priced at Rs.72,500.
    • Silver price in India closed the week at Rs.73,400 per kg.

    March 2022 - Week 2 (7 - 13):

    • Silver opened the month of March standing at the rate of Rs.70,000 per kg in India.
    • The price of the precious white metal witnessed an overall inclining trend over the month. It recorded the highest silver price for the month on the 24th of March when a kilogram of silver was being sold at the rate of Rs.77,600. The lowest silver price was recorded on the 1st of March wherein it stood at the rate of Rs.70,000 per kg.
    • In India, the month of March closed with silver being traded at the rate of Rs.74,700 per kilogram.

    March 2022 - Week 3 (14 - 20):

    • Silver opened the third week of March at Rs.74,600 per kg in India.
    • The lowest price was recorded at Rs.72,300 per kg on 16th and 19th March.
    • Silver price in India closed the week at Rs.72,300 per kg.

    March 2022 - Week 4 (21 - 31):

    • Silver opened the month of March standing at the rate of Rs.70,000 per kg in India.
    • The price of the precious white metal witnessed an overall inclining trend over the month. It recorded the highest silver price for the month on the 24th of March when a kilogram of silver was being sold at the rate of Rs.77,600. The lowest silver rate was recorded on the 1st of March wherein it stood at the rate of Rs.70,000 per kg.
    • In India, the month of March closed with silver being traded at the rate of Rs.71,300 per kilogram.

    Trend of Silver Rate in India for February 2022 (rates per kg)

    Parameters Silver price (per kg)
    February 1 Rate Rs.65,300 per kg
    February 28 Rate Rs.70,100 per kg
    Highest Rate in February Rs.70,600 per kg on 24 February
    Lowest Rate in February Rs.64,900 per kg on 7 February
    Overall Performance Incline

    February 2022 - Week 1 (1 - 6):

    • Silver opened the first week of February at Rs.65,300 per kg in India.
    • The opening price of the white metal was the highest for the month of February so far. The lowest silver price was recorded on 5th and 6th February when a kilo was priced at Rs.65,000.
    • Silver price in India closed the week at Rs.65,000 per kg.

    February 2022 - Week 2 (7 - 13):

    • Silver opened the second week of February standing at the rate of Rs.65,300 per kg in India.
    • The price of the precious white metal witnessed an overall declining trend over the month. It recorded the highest price for the month on the 12th and 13th of February when a kilogram of gold was being sold at the rate of Rs.67,400. The lowest silver price was recorded on the 7th of February wherein it stood at the rate of Rs.64,900 per kg.
    • In India, the second week of February closed with silver being traded at the rate of Rs.67,400 per kilogram.

    February 2022 - Week 3 (14 - 20):

    • Silver opened the first week of February at Rs.65,300 per kg in India.
    • The opening price of the white metal was the highest for the month of February so far. The lowest silver price was recorded on 5th and 6th February when a kilo was priced at Rs.65,000.
    • Silver price in India closed the week at Rs.65,000 per kg.

    February 2022 - Week 4 (21 - 28):

    • Silver opened the month of February standing at the rate of Rs.65,300 per kg in India.
    • The price of the precious white metal witnessed an overall inclining trend over the month. It recorded the highest silver price for the month on the 24th of February when a kilogram of silver was being sold at the rate of Rs.70,600. The lowest price was recorded on the 7th of February wherein it stood at the rate of Rs.64,900 per kg.
    • In India, the month of February closed with silver being traded at the rate of Rs.70,100 per kilogram.

    Things to consider while buying silver in India:

    1. Purity of the metal - Silver metal is also hallmarked by the Bureau of Indian Standards (BIS). just like gold. The Bureau of Indian Standards states that there are four sign that can help you understand the hallmarking on silver metal: Purity grade or fineness, hallmarking centre’s identification number or mark, jeweller’s identification number or mark, and BIS logo. In case the jeweller is not providing hallmarking, you ask him to get metal hallmarked before making a purchase. Hallmarking is important because it serves as a valid proof of purity.
    1. Buy-back policy - It is generally observed that people buy new jewellery only after selling the old jewellery. That is why it is imporatant to ask the jeweller about the buy-back policy when buying new silver utensils or jewellery. Check how much money (tentatively) you will you get on selling the silver items in future.
    1. Making charges - Just like gold, making charges are also applied on silver jewellery and articles. When you buy it from a jeweller, do check for the making charges applied. Usually, a making charge of Rs.3 per gram is applied on silver articles. However, there is no upper limit.
    1. Check for content besides silver - In order to enhance the durability of silver articles, zinc or copper is commonly added to them. Moreover, silver jewellery is sometimes with gemstones. Do ask your jeweller silver weight in particular while buying articles or jewellery. Ensure that the weight of other metals or gemstones is not included by the jeweller in the weight of silver.

    Factors Affecting Silver Price in India

    Some of the factors that affect the prices of silver in India are given below

    • Import Duties - Any increase in import duty ensures that the prices of silver rise. Since large quantities of the white metal are imported, import duty plays a big role in determining silver rates in the country.
    • Oil Price Changes: Any change in oil rates will impact silver prices as well.
    • Value of the Dollar - The value of the dollar plays a huge role in determining silver prices in the country. In case the value of the dollar falls when compared to other currencies, silver prices increase. When the value of the dollar increases, silver rates fall.
    • Demand - Any increase in demand for the white metal will lead to the rise in prices.
    • Reasons to Invest in Silver

      Some of the main advantages of investing in silver are mentioned below:

      • Liquidity - Conversion of silver into money is easy in the case of any emergencies. The value of the white metal usually does not fall even if the value of the currency falls.
      • Storage - Unlike gold, silver can be stored easily. Trading of several e-silver products can be done on NESL.
      • Bank Account Not Needed: Investment in silver is possible without having a bank account.
      • Easily Purchasable: Silver can be acquired easily and it is cheaper when compared to the yellow metal.

      Silver – Uses

      Some of the main uses of silver are mentioned below:

      • Silver ornaments are famous. Silver can be used to make pennants, earrings, watches, necklaces, rings, etc.
      • Since the reflectivity of silver is high, the metal is used in mirrors.
      • Colour film photography.
      • Radiology.
      • Anti-infective medicine.

    FAQs on Silver Rate in India

    1. Why is the silver rate increasing?
    2. The rising market volatility and the weakened currency markets, especially the Dollar, are attributed to the rise in the silver rate.

    3. Why are silver coins/bars considered a good investment option?
    4. Given the current monetary policies that are pushing down the value of currencies the world over, investing in silver will give you strong returns. Silver coins, usually sold by government mints, can be verified and liquidated quickly if the need arises.Silver bars have the lowest premium over the spot price and are also easy to carry and transport, making it a good idea of you’re looking at building your portfolio quickly.

    5. Where can silver bars be bought in India?
    6. If you’re looking at investing in silver, you can buy silver bars from public as well as private sector banks. You can also choose to buy silver bars from jewellers.

    7. What are the advantages of buying silver coins from a bank?
    8. Buying silver coins from a bank assures you of the quality and authenticity of the silver. Each silver purchase from a bank comes with a quality certificate. The bank would sell the silver to you at the prevalent market rate, reducing the chance of you paying too much for the silver.

    9. What is the best silver bullion to buy?
    10. While there is no ‘best silver’ to buy, there are certain advantages to buying silver coins. They are easy to transport and liquidate, making them a good investment. They are also easy to collect compared to silver bars, and junk silver coins can be bought at below the spot price.

    11. What is hallmarking?
    12. Hallmarking is the process of officially recording and determining the precious metal content in gold or silver articles. It is used as a guarantee of purity of the metal article and is universally accepted in many countries.

    13. What are the benefits of buying hallmarked bullion?
    14. Buying hallmarked bullion assures the customer that the article being bought is genuine and is of a specific purity and grade.

    15. Is investing in silver stocks a better idea than investing in the metal?
    16. Silver stocks are dependent on the silver mining business, whereas silver bullion is dictated purely based on market demand and is considered a better investment option than silver stocks.

    17. How liquid is bulk silver and will the dealer buy it back from me?
    18. Silver coins will usually be bought back in bulk, with the dealer exchanging your silver for regular currency. However the rate at which the silver is bought back would depend on the prevailing market conditions.

    19. When is the best time to buy silver?
    20. While most investors generally buy silver when the financial markets and economy are experiencing a downturn, this is one of the worst times to buy since bullion prices are always higher given the uncertainty of currency and stocks. The best time to buy would be when markets are somewhat stable, resulting in the rate being relatively low.

    21. Will the bank levy a charge or premium if I buy silver from them?
    22. Yes, most banks will levy a premium on bullion sold by them, which would depend on the market scenario at the time. Buying from a bank is generally a safer options since this bullion comes with a quality certificate and is guaranteed by the bank and an external agency.

    23. Will I have to pay tax on my silver purchase?
    24. You will be charged VAT (value Added tax) on your bullion purchase at the time of purchase. If you have bought silver bullion above Rs. 5 lakh in cash, you will be required to pay tax of 1% at source (at the time of purchase).

    25. Where can I sell my silver bullion in India?
    26. You can sell bullion (in the form of coins and bars) to authorised bullion dealers. Banks are not allowed to buy back bullion sold by them.

    News on India Silver Rate

    • Silver rates live reduced by Rs.400 on 30 September 2022

      The silver prices reduced by Rs.400 and are now currently trading at Rs.55,000 per kg. A kg of silver in Mumbai, Kolkata, and Delhi costs Rs.55,000. On the other hand, silver prices in Hyderabad, Bengaluru, and Chennai cost Rs.60,000 per kg.

      30 September 2022

    • Silver prices remain flat on 28 September2022

      On the second day of Navratri 2022, the price of silver remains unchanged. Silver rose by Rs.224 to Rs.56,514 per kg, up from Rs.56,290 per kg in the previous trade. Silver is trading at Rs.55,440 per kg on MCX.

      28 September 2022

    • Silver prices remain constant in India on 21 September

      On 21 September 2022, silver prices in India remain flat at Rs.56,700 per kilogram on. A strong dollar ensured that the prices of the white metal declined. In the international market, white metal cost $19.48 per ounce.

      21 September 2022

    • Price of Silver on 14 September 2022

      The price of silver has increased by Rs.1,800, with the metal trading at Rs.57,000 on 14 September 2022. In Mumbai, Delhi, and Kolkata, 1 kg of silver cost Rs.57,000. In Hyderabad, Bengaluru, and Chennai, a kilogram of silver costs Rs.62,400.

      14 September 2022

    • Silver rates rise today by Rs.680 per kg on 7 September 2022

      Silver is to trade at Rs.53,900 per kg today after a hike of Rs.680. The price of silver in major cities in India- Delhi, Mumbai, and Kolkata is Rs.53,900. Chennai, Bengaluru, Kerala, and Hyderabad are trading silver at a much higher rate today at Rs.59,000 per kilo. The price of spot silver is recorded at $17.95 per ounce, which dropped by 1.2%.

      7 September 2022

    • Silver Price on 5 September 2022

      On 5 September 2022, a kilogram of silver went up in price and sold for Rs.53,220. A kg of silver cost Rs.53,220 on 5 September 2022 in the majority of major cities, including Mumbai, Delhi, Kolkata, and Pune, with the exception of Bengaluru, Chennai, and Hyderabad, where it cost Rs.58,200 per kg.

      5 September 2022

    • Silver prices declined on 1 September 2022

      On the Multi Commodity Exchange (MCX), the silver futures were down 0.5% to Rs.54,988 per kg. Spot silver fell 0.4% to $18.66 per ounce in the global markets.

      1 September 2022

    • Silver Prices on 30 August 2022

      The price of silver futures fell 0.5% to Rs.54,988 per kg. In international markets, spot silver decreased 0.4% to $18.66 per ounce.

      30 August 2022

    • Silver rates dip in India on 29 August 2022

      When compared to the trading price on 28 August 2022, silver prices dipped in India on 29 August 2022. In the national capital, the prices for a kg of silver are Rs.54,000. Silver prices in Delhi, Mumbai, Kolkata, Lucknow, Jaipur, Ahmedabad, Surat, and Patna are Rs.54,000 for a kg. In Bengaluru and Chennai, the prices of silver are Rs.60,700 per kg.

      29 August 2022

    • Silver prices increase by Rs.100 on 25 August 2022

      On Thursday, silver prices jumped by Rs.100 to Rs.55,000 per kg in India. Spot silver fell 0.2% to $19.13 per ounce. In Delhi, Mumbai, and Kolkata, silver is priced at Rs.55,000 per kg. A kg of silver is being traded at Rs.60,900 in Bengaluru, Kerala, Chennai, and Hyderabad.

      25 August 2022

    • The price of silver rises on 24 August 2022

      The cost of silver surged to Rs.55,000. It must be noted that the changes in the price of silver in global markets determine its rate in the Indian market.

      24 August 2022

    • Silver prices decline by Rs.400 per kg

      The price of silver fell by Rs.400 to Rs.55,200 per kg on 23 August 2022. Spot silver increased by 0.2% to $19.064 per ounce. A kg of silver is trading at Rs.61,100 in Bengaluru, Kerala, Chennai, and Hyderabad. Silver prices in Delhi, Kolkata, and Mumbai are at Rs.55,200 per kg.

      23 August 2022

    • Silver Prices on 22 August 2022

      The price of silver on Monday, 22 August 2022 has decreased. The price of a kilogram of silver was recorded at Rs.55,200 on 22 August 2022. This price was recorded in major cities like Delhi, Mumbai, Pune, and Kolkata. In cities like Chennai, Hyderabad, and Bengaluru, the price recorded of a kilo of silver was Rs.61,000 per kg.

      22 August 2022

    • Silver prices fall in India on 19 August 2022

      The price of silver decreased to Rs.57,600. The price of silver depends on the price of the metal in global markets.

      19 August 2022

    • Silver Prices on 18 August 2022

      The price of silver decreased on Wednesday, 18 August 2022 as investors awaited the much-anticipated US Fed meeting minutes for clues about potential interest rate increases amid concerns about inflation. At Rs.57,563 per kg, silver futures prices fell 0.18%, or Rs.102.

      19 August 2022

    • Silver price on Monday

      Silver futures in Multi Commodity Exchange (MCX) increased on Monday and was trading at Rs.58,207 per kg down 163 points or 0.28%

      02 August 2022

    • Silver prices jump by Rs.1,610 per kg

      On 29 July, the price of silver jumped by Rs.1,610 to Rs.58,387 per kg in Delhi. In the previous trade, silver was priced at Rs.56,777 per kg. In the international market, silver was trading flat at $20.10 per ounce while gold was sold at $1,762 per ounce.

      30 July 2022

    • Silver prices fall in India on 27 July 2022

      On 27 July 2022, silver prices in India fell by Rs.400 and were selling at Rs.54,500 for a kg. In the international markets, the prices of spot silver jumped by 0.4% and were selling at Rs.18.68 for an ounce. The prices of silver in Kolkata, Delhi, and Mumbai are Rs.54,500 per kg, while in Hyderabad, Bengaluru, and Chennai, the prices are Rs.60,800 for a kg.

      28 July 2022

    • Silver prices have fallen by Rs.1,331 per kg

      On Monday, according to HDFC Securities, gold prices fell marginally to Rs.51,145 per 10 gram while silver prices fell by Rs.1,331 per kg on Monday in Delhi. The previous trade settled the precious metal for Rs.51,150 per 10 gram. In the previous trade, the price of silver dropped by Rs.1,331 per kg to Rs.54,351 per kg, down from Rs.55,682 per kg. In the international market, silver traded flat at $18.62 per ounce.

      26 July 2022

    • Silver price jumps by Rs.998 per kg

      On Friday, the price of silver jumped by Rs.998 per kg from Rs.54,166 per kg to Rs.55,164 per kg. Gold prices traded higher at $1,718 per ounce, while the price of silver was unchanged at $18.81 per ounce in the international market.

      23 July 2022

    • Silver rates cross Rs.58,000 for a kg on 1 July 2022

      Silver futures prices on the Multi Commodity Exchange (MCX) were up by 0.36% and are Rs.58,425 for a kg on 4 July 2022. In the international markets, the prices of the white metal eased and are $19.82 for an ounce. Unlike silver, gold futures on MCX prices jumped on 4 July 2022.

      4 July 2022

    • Silver Rate Prices on MCX on 16 June 2022

      At Rs.61,121 per kg, silver futures increased by almost 0.70%, or Rs.424. In an effort to combat rising inflation and signal a weakening economy, the US Federal Reserve on Wednesday approved a 75-basis-point interest rate increase, the highest in more than 25 years.

      16 June 2022

    • Gold prices increase by Rs.270 and silver rates increase

      Gold rates had increased by Rs.250 and reached Rs.52,310 per 10 gram of 24-carat gold. 10 gram of 22-carat gold had traded at Rs.47,950. Silver prices had opened higher and reached Rs.62,200 per kg, after it had increased by Rs.100.

      10 June 2022

    • Silver price jumps to Rs.1,179

      Silver in the national capital on Thursday jumped Rs.1,179 to Rs.63,427 per kg from Rs.62,248 kg in the previous trade. On the other hand, in the international market silver was flat at USD22.95 per ounce.

      09 May 2022

    • Gold prices dropped, silver prices also

      The price of gold saw a sharp drop after the US treasury yield saw a rise, playing a role in the drop in precious metal prices. The market is expecting Federal Reserve to hike the interest rates sharply to fight inflation.

      With the interest rate expected to be hiked, the precious metal is expected to lose its sheen even further. The value of Gold Futures on MCX dropped 0.88%, while the silver futures also fell 1.65%.

      The value of Spot Gold dropped 0.4% while US gold futures fell 1.3%. The value of spot silver slipped 0.6% while platinum dropped 0.5%. The price of palladium fell 2.2%.

      In the Indian spot market, the value of gold was Rs.52,055 per 10 gram, while silver retailed at s.64,774 on Friday according to a report by the Indian Bullion and Jewellers Association.

      02 May 2022

    • Silver futures prices trade lower in India on 21 April 2022

      Silver futures prices fell by Rs.206 or 0.30% on 21 April 2022 and were trading at Rs.68,200 for a kg. Silver and gold prices fell due to the US treasury yields rebounding. As per the Indian Bullion and Jewellers Association, silver prices in the spot market were trading at Rs.68,590 on 20 April 2022. In the international markets, spot silver prices fell and were trading at $25.07 for an ounce.

      21 April 2022

    • Silver futures dip by Rs.693 in Delhi

      The silver futures tumbled by Rs.693 and were trading at Rs.66,905 per kg. In the international market, the white metal was trading flat at USD 24.77 an ounce. The gold futures also, edged lower by Rs.117 and was trading at Rs.51,542 for every 10 grams in the national capital. Globally, the price of spot gold fell and was trading at USD 1,926 an ounce.

      According to HDFC Securities, the fluctuations in precious metal prices are due to the weak international market and rupee appreciation.

      01 April 2022

    • Silver Price on 29 March 2022

      On Tuesday, 29 March 2022, silver futures were trading at Rs.67,811 per kg, down 0.43% or Rs.394. On Monday, 28 March 2022, silver was valued at Rs.67,592 per kg in the spot market.

      29 March 2022

    • Silver futures prices fall by Rs.475 in India on 11 March

      Silver futures prices on MCX eased by Rs.475 or 0.68% on 11 March 2022 and were trading at Rs.70,834 per kg. In the global markets, spot silver prices slipped by 0.9% and cost $25.49 for an ounce. On MCX, gold futures prices rise by 0.52% or Rs.276 and were trading at Rs.52,469 for 10 grams.

      11 March 2022

    • Silver rates jump by Rs.100 in India due to crisis in Ukraine

      Due to the crisis in Ukraine, the prices of silver surged by Rs.100 in India on 1 March 2022. Silver futures prices on the Multi Commodity Exchange (MCX) jumped by 1.5% and are at Rs.65,869 for a kg.

      01 March 2022

    • Silver futures prices fall by Rs.289 in India on 17 February

      Silver futures prices on MCX eased by Rs.289 or 0.46% on 17 February 2022 and were trading at Rs.63,010 per kg. In the global markets, spot silver prices remained stable and were $23.54 for an ounce. On MCX, gold futures prices fell by 0.09% or Rs.43 and were trading at Rs.49,573 for 10 grams.

      17 February 2022

    • Price of gold falls, silver rises slightly

      The price of gold took a fall as traders awaited the results of US jobs data along with concerns surrounding Ukraine prompted the yellow metal rates to dip.

      Gold futures were down 0.24%, while silver futures remained flat and rose slightly by 0.03%.

      Spot gold traded at $1,801.25 per ounce, while spot silver grew 0.1%. The price of platinum went up by 0.2%, while palladium fell 0.1%.

      02 February 2022

    • Silver prices in the national capital fall by Rs.1,292 per kg on 6 January

      In the national capital, the prices of silver fell by Rs.1,292 and were trading at Rs.59,590 for a kg. In the last session, the prices of the white metal were trading at Rs.60,882 per kg. In the global markets, silver rates traded flat and were at $22.34 for an ounce. Like silver, gold prices fell in Delhi as well. A decline in the prices of the yellow metal in the global markets ensured that the rates fell in India too.

      06 January 2022

    Silver Rate in Metro Cities
    Silver Rate in Priority Pages

    Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. Display of such IP along with the related product information does not imply BankBazaar's partnership with the owner of the Intellectual Property or issuer/manufacturer of such products.

    reTH65gcmBgCJ7k
    This Page is BLOCKED as it is using Iframes.