The silver rate today in India is ₹99.60 per gram, showing stability over the last few days. Silver remains a preferred investment option and is widely used in jewelry, industrial applications, and investment portfolios. Being one of the largest markets for silver globally, India witnesses fluctuating silver prices influenced by international trends, local demand, and market dynamics.
Current Silver Prices in India
The latest silver prices for 10 grams, 100 grams, and 1 kg across major Indian cities are as follows:
City | 10 Gram | 100 Gram | 1 Kg |
---|---|---|---|
Delhi | ₹995 | ₹9,950 | ₹99,500 |
Mumbai | ₹988 | ₹9,880 | ₹98,800 |
Kolkata | ₹1,003 | ₹10,030 | ₹1,00,300 |
Chennai | ₹1,066 | ₹10,660 | ₹1,06,600 |
Bangalore | ₹985 | ₹9,850 | ₹98,500 |
Hyderabad | ₹1,072 | ₹10,720 | ₹1,07,200 |
Pune | ₹998 | ₹9,980 | ₹99,800 |
Jaipur | ₹999 | ₹9,990 | ₹99,900 |
Ahmedabad | ₹983 | ₹9,830 | ₹98,300 |
Lucknow | ₹1,004 | ₹10,040 | ₹1,00,400 |
Patna | ₹996 | ₹9,960 | ₹99,600 |
Indore | ₹996 | ₹9,960 | ₹99,600 |
Coimbatore | ₹1,068 | ₹10,680 | ₹1,06,800 |
Highest and Lowest Silver Prices Today
The highest silver price today is in Hyderabad, where 1 kg of silver costs ₹1,07,200. On the other hand, the lowest silver price today is in Ahmedabad, where 1 kg of silver is priced at ₹98,300. These variations are influenced by local taxes, demand, and transportation costs.
Why Is It Important to Track Silver Rates?
For investors and buyers, keeping a close eye on the silver rate today ensures they make well-informed purchasing decisions. Whether you’re buying silver as an investment or for personal use, checking the latest rates helps secure the best value for your money.
Silver as an Investment Option
Silver is considered a safe investment during uncertain economic times. With steady demand in India’s jewelry and industrial sectors, silver offers excellent value as a hedge against inflation. Staying updated with daily silver prices empowers investors to time their purchases effectively.
For more information on silver rates, including trends and insights, visit: https://ipoinsights.in/silver-rates/.
FAQs About Silver Rate Today
The silver rate today in India is ₹99.60 per gram. The prices vary across cities depending on local market factors such as demand, supply, and taxes.
The highest silver price today is in Hyderabad, where 1 kg of silver is priced at ₹1,07,200.
The lowest silver price today is in Ahmedabad, where 1 kg of silver costs ₹98,300.
Silver prices vary across cities due to differences in local taxes, transportation costs, and demand and supply in regional markets.
The silver price can change multiple times during the day, depending on international market trends, currency fluctuations, and other economic factors.
Yes, silver is considered a reliable investment. It serves as a hedge against inflation, is widely used in industries, and has strong demand in the jewelry sector, making it a stable choice for investors.
You can stay updated with live silver prices for your city by visiting trusted websites like IPO Insights or checking with local jewelers and market sources.
Key factors influencing the silver rate in India include:
International silver prices
Currency exchange rates (USD to INR)
Industrial demand
Import duties and taxes
Local market demand and supply
The price of silver for jewelry often includes making charges and taxes, whereas the silver rate for investment (e.g., coins or bars) typically reflects the market rate with minimal additional costs.
Historical silver rate trends can be found on finance and investment websites, or you can visit IPO Insights for detailed updates on silver prices.
To get the best value, compare silver rates today across cities, check for live prices from reliable sources, and purchase from trusted jewelers or certified dealers.
Yes, global factors such as fluctuations in international silver prices, geopolitical events, and economic conditions impact the silver rate in India.
Silver is widely used in India for jewelry, religious ceremonies, and as a safe investment option. Its affordability compared to gold also makes it a preferred choice for many buyers.
You can invest in silver through coins, bars, jewelry, or exchange-traded funds (ETFs). It’s advisable to monitor the silver rate today before making a purchase.
For live updates and detailed information about silver prices, visit https://ipoinsights.in/silver-rates/.