Silver $59.43 −3.10%Gold $4,078.70 −2.04%India ₹/kg ₹2,18,319 −3.10%Shanghai ¥/kg ¥14,890 +0.60%SGE premium +16.1% USD/INR ₹96.47 Gold/Silver 68.6 7 Oct 2026, 6:10 PM IST

Updated 7 Oct 2026, 6:10 PM IST

Live silver prices, explained

Today's silver rate for India, the international spot price, Shanghai's exchanges and 10 world markets. Every number shows how it's calculated, and it all refreshes by itself.

  • India duty and GST included
  • Live Shanghai premium
  • 28 cities, 10 countries
  • Free, no sign-up

Diwali 2026 silver rate: Dhanteras is on Friday 6 November

Silver rate in India today · 999 fine

₹218.32/ gram

−3.10% −₹6,991 per kg today

  • 10 g₹2,183
  • 100 g₹21,832
  • 1 kg₹2,18,319

30-day trend

Includes 15% import duty and 3% GST. Excludes making charges.

Updated 7 Oct 2026, 6:10 PM IST

Silver in India: one-year chart

Per kg of 999 silver, with the duty and GST in force on each day. The jump in May is the import duty rising from 6% to 15%.

India silver rate, ₹ per kg (incl. duty and GST)
₹2,00,000₹3,00,000DecFebAprJunAugOctHigh ₹3,69,624Low ₹1,43,550

52-week high ₹3,69,624 (26 Jan 2026)low ₹1,43,550 (27 Oct 2025)1-year change +48.8%

Today's rate by weight

999 fine and 925 sterling silver.

Weight999 fine silver925 sterling
1 g₹218.32₹201.94
10 g₹2,183₹2,019
50 g₹10,916₹10,097
100 g₹21,832₹20,194
500 g₹1,09,159₹1,00,972
1 kg₹2,18,319₹2,01,945

Full India rates and 15-day history Price of any weight

How today's rate is built

Most sites just show a number. Here is where ours comes from, per kg of 999 silver.

International price₹1,84,313$59.43 per oz × ₹96.47 per $, per kg
+ Import duty (15%)₹27,64710% basic customs duty + 5% AIDC
+ GST (3%)₹6,359on the duty-paid value
= India silver rate₹2,18,319per kg of 999 silver, before making charges

London, New York, Shanghai, India

The same metal trades at different prices in different places. Here they are side by side.

Shanghai premium
MarketPriceIn USD / ozChange
London spot OTC, global benchmark$59.43$59.43−3.10%
COMEX futures New York, front month$59.51$59.51−3.38%
Shanghai Gold Exchange Ag(T+D), CNY/kg¥14,890$69.00+0.60%
Shanghai Futures Exchange main contract, CNY/kg¥14,980$69.42+0.50%
India landed + GST, ₹/kg₹2,18,319incl. 18.5% taxes−3.10%

Silver around the world

Local currency and the units local dealers use.

All 10 countries

Frequently asked questions

What is the silver rate in India today?

Today's benchmark for 999 silver is ₹218.32 per gram, or ₹2,18,319 per kg, including 15% import duty and 3% GST. It updates through the day as the international price and the rupee move.

Why is silver in India more expensive than the international price?

Because of taxes. Since 13 May 2026 India charges 15% customs duty on silver bullion (10% basic duty plus 5% agriculture cess), and 3% GST applies on top: about 18.5% in total. See the full breakdown.

Why does silver cost more in Shanghai?

China's domestic silver market is partly separated from London by import licensing and a 13% VAT on physical metal, so local demand can push Shanghai prices above the rest of the world. The Shanghai premium is live on the premium tracker.

How often are prices updated?

Every page checks for new prices when you open it and every minute while it stays open. Spot prices come from public market feeds, exchange rates from open exchange-rate data, and Shanghai prices from SGE and SHFE quotes.

Does the price include making charges?

No. The rates are for the metal. Jewellers add making charges and GST on those charges; use the silver price calculator to work out a jewellery bill.

Sources

Rules and figures checked on 29 September 2026. Live prices update on this page automatically.