Maharashtra · City rate
Silver rate in Mumbai today
चांदी · chāndī in Marathi
The benchmark price of silver in Mumbai, updated through the day from international prices and the rupee, with India's import duty and GST included.
Silver rate in Mumbai 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 price in Mumbai by weight
Pure (999) and sterling (925) silver. Jewellery adds making charges.
| Weight | 999 fine silver | 925 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 |
By purity
What the metal in each purity is worth today.
| Purity | Per gram | Per 10 g | Per kg |
|---|---|---|---|
| 999 fine silver | ₹218.32 | ₹2,183 | ₹2,18,319 |
| 925 sterling | ₹201.94 | ₹2,019 | ₹2,01,945 |
| 900 coin silver | ₹196.49 | ₹1,965 | ₹1,96,487 |
| 800 silver | ₹174.66 | ₹1,747 | ₹1,74,655 |
Silver rate in Mumbai: last 15 days
Per kg of 999 silver, based on the daily international close and the rupee.
| Date | ₹ per kg (incl. duty and GST) | Change |
|---|---|---|
| 7 Oct 2026 | ₹2,18,616 | −₹5,808 (−2.59%) |
| 6 Oct 2026 | ₹2,24,424 | +₹1,138 (+0.51%) |
| 5 Oct 2026 | ₹2,23,287 | +₹3,502 (+1.59%) |
| 2 Oct 2026 | ₹2,19,785 | −₹2,053 (−0.93%) |
| 1 Oct 2026 | ₹2,21,838 | +₹2,008 (+0.91%) |
| 30 Sep 2026 | ₹2,19,830 | −₹1,925 (−0.87%) |
| 29 Sep 2026 | ₹2,21,755 | −₹1,567 (−0.70%) |
| 28 Sep 2026 | ₹2,23,322 | −₹11,947 (−5.08%) |
| 25 Sep 2026 | ₹2,35,270 | +₹3,901 (+1.69%) |
| 24 Sep 2026 | ₹2,31,369 | −₹3,247 (−1.38%) |
| 23 Sep 2026 | ₹2,34,615 | −₹5,704 (−2.37%) |
| 22 Sep 2026 | ₹2,40,319 | −₹365 (−0.15%) |
| 21 Sep 2026 | ₹2,40,684 | −₹2,131 (−0.88%) |
| 18 Sep 2026 | ₹2,42,815 | +₹3,132 (+1.31%) |
| 17 Sep 2026 | ₹2,39,683 | +₹4,669 (+1.99%) |
Buying silver in Mumbai
Where people buy. Zaveri Bazaar in Kalbadevi is India's busiest bullion and jewellery market, with wholesalers, refiners and retail jewellers packed into a few lanes.
Local context. Mumbai is the centre of India's precious-metals trade: the Multi Commodity Exchange (MCX), where silver futures trade, and the India Bullion and Jewellers Association (IBJA), which publishes widely used daily reference rates, are both based here.
Tip. In Zaveri Bazaar, bullion dealers quote per kg while jewellers quote per gram plus making charges. Ask which one you are being given.
Silver price trend: last 3 months
The Mumbai rate follows the international silver price and the rupee, plus import duty and GST, the same as everywhere in India. How we calculate it.
52-week high ₹3,69,624 (26 Jan 2026)low ₹1,43,550 (27 Oct 2025)1-year change +48.8%
Frequently asked questions
What is the silver rate in Mumbai today?
The benchmark rate for 999 silver is ₹218.32 per gram (₹2,18,319 per kg), including 15% import duty and 3% GST. The metal price is set nationally, so Mumbai shops start from the same base rate and add their margin and making charges.
Where can I buy silver in Mumbai?
Zaveri Bazaar in Kalbadevi is India's busiest bullion and jewellery market, with wholesalers, refiners and retail jewellers packed into a few lanes.
What is silver called in Marathi?
Silver is चांदी (chāndī) in Marathi.
What should I check when buying silver in Mumbai?
In Zaveri Bazaar, bullion dealers quote per kg while jewellers quote per gram plus making charges. Ask which one you are being given. Ask for the purity in writing, and prefer BIS-hallmarked pieces with a 6-digit HUID code. How to check purity.
Sources
Rules and figures checked on 29 September 2026. Live prices update on this page automatically.