Both metals · 7 October 2026
Gold and silver prices today
India's rates and the international spot prices for both metals on one page, with the ratio traders watch to judge whether silver is cheap or expensive.
- India and international
- Live gold–silver ratio
- Two one-year charts
Gold–silver ratio
68.6oz of silver per oz of gold
- Gold spot$4,078.70
- Silver spot$59.43
- Silver India₹2,18,319
Updated 7 Oct 2026, 6:10 PM IST
Silver in India
| 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 |
Gold in India
| Karat | Per gram | Per 10 g |
|---|---|---|
| 24K 99.9% gold, the base rate | ₹14,984 | ₹1,49,841 |
| 22K 91.6% of the 24K rate | ₹13,725 | ₹1,37,254 |
| 18K 75.0% of the 24K rate | ₹11,238 | ₹1,12,380 |
Gold–silver ratio
Down means silver is outperforming gold. It fell to about 44 at silver's January peak.
52-week high 86.6 (21 Oct 2025)low 44.2 (26 Jan 2026)1-year change −18.5%
Silver vs gold, 1 year
Silver in US dollars per ounce.
52-week high $115.08 (26 Jan 2026)low $46.56 (27 Oct 2025)1-year change +25.7%
Reading the ratio
The gold–silver ratio is simply the gold price divided by the silver price. Over the past decade it has mostly sat between about 65 and 90, with a spike above 120 in March 2020. When fear or a strong dollar dominates, gold usually holds up better and the ratio rises; in speculative booms silver tends to win and the ratio falls, as it did in early 2026 when silver hit its record.
Some investors switch between the metals when the ratio is at an extreme, but the ratio can stay high or low for years. More on the gold–silver ratio.
Frequently asked questions
What is the gold-silver ratio today?
68.6: one ounce of gold buys that many ounces of silver. When the ratio is high, silver is cheap relative to gold; when it falls, silver is outperforming.
Why does silver move more than gold?
Silver's market is much smaller and about half of demand is industrial (solar panels, electronics), so it reacts more sharply to both investment flows and the economy. In January 2026 silver rose and fell far faster than gold.
Are gold and silver taxed the same way in India?
Mostly. Both pay 15% import duty (since 13 May 2026) and 3% GST, and long-term capital gains on physical holdings are taxed at 12.5% after 24 months.
Sources
Rules and figures checked on 29 September 2026. Live prices update on this page automatically.