India · 999 fine silver · 7 October 2026
Silver rate today in India
The price of silver in India right now, built from the international spot price and the rupee, with the 15% import duty and 3% GST included. Updated every minute while you read.
- Per gram, 10 g, 100 g, kg
- 999, 925, 900 and 800
- 15-day history
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 price by weight
What the metal costs today, before 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 |
Silver price by purity
Jewellery is rarely 999: most is 925 sterling or lower.
| 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 India: last 15 days
Per kg of 999 silver from each day's international close and exchange rate.
| 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%) |
Year-wise silver price history since 2004 · Forecasts for 2026–27
What moved the price
Silver's price in India depends on three things: the international price, the rupee and India's taxes.
- International spot: $59.43 an ounce today (−3.10%).
- Rupee: ₹96.47 per US dollar. A weaker rupee makes silver dearer in India even if the world price is flat.
- Taxes: 15% import duty plus 3% GST, about 18.5% on top of the landed price. Duty was 6% until 12 May 2026.
How today's rate is calculated
Per kg of 999 silver. Full methodology and sources.
52-week high ₹3,69,624 (26 Jan 2026)low ₹1,43,550 (27 Oct 2025)1-year change +48.8%
Silver rate in major cities
The metal price is national; each city page covers local markets, crafts and buying tips.
Frequently asked questions
What is 1 kg silver rate today in India?
₹2,18,319 for 999 fine silver, including 15% import duty and 3% GST. That is ₹218.32 per gram.
What is the 10 gram silver rate today?
₹2,183 for 999 silver and ₹2,019 for 925 sterling silver, before making charges.
How is the silver rate in India calculated?
International spot price (US dollars per troy ounce) × the rupee exchange rate ÷ 31.1035 grams, plus 15% import duty (10% basic customs duty + 5% AIDC since 13 May 2026), plus 3% GST. Methodology.
Why does my jeweller quote a different rate?
Jewellers and bullion dealers add their own margin, and prices at the counter can lag or lead the benchmark by a little. MCX futures also include the cost of carrying silver until the contract's expiry, so they usually sit a few percent above the landed price.
Is the silver rate the same in every city?
The benchmark is national. Local differences come from dealer margins, transport and making charges, not from a different metal price. City pages explain where to buy in each city.
Did the silver import duty change in 2026?
Yes. On 13 May 2026 India raised the duty on silver and gold bullion from 6% to 15%. Three days later, on 16 May, 99.9% silver bars were moved to the restricted import list. Read the news.
Sources
Rules and figures checked on 29 September 2026. Live prices update on this page automatically.
- Taxguru: customs duty on gold and silver raised to 15% (13 May 2026)
- MMTC-PAMP: silver and gold import duty hiked from 6% to 15%
- Business Standard: government restricts 99.9% silver bar imports (16 May 2026)
- IBJA: India Bullion and Jewellers Association rates
- Angel One: gold and silver prices, 28 Sep 2026
- gold-api.com (live spot data)
- ExchangeRate-API open access (FX rates)