1 Gram Price in India — 10-Day Silver Trend
All prices in ₹ per gram · daily rate, updated once per day
1 Gram Price in India Today
The 1 gram price in India is ₹218.40 as of July 28, 2026. That is the cleanest way to read the silver market if you are comparing coins, saving in small instalments, or checking whether a jeweller’s quote is fair. In practice, the number follows MCX silver closely, then gets nudged by the LBMA spot price and the rupee’s own mood.
- 1 gram: ₹218.40
- 10 grams: ₹2,184.00
- 100 grams: ₹21,839.95
- 1 kg: ₹218,399.52
For retail buyers, that small unit matters. A one-gram quote is easy to compare across cities and sellers, and it also makes silver coins and digital silver feel less intimidating. Hallmarking helps too. If you are buying a finished item, 999 silver and 925 silver do not price the same way, because the jewellery counter adds workmanship, wastage, and margin on top of the raw metal rate.
1 Gram Price in India — Silver by Weight
Today's Silver rate is Two Hundred and Eighteen Rupees per gram. At this rate, 10 grams of Silver costs Two Thousand One Hundred and Eighty Four Rupees.
| Unit | Weight | Price (INR) | Price in Words |
|---|---|---|---|
| 1 Gram | 1.0000 g | ₹218.40 | Two Hundred and Eighteen Rupees |
| 8 Grams | 8.0000 g | ₹1,747.20 | One Thousand Seven Hundred and Forty Seven Rupees |
| 10 Grams | 10.0000 g | ₹2,184.00 | Two Thousand One Hundred and Eighty Four Rupees |
| 100 Grams | 100.0000 g | ₹21,839.95 | Twenty One Thousand Eight Hundred and Forty Rupees |
| 1 Kilogram | 1,000.0000 g | ₹218,399.52 | Two Lakh Eighteen Thousand Four Hundred Rupees |
| 1 Ounce (oz) | 28.3495 g | ₹6,191.52 | Six Thousand One Hundred and Ninety Two Rupees |
| 1 Troy Ounce | 31.1035 g | ₹6,792.99 | Six Thousand Seven Hundred and Ninety Three Rupees |
| 1 Metric Ton | 1,000,000.0000 g | ₹218,399,522.00 | Twenty One Crore Eighty Three Lakh Ninety Nine Thousand Five Hundred and Twenty Two Rupees |
What Drives the 1 Gram Silver Rate
The silver quote does not move in a straight line. One day the rupee weakens and the local rate jumps even if the overseas market is flat. Another day, crude oil, global risk appetite, or a spike in industrial buying can push the metal higher before Indian retail counters even open properly. That is why the 1 gram price in India often looks calm only on the surface.
Spot price, import duty, and the local quote
MCX silver is the domestic reference most Indian traders watch first. LBMA silver sets the global tone, and the conversion into rupees starts there. Add import duty, freight, local taxes, and dealer spread, and you get the figure customers actually pay. If you are checking a coin price against a bullion quote, that gap is usually where the difference lives.
Industrial demand also matters more than many retail buyers realise. Silver is not just a jewellery metal; it goes into solar panels, electronics, medical applications, and a long list of factory uses that do not care about festive season sentiment. When those buyers step up, the 1 gram price in India can stay firm even when physical jewellery demand looks sleepy.
1 Gram Price in India — Last 10 Days
The most recent Silver price on record (2026-07-28) is Two Hundred and Eighteen Rupees per gram. This is down by Five Rupees from the previous day's rate of ₹223.48.
| Date | Price (₹/g) | Change |
|---|---|---|
| 2026-07-28 | ₹218.40 | -5.08 |
| 2026-07-27 | ₹223.48 | +1.07 |
| 2026-07-26 | ₹222.41 | 0.00 |
| 2026-07-25 | ₹222.41 | +3.89 |
| 2026-07-24 | ₹218.52 | -8.19 |
| 2026-07-23 | ₹226.71 | +1.64 |
| 2026-07-22 | ₹225.07 | +4.14 |
| 2026-07-21 | ₹220.93 | +4.25 |
| 2026-07-20 | ₹216.68 | +0.02 |
| 2026-07-19 | ₹216.66 | — |
Is 1 Gram Silver a Practical Investment Unit?
For small savers, 1 gram is the most forgiving entry point. You do not need to wait until you can afford a full coin or a heavy bar. You can accumulate slowly, watch the spread, and build a position without overcommitting cash. That flexibility is exactly why digital silver and silver SIP products have found an audience in tier-1 and tier-2 cities.
Physical silver still has its place, but the experience is different. Coins and bars may carry a premium, while silver ETF units track the market more closely and remove storage headaches. If your aim is pure exposure, that matters. If your aim is gifting or household use, physical silver still makes more sense, even if the making charges bite a little.
The broader trend is worth watching over months, not minutes. Silver often trades with sharper swings than gold, which means the 52-week high and low can look far apart. Wedding season, Akshaya Tritiya, and regional festival buying can tighten supply at the counter, while investor flows can cool off just as quickly. That mix keeps the 1 gram price in India relevant for both buyers and traders.
1 Gram Price in India — Common Questions
The 1 gram price in India today is ₹218.40 as of July 28, 2026. The live rate usually tracks MCX silver and the international LBMA spot price, with INR conversion doing a lot of the heavy lifting.
Not exactly. The base rate is similar, but retail quotes can change because of transport, dealer margin, and whether you are buying a coin, bar, or jewellery-grade silver.
Traders start with the LBMA silver spot price in USD per troy ounce, convert it into rupees using the USD/INR rate, and then add import duty, local taxes, and dealer spread.
Silver reacts to currency moves, crude oil, industrial demand, and global risk sentiment. A sharp jump in USD/INR or a volatile MCX session can change the quote even if the day starts quietly.
Yes. 999 silver, 925 silver, and lower-purity jewellery all price differently. Hallmarked 999 silver usually tracks the spot market more closely than finished jewellery, where making charges matter.