1 Gram Rate — 10-Day Silver Trend
All prices in ₹ per gram · daily rate, updated once per day
1 Gram Rate in India Today
The 1 gram rate for silver in India is ₹218.40 on July 28, 2026. That is the cleanest way to read the market if you are buying coins, small bars or a few grams of jewellery. A per-gram quote keeps the math simple, and for most retail buyers that matters more than any headline number on MCX.
- 1 gram: ₹218.40
- 10 grams: ₹2,184.00
- 100 grams: ₹21,839.95
- 1 kg: ₹218,399.52
On the trading side, the number eventually traces back to LBMA silver spot price movement and MCX silver futures. Add import duty, rupee weakness, and local demand, and you get the retail number a shopkeeper quotes across the counter.
1 Gram Rate Across Silver Weights
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 Really Moves the 1 Gram Rate
Most people assume silver moves only when jewellery buyers show up. That is only half the story. The 1 gram rate in India also reacts to the dollar, the rupee, crude oil swings and global risk appetite. If the USD/INR pair climbs, the local silver quote usually follows even when the international spot price stays flat.
Purity changes the bill
Retail buyers often compare 999 silver with 925 silver, and the difference is not cosmetic. Coins and bars usually quote closer to pure bullion pricing, while hallmarked sterling pieces carry fabrication costs, wastage and silver jewellery making charges. That is why a “1 gram rate” on a bullion site and the final bill at a jeweller rarely match exactly.
Industrial demand also matters. Solar panels, electronics and electrical contacts absorb a large chunk of silver in good years. When fabrication demand tightens supply, the market feels it fast. You see that first on MCX, then in the shop price a day later. Sometimes sooner.
1 Gram Rate — 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 | — |
Why the 1 Gram Rate Matters for Small Buyers
The real advantage of a per-gram quote is flexibility. You do not need to wait until you can buy a full coin or a 1 kg bar. A few grams at a time works for many households, especially when they want to build a small silver reserve without taking a large cash hit in one go.
That is also why people watch digital silver and silver ETF products alongside the physical rate. A silver SIP can smooth out entry points, while bullion purchases give you the metal in hand. The trade-off is obvious: digital routes are cleaner and more liquid, but coins and bars feel more tangible, especially for Indian families that still prefer something they can store at home or in a locker.
Seasonal buying still has a role. Wedding demand, Akshaya Tritiya and festive gifting can lift the 1 gram rate at the counter even when the global market is quiet. The broader trend matters too. If silver is sitting near a 52-week high, buyers usually slow down and wait. If it has pulled back sharply, they tend to step in faster than they do with gold. That behaviour is plain retail psychology, nothing more exotic than that.
1 Gram Rate — Questions Buyers Ask
The 1 gram rate of silver today is ₹218.40 as of July 28, 2026. It moves with MCX silver, LBMA spot price and the USD/INR exchange rate.
Dealers start with the international LBMA silver spot price in USD per troy ounce, convert it into rupees using the current USD/INR rate, and then factor in duties, freight and local dealer margins. That is why the retail rate can differ slightly from exchange quotes.
If the 1 gram rate is ₹218.40, then 10 grams costs ₹2,184.00 before any making charges or taxes.
Silver reacts to global demand, industrial usage, rupee movement and MCX futures. A sharp move in crude oil or a jump in dollar strength can push the Indian rate higher even when domestic buying is quiet.
Yes. Small buyers think in grams, not kilos. For silver jewellery, the 1 gram rate gives a clean base number, then hallmarked 925 silver, wastage and silver jewellery making charges are added by the seller.
