Live Silver Rate in India — 10-Day Trend
All prices in ₹ per gram · daily rate, updated once per day
Live Silver Rate in India Today
The live silver rate in India is ₹218.40 right now, based on the latest update for July 28, 2026. That number is the first thing a retail buyer wants, and for good reason. It gives you the base before a jeweller adds making charges, GST, or any city-level spread.
On MetalsCost, the live silver rate in India follows the same logic the trade uses every day: MCX cues, LBMA silver direction, and the rupee’s move against the dollar. When the rupee weakens, silver in India can rise even if the international spot price is flat. That is the part casual buyers often miss.
- 1 gram: ₹218.40
- 10 grams: ₹2,184.00
- 100 grams: ₹21,839.95
- 1 kg: ₹218,399.52
If you are tracking chandi rate for coins or bars, the per-gram line is useful, but the final bill depends on the form you buy. Coins usually carry a premium over raw spot. Jewellery costs even more because labour and wastage are part of the deal.
Live Silver Rate in India 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 Moves the Live Silver Rate in India
Silver is not just a safe-haven metal. It also behaves like an industrial input, which is why the live silver rate in India can move on headlines that have nothing to do with jewellery demand. Solar panel fabrication, electronics, and chemical uses all matter. So do global supply issues and sudden jumps in crude oil, because energy costs feed straight into mining and refining economics.
MCX, LBMA, and the Rupee
MCX silver is the local benchmark most traders watch. LBMA silver gives the international spot reference, usually quoted in USD per troy ounce. Once that figure lands in India, the number gets converted into rupees and adjusted for import duty, logistics, and dealer margin. The result is what you see on a retail counter, and it is rarely the same as the raw spot price in London.
Purity matters too. 999 silver is the standard for bullion bars and coins. 925 silver is sterling silver, which jewellers use for wearable pieces. A hallmarked 925 chain may look modest, but you are paying for craftsmanship, not just metal. That is why silver jewellery making charges can swing the final price quite a bit.
Live Silver Rate in India — 10-Day History
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 | — |
How Investors Read the Live Silver Rate in India
Small investors usually look at silver in one of three ways. Some buy physical coins and bars when prices soften. Some prefer a silver ETF because it keeps storage out of the picture. Others go for digital silver or a silver SIP, building exposure in small tickets instead of timing one large entry. Each route has trade-offs, and the right one depends on how much friction you are willing to accept.
Physical silver gives you something real in hand, which many Indian households still trust. The downside is simple: spreads, storage, and resale friction. Digital silver feels cleaner, but the platform fee and pricing gap can eat into returns if you trade too often. Silver ETF units sit in the middle. They track the metal closely without the locker headache, though they do not give you the same household comfort as a coin in your drawer.
Seasonal demand also plays its part. Wedding buying, festival stocking, and coin purchases around Akshaya Tritiya can tighten retail supply for a while. That does not guarantee a rally, but it can make local premiums ugly for a short stretch. A 52-week high or low matters less if you are buying gradually. A silver SIP works better for that style. You stop trying to guess the bottom and start averaging into the market with some discipline.
Live Silver Rate in India — FAQ
The live silver rate in India today is ₹218.40 as of July 28, 2026. It changes through the day with MCX moves, LBMA silver, and the rupee.
India usually tracks the LBMA spot price in USD per troy ounce, then converts it to INR using the current USD/INR rate. Import duty, GST, and local dealer spreads sit on top of that base.
The 10 gram silver price today is ₹2,184.00. Jewellery shops may quote slightly more once making charges are added.
MCX silver is a futures-linked benchmark, while retail silver includes duty, logistics, purity checks, and the seller’s margin. That gap is normal.
Yes. 999 silver means near-pure bullion silver, while 925 silver is sterling silver used in jewellery. Sterling items carry design and making costs, so their final price is not the same as spot silver.
