Silver Cost Per Gram Today — 10-Day Trend
All prices in ₹ per gram · daily rate, updated once per day
Silver Cost Per Gram Today in India
Silver cost per gram today in India stands at ₹218.40 on July 28, 2026. That is the number most buyers want first, whether they are checking a coin shop, a wholesale quote, or a quick MCX reference on mobile. The live retail rate tends to stay close to the international silver spot price, but the final figure in India still reflects import duty, GST, and the dealer’s spread.
If you are comparing different purchase sizes, the maths is straightforward. What changes is the premium you pay once you move from plain bullion to coins or jewellery. That is why one buyer sees a neat per-gram number, while another ends up with a higher bill for the same metal weight.
- 1 gram: ₹218.40
- 10 grams: ₹2,184.00
- 100 grams: ₹21,839.95
- 1 kg: ₹218,399.52
For most retail searchers, silver cost per gram today is less about theory and more about timing. If MCX silver is firm and the rupee is under pressure, the quoted chandi rate usually follows quickly. A weak rupee can add a bit of sting even when overseas prices are flat.
Silver Cost Per Gram Today 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 |
Why the Rate Moves the Way It Does
The number you see on a local counter does not appear out of thin air. Silver cost per gram today is built from global pricing, currency conversion, and the reality of landing metal in India. LBMA silver sets the international tone, then the USD/INR exchange rate and duty structure decide how much of that move reaches the retail buyer.
What traders and jewellers watch closely
MCX silver futures often give the first hint. When futures open stronger after a jump in global markets, wholesalers lift quotes early in the day. The move can be exaggerated if crude oil rises, because higher energy costs feed inflation fears and keep precious metals in demand. That happened repeatedly during the sharp inflation runs of recent years, and silver did not sit still.
Purity matters too. A 999 silver bar trades on a different logic from a 925 silver ring or bracelet. Hallmarked jewellery carries purity assurance, but the final bill includes making charges, wastage, and design work. That is normal. A plain bullion coin may seem cheaper per gram at first glance, yet coin premiums can be stubborn during festival demand or when mint supply tightens.
Industrial demand also leaves a mark. Solar panels, electronics, and certain medical applications use silver in small but meaningful quantities. When those sectors run hot, they support the underlying market even if retail buyers are only watching the chandi rate for gifting or savings.
Silver Cost Per Gram Today — 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 Silver a Better Entry Point Than Gold?
For smaller investors, silver often feels more approachable than gold. The ticket size is lower, the per-gram entry is manageable, and it is easier to build a position in stages. That is one reason people search for silver cost per gram today instead of jumping straight to a full coin purchase. They want a number they can act on, not a lecture.
Digital silver and silver ETF products make that process even smoother. You can buy in smaller amounts, spread purchases over time, and avoid the hassle of storage. A silver SIP suits the buyer who prefers discipline over timing the market, although physical silver still has its place for gifting and household savings. There is no perfect route; there is only the route that fits the budget and the patience of the buyer.
Seasonal demand matters more than many people admit. Weddings, Diwali, Akshaya Tritiya, and regional gifting cycles can tighten supply at the retail counter. When that happens, the quoted silver coin price can move above the simple metal value, and the gap is usually widest for small denominations. Over a full year, the more useful reference is the 52-week range rather than one dramatic day.
If you are comparing assets, remember the trade-off. Gold tends to be the steadier house guest. Silver behaves more like the relative who arrives early, talks loudly, and leaves the room a bit more animated than before. That extra swing is the point for many investors, but it also means you should size the position sensibly.
Silver Cost Per Gram Today — FAQs
The silver cost per gram today in India is ₹218.40 as of July 28, 2026. That is the live retail reference before making charges or dealer margins.
The rate usually tracks the international LBMA silver spot price, then gets converted into INR using the USD/INR exchange rate. MCX silver futures often move in the same direction, though local retail pricing can differ because of import duty, GST, and dealer spreads.
Silver bhav changes because global spot prices move, the rupee fluctuates, and futures traders reposition on MCX. A sharp move in crude oil or dollar strength can also pull the metal up or down faster than shoppers expect.
999 silver is pure investment-grade silver, while 925 silver is sterling silver used mainly in jewellery. A 925 piece may carry silver hallmark certification, but its final price includes design value and silver jewellery making charges, so it will not match raw per-gram bullion pricing.
Digital silver and silver ETF products suit buyers who want small, fractional exposure without storage worries. Physical silver coins still make sense if you want something tangible for gifting or long-term holding, but coin premiums can be higher than the live per-gram rate.
