Silver INR Price — 10-Day Trend
All prices in ₹ per gram · daily rate, updated once per day
Silver INR Price in India Today
The silver INR price in India today sits at ₹218.40 as of July 28, 2026. That is the number most retail buyers want first, whether they are checking a coin counter, a bullion desk or the MCX screen on their phone.
Silver does not trade in a vacuum. The local chandi rate follows the global silver spot price, then gets translated into rupees through USD/INR and layered with duty, freight and dealer spread. That is why the final retail quote can sit a little away from the clean LBMA reference.
- 1 gram: ₹218.40
- 10 grams: ₹2,184.00
- 100 grams: ₹21,839.95
- 1 kilogram: ₹218,399.52
If you are comparing quotes, check whether the seller is talking about pure bullion, 999 silver, or a finished 925 silver item. Jewellery counters often quote a different number because silver jewellery making charges and wastage can change the bill fast.
Silver INR Price 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 Silver INR Price
Most daily swings start outside India. The LBMA silver benchmark, US interest-rate expectations and the dollar all matter, but the rupee does its own work too. A softer INR can push the local silver bhav higher even when overseas prices barely move.
Why the same metal prints different quotes
MCX silver is a futures market quote, so the number you see there may lead the retail screen by a few minutes or even a few rupees. Import duty, local stock positions and city-specific premiums also play a part. That is normal. A bullion dealer in Mumbai and a trader in Jaipur rarely quote the exact same INR price at the exact same second.
Industrial demand adds another layer. Silver goes into solar panels, electronics, soldering alloys and medical applications, so factory buying can tighten supply without much warning. When geopolitical headlines hit crude oil or the dollar, silver often reacts quickly because global funds treat it as both a precious metal and a risk asset.
For buyers, purity matters as much as headline price. A hallmarked 999 bar should stay close to bullion value, while 925 sterling jewellery carries design cost and craftsmanship charges. If the shop does not break that down, ask. A proper invoice should not leave you guessing.
Silver INR Price — 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 | — |
Is Silver INR Price Useful for Investors?
Yes, especially if you buy in smaller amounts. Silver’s rupee price gives retail investors a cleaner entry point than gold, and that matters when budgets are tight. Someone starting with one coin today can add more later without waiting for a large lump sum.
For people who do not want to hold physical metal, a silver ETF, digital silver or a silver SIP can make more sense. You avoid locker hassles and purity doubts, though you still need to watch the spread between buy and sell prices. That spread is where many first-time investors lose money without realising it.
Seasonal demand can also push the market around. Wedding buying, festival stocking and year-end retail restocking usually create better liquidity, while panic buying during price spikes can make small denominations expensive. If you track the 52-week high and low alongside the daily silver INR price, the picture becomes a lot less emotional and a lot more practical.
Silver INR Price — Common Questions
The silver INR price in India today is ₹218.40 as of July 28, 2026. It moves with MCX silver, global spot rates and the USD/INR exchange rate.
Traders usually start with LBMA silver spot in USD per troy ounce, convert it to rupees using USD/INR, then factor in import duty, local premiums and the denomination being sold.
10 gram silver price today is ₹2,184.00.
MCX silver is a futures market quote. Retail silver INR price can trade a little higher because of dealer margin, transport, making charges on jewellery and short-term supply tightness.
Yes. 999 silver is fine silver and usually tracks bullion pricing closely. 925 silver is sterling silver, so jewellers may charge differently because it is alloyed and often sold as ornament-grade material.
You can use a silver ETF, digital silver or a silver SIP. These routes avoid storage hassle, though the pricing and spreads will still matter.
