Quick Conversions
Silver Price in India — 10-Day Trend
All prices in ₹ per gram · daily rate, updated once per day
Silver Price in India Today
The silver price in India today stands at ₹179.57 per gram on November 2, 2026. That is the cleanest way to read the market before you start thinking about coins, bars, or jewellery. The headline number is useful, but the real story sits underneath it — MCX silver, LBMA spot price, and the rupee’s move against the dollar all push the retail rate around.
If you are buying for savings or for a wedding order, look at the rate in more than one unit. Silver behaves differently from gold because demand is split between jewellery, industrial use, and investment bars. A small move in the global spot market can show up quickly in India once import duty and GST are layered on top.
- 1 gram: ₹179.57
- 10 grams: ₹1,795.73
- 100 grams: ₹17,957.35
- 1 kg: ₹179,573.48
That simple per-gram view helps retail buyers compare quotes from jewellers, bullion dealers, and online platforms without getting lost in packaging or making-charge noise. For market watchers, the number also tells you where local silver bhav is headed after the MCX session opens.
Silver Price in India — Price by Weight
Today's Silver rate is One Hundred and Eighty Rupees per gram. At this rate, 10 grams of Silver costs One Thousand Seven Hundred and Ninety Six Rupees.
| Unit | Weight | Price (INR) | Price in Words |
|---|---|---|---|
| 1 Gram | 1.0000 g | ₹179.57 | One Hundred and Eighty Rupees |
| 8 Grams | 8.0000 g | ₹1,436.59 | One Thousand Four Hundred and Thirty Seven Rupees |
| 10 Grams | 10.0000 g | ₹1,795.73 | One Thousand Seven Hundred and Ninety Six Rupees |
| 100 Grams | 100.0000 g | ₹17,957.35 | Seventeen Thousand Nine Hundred and Fifty Seven Rupees |
| 1 Kilogram | 1,000.0000 g | ₹179,573.48 | One Lakh Seventy Nine Thousand Five Hundred and Seventy Three Rupees |
| 1 Ounce (oz) | 28.3495 g | ₹5,090.82 | Five Thousand Ninety One Rupees |
| 1 Troy Ounce | 31.1035 g | ₹5,585.36 | Five Thousand Five Hundred and Eighty Five Rupees |
| 1 Metric Ton | 1,000,000.0000 g | ₹179,573,483.00 | Seventeen Crore Ninety Five Lakh Seventy Three Thousand Four Hundred and Eighty Three Rupees |
What Moves the Silver Price in India
Retail silver does not move on instinct. It follows a chain: international bullion, currency conversion, import cost, and then the dealer’s margin. The chain looks simple on paper, but one break in the link can make local prices jump faster than people expect. If the rupee weakens against the dollar, the silver price in India often rises even when global spot stays flat.
Why purity matters at the counter
Not every silver quote means the same thing. Bullion prices usually reference 999 silver, which is 99.9% pure. Jewellery is a different conversation. A 925 silver chain, bracelet, or ring carries sterling purity and then picks up silver jewellery making charges, hallmark certification, and design costs. That is why the final invoice can sit noticeably above the metal rate on the screen.
Industrial demand matters too. Solar panels, electronics, and some medical applications keep taking silver out of the market, so a demand surprise can tighten supply in a hurry. Add crude oil, geopolitical tension, and a nervous dollar, and you get a market that can turn sharply without much warning. Traders who follow MCX silver and LBMA silver together usually see the turn first.
Silver Price in India — Last 10 Days
The most recent Silver price on record (2026-11-02) is One Hundred and Eighty Rupees per gram.
| Date | Price (INR/g) | Change |
|---|---|---|
| 2026-11-02 | ₹179.57 | 0.00 |
| 2026-11-01 | ₹179.57 | 0.00 |
| 2026-10-31 | ₹179.57 | -1.47 |
| 2026-10-30 | ₹181.05 | -10.08 |
| 2026-10-29 | ₹191.13 | -3.62 |
| 2026-10-28 | ₹194.74 | -1.45 |
| 2026-10-27 | ₹196.20 | +1.13 |
| 2026-10-26 | ₹195.07 | -0.90 |
| 2026-10-25 | ₹195.97 | 0.00 |
| 2026-10-24 | ₹195.97 | — |
Silver Price in India for Investors
For small investors, silver works best when you treat it as a layered bet rather than a quick trade. A coin bought today is not going to behave like a meme stock. It is a hard asset, and hard assets need patience. That is one reason people use digital silver or a silver ETF for staggered exposure instead of trying to time every tick.
A silver SIP can be a practical route if you want to build positions slowly. You avoid the pressure of buying a full kilogram at once, and you also keep yourself exposed to rupee-cost averaging. Physical silver still has its place, especially for festival gifting or wedding purchases, but the storage and making-charge angle can eat into returns if you are careless.
Seasonal demand matters more than many first-time buyers expect. Wedding months, Diwali, and Akshaya Tritiya can tighten the retail market in selected cities, even when global prices are calm. If you track the 52-week high and low alongside the daily silver price in India, you get a clearer sense of whether the current quote is simply noisy or genuinely stretched. That kind of context keeps mistakes small.
Silver Price in India — Common Questions
The silver price in India today is ₹179.57 per gram as of November 2, 2026. On retail pages, you will also see 10g, 100g, and 1kg values for a quick check.
Silver moves with LBMA spot pricing, MCX futures, USD/INR swings, and import duties. A stronger dollar or a jump in global bullion demand usually feeds into local Indian rates fast.
MCX silver gives the futures market signal. Retail prices in India generally track that direction after adding currency conversion, customs duty, GST, and dealer margins.
999 silver is fine silver at 99.9% purity and is usually the benchmark for bullion, coins, and bars. 925 silver is sterling silver, used mostly in jewellery, so making charges can push the final bill higher.
Yes. Many buyers use silver ETF, digital silver, or a silver SIP for smaller entries. That keeps the purchase flexible, though physical coins still matter if you want something in hand.
