Silver rate today
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Today's silver price in India from MCX: per gram and per 1 kg, by purity, with GST, and how it has moved.
Silver rate by weight and purity
| Weight | Fine silver (99.9%) | Sterling (92.5%) | Fine with 3% GST |
|---|
| 1 gram | ₹182.04 | ₹168.38 | ₹187.50 |
| 10 grams | ₹1,820 | ₹1,684 | ₹1,875 |
| 100 grams | ₹18,204 | ₹16,838 | ₹18,750 |
| 1 kg | ₹1,82,035 | ₹1,68,382 | ₹1,87,496 |
From the MCX silver futures price (1 kg, 99.9% pure). Lower purities are worked out from the metal content. A jeweller's price adds making charges and its own margin, and can differ by city.
Trade silver options on MCX
The Silver straddle prices a move of ±₹11,813 by 27 Nov 2026, a range of ₹1,70,210 – ₹1,93,836.
The straddle (at-the-money call plus put) shows how much the options market expects silver to move before expiry.
International silver price in rupees
Silver in dollars$51.17 / ounce
US dollar₹93.95
Converted, 1 kg₹1,54,554
MCX price is higher by17.8%
The Indian price is the international price turned into rupees, plus import duty and taxes. That is why MCX is above the converted price. A weaker rupee raises the Indian price even when silver is flat abroad.
Information only, not investment advice.
What is the silver rate today?
₹1,82,035 a kg on MCX right now, which is ₹182.04 a gram, or ₹1,820 for 10 grams.
Why is the silver price in shops different?
Shops add making charges, their margin and 3% GST to the market rate. Sterling silver (92.5%) jewellery and articles contain less silver than fine silver bars.
How is the silver price in India set?
From the international price in dollars an ounce, turned into rupees, plus import duty and taxes. MCX silver futures trade from 09:00 to 23:55 India time (23:30 from March to November).
Why does silver move more than gold?
Silver is also an industrial metal (solar panels, electronics), so it reacts to factory demand as well as to investors. Its price swings are usually larger than gold's.
How can I invest in silver without storing it?
Silver ETFs on NSE hold physical silver and trade like shares, so there is nothing to store or check for purity.