Silver Price Today in India

What moves the silver price in India

Silver tracks the international price (quoted in dollars an ounce) converted into rupees, so it moves every day with the global silver market and the rupee. What sets it apart from gold is industrial demand: roughly half of all silver goes into solar panels, electronics and EVs, so it reacts to the economy as well as to safe-haven buying — which makes it noticeably more volatile.

Fine silver vs sterling (925)

The rate above is 999 fine silver — nearly pure, used for coins, bars and bullion. Most silver jewellery, cutlery and gifting articles are 925 sterling (92.5% silver, alloyed with copper for strength). At today's rate sterling is about ₹231/g. Look for a 999 or 925 hallmark when you buy.

What you'll actually pay

The rate is only the metal. For jewellery or articles, add making charges — which vary widely, low for plain coins and higher for ornate work — and 3% GST. Use the calculator above to estimate the all-in cost for any weight.

Silver as an investment

Silver is a far cheaper entry point than gold and rides both safe-haven and industrial demand, but expect bigger swings. Common routes are coins and bars, or silver ETFs if you'd rather skip storage. Many investors track the gold-to-silver ratio — how many grams of silver equal one of gold — to judge whether silver looks cheap or dear.

We update these rates daily from live global prices and today's rupee rate. They're for reference — confirm with your dealer before buying.