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Silver Rate in India

MCX Closed
Spot Price
₹2,67,562.00 +5.89%+₹14,880.00

999 Fine per kg

Exchanges
🇮🇳 MCX
₹2,50,768
🇺🇸 COMEX
₹2,27,057
🇬🇧 LBMA
₹2,35,833
🇨🇳 SGE
₹2,51,872

Silver Rate by Weight & Fineness

Weight999995925
1g₹268₹266₹248
8g₹2,140₹2,132₹1,982
10gSTD₹2,676₹2,665₹2,477
100g₹26,756₹26,649₹24,774
1kg₹2,67,562₹2,66,491₹2,47,743
Weight900800970
1g₹241₹214₹260
8g₹1,928₹1,714₹2,078
10gSTD₹2,410₹2,143₹2,598
100g₹24,105₹21,426₹25,979
1kg₹2,41,047₹2,14,264₹2,59,795

By weight & fineness · MCX 999 benchmark per kg · Prices excl. GST (3%) & making charges

Gold Price Trend — India

Today's silver price in India on 19 May 2026 stands at ₹268 per gram for 999 fine silver, ₹248 per gram for 925 sterling silver, and ₹214 per gram for 800 utensil silver.

Silver Market — India

India is the world's largest consumer of silver, with annual demand exceeding 6,000 tonnes. Silver holds cultural and industrial significance across the country — from chandi utensils and temple idols to solar panel manufacturing and electronics. The domestic silver market is benchmarked to MCX (Multi Commodity Exchange) futures, with prices influenced by international spot rates (LBMA), the USD/INR exchange rate, customs duty (6% BCD since July 2024), and 3% GST. India's silver ecosystem spans bullion dealers, utensil manufacturers, and a growing industrial demand from the solar energy sector.

Silver Cities

Check today's silver rate across 31 major Indian cities