Today's silver price in rupees, worked out from the live international price, the live dollar rate and India's import duty. Prices update every 10 seconds.
Silver: ₹2,16,335 per kg (₹216/g). The rate is down 1.96% from the previous day. International spot: $60.99/oz at ₹95.93 per dollar. Prices exclude 3% GST.
| Weight | Silver (999) | Sterling (925) |
|---|---|---|
| 1 gram | ₹216 | ₹200 |
| 10 grams | ₹2,163 | ₹2,001 |
| 1 tola (11.66 g) | ₹2,523 | ₹2,334 |
| 100 grams | ₹21,633 | ₹20,011 |
| 500 grams | ₹1,08,167 | ₹1,00,055 |
| 1 kg | ₹2,16,335 | ₹2,00,109 |
Before 3% GST. With GST, 10 g of silver costs about ₹2,228.
Based on the Kinesis Silver token price (1 token = 1 troy ounce), converted at today's dollar rate plus 15% duty.
| Date | Per 10 g | Per kg | Change |
|---|---|---|---|
| 28 Sep 2026 | ₹2,180 | ₹2,17,955 | 1.96% |
| 27 Sep 2026 | ₹2,223 | ₹2,22,311 | 1.49% |
| 26 Sep 2026 | ₹2,257 | ₹2,25,676 | 0.12% |
| 25 Sep 2026 | ₹2,259 | ₹2,25,947 | 1.74% |
| 24 Sep 2026 | ₹2,221 | ₹2,22,075 | 2.08% |
| 23 Sep 2026 | ₹2,268 | ₹2,26,795 | 4.02% |
| 22 Sep 2026 | ₹2,363 | ₹2,36,298 | 1.17% |
| 21 Sep 2026 | ₹2,336 | ₹2,33,571 | 0.88% |
| 20 Sep 2026 | ₹2,356 | ₹2,35,639 | 0.75% |
| 19 Sep 2026 | ₹2,339 | ₹2,33,892 | 0.66% |
Each day's closing international price (India time) at that day's reference dollar rate, plus 15% duty, before GST. Weekend rows follow round-the-clock token trading while bullion markets are shut.
Gold and silver are priced worldwide in US dollars per troy ounce (31.1035 grams). India imports almost all the silver it uses, so the Indian rate starts from that global price:
The government raised the effective import duty on gold and silver bullion from 6% to 15% on 13 May 2026 to slow imports and support the rupee. That change alone lifted Indian prices by roughly 8% overnight, and it is why the Indian rate now sits well above the world price.
Rates also differ slightly between cities and shops because of transport, local demand and each jeweller's margin. Chennai, Mumbai, Delhi and Kolkata associations each publish a daily rate, and these usually sit within about 1% of the figure above. Check your jeweller's board rate before you buy.
Also see today's gold rate and the USD to INR rate, which moves Indian silver prices every day.
Silver (999 fine) is about ₹216 per gram and ₹2,16,335 per kg today, 28 Sep 2026, before 3% GST. Local jewellers' rates are usually within about 1% of this.
Sterling silver is 92.5% silver mixed with copper for strength, and is used for jewellery and utensils. Its metal value is about ₹200 per gram today. Coins and bars are usually 999 fine silver.
Since 13 May 2026 silver imports carry an effective duty of 15%, up from 6%, which lifts the Indian rate about 15% above the global spot price in rupees. 3% GST is added when you buy.
3% GST applies to silver coins, bars, jewellery and articles, usually on the full bill including making charges.
Silver is a much smaller market, and about half of demand comes from industry, such as solar panels and electronics. That makes its price swing harder than gold in both directions. Over the last 12 months silver moved +37.5% in dollars.
About ₹2,16,335 today before GST, or about ₹2,22,825 with 3% GST.