Live commodity rate
Silver rate today in India (live)
Silver · ₹ / kg · MCX front-month futures
₹2,34,098.00
−₹10,115.00 (-4.32%)
Live · last updated 10 Sept 2026, 11:10 pm IST
Open
2,43,292.00
Previous close
2,34,098.00
Day high
2,44,300.00
Day low
2,33,500.00
| Quantity / purity | Rate today |
|---|---|
| Silver — 1 gram | ₹234.10 |
| Silver — 10 grams | ₹2,340.98 |
| Silver — 100 grams | ₹23,409.80 |
| Silver — 500 grams | ₹1,17,049 |
| Silver — 1 kilogram | ₹2,34,098 |
| Silver — 5 kilograms | ₹11,70,490 |
Physical silver rate today (official IBJA rate)
These are the published India Bullion & Jewellers Association (IBJA) rates — the actual physical silver benchmark jewellers and banks bill against, excluding GST and making charges. The 999 rate is down ₹1,607 (−0.68%) versus the previous publication.
| Purity | 1 gram | 100 grams | 1 kilogram | 5 kilograms |
|---|---|---|---|---|
| Silver 999 (fine) | ₹233.64 | ₹23,364 | ₹2,33,642 | ₹11,68,210 |
Physical silver price today (estimated retail bill)
Coins, bars and silver articles at today's official IBJA physical rate: metal value plus a dealer or making premium, plus 3% GST on metal and 5% GST on making charges.
| Item | Metal value | Making / premium | GST | You pay |
|---|---|---|---|---|
| Silver coin — 10 g (premium 12%) | ₹2,336 | ₹280 (12% minting) | ₹84 | ₹2,701 |
| Silver coin — 50 g (premium 8%) | ₹11,682 | ₹935 (8% minting) | ₹397 | ₹13,014 |
| Silver bar — 100 g (premium 5%) | ₹23,364 | ₹1,168 (5% premium) | ₹759 | ₹25,292 |
| Silver bar — 1 kg (premium 3%) | ₹2,33,642 | ₹7,009 (3% premium) | ₹7,360 | ₹2,48,011 |
| Silver payal / articles — 100 g (making 15%) | ₹23,364 | ₹3,505 (15% making) | ₹876 | ₹27,745 |
Estimates only. Small coins carry the highest premium per gram; 1 kg bars the lowest. Utensils and payal/articles are billed with making charges of 10–20%. Dealers usually buy back on metal value only.
What moves this price
- • Global spot silver (COMEX) and the gold–silver ratio.
- • The rupee–dollar rate, since India imports most of its silver.
- • Industrial demand — solar panels, electronics and EV wiring absorb a large share of supply.
- • Import duty and GST on bullion.
- • Investor flows into silver ETFs and coins during risk-off phases.
All commodity rates today
| Commodity | Unit | Price | Change | Day range |
|---|---|---|---|---|
| Gold | ₹ / 10 g | 1,52,400.00 | -0.89% | 1,51,400.00 – 1,54,450.00 |
| Silver | ₹ / kg | 2,34,098.00 | -4.32% | 2,33,500.00 – 2,44,300.00 |
| Crude Oil | ₹ / barrel | 9,729.00 | +6.48% | 9,064.00 – 9,774.00 |
| Natural Gas | ₹ / mmBtu | 270.20 | +0.19% | 264.70 – 270.80 |
| Copper | ₹ / kg | 1,372.45 | -3.79% | 1,370.00 – 1,430.90 |
| Zinc | ₹ / kg | 415.05 | -3.37% | 414.90 – 429.95 |
| Aluminium | ₹ / kg | 349.60 | -1.76% | 349.40 – 356.70 |
| Nickel | ₹ / kg | 1,609.80 | -0.11% | 1,579.00 – 1,619.00 |
Frequently asked questions
What is the silver rate today in India?
MCX front-month silver futures are at ₹2,34,098.00 per kilogram, down 4.32% (−₹10,115.00) from the previous close. That is roughly ₹234.10 per gram and ₹23,409.80 per 100 grams, excluding GST and dealer premiums.
Why does silver move more than gold?
Silver is a smaller, less liquid market with heavy industrial usage, so both investment flows and factory demand hit the same price. Daily swings are typically 1.5 to 2 times gold's.
Is this the retail silver price?
No. It is the wholesale futures price. Coins, bars and jewellery add 3% GST plus a dealer or making premium, so retail invoices run above this rate.
What does physical silver cost today for a 1 kg bar?
Take the metal value (about ₹2,34,098 per kg today), add a dealer premium of roughly 3% on a 1 kg bar, then 3% GST on metal and 5% GST on the premium — the physical silver table above shows that split for coins, bars and articles.
What are MCX silver trading hours?
9:00 am to 11:30 pm IST (11:55 pm during US daylight-saving), Monday to Friday. The page shows the last traded price when the market is closed.
Prices are MCX front-month futures via Upstox, refreshed every minute during market hours. Retail rates differ after GST, making charges and dealer margins. For information only, not investment advice.