J

John Andrew

Updated on Jun 16, 2026•news-current-topics

Silver Price in India Today: Rising, Falling, or Flat?

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5 Answers
V
Vrinda Shashwat
Making personal finance and investing easier to follow
Answered on Jun 15, 2026

Silver prices in India are rising today. The thing is, after witnessing fluctuations over the past few days, silver has moved higher on 15 June 2026, with prices increasing in many major cities across the country. 

As of today, the approximate silver prices in India are:

  • ₹265 per gram

  • ₹2,650 per 10 grams

  • ₹265,000 per kilogram

Keep in mind that prices may vary slightly depending on the city, jeweler, taxes, and making charges. 

I think there are several reasons why silver prices are moving upward today.

One major factor is the movement in international precious metal markets. Changes in global economic conditions, the value of the US dollar, and investor sentiment often influence silver prices in India.

Another reason is domestic demand. Silver is widely used not only for jewelry but also in industries such as electronics, solar energy, and manufacturing. When demand increases, prices often move higher.

The thing is, silver prices are also affected by the rupee's exchange rate because India imports a significant amount of silver. Any change in global silver prices or currency values can directly impact domestic prices. Recent market sentiment and geopolitical developments have also contributed to today's upward movement. 

Impact on Buyers or Investors

For buyers, a rise in silver prices means jewelry, coins, bars, and other silver products may become more expensive.

For investors, increasing prices may indicate positive market momentum. However, I think it is important not to make investment decisions based on just one day's movement. Silver prices can be quite volatile, so long-term goals and market conditions should also be considered.

If you are planning to buy silver for personal use, it is always a good idea to compare prices from different jewelers before making a purchase.

So, if you ask me whether silver prices in India are rising, falling, or flat today, the answer is rising. Silver is trading at around ₹265 per gram (₹265,000 per kg), with prices moving higher compared to the previous session. While today's trend is positive, silver prices can change daily based on global markets, currency movements, and domestic demand. 

Must Read: Is buying gold a wise method of saving?

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Fiinovation Company
fiinovation, silver price, silver price in india, global market, industrial demands
Answered on Jun 12, 2026

Silver prices in India are showing a mixed to slightly rising trend today, supported by global market movements and industrial demand. However, price changes remain modest, with rates varying across cities and dealers. Investors and buyers should monitor live market updates for the most accurate pricing before making purchase decisions.

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Nakul Chauhan
Digital Trends Explorer
Updated on Jun 5, 2026

Is the silver price increasing in India today

No — silver is flat to slightly down today.

Today's Rate (June 4, 2026)

Silver is trading at roughly ₹2,79,900 per kilogram in the domestic bullion market today, with prices remaining largely steady with minor fluctuations across major cities.

The Indian bullion market is seeing a phase of consolidation, with silver showing stability and a slight downward bias. The metal is trading in a tight, range-bound bracket.

City-wise Rates Today

CityPrice per kg
Delhi~₹2,79,900
Mumbai~₹2,80,000
Kerala/South India~₹2,89,900
Raipur~₹2,79,900 (lowest)

What's Driving Prices

Three primary factors are shaping silver's current price:

  • Global & industrial demand — COMEX trends and surging use in solar panels, EV manufacturing, and electronics are providing price support.
  • Geopolitics & US Dollar — Ongoing geopolitical uncertainties and dollar strength/weakness directly impact international commodity valuations.
  • Rupee-Dollar exchange rate — Domestic prices move with the USD/INR rate.

Bigger Picture: Where Prices Stand

Silver is trading at approximately $76 per ounce globally. Despite a 44% correction in March 2026, long-term forecasts remain bullish, with analysts projecting a recovery toward $95–$106 by year-end 2026, supported by a sixth consecutive global supply deficit and sustained industrial demand.

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Henry Cavill
Updated on Jun 5, 2026

No, the silver price in India is not increasing today (March 23, 2026)—it's actually dropping quite sharply.

From reliable sources like MCX and various bullion sites, silver is trading lower compared to yesterday:

  • MCX silver futures are around ₹201,700–₹210,000 per kg, down roughly ₹25,000 or about 11% from the previous close (around ₹226,772–₹227,000).
  • Physical/retail rates are showing similar declines—e.g., around ₹193,000–₹230,000 per kg (or ₹193–₹230 per gram), with drops of ₹11,000–₹15,000 per kg or 5–11% in many listings.

This aligns with a broader fall in global silver prices today (spot silver down significantly in USD terms too). So yeah, not a good day if you're holding or selling—prices are trending down right now. If you're thinking of buying, it might be a dip, but keep an eye on live updates since commodity prices move fast!

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K
Kamal Bhatt
Organic Gowth Expert
Answered on Mar 23, 2026

When we talk about the silver price in India today, March 23, 2026, the situation is very surprising for many people. If you are planning to buy silver for a wedding or as an investment, you must know that the price is actually decreasing sharply today. After a very big jump earlier this month where it hit record highs, the market is now cooling down.

As of today, Monday, March 23, the price of silver in India has fallen to approximately ₹230 per gram. This means a 1 kg bar of silver is now costing around ₹2,30,000. If we compare this to yesterday, there is a huge drop of about ₹15,000 per kilogram. In cities like Delhi, Mumbai, and Kolkata, the rates are almost the same, while in southern cities like Chennai and Hyderabad, you might see a small extra charge because of higher local demand.

Why is Silver Price Falling Today?

There are a few simple reasons why the price is going down right now:

  1. Global Market Pressure: In the international market, silver prices have dropped to around $67–$69 per ounce. Since India imports most of its silver, any change in the global rate affects our local prices immediately.

  2. Strong US Dollar: The US dollar is becoming very strong right now. When the dollar is strong, the price of precious metals like gold and silver usually falls because they become more expensive for people using other currencies.

  3. Profit Booking: Many investors who bought silver when it was cheap are now selling their stock to take their profits. This extra selling in the market is pushing the prices down.

  4. Geopolitical News: There are reports of some diplomatic talks regarding the Middle East conflicts. Whenever there is a hope for peace, the "safe-haven" demand for silver decreases, and the price starts to correct.

Is it a Good Time to Buy?

For a common man in India, silver is always considered "Poor Man's Gold." Even though the price has dropped today, we must remember that in early 2026, silver actually touched very high levels (even crossing ₹3 Lakh at one point). This current dip to ₹2,30,000 might look like a good chance for those who missed the earlier buying window.

However, experts suggest that the market is still very "volatile," which means the price can go up or down very quickly in one day. If you are buying for a long-term goal like a daughter's marriage or a 5-year investment, buying in small parts (SIP style) is better than putting all your money at once.

Always remember to check the hallmark before buying physical silver and ask your local jeweler about the 3% GST, which is extra on the market price. Today’s drop is a big relief for many, but keep a close eye on the news before making a big decision!

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