Silver Rate Today in India — Latest 999 Fine & 925 Sterling Prices

How to read today's silver rate in India

Silver is quoted differently from gold, moves for different reasons, and is bought for different purposes — here is how to use this page well.

Unlike gold, a large share of newly mined silver is consumed by industry — solar panels, electronics, medical uses — so the silver rate responds to both investment sentiment and industrial demand. It is also a smaller, faster market: day-to-day moves are typically sharper than gold's, in both directions.

In India, silver is bought mostly as utensils and articles (silverware carries GST at a different rate than jewellery), as jewellery, and increasingly as bars and coins for gifting. The rate above is per gram; jewellers commonly quote per 10 grams or per kilogram for bulk — the same rate, different units. Purity for articles is usually quoted as 92.5% ("sterling") or 99.9% fine.

• Buying articles or utensils: making charges on silver are typically a smaller share of the price than on gold, but ask whether the charge is by weight or per piece before comparing shops.
• Buying bars or coins: as with gold, compare the premium over the reference rate rather than sticker prices.
• Watching the market: the gold-silver ratio (how many grams of silver one gram of gold buys) is the classic cross-check — see both rates on our homepage and the longer view on charts.