Silver Rate Today in India
Per Gram
₹90
▲ +0.75%Per 10 Grams
₹899
Per 100 Grams
₹8,993
Per Kilogram
₹89,934
Silver Rate by Weight
| Weight | Silver Price (INR) |
|---|---|
| 1 gram | ₹90 |
| 5 grams | ₹450 |
| 10 grams | ₹900 |
| 50 grams | ₹4,500 |
| 100 grams | ₹9,000 |
| 250 grams | ₹22,500 |
| 500 grams | ₹45,000 |
| 1 kg | ₹90,000 |
About Silver Prices in India
Silver is the second most popular precious metal for investment and jewelry in India. Silver prices are determined by international spot prices (COMEX/LBMA), converted using the USD/INR exchange rate, and adjusted for customs duty and GST (3%).
Silver has significant industrial applications in electronics, solar panels, medical devices, and photography, which contributes to its price dynamics. Unlike gold, which is primarily driven by investment demand, silver prices are influenced by both investment and industrial demand, making it more volatile.
FAQs - Silver Rate Today
What is the silver rate today in India?
The silver rate today in India is approximately ₹90 per gram, ₹899 per 10 grams, and ₹89,934 per kilogram. Prices are based on international silver spot price converted to INR.
Is silver a good investment?
Silver can be a good investment for portfolio diversification. It is more volatile than gold but has significant industrial demand (electronics, solar panels, medical devices) in addition to investment demand. Silver typically has a higher percentage gain during bull markets compared to gold. Consider Silver ETFs or physical bars for investment.
What is the gold-to-silver ratio?
The gold-to-silver ratio indicates how many ounces of silver it takes to buy one ounce of gold. The current ratio is approximately 91:1. Historically, the ratio averages 60-70:1. A high ratio may indicate silver is undervalued relative to gold.
How much GST is on silver in India?
GST on silver in India is 3% on the silver value, same as gold. Additionally, 5% GST applies on making charges for silver jewelry. Silver bars and coins also attract 3% GST.