Silver rate today in India
The indicative price of fine silver in rupees right now, from one gram to one kilogram, with the working shown.
What moves the silver price
Silver is both a precious metal and an industrial one. About half of world demand comes from industry, including solar panels and electronics, so silver tends to swing more sharply than gold. In India the rupee price also depends on the dollar exchange rate and on import duty, which rose to 15% on 13 May 2026.
Questions
Is GST charged on silver?
Yes, 3% on the value of the metal. Silver articles and jewellery may also carry making charges, which attract GST as part of the price.
What does 999 or 925 mean?
They are purity marks. 999 silver is 99.9% pure and is used for bars and coins. 925, or sterling silver, is 92.5% pure and is common in jewellery and utensils.
Can I invest in silver without buying it?
Yes. Silver ETFs and silver fund-of-funds, regulated by SEBI, track the silver price without storage or purity worries.
International price from Gold API, converted at the live rupee rate. Indicative only; not a dealing price.