Silver Rates Today in India

The selected silver reference for India is dated 19 October 2026 and uses the provider's stated 999 purity. The rate cards and tables show Indian rupees per gram, per 10 grams and per kilogram, alongside the previous dated observation. This is a published reference for comparison, not a live exchange feed, a dealer offer or a promise of the amount on your invoice.

Start with the date, weight unit and purity rather than the largest number on a rate board. A national publisher series is useful for following the same reference over time. It does not establish the final selling or buyback price in every city. For an independently checked named-city board, see silver rates in Jaipur.

What today's silver reference means

Groww's national board explicitly dates its current observation to 19 October 2026 and labels it silver of 999 purity. Goodreturns' dated national current and yesterday tables agree numerically after matching the gram and kilogram units. That agreement supports the displayed reference; it is not independent certification of a physical product or a guarantee that every seller uses the same basis.

The historical table retains one selected provider's sequence. It is not assembled by taking whichever publisher offers the highest or lowest figure on each day. Its history column is identified as a gram-based series by matching the current row to the source's explicitly labelled one-gram table and checking the dated kilogram series. This contextual unit normalization is stated below the history table instead of being presented as an explicit label that the original history column did not contain.

The quote date belongs to the source observation. The check time records when TradeGrows read the board. They answer different questions: a recent check does not transform a daily observation into an intraday quote. No automatic refresh is connected. A later manually approved revision should recheck the date and units before replacing these figures.

Compare grams and kilograms correctly

One kilogram is 1,000 grams. Multiplying a per-gram reference by 10 gives a ten-gram metal-value illustration, and multiplying it by 1,000 gives the kilogram illustration. The quantity table makes those conversions explicit, including 8 grams and 100 grams. These scaled amounts do not represent five independently obtained dealer quotations.

Use the same unit on both sides of a comparison. A ten-gram coin's total price cannot be compared directly with a one-gram bullion reference. Similarly, a kilogram quote that includes other charges should not be treated as the same number as a metal-only illustration. Ask the seller to show weight, fineness and the price basis alongside the total.

The calculator on this page performs only the selected per-gram rate multiplied by entered grams. It does not calculate an invoice, certify purity, apply a default premium or determine tax treatment. Blank, negative and unsupported weights are rejected rather than being silently interpreted as free silver. Obtain a written itemised quote for the product you intend to buy.

Read the recent history without predicting returns

The ten observations are a record of the selected daily publisher series, not ten intraday trading sessions. Calendar-date observations can repeat. When two consecutive dates have the same figure, the derived change is zero; it does not prove that all retailers or exchanges were unchanged throughout that day.

Changes in the table are calculated from adjacent retained dates on the same unit and source basis. The oldest row has no previous observation within this displayed window, so its derived daily change is left unavailable. This is preferable to importing a different publisher's prior observation or reproducing an unsupported percentage.

The chart is simply another view of those same numbers. Its date range and rupee-per-gram scale are shown, and the table remains available for precise reading. The direction of a short line is not a forecast. A quiet run of observations can be followed by a sharp movement; past changes do not establish a safe entry price or expected profit.

Fine silver, sterling silver and hallmarking

A fineness label describes parts of silver per thousand. A 999 label means 999 parts per thousand, or 99.9%, while 925 means 925 parts per thousand, or 92.5%, and is commonly described as sterling silver. This page follows the selected source's 999 reference. It does not quote a separate retail rate for sterling jewellery.

Do not obtain a supposed 925 shop price by mechanically multiplying the 999 board rate by a purity fraction. Such arithmetic leaves out product form, labour, design, non-silver components, premiums, tax treatment and the seller's buyback assessment. Ask for a product-specific written calculation with net silver weight and stated fineness.

BIS describes hallmarking as the determination and official recording of precious-metal content. A dated Ministry of Consumer Affairs announcement, issued through PIB on 4 September 2025, describes voluntary HUID-based silver hallmarking from 1 September 2025 under IS 2112:2025. It lists seven grades: 800, 835, 925, 958, 970, 990 and 999. It also describes verification of hallmarked article details through BIS Care. Check current official guidance and the actual marking rather than treating an illustration, packaging statement or seller's verbal description as proof.

Separate metal value from the invoice total

Physical silver can be sold as bars, coins, ornaments and utensils. Their quotations may contain workmanship, design, product premiums, packaging, testing, delivery and taxes in addition to the stated metal value. The selected rate board does not establish the inclusion or exclusion of every charge for your transaction, so this page does not mark the reference tax-inclusive or tax-exclusive.

A useful invoice comparison separates the item description, gross weight, net silver weight, stated fineness, rate and weight unit, additional charges and final amount payable. For products with stones or other fittings, check whether their weight has been separated. If a charge is expressed as a percentage, ask which amount it is applied to.

Compare like-for-like products rather than only headline rates. Two quotations may use the same metal reference but different non-metal charges. Conversely, a product that costs less today may have less favourable resale or exchange terms. Keep the itemised bill and any purity or testing documentation. Do not assume a future buyer will reimburse the original workmanship or premium.

Physical silver, funds and futures are different exposures

Buying an article gives you a physical product whose storage, condition and resale arrangements matter. A silver-linked fund has its own scheme terms, expenses, tracking characteristics and market or redemption arrangements. A futures contract has contract-specific margin, expiry and settlement obligations. None of these is interchangeable with the publisher reference on this page.

Do not treat a silver fund unit as a fixed number of grams priced at the retail board rate, and do not assume a futures quotation equals the invoice for a physical bar. Check the instrument, currency, unit, contract or scheme documents and relevant costs before comparing them. The commodity trading overview explains the distinction between commodity references and trading contracts.

Silver prices can respond to international bullion conditions, currency movements, industrial demand, investment flows and liquidity. That broad context does not explain every daily observation or justify a price target. This page gives practical comparison information, not recommendations about which exposure to choose.

Check a quote before acting on it

Confirm the date, named market, currency, unit and purity. Ask whether the quoted amount is a buy price, sell price, metal reference or total product cost. Establish the source and distinguish the time it was checked from the time the source actually published or observed the rate. If figures differ, compare their basis rather than averaging them.

For a local purchase, obtain the seller's written price and terms. Ask how weight and fineness would be checked on resale, which fees or deductions could apply and what documentation is needed. If purity is disputed, BIS consumer guidance describes testing through recognised assaying and hallmarking centres; a web rate is not a substitute for testing an article.

The TradeGrows market-data method explains dated references and unavailable data. Our editorial policy describes source checking and corrections. For another precious-metal reference, see gold rates today in India, but do not apply a gold purity or jewellery calculation to silver without checking the specific product and source basis.

Sources and financial-information limits

The price source is Groww's national silver board, with Goodreturns used for the matching dated numerical cross-check. Hallmarking explanations use BIS and the dated Ministry of Consumer Affairs / PIB announcement. Provider names are given here for transparency; the page does not certify a retailer or claim that the observation is an official benchmark.

This information is educational and may become stale. There is no live feed, automatic update, buy/sell instruction, price target or promise of returns. Verify the product quote, charges and terms before a transaction. Read the financial-information disclaimer for further limitations.