Silver Rate Today in India — 3 June 2026

Check live silver rates across major Indian cities. Updated in real-time with prices per gram and per kg.

📊 Silver Rate Today in India

Silver prices in India are driven by a unique combination of precious metal demand and industrial usage. Unlike gold, silver has significant industrial applications in electronics, solar panels, and medical devices, which heavily influence its pricing.

In 2026, silver prices have been particularly volatile due to the surge in green energy investments and the growing demand for solar panels worldwide. Understanding these dynamics is key for both investors and jewellery buyers.

Silver Rate Today in India - Live Silver Price Chart and Analysis

Current Silver Rates

Silver Rate History in India — Last 10 Days

Track the daily movement of silver prices across India. Historical price data helps identify trends and find the right time to buy silver or invest.

Silver Price History in India (1981–2026)

45 years of silver price data sourced from RBI & IBJA archives. Track how silver (per Kg) has performed across different time horizons for informed investment decisions.

Period:

Start Price

₹36,990

2016 · per Kg

Current Price

₹2,50,000

2026 · per Kg

CAGR

21.1%

per annum

Total Return

576%

+₹2,13,010

▼View Yearly Silver Price Data Table (2016–2026)
YearPrice (₹ per Kg)YoY Change
2026₹2,50,000-4.6%
2025₹2,62,000+173.8%
2024₹95,700+21.8%
2023₹78,600+42.6%
2022₹55,100-11.9%
2021₹62,572-1.4%
2020₹63,435+56.2%
2019₹40,600-1.9%
2018₹41,400+9.5%
2017₹37,825+2.3%
2016₹36,990-2.2%

Data Source: RBI Handbook of Statistics, IBJA, and MCX historical records. Prices reflect average annual silver rate per Kg in INR. Past performance is not indicative of future returns. Silver prices are subject to market risks.

What Affects Silver Prices in India?

🌐

International Silver Prices

Global benchmark prices on COMEX and London markets directly influence Indian silver rates.

💱

USD to INR Exchange Rate

A weaker rupee makes imported silver more expensive, increasing domestic prices.

🔬

Industrial Demand

Growing demand from electronics, solar panels, and 5G technology significantly drives silver prices.

☀️

Green Energy Expansion

Solar panel manufacturing uses massive amounts of silver, creating sustained upward pressure.

📈

Inflation & Interest Rates

Higher inflation pushes investors toward precious metals including silver as a hedge.

🎉

Festival & Seasonal Demand

Silverware and jewellery purchases spike during festive seasons and weddings in India.

Current Silver Market Trend

Silver prices have seen significant movement in recent months, driven by industrial demand and global market uncertainty. The metal's dual role as both an investment asset and an industrial commodity continues to make it one of the most dynamic precious metals to track.

Trend Direction

Bullish

Volatility

Very High

Key Driver

Industrial + Solar

Silver vs Gold: Quick Comparison

While gold is traditionally the preferred safe-haven asset, silver's industrial demand gives it a unique investment profile. Understanding the differences helps investors build a balanced precious metals portfolio.

Factor🥈 Silver🥇 Gold
VolatilityHighLow–Medium
Industrial UseVery High (Solar, Electronics)Limited
Investment TypeGrowth + IndustrialSafe Haven
LiquidityHighVery High
StorageBulky (Lower value per gram)Easy (High value per gram)
10-Year CAGR (India)~10-13%~12-14%
Best ForHigher risk-rewardLong-term stability
Green Energy Demand🔥 Very StrongMinimal
📊 View Full Silver vs Gold AnalysisView Gold Rates →

City-Wise Silver Rate Today

Compare live silver prices across India's major cities. Click any city for detailed rates, history & buying guide.

CityPer GramPer 100gPer KgChange
Note: Prices shown are for 999 fine silver. Rates may vary at jewellers due to making charges and GST. Click on any city name for detailed rates, calculator, and buying guide.

Why Track Silver Rates on gpaisa.in?

Live Market Data

Real-time silver prices updated directly from market feeds.

City-Specific Rates

Accurate rates for over 15 major Indian cities.

Smart Calculator

Calculate value for any weight instantly.

Understanding Silver Rates in India

Silver is a popular precious metal in India, used extensively in jewelry, silverware, and industry. Like gold, silver rates in India are influenced by international prices, currency fluctuations, import duties, and local demand.

Factors Impacting Silver Prices

  • Industrial Demand: Silver has massive industrial applications in electronics, solar panels, and medical devices.
  • Investment Demand: Investors buy silver as a hedge against inflation and currency devaluation.
  • USD/INR Rate: A weaker Rupee makes imported silver more expensive.
  • Green Energy: Solar panel manufacturing is one of the fastest-growing sources of silver demand globally.

Silver Weight Units

Silver is commonly traded in kilograms (kg) in the wholesale market, while retail prices are often quoted per 10 grams or per gram. 1 Kg = 1000 Grams.

💡 Silver Investment Guide for 2026

Silver offers unique investment opportunities due to its dual nature as both a precious metal and an industrial commodity. Here are the key ways to invest in silver in India:

Physical Silver

Silver bars, coins, and jewellery. Most traditional form but requires secure storage due to bulk.

Silver ETFs

Exchange-traded funds that track silver prices. No storage hassle, highly liquid, and trade on stock exchanges.

Silver Mutual Funds

Fund-of-funds that invest in Silver ETFs. Available through SIP for systematic investment.

Digital Silver

Buy silver online starting from ₹1. Available on investment platforms with easy buy/sell options.

Stay Updated with Silver Prices

Track silver rates across all major cities and make informed buying decisions.

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