Silver Price in India Today – Latest Silver Rates per Gram & Kg

People of India are also emotionally associated with the value of silver. Here, the white metal is considered a symbol of purity, prosperity, and auspiciousness. Silver ornaments are quite popular among Indian women, and the demand for silver jewelry always remains strong. Since silver plays an important role in festivals and auspicious occasions, the sale of silver increases significantly around Diwali and other celebrations. The price of silver in India changes every day. If you want to buy silver, simply type “silver price” in Google’s search box and you will get the latest silver rate. Alternatively, you can check the current silver price by visiting silversrate.com directly. Here, you can also check the latest silver prices in your city and nearby areas.

Silver jewelry is quite popular in our country. Many Indian weddings and religious ceremonies are considered incomplete without silver items. One of the best things about silver is that it can be easily sold during times of financial need, making it a reliable asset.

Silver not only attracts Indian households but also appeals to investors. Many people buy silver coins, silver bars, and silver bricks for investment purposes. Investment experts usually recommend buying pure silver coins or bars instead of silver ornaments for investment. This is because silver jewelry includes making charges, which are not recovered when the jewelry is sold.

Check Silver Rate Today in India – Here you can find silver prices in different Indian states such as Delhi, Maharashtra, Chennai, Kerala, Tamil Nadu, and Andhra Pradesh. You can also check the latest gold price in India. We have listed today’s silver prices for all major states across India.

Gold Rate Today in Andhra Pradesh

1 Kilogram
₹ 320000
1Kg Silver Price in Andhra Pradesh

Gold Rate Today in Kerala

1 Kilogram
₹ 320000
1Kg Silver Price in Kerala

Gold Rate Today in West Bengal

1 Kilogram
₹ 350000
1Kg Silver Price in West Bengal

Gold Rate Today in Delhi

1 Kilogram
₹ 350000
1Kg Silver Price in Delhi

Gold Rate Today in Maharashtra

1 Kilogram
₹ 350000
1Kg Silver Price in Maharashtra

Gold Rate Today in Tamil Nadu

1 Kilogram
₹ 320000
1Kg Silver Price in Tamil Nadu

India retains a strong position in global silver consumption as well. As per reports published in newspapers, India is one of the largest importers and consumers of silver in the world. A major portion of silver imports in India is used to meet the growing demand of the jewelry industry, industrial usage, and investment purposes.

In India, silver prices are based on both national and international markets, and their fluctuations depend largely on market conditions. India has a well-developed tax structure with clearly demarcated authority between the Central and State Governments as well as local bodies. The Central Government levies taxes such as income tax (except agricultural income tax, which is levied by State Governments), customs duties, central excise, and service tax. Due to this variable tax structure, silver prices differ from state to state across India. Silver prices in India also vary based on weight and purity. Silver rates are generally available in different weights such as grams and kilograms (for example: 10 grams, 100 grams, 500 grams, and 1 Kg).

As we have been observing for several days that the value of the Indian Rupee is constantly declining, silver can be a suitable option to preserve the value of money. Silver coins and silver bars are among the most preferred forms of investment. In recent years, exchange-traded funds (ETFs) have also emerged as a popular and convenient way to invest in silver. An ETF is a type of mutual fund that is traded on the stock exchange like a regular stock. The ETF portfolio remains fixed as per predefined guidelines. Silver mutual funds and silver ETFs serve as good alternatives for investors who wish to invest in precious metals like silver without holding physical silver.