New Delhi, India – 1 April 2026: The silver market showed slight weakness at the start of the new financial year, even as gold prices surged across the country. On Wednesday, silver prices remained under pressure due to profit booking and changing global trends, according to market reports.
Experts say that while gold is gaining due to safe-haven demand, silver has seen a mixed trend, with minor declines recorded in recent sessions. However, demand for silver in jewellery, utensils, and industrial use continues to support prices in the long term.
📊 Today’s Silver Price Table (India – 1 April 2026)
| Silver Type / Weight | Price (₹) | Details |
|---|---|---|
| Silver 999 (Pure) – 1 gram | ₹245 – ₹250 | Market average (pure silver) |
| Silver 999 – 10 grams | ₹2,450 – ₹2,500 | Standard retail pricing |
| Silver 999 – 100 grams | ₹24,500 – ₹25,000 | Bulk buying rate |
| Silver 999 – 1 kg | ₹2,45,000 – ₹2,50,000 | Major city average |
| Silver 925 (Sterling) | ₹225 – ₹235/gram | Used in jewellery |
| Silver Coins (Retail) | ₹2,600 – ₹2,800 (10g) | Includes premium & GST |
| Silver Jewellery | ₹260+ per gram | Includes making charges |
Prices are indicative and may vary by city, jeweller, and taxes.
📍 City-Wise Silver Rate Snapshot
- Delhi & Mumbai: Around ₹245–₹250 per gram
- Bangalore & Chennai: Around ₹245 per gram
- Other cities: Prices remain close with minor variations due to local demand
Earlier in March, silver touched levels near ₹300 per gram, but prices have corrected slightly in recent days.
🔎 Why Silver Prices Are Fluctuating
Market analysts highlight key reasons behind the current trend:
- Profit booking after previous highs
- Global economic signals affecting precious metals
- Industrial demand fluctuations (electronics, solar sector)
- Currency movement and import costs
📌 What It Means for Buyers
For consumers, this slight dip could be a good buying opportunity, especially for jewellery and silverware. Investors, however, are advised to watch global trends closely as silver remains more volatile than gold.
