Silver prices in India have remained relatively stable today, holding the higher ground established over the past week. While gold saw a slight dip, silver continues to hover near the ₹2.75 lakh mark per kilogram in most major cities.
Retail Silver Rates in India (21 April 2026)
The rates below represent the average market price for 999 Pure Silver:
| Quantity | Today’s Price | Status |
| 1 Gram | ₹275 | — No Change |
| 10 Grams | ₹2,750 | — No Change |
| 100 Grams | ₹27,500 | — No Change |
| 1 Kilogram | ₹2,75,000 | — No Change |
City-Wise Silver Rates (per 1 Kg)
Regional variations exist due to local demand and transportation:
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Delhi: ₹2,75,000
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Mumbai: ₹2,75,000
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Bangalore: ₹2,75,000
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Chennai: ₹2,80,000
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Hyderabad: ₹2,80,000
Key Market Factors
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Stability After Surge: After a volatile month where prices dipped as low as ₹2.30 lakh in early April, the current price reflects a strong recovery and consolidation.
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Industrial Demand: High demand from the electronics and renewable energy sectors (especially solar panel manufacturing) in hubs like Bangalore is providing a solid floor for prices.
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Global Influence: While a strong US dollar is putting pressure on precious metals, silver’s dual role as both an investment and an industrial commodity is keeping it more resilient than gold today.
Important Note for Buyers
The prices mentioned above are exclusive of taxes. When purchasing physical silver:
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GST: A mandatory 3% GST will be added to the billing amount.
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Making Charges: For jewelry or silver articles, making charges typically range from 5% to 25% depending on the intricacy of the work.
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Purity Check: Ensure you look for the BIS Hallmark (typically 999 for coins/bars and 925 for sterling silver jewelry).
