💥 Silver Rate Today: Complete India Guide with State-Wise Prices (Updated Live)
Introduction: Why Everyone Is Talking About Silver Rate Today
If you searched for silver rate today, you’re not alone. From investors and traders to wedding shoppers and jewellery lovers, everyone wants to know one simple thing — what is the price of silver today and where is it heading?
Silver is no longer just a precious metal for ornaments. It’s an investment asset, an industrial metal, and a safe-haven option during uncertain times. Prices move daily — sometimes sharply — influenced by global markets, the dollar, inflation, and demand inside India.
In this detailed guide, you’ll get everything in one place — today’s silver price, state-wise rates, global price logic, buying tips, MCX vs retail comparison, FAQs, and a short market outlook — explained in simple, human language.
📊 Silver Rate Today in India (Live Snapshot)
As of today (29 December 2025, IST), silver prices in India are trading near record levels.
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Average Silver Price: ₹258–₹262 per gram
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Silver Price per 10 grams: ₹2,580–₹2,620
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Silver Price per kg: ₹2,58,000–₹2,62,000
⚠️ Prices may vary slightly depending on city, dealer premium, GST, and making charges.
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🌍 Global Silver Price Today (USD Snapshot)
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Global spot silver: USD $78–$80 per ounce
🔁 How Global Price Converts to India Price (Simple Math)
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1 troy ounce = 31.1035 grams
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Assume spot price = $79/oz
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USD–INR ≈ ₹85
Calculation:
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$79 × 85 = ₹6,715 per ounce
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₹6,715 ÷ 31.1035 ≈ ₹216 per gram (spot)
➡️ Retail prices are higher due to taxes, transport, margins, and demand.
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🗺️ State-Wise Silver Rate Today (India)
⚠️ Exact retail prices are not published separately for every state daily.
Below rates are reliable market-based ranges derived from metro prices, bullion dealer data, and national averages.
| State / UT | ₹ / gram | ₹ / 10g | ₹ / kg | Type | Updated (IST) | Source |
|---|---|---|---|---|---|---|
| Andhra Pradesh | 250–280 | 2,500–2,800 | 2,50,000–2,80,000 | Retail Spot | 29 Dec 2025 | GoodReturns |
| Arunachal Pradesh | 245–270 | 2,450–2,700 | 2,45,000–2,70,000 | Retail | 29 Dec 2025 | CreditMantri |
| Assam | 248–272 | 2,480–2,720 | 2,48,000–2,72,000 | Retail | 29 Dec 2025 | CreditMantri |
| Bihar | 250–265 | 2,500–2,650 | 2,50,000–2,65,000 | Retail | 29 Dec 2025 | Market Avg |
| Chhattisgarh | 248–268 | 2,480–2,680 | 2,48,000–2,68,000 | Retail | 29 Dec 2025 | Market Avg |
| Delhi | 258 | 2,580 | 2,58,000 | Retail Spot | 29 Dec 2025 | GoodReturns |
| Goa | 252–270 | 2,520–2,700 | 2,52,000–2,70,000 | Retail | 29 Dec 2025 | Market Avg |
| Gujarat | 250–265 | 2,500–2,650 | 2,50,000–2,65,000 | Retail | 29 Dec 2025 | Market Avg |
| Haryana | 255–270 | 2,550–2,700 | 2,55,000–2,70,000 | Retail | 29 Dec 2025 | Market Avg |
| Karnataka | 258 | 2,580 | 2,58,000 | Retail Spot | 29 Dec 2025 | GoodReturns |
| Kerala | 255–275 | 2,550–2,750 | 2,55,000–2,75,000 | Retail | 29 Dec 2025 | Market Avg |
| Madhya Pradesh | 248–265 | 2,480–2,650 | 2,48,000–2,65,000 | Retail | 29 Dec 2025 | Market Avg |
| Maharashtra | 258 | 2,580 | 2,58,000 | Retail Spot | 29 Dec 2025 | GoodReturns |
| Punjab | 255–270 | 2,550–2,700 | 2,55,000–2,70,000 | Retail | 29 Dec 2025 | Market Avg |
| Rajasthan | 250–270 | 2,500–2,700 | 2,50,000–2,70,000 | Retail | 29 Dec 2025 | Market Avg |
| Tamil Nadu | 281 | 2,810 | 2,81,000 | Retail Spot | 29 Dec 2025 | GoodReturns |
| Telangana | 281 | 2,810 | 2,81,000 | Retail Spot | 29 Dec 2025 | GoodReturns |
| Uttar Pradesh | 250–265 | 2,500–2,650 | 2,50,000–2,65,000 | Retail | 29 Dec 2025 | Market Avg |
| West Bengal | 258 | 2,580 | 2,58,000 | Retail Spot | 29 Dec 2025 | GoodReturns |
| All UTs (Avg) | 245–285 | 2,450–2,850 | 2,45,000–2,85,000 | Retail | 29 Dec 2025 | CreditMantri |
⚖️ MCX Futures vs Retail Silver — What’s the Difference?
🔹 Retail Silver
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Physical silver (bars, coins, jewellery)
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Includes GST + dealer margin
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Suitable for long-term holding
🔹 MCX Silver Futures
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Paper contracts
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High volatility
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Used for trading & hedging
👉 Today’s MCX silver futures hover near ₹263/kg equivalent, slightly different from retail due to contract dynamics.
💡 Factors Affecting Silver Rate Today
1. Global Spot Price
International demand pushes prices up or down.
2. USD–INR Movement
Weak rupee = higher silver prices in India.
3. Industrial Demand
Silver is heavily used in solar panels, EVs, electronics.
4. Festival & Wedding Demand
India sees demand spikes during festive seasons.
5. Taxes & Premiums
GST, transport cost, and dealer margin add to retail price.
🛒 Practical Tips to Buy Silver Smartly
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✔️ Buy 999 purity silver for investment
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✔️ Always ask for bill + purity certificate
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✔️ Compare prices from 2–3 dealers
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✔️ Prefer bars/coins over jewellery for lower charges
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✔️ Store safely (locker or insured storage)
📈 Silver Market Outlook (Short & Clear)
Silver has delivered one of its strongest rallies in years. Analysts say industrial demand and global uncertainty may keep prices elevated, but short-term corrections are possible.
What to watch:
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Inflation data
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Dollar index movement
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Industrial demand (solar & EV sector)
❓ FAQs — Silver Rate Today
Q1. What is silver rate today in India?
A: Currently, the rate is hovering around **₹258–₹262 per gram**, though this varies slightly between different cities and dealers.
Q2. Why does silver price change daily?
A: Prices fluctuate due to **global market trends**, the movement of the US Dollar, international demand-supply balance, and import duties.
Q3. Is silver cheaper than gold?
A: **Yes**, silver is much more affordable than gold, making it accessible for small investors, though it tends to be more volatile in price.
Q4. Is MCX price same as shop price?
A: **No.** MCX reflects the futures market (trading), whereas local shops charge for **physical silver**, which includes making charges, taxes, and dealer margins.
Q5. Is silver a good investment in 2025?
A: For **diversifying your portfolio**, yes. However, investors should be prepared for sharp ups and downs compared to other assets.
Q6. Which silver purity is best?
A: **999 (99.9%) purity** is considered the best and standard for investment purposes like coins and bars.
Q7. Does GST apply on silver?
A: **Yes**, a 3% GST is applicable on the value of silver, and additional taxes may apply on jewellery making charges.
Q8. Can I buy silver online?
A: Yes, you can buy digital silver or physical coins online, but ensure you only use **trusted and certified platforms**.
Q9. Why is silver costlier in some states?
A: Differences arise due to **local demand, transportation costs, octroi**, and the varying profit margins of local bullion associations.
Q10. Is silver used in industries?
A: **Yes**, silver has massive industrial use in electronics, solar panels, and Electric Vehicles (EVs), which often drives its market value.
Q11. Is it better to buy coins or jewellery?
A: **Coins and bars** are better for investment because of lower making charges. Jewellery is ideal for personal use but has higher costs.
Q12. Should I buy silver today or wait?
A: If you are a long-term investor, **small dips in price** are generally considered good buying opportunities. Avoid timing the market perfectly.