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Silver Rate in India Today
In its physical form, silver has been traditionally used to make jewellery and also as store of wealth by leveraging its status as a precious
metal. In recent years, beyond its traditional use in jewellery, silver has witnessed significant interest due to its numerous industrial
applications as well as an investment option that acts as a hedge against inflation and market volatility. Since the price of silver changes on a
daily basis, knowing the latest rate can help you time your purchase or sale so that you can leverage a lower or higher silver price. On
7th July 2026, the price of 10 gram of 999 silver (99.9% purity) in India is ₹ 2,410. This means that today, to buy 1 gm of silver 999
in India, you will have to spend ₹ 241.
India
₹ 241/ g
+₹8 (+3.43%)
Silver Rates Today in India
Compare today's rates across major Indian cities
| Gram | Today | Yesterday |
|---|---|---|
 1 Gram | ₹ 241 Rate increased | ₹ 233 Rate increased |
 10 Gram | ₹ 2,410 Rate increased | ₹ 2,330 Rate increased |
 100 Gram | ₹ 24,100 Rate increased | ₹ 23,300 Rate increased |
 1 Kilogram | ₹ 2,41,000 Rate increased | ₹ 2,33,000 Rate increased |
Silver 999
On 7th July 2026, 100 gm of silver 999 costs ₹ 24,100. Whereas, the cost of 1 kg of 999 silver ₹ 2,41,000. The traditional tola is equivalent to around 12 gm of silver. In India, 1 tola of silver 999 is available for ₹ 2,892 today.
Silver 999 refers to silver that is of 99.9% purity and is commonly available in India
999 Silver has been traditionally used to make bars and coins but not jewellery
Silver 999 is also considered investment grade and held by silver ETFs usually in the form of bullion bars
Sterling Silver / Silver 925
In India, typically the price of sterling silver is not tracked by spot or futures markets in India. So, individual jewellers can set the price of silver 925 independently. That said, silver 925 price will follow a price trend similar to pure 999 silver in India. So, today's silver 999 rate for 1 tola of ₹ 2,892 will have direct impact on how much 1 tola of silver 925 will cost on 7th July 2026.
Sterling Silver or Silver 925 in India features a purity of 92.5%
As Silver 925 is harder than Silver 999 it is ideal for fashioning jewellery and ornaments
Currently Silver 925 price is linked to the price if pure 999 Silver
Why Does the Price of Silver Change Daily?
Today's silver 999 price in India of ₹ 24,100 per 100 gm on 7th July 2026 is influenced by a wide range of factors. These include:
Price of 999 Silver on global spot market, such as London Bullion Market Association (LBMA)
Exchange rate of the Indian₹ versus foreign currencies such as the US$
The price trend of silver on the MCX Market for July 2026
Current import duty, GST on silver imports as well as local demand of silver in India
So, if the price of silver 999 has increased on international spot market recently, the price of ₹ 2,410 for 10 gm of silver in India
on 7th July 2026 would have shown a similar rising trend. This trend would also be visible in case you are purchasing 1 kg of silver 999 for
₹ 2,41,000 or 1 tola of silver 999 for ₹ 2,892 today.
Silver ETF in India Vs Physical Silver
Compare parameters like liquidity, storage, costs, and entry limits
| Parameters | Physical Silver | Silver ETFs |
|---|---|---|
| Liquidity | Moderate. Local buyers play an important role | High. They can be traded like shares on stock exchanges |
| Storage | Locker required | No physical storage required. |
| Costs | 3% GST at the time of purchase | Expense ratio 0.5-1%. No GST |
| Minimum Entry | No minimum entry | ₹500 per unit |
Difference Between 999 Silver and 925 Silver Rates
Compare purity, price, durability, and common use cases
| Parameters | (Fine Silver) 999 Silver | (Sterling Silver) 925 Silver |
|---|---|---|
| Purity | 99.9% pure silver | 92.5% pure silver. 7.5% alloyed with other metals (copper mostly) |
| Per gram | Higher | Lower, mostly 7%-8% cheaper |
| Common Uses | Purchased as bars, coins, bullion for investment purpose | Purchased as Jewellery, ornaments, etc. for more durability |
| Durability | Can get scratches or breakage | Hard. Common for daily usage |
999 Silver Rates in India
Compare today's rates across major Indian cities
| Date | 999 Silver Rate/ gm |
|---|---|
| ₹ 216 |
| ₹ 216 |
| ₹ 219 |
| ₹ 225 |
| ₹ 225 |
| ₹ 228 |
| ₹ 228 |
| ₹ 223 |
| ₹ 233 |
| ₹ 241 |
Tip : Track daily price movements to identify the best time to buy silver. Historical trends show that prices fluctuate throughout the week.
Calculate Your Silver Rate
Price Breakdown
Total Silver
36622.93 g
Base Price
₹ 88.26 L
Making Charges
₹ 8.83 L
GST
₹ 2.91 L
Got questions? We’d love to answer
What is the price of 10 grams of silver in India on 7th July 2026?
10 grams of 999 purity silver in India costs ₹ 2,410 on 7th July 2026. This is calculated as 10 × ₹ 241 (today's per gram rate).
What is the silver rate in India today?
The silver rate in India today on 7th July 2026 is ₹ 241 per gram for 999 purity silver.
What is the price of 100 grams of silver in India today?
100 grams of silver costs ₹ 24,100 in India as of 7th July 2026. For bulk quantities, contact local bullion dealers in India.
What is the 1 kg silver price in India today?
The price of 1 kg (1000 grams) of 999 purity silver in India on 7th July 2026 is ₹ 2,41,000.
What is the price of 1000 grams of silver in India today?
1000 grams of 999 purity silver in India is priced at ₹ 2,41,000 on 7th July 2026. This is the same as the 1 kg rate.
What is the silver rate in India in July 2026?
In July 2026, the silver rate in India has ranged between ₹ 216 and ₹ 271 per gram. The monthly average is approximately ₹ 247.25 per gram.
Did the silver rate change in India today compared to yesterday?
Yes, the silver rate in India has changed by +3.43% compared to yesterday. The overall change is +₹8 (+3.43%).
What is the silver rate per gram in India for 999 purity?
For 999 purity (fine silver), the rate in India is ₹ 241 per gram on 7th July 2026. 999 purity means the silver is 99.9% pure.
Is GST applicable on silver purchase in India?
Yes, GST at 3% is applicable on all silver purchases in India and across India. The effective cost of 1 gram of silver after GST in India today is approximately ₹ 248.
What is the weekly high and low silver rate in India?
This week, the silver rate in India reached a high of ₹ 241 per gram and a low of ₹ 223 per gram. The weekly average is ₹ 229 and the weekly trend is +8.07%.
How does the silver rate in India compare to other cities?
The silver rate in India is ₹ 241/gram on 7th July 2026. Silver rates across India are largely uniform as they are derived from MCX prices, with minor variation due to local taxes and dealer margins.
What was yesterday's silver rate in India?
The silver rate in India changed by +3.43% compared to yesterday. Today's rate is ₹ 241 per gram. The change is +₹8 (+3.43%).
What is the silver rate in India for 7th July 2026?
On 7th July 2026, the silver rate in India is ₹ 241 per gram, ₹ 2,410 for 10 grams, ₹ 24,100 for 100 grams, and ₹ 2,41,000 for 1 kg.
How is the silver rate determined in India?
The silver rate in India is based on the MCX silver futures price, which tracks the international LBMA spot price. As of 7th July 2026, these factors result in a rate of ₹ 241/gram in India.
What is the silver rate forecast for India in July 2026?
Based on the trend in July 2026, silver in India has shown a +25.46% trend. The monthly low is ₹ 216 and high is ₹ 271 per gram. Note: silver prices are market-driven and subject to change.