New Delhi | May 13, 2026
The Indian bullion market is witnessing a mixed trend in silver prices today. Amid steady industrial demand and international cues, silver rates are hovering around the ₹2.90 Lakh per kilogram mark.
Estimated Silver Rates Today in Major Cities
The table below provides the latest rates for 10 grams and 1 kilogram. This data is based on recent market updates (via goodreturns.in).
| City | Per 10 Grams (₹) | Per 1 Kilogram (₹) |
| Delhi | ₹29,000 – ₹30,000 | ₹2,90,000 – ₹3,00,000 |
| Mumbai | ₹29,000 – ₹30,000 | ₹2,90,000 – ₹3,00,000 |
| Chennai | ₹29,500 – ₹30,500 | ₹2,95,000 – ₹3,05,000 |
| Kolkata | ₹29,000 – ₹30,000 | ₹2,90,000 – ₹3,00,000 |
| Bengaluru | ₹29,000 – ₹29,500 | ₹2,90,000 – ₹2,95,000 |
| Hyderabad | ₹29,000 – ₹29,500 | ₹2,90,000 – ₹2,95,000 |
Factors Influencing Silver Price Volatility
- Industrial Demand: Unlike gold, silver is heavily used in electronics, solar panels, and medical devices. A boost in global manufacturing often drives silver prices higher.
- Safe-Haven Investment: During times of economic uncertainty, investors often turn to silver as a reliable alternative to gold.
- Local Taxes & Making Charges: Due to varying state VAT rates and jeweler making charges, prices can differ by ₹1,000 to ₹5,000 per kg across different regions.
Smart Tips for Buyers
- Purity Check: Always opt for 999 Purity silver bars or coins for investment. For jewelry, ‘Sterling Silver’ (925 purity) is the standard.
- GST: Please note that a 3% GST is applicable on the total value of the silver purchased.
- Certification: To ensure authenticity, always buy hallmarked products or purchase from reputable bullion dealers.
Disclaimer: The above prices are for informational purposes only and are based on early market trends from May 12-13. For exact rates, please contact your local bullion market or jeweler.
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