Price, Charges & Tax
Silver Price History in India
Daily, monthly and year-wise silver price trend.
Rates as on 29 September 2026 · Updated 29 September 2026
Today’s silver (Delhi)
₹2,40,000/kg
₹240 per gram, excl. GSTOverview
Silver went through a historic rally in 2024–2026, crossing ₹1 lakh per kg in October 2024 and touching about ₹3.5 lakh per kg in February 2026 before a sharp correction. The tables below show recent daily and monthly ranges and a long-term view.
| Particular | Details |
|---|---|
| All-time high (2026) | ≈ ₹3,50,000/kg (Feb 2026) |
| Crossed ₹1 lakh/kg | October 2024 |
| Current (29 Sep 2026) | ≈ ₹2,40,000/kg retail |
Last 10 days (per kg)
| Date | Per gram | Per kg |
|---|---|---|
| 29 Sep 2026 | ₹240 | ₹2,40,000 |
| 26 Sep 2026 | ₹250 | ₹2,50,000 |
| 25 Sep 2026 | ₹250 | ₹2,50,000 |
| 24 Sep 2026 | ₹250 | ₹2,50,000 |
| 23 Sep 2026 | ₹255 | ₹2,55,000 |
| 22 Sep 2026 | ₹255 | ₹2,55,000 |
| 21 Sep 2026 | ₹260 | ₹2,60,000 |
| 20 Sep 2026 | ₹260 | ₹2,60,000 |
| 19 Sep 2026 | ₹260 | ₹2,60,000 |
| 18 Sep 2026 | ₹255 | ₹2,55,000 |
2026 monthly range (per kg)
| Month | Lowest | Highest |
|---|---|---|
| Sep 2026 | ₹2,40,000 | ₹2,55,000 |
| Aug 2026 | ₹2,35,000 | ₹2,60,000 |
| Jul 2026 | ₹2,30,000 | ₹2,50,000 |
| Jun 2026 | ₹2,14,310 | ₹2,98,000 |
| May 2026 | ₹2,55,000 | ₹3,10,000 |
| Apr 2026 | ₹2,33,470 | ₹2,75,000 |
| Mar 2026 | ₹2,80,000 | ₹3,15,000 |
| Feb 2026 | ₹2,75,000 | ₹3,50,000 |
| Jan 2026 | ₹2,38,000 | ₹2,48,000 |
Year-wise (approximate, per kg)
| Year | Price level | Key driver |
|---|---|---|
| 2026 (Jan–Sep) | ₹2.1 – 3.5 lakh | All-time high ≈ ₹3.5 lakh/kg in Feb 2026, then sharp correction |
| 2025 | Rallied past ₹1.5 lakh | Global silver crossed $50/oz; solar & industrial demand |
| 2024 | ≈ ₹87,000 avg | Crossed ₹1 lakh/kg in October 2024; import duty cut to 6% |
| 2023 | ≈ ₹74,000 | Industrial demand recovery |
| 2022 | ≈ ₹62,000 | Silver ETFs launched in India |
| 2021 | ≈ ₹66,000 | Post-pandemic recovery |
| 2020 | ≈ ₹62,500 | Pandemic rally from ≈ ₹35,000 lows |
| 2019 | ≈ ₹40,600 | Rate cuts globally |
| 2018 | ≈ ₹38,000 | Range-bound |
| 2017 | ≈ ₹39,000 | GST at 3% |
Frequently asked questions
Why did silver rise so much?
Record industrial demand (solar, electronics), supply deficits and investment flows.
Is silver riskier than gold?
Yes — historically it swings more in both directions.
Silver rates are indicative market references (29 September 2026) and change during the day. Rules on tax, hallmarking and investment products can change — verify with official sources. FinancePortal does not sell silver.