India · 15 Jul 2026
National pricing
| Purity | 1 g | 10 g | 50 g | 100 g | 500 g | 1 kg |
|---|---|---|---|---|---|---|
Pure (.999) | ₹221.71 | ₹2,217.09 | ₹11,085.45 | ₹22,170.89 | ₹1,10,854.45 | ₹2,21,708.90 |
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Difference is vs. previous trading day
| Date | 999 |
|---|---|
15 Jul 2026 Wednesday | ₹221.71(+0.91) |
14 Jul 2026 Tuesday | ₹220.80(+0.55) |
13 Jul 2026 Monday | ₹220.25(-2.55) |
12 Jul 2026 Sunday | ₹222.80(+0.00) |
11 Jul 2026 Saturday | ₹222.80(-0.39) |
10 Jul 2026 Friday | ₹223.19(-3.45) |
9 Jul 2026 Thursday | ₹226.64(+1.75) |
999 · INR per gram · India · always shows latest, independent of selected date
Same national 999 rate
Today’s silver rate in India (15 Jul 2026) is ₹221.71 per gram for 999 fine silver, which works out to ₹2,21,708.90 per kilogram. Indian silver is treated as a national rate — unlike gold, there are no significant city-level premiums.
The rate is derived from the international silver spot price (in USD per troy ounce on the London Bullion Market and COMEX), converted to INR per gram and adjusted for import duty and dealer margins. MCX silver futures track the same underlying market.
Silver behaves as both a precious metal and an industrial commodity, which makes its price more volatile than gold. Investment flows respond to the same macro drivers as gold — dollar strength, real interest rates, and inflation expectations — while industrial demand from electronics, solar panels and EV batteries adds a separate cyclical layer.
The gold-to-silver ratio (currently the price of gold divided by the price of silver) is a closely watched indicator. A high ratio (above 80) is sometimes read as silver being undervalued; a low ratio (below 50) as silver being expensive. The ratio has historically averaged around 60.
999 fine silver (99.9% pure) is the bullion standard used for coins, bars and digital silver. It is too soft for daily-wear jewellery and tarnishes easily.
925 sterling silver (92.5% silver, 7.5% copper or other metals) is the global jewellery standard. It is hard enough for chains, rings and bangles, holds polish well, and is what most retail “silver jewellery” actually is. The rate on this page is for 999; sterling pieces are priced at roughly 92.5% of the 999 value, plus making and GST.
The formula is simple: weight in grams × purity fraction × today’s per-gram rate. Use 0.999 for fine silver, 0.925 for sterling, and 0.80–0.90 for older ornaments and utensils that pre-date hallmarking. At today’s rate of ₹221.71 per gram, a 100 g sterling payal is worth about ₹20,508.07 in metal value.
That metal value is what a buyer pays when you sell — making charges from the original purchase are not recoverable. For a full retail bill the other way round (buying, with making charges and GST), use the silver jewellery calculator.
BIS hallmarks silver at six fineness grades: 990, 970, 925, 900, 835 and 800. The stamp carries the BIS logo and the fineness number, the same scheme as gold. Unlike gold, silver hallmarking is still voluntary — which makes the stamp worth looking for, since unhallmarked “silver” items can be well below the purity claimed at the counter.
925 (sterling) is the jewellery standard; 800–900 grades are common in utensils, pooja items and older ornaments. The lower the fineness, the lower the metal value per gram when you sell.
Most of the world’s silver is consumed by industry, not jewellery: it is the best electrical conductor of any metal, so it goes into electronics, solar panels, EVs and medical equipment. Solar-cell manufacturing alone has become one of the largest single sources of demand.
This industrial weighting is why silver is more cyclical than gold — when manufacturing slows, silver demand drops in a way gold demand does not. India adds a heavy physical layer on top: it is among the world’s largest consumers of silver for jewellery, utensils and investment bars, and import volumes swing noticeably with the wedding and festival calendar.
Silver reacts with sulphur compounds in the air and turns yellow-brown, then black. Tarnish is surface-only — no metal value is lost — and comes off with a silver-polish cloth, a mild soap wash, or the classic home method of aluminium foil with baking soda in warm water. Store pieces in airtight pouches, away from rubber bands and direct contact with perfumes, and they tarnish far more slowly.
Sterling (925) actually resists daily wear better than fine silver, and rhodium-plated sterling barely tarnishes at all. Frequent gentle cleaning beats occasional aggressive polishing, which slowly wears the surface away.
Silver has its own fixed place in Indian tradition that gold does not fill: payals and toe rings are worn in silver by convention, utensils and pooja items are gifted in silver at weddings, and silver coins and lakshmi idols change hands at Dhanteras and Diwali. Festival weeks reliably lift physical demand — and local premiums on coins and bars — even when the international price is flat.
Because these purchases are weight-based, the per-kg rate on this page is the number to carry into the shop: a quoted price well above metal value × weight is making charge, and it is negotiable.
Today's 999 silver rate in India is ₹221.71 per gram, which works out to ₹2,21,708.90 per kilogram.
1 kg of 999 silver costs ₹2,21,708.90 today in India. The kilogram is the standard unit for Indian retail silver — bullion bars, utensils and payals are all quoted per kg, while the per-gram rate is handier for comparing against gold.
At today's 999 rate of ₹221.71 per gram, the metal value of 925 silver is about ₹205.08 per gram (92.5% of the fine-silver rate). Sterling jewellery is billed above its metal value once making charges and GST are added, and resale quotes are based on the metal value alone.
At today's rate, 10 g of silver costs about ₹2,217.09, 50 g about ₹11,085.45, and 100 g about ₹22,170.89. A troy ounce — the international trading unit — is about 31.1 g. These figures are metal value only; finished silverware adds making charges and GST.
Multiply weight in grams × purity fraction × today's per-gram rate. Purity is 0.999 for fine silver, 0.925 for sterling, and lower for older ornaments (often 0.80–0.90). For example, a 100 g 925-sterling item is worth about 100 × 0.925 × ₹221.71 ≈ ₹20,508.07 in metal value. For a full retail bill including making charges and GST, use the jewellery calculator on this site.
No. 925 (sterling) silver is 92.5% silver alloyed with 7.5% copper for hardness — pure silver is too soft for jewellery and utensils. 999 fine silver is the bullion standard used for bars and coins.
999 silver (also called fine silver) is 99.9% pure. It is the international standard for bullion bars and coins. Most silver jewellery is sold as 925 (92.5%, "sterling silver") because pure silver is too soft for daily wear.
Silver tracks international spot prices, the USD/INR rate, and industrial demand. Unlike gold, silver has heavy industrial use (electronics, solar panels, batteries) so its price reacts to manufacturing cycles as well as investment flows.
In India, retail silver is most often quoted per kilogram because the per-gram value is small. This page shows both: per gram for direct comparison with gold, and per kilogram for bullion-scale buying.
Silver has historically tracked gold but with much higher volatility. It is cheaper per unit, which makes accumulation easier, but the spread between buy and sell prices is wider than for gold. Most Indian investors use silver as a satellite holding alongside gold rather than a core one.
Silver is treated as a national price in India — there is no significant city-level premium the way there is for gold. The rate on this page is the national reference.
They behave differently. Silver — sometimes called the "poor man's gold" — is far cheaper per gram, which makes accumulation easier, but it is more volatile, carries a wider buy–sell spread, and its price leans on industrial demand cycles. Gold is the deeper, more liquid market with stronger resale infrastructure in India. Most Indian investors treat silver as a satellite holding alongside gold rather than a replacement for it.
No one can reliably forecast silver prices, and this site publishes data, not predictions. Silver's price depends on industrial demand (electronics, solar, EVs), investment flows, the gold–silver ratio and the USD–INR rate. Use the long-range chart on this page to study the trend yourself rather than relying on specific price targets.
