India · 31 May 2026 · Market closed (weekend)
National pricing
| Purity | 8 g | 10 g | 100 g |
|---|---|---|---|
Pure (.999) | ₹2,132.00 | ₹2,665.00 | ₹26,650.00 |
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Difference is vs. previous trading day
| Date | 999 |
|---|---|
31 May 2026 Sunday | ₹266.50(-13.50) |
30 May 2026 Saturday | ₹280.00(0.00) |
29 May 2026 Friday | ₹280.00(+5.00) |
28 May 2026 Thursday | ₹275.00(-11.00) |
27 May 2026 Wednesday | ₹286.00(+1.10) |
26 May 2026 Tuesday | ₹284.90(-0.10) |
25 May 2026 Monday | ₹285.00(0.00) |
999 · INR per gram · India · always shows latest, independent of selected date
Same national 999 rate
Today’s silver rate in India (31 May 2026) is ₹266.50 per gram for 999 fine silver, which works out to ₹2,66,500.00 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.
Today's 999 silver rate in India is ₹266.50 per gram, which works out to ₹2,66,500.00 per kilogram.
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.
