Silver Rate Today in Mumbai

Updated on 12th Nov, 2026

Silver / 1 kg

Silver / 1 kg

₹1,82,628.82-₹2,251.28 (-1.22%)
Silver / 10 g

Silver / 10 g

₹1,826.29-₹22.51 (-1.22%)

The silver rate in Mumbai today is ₹₹1,82,628.82 per kilogram and ₹₹1,826.29 per 10 grams, reflecting the latest movement in the silver market since the last update on 12th Nov, 2026. Whether you're planning to buy silver coins, bars, or jewellery, tracking the silver price today will help you make informed decisions. You can also monitor the 1 gram silver rate in India today and follow dynamic silver price trends to better time your purchases and investments.

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1 kg, 100 g, 10 g, 8 g & 1 g Silver Price Today In Mumbai

Gram Silver Price
1kg₹1,82,628.82
100g₹18,262.88
10g₹1,826.29
8g₹1,461.03
1g₹182.63

Silver Price Calculator

Silver bars
Total Silver Price₹ 1,881.08
  • Weight10 × 1 g
  • Base Value₹1,826.29
  • Subtotal₹1,826.29
  • GST (3%)₹54.79

Silver Rate Trend in Mumbai

Silver Prices in Mumbai for Last 10 Days

Date1 kgChange in %10 gChange in %
12-Nov-2026₹1,82,628.82-1.22%₹1,826.29-1.22%
11-Nov-2026₹1,84,880.10-1.39%₹1,848.80-1.39%
10-Nov-2026₹1,87,480.43-0.12%₹1,874.80-0.12%
09-Nov-2026₹1,87,699.77+1.41%₹1,877+1.41%
08-Nov-2026₹1,85,083.910.00%₹1,850.840.00%
07-Nov-2026₹1,85,083.91-0.14%₹1,850.84-0.14%
06-Nov-2026₹1,85,346.28-2.01%₹1,853.46-2.01%
05-Nov-2026₹1,89,148.34+1.15%₹1,891.48+1.15%
04-Nov-2026₹1,87,000.20+4.12%₹1,870+4.12%
03-Nov-2026₹1,79,607.90-2.43%₹1,796.08-2.43%

Note: Change is calculated against the last available date. Where dates are skipped, the comparison is between the displayed date and the most recent available comparison date.

Silver Rates in Top Cities (1 KG)

CityPrice (1 kg)Change in %
Pune₹1,82,631.83-1.22%
Chennai₹1,83,562.56-1.29%
Hyderabad₹1,82,865.34-1.28%
Bangalore₹1,82,756.92-1.14%
Coimbatore₹1,82,742.07-1.33%
Kolkata₹1,83,982.41-0.77%
Ahmedabad₹1,83,322.24-1.38%
Kochi₹1,83,701.42-1.07%

Note: Change is calculated against the last available date. Where dates are skipped, the comparison is between the displayed date and the most recent available comparison date.

About Silver Rate Today in Mumbai

Factors Influencing Silver Price in Mumbai

The silver price today in Mumbai is influenced by several domestic and global factors. International spot prices, fluctuations in the US dollar, import duties, GST, and industrial demand all impact the silver rate in India today. Since India imports a significant portion of its silver requirements, changes in global markets can directly affect the current rate of silver in India. Investors and buyers who regularly track the silver rate trend in India can better understand why the silver rate today in India moves up or down over time.

What Are the Different Ways to Invest in Silver in Mumbai?

Apart from buying physical silver, investors today have multiple ways to participate in the silver market. Many individuals purchase silver jewellery, coins, and bars based on the silver price today in Mumbai and the pure silver rate in India. Others prefer Silver ETFs, silver mutual funds, digital silver, or silver futures for greater convenience and liquidity. Before investing, it is advisable to compare the silver rate in India now, monitor today's silver price, and align your choice with your financial goals and risk appetite.

How is the Silver Price Calculated in Mumbai?

The silver rate in Mumbai is derived from international benchmark prices and converted into Indian Rupees using prevailing exchange rates. Import duties, GST, transportation costs, and dealer margins are then added to determine the final retail price. This is why the silver rate per kg in India, the 1 gram silver rate in India today, and the silver rate today per gram in India may vary slightly across cities. Monitoring the current rate of silver in India helps buyers understand how these factors influence the final price of silver today.

FAQs

The silver rate in Mumbai is influenced by the India Bullion and Jewellers Association (IBJA), along with international spot prices, currency fluctuations, import duties, taxes, local demand and supply conditions, and commodity market trends. These factors collectively determine the silver price on a daily basis.

Variations in transportation costs, local taxes, dealer premiums, and regional demand can result in slight differences in silver prices in Mumbai and other cities in India.

Yes, when buying silver in Mumbai, check the May to July (Monsoon Period) and January to February (Post-Festival Season), when silver demand may be relatively lower compared to peak festive and wedding periods.

There is generally no prescribed limit on silver ownership in Mumbai for individuals. However, maintaining purchase records and invoices is recommended.

You can buy silver jewellery in Mumbai for personal use and gifting. Silver coins and bars are generally preferred for investment purposes due to lower making charges, higher purity, and potentially better resale value.

Yes. Most jewellers and bullion dealers in Mumbai buy back silver, but the resale value depends on factors such as purity, prevailing market rates, and whether you are selling jewellery, coins, or bars. Coins and bars typically offer more transparent pricing due to their higher purity and lower making charges.

Silver can be purchased in Mumbai from reputed jewellers, authorized bullion dealers, banks (where applicable), and trusted online platforms.

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