Silver Rate (Chandi Price) Today in India
On 4 March 2026, the price of 1 gm of silver was ₹274, and the price of 1 kg of silver was ₹274,490, reflecting a gain of 3.33% compared to its previous close. Meanwhile, the 10 gm silver rate is at ₹2,745.
Silver prices in India are largely influenced by international spot silver rates, US dollar fluctuations, and import duties on silver among other things.
Silver Rate Today in India (₹ per 1 gm, 10 gm, 1 kg)
| Type | Today's Price (₹) | Yesterday's Price (₹) | Change (₹) | Change (%) |
|---|---|---|---|---|
| 1 gm | 274 | 266 | 8.85 | 3.33% |
| 10 gm | 2,745 | 2,656 | 88.50 | 3.33% |
| 1 Kg | 274,490 | 265,640 | 8,850.00 | 3.33% |
Why is the Silver price moving today?
Silver prices saw a slight recovery from their previous lows on the back of increased safe-haven demand. The US-Israel conflict with Iran entered its fifth day, which increased safe-haven inflows into the asset.
However, a strong dollar continues to hold prices below their record high levels, as a firm dollar makes precious metals like gold and silver more expensive for other currency holders, thereby denting demand.
Fading expectations of a rate cut by the US Federal Reserve also weighed on sentiment. Precious metals also experienced heavy profit-booking in previous sessions, which further slowed the momentum for price gains.
Outlook for Silver Investors
Analysts expect silver prices to remain range-bound in the near term due to a strong dollar and waning expectations of rate cuts by the US Federal Reserve this year. As per the CME FedWatch tool, the Fed is likely to hold rates in its upcoming March meeting.
However, geopolitical uncertainties pertaining to the US-Israel conflict with Iran continue to lift safe-haven demand for the white metal, as no talks on diplomatic negotiations are in sight.
Retail investors are advised to track not just domestic rates but also international trends before making buying decisions.
Silver Rate Today in Metro Cities (₹ per gm)
| City | 1 gm(₹) | 10 gm(₹) | 1000 gm(₹) |
|---|---|---|---|
| Ahmedabad | 274 ( 7.77 ) | 2,743 ( 77.70 ) | 274,300 ( 7,770.00 ) |
| Bangalore | 275 ( 8.32 ) | 2,747 ( 83.20 ) | 274,710 ( 8,320.00 ) |
| Chennai | 275 ( 8.87 ) | 2,753 ( 88.70 ) | 275,290 ( 8,870.00 ) |
| Delhi | 274 ( 8.83 ) | 2,740 ( 88.30 ) | 274,020 ( 8,830.00 ) |
| Hyderabad | 275 ( 8.86 ) | 2,749 ( 88.60 ) | 274,930 ( 8,860.00 ) |
| Kolkata | 274 ( 8.84 ) | 2,741 ( 88.40 ) | 274,130 ( 8,840.00 ) |
| Mumbai | 274 ( 8.85 ) | 2,745 ( 88.50 ) | 274,490 ( 8,850.00 ) |
| Pune | 274 ( 8.85 ) | 2,745 ( 88.50 ) | 274,490 ( 8,850.00 ) |
| Surat | 275 ( 8.86 ) | 2,749 ( 88.60 ) | 274,860 ( 8,860.00 ) |