Silver prices in India saw a slight decline on March 11, 2026.
The price of 1 gram of silver is around ₹275, while 10 grams costs about ₹2,751. Meanwhile, 1 kilogram of silver is priced at ₹2,75,090.
Compared to the previous day, silver prices have dropped by about 0.64 percent.
Even small price movements like this are closely watched by investors and buyers across the country.
Silver prices in India are mainly influenced by international market rates, the value of the US dollar, and import duties on precious metals.
Latest Silver Rates in India
Here is a quick look at today’s silver prices across common quantities:
| Quantity | Today’s Price | Yesterday’s Price | Change | Change (%) |
|---|---|---|---|---|
| 1 gm | ₹275 | ₹277 | ₹1.76 | 0.64% |
| 10 gm | ₹2,751 | ₹2,769 | ₹17.60 | 0.64% |
| 1 kg | ₹2,75,090 | ₹2,76,850 | ₹1,760 | 0.64% |
Even though the price has slightly fallen today, silver continues to remain an important investment option for many Indians.
Why Silver Prices Are Moving Today
In the global market, silver has been trading above $88 per ounce, showing strength for the third consecutive session.
One reason behind this trend is rising geopolitical tensions in West Asia
Ongoing conflict involving Iran, Israel, and the United States has increased uncertainty in global markets.
During times of global instability, investors often turn to precious metals like silver as safe-haven assets, which can support prices.
Another important factor affecting markets is the situation around the Strait of Hormuz.
Since it is a key route for global energy shipments, any disruption can influence commodity markets.
Silver Prices in Major Indian Cities
Silver prices are generally similar across major Indian cities, with slight variations due to local demand and taxes.
| City | 1 gm | 10 gm | 1 kg |
|---|---|---|---|
| Mumbai | ₹275 | ₹2,751 | ₹2,75,090 |
| Delhi | ₹275 | ₹2,746 | ₹2,74,620 |
| Bengaluru | ₹275 | ₹2,753 | ₹2,75,310 |
| Hyderabad | ₹276 | ₹2,755 | ₹2,75,530 |
| Ahmedabad | ₹276 | ₹2,758 | ₹2,75,800 |
| Chennai | ₹276 | ₹2,759 | ₹2,75,900 |
Other cities like Kolkata, Pune, and Surat are also seeing similar price levels.
Outlook for Silver Investors
Market experts say silver prices may continue to move depending on global economic conditions, energy markets, and geopolitical developments.
Oil prices and supply concerns from major producers are also influencing investor sentiment.
If uncertainty continues in global markets, demand for precious metals like silver could remain strong.
For buyers and investors in India, keeping track of daily price movements can help in making better decisions when purchasing silver.
