Silver was priced at ₹240 per gram and ₹2,40,000 per kilogram in India on 11 October 2026, according to the market data provided. Rates remained unchanged from the previous day, following an increase from ₹2,35,000 per kilogram earlier in October.
Silver continues to attract interest from jewellery buyers, investors and industrial users. Unlike gold, which has comparatively limited industrial applications, silver is widely used in electronics, solar panels and electrical equipment. Its price movements are therefore influenced by investment demand as well as industrial consumption.
Silver Price Today in India
The indicative silver rates on 11 October 2026 are listed below.
| Silver quantity | Price |
|---|---|
| 1 gram | ₹240 |
| 10 grams | ₹2,400 |
| 100 grams | ₹24,000 |
| 1 kilogram | ₹2,40,000 |
City-Wise Silver Rates on 11 October 2026
Silver prices vary across cities. The rates provided for major Indian markets are as follows.
| City | 10 grams | 100 grams | 1 kg |
|---|---|---|---|
| Chennai | ₹2,450 | ₹24,500 | ₹2,45,000 |
| Mumbai | ₹2,400 | ₹24,000 | ₹2,40,000 |
| Delhi | ₹2,400 | ₹24,000 | ₹2,40,000 |
| Kolkata | ₹2,400 | ₹24,000 | ₹2,40,000 |
| Bengaluru | ₹2,400 | ₹24,000 | ₹2,40,000 |
| Hyderabad | ₹2,450 | ₹24,500 | ₹2,45,000 |
| Kerala | ₹2,450 | ₹24,500 | ₹2,45,000 |
| Pune | ₹2,400 | ₹24,000 | ₹2,40,000 |
| Ahmedabad | ₹2,400 | ₹24,000 | ₹2,40,000 |
These are indicative market rates. The final price paid by consumers may differ depending on the seller and applicable charges.
Silver Rate in India: Last 10 Days
Silver prices increased by ₹5,000 per kilogram between 9 October and 10 October, according to the supplied data, and remained at the higher level on 11 October.
| Date | Price per kg |
|---|---|
| 11 October 2026 | ₹2,40,000 |
| 10 October 2026 | ₹2,40,000 |
| 9 October 2026 | ₹2,35,000 |
| 8 October 2026 | ₹2,35,000 |
| 7 October 2026 | ₹2,35,000 |
| 6 October 2026 | ₹2,35,000 |
| 5 October 2026 | ₹2,35,000 |
| 4 October 2026 | ₹2,35,000 |
| 3 October 2026 | ₹2,35,000 |
| 2 October 2026 | ₹2,35,000 |
The figures indicate that silver traded at ₹2,35,000 per kilogram for most of the first part of October before moving to ₹2,40,000 per kilogram.
Silver Price Trends Over Recent Months
The monthly figures supplied show both gains and declines in silver prices during the past five months.
| Month | Opening rate per kg | Closing rate per kg | Reported trend |
|---|---|---|---|
| October (through 11th) | ₹2,35,000 | ₹2,40,000 | Rising 2.13% |
| September | ₹2,50,000 | ₹2,40,000 | Falling 4% |
| August | ₹2,35,000 | ₹2,55,000 | Rising 8.51% |
| July | ₹2,40,000 | ₹2,35,000 | Falling 2.08% |
| June | ₹2,80,000 | ₹2,35,000 | Falling 16.07% |
The data shows that silver prices have experienced fluctuations, with gains in August and October so far, alongside declines in June, July and September. These movements highlight the importance of considering both short-term changes and longer-term trends when assessing the market.
Should You Buy Silver Now or Wait?
The decision to purchase silver depends on individual financial goals, investment timelines and tolerance for price fluctuations.
Jewellery buyers should compare rates across retailers and check additional charges before making a purchase. Long-term investors may consider silver as one component of a diversified portfolio rather than putting all their available funds into a single asset.
For buyers concerned about short-term price movements, spreading purchases over time may reduce the risk of investing the entire amount at one price, although this approach does not guarantee better returns. Short-term traders should pay attention to international silver prices, currency movements and indicators of industrial demand, as silver can experience substantial price changes.
Disclaimer: This article is intended for general informational purposes only and uses the silver prices and historical figures provided in the source material. Rates may vary by location, seller and market conditions, and the figures have not been independently verified. This article does not constitute financial or investment advice. Readers should confirm current prices with reliable market sources or local dealers before making purchasing or investment decisions.
