Silver Rate Today in Mumbai
Silver value calculator · Mumbai
Silver eased in Mumbai on 12 Sep 2026. It's ₹240 a gram (₹2,40,000 a kilogram), down ₹10/g from yesterday. Silver moves on the national silver rate, so Mumbai closely tracks the all-India price. Over the past month it has ranged ₹240–₹260 a gram — today is near its lowest in a month.
Silver rate by weight · Mumbai
| Weight | 999 Fine | 925 Sterling |
|---|---|---|
| 1 gram | ₹240 | ₹222 |
| 10 grams | ₹2,400 | ₹2,220 |
| 50 grams | ₹12,000 | ₹11,100 |
| 100 grams | ₹24,000 | ₹22,200 |
| 500 grams | ₹1,20,000 | ₹1,11,000 |
| 1 kilogram | ₹2,40,000 | ₹2,22,000 |
30-day trend · Mumbai
Silver in Mumbai · last 10 days
| Date | Per g | Per kg |
|---|---|---|
| 12 Sep | ₹245 | ₹2,45,000 |
| 10 Sep | ₹255 | ₹2,55,000 |
| 06 Sep | ₹250 | ₹2,50,000 |
| 05 Sep | ₹250 | ₹2,50,000 |
| 04 Sep | ₹250 | ₹2,50,000 |
| 03 Sep | ₹250 | ₹2,50,000 |
| 02 Sep | ₹245 | ₹2,45,000 |
| 01 Sep | ₹250 | ₹2,50,000 |
| 31 Aug | ₹255 | ₹2,55,000 |
| 30 Aug | ₹255 | ₹2,55,000 |
Silver rate in other cities · per gram
About silver rates in Mumbai
Silver pricing in Mumbai
Silver has a national rate set by the global silver price converted into rupees, so Mumbai tracks the all-India figure closely — there's far less city-to-city variation than with gold. Any small difference reflects local dealer rates. 3% GST is added when you buy.
Fine silver vs sterling (925)
The rate above is 999 fine silver — used for coins, bars and bullion. Most jewellery and articles in Mumbai are 925 sterling (92.5% silver, alloyed for strength), about ₹222/g at today's rate. Look for a 999 or 925 hallmark.
What you'll actually pay
The rate is only the metal. For jewellery or articles, add making charges — low for plain coins, higher for ornate work — plus 3% GST. Use the calculator above to estimate the all-in cost in Mumbai.
We update these rates daily from live global prices and today's rupee rate. They're for reference — confirm with your dealer before buying.