Silver prices in India edged lower on Wednesday, January 1, 2026, tracking weakness in global bullion markets. The price of silver slipped by Rs 1 per gram, while rates on a kilogram basis declined by Rs 1,000, reflecting mild selling pressure at the start of the new year.
As per the latest data, silver in India is trading at Rs 238 per gram and Rs 2,38,000 per kilogram today.
Silver price in India today (January 1, 2026)
On a per-gram basis, silver is priced at Rs 238, compared with Rs 239 in the previous session. For larger quantities, 10 grams of silver costs Rs 2,380, while 100 grams is priced at Rs 23,800. The price of 1 kilogram of silver stands at Rs 2,38,000, down from Rs 2,39,000 yesterday.
City-wise silver prices today
Silver prices remained largely uniform across major Indian cities. In Mumbai, Delhi, Kolkata, Pune, Vadodara and Ahmedabad, silver is priced at Rs 2,380 per 10 grams, Rs 23,800 per 100 grams, and Rs 2,38,000 per kg.
In southern markets such as Chennai, Hyderabad and Kerala, silver is trading slightly higher at Rs 2,560 per 10 grams, Rs 25,600 per 100 grams, and Rs 2,56,000 per kg, reflecting regional pricing variations.
What’s influencing silver prices today?
Silver prices in India typically track movements in international markets, currency fluctuations, and demand trends from industrial and investment segments. The marginal decline seen today comes amid subdued global cues, even as domestic demand remains steady.
Note: Silver prices mentioned above are indicative and do not include GST, TCS or other applicable levies. Actual rates may vary based on location and jeweller.
