The silver price in India today, March 25, 2026, stands at ₹250 per gram and ₹2,50,000 per kilogram, up ₹15 per gram and ₹15,000 per kilogram from yesterday’s levels of ₹235 per gram and ₹2,35,000 per kilogram. The sharp recovery in silver prices today reflects improving global sentiment around the Iran conflict, with reports of a formal 15-point US proposal to Iran and Washington seeking a one-month ceasefire driving the metal’s third consecutive session of gains globally.
Today’s Silver Price Per Gram in India — March 25, 2026
At the national level, silver is priced at ₹250 per gram today, up ₹15 from ₹235 yesterday. For 8 grams the price is ₹2,000, up ₹120 from ₹1,880. For 10 grams the price is ₹2,500, up ₹150 from ₹2,350. For 100 grams the price is ₹25,000, up ₹1,500 from ₹23,500. For 1 kilogram the price is ₹2,50,000, up ₹15,000 from ₹2,35,000.
City Wise Silver Rates Today — March 25, 2026
Silver rate in Mumbai: ₹2,500 per 10 grams, ₹25,000 per 100 grams, ₹2,50,000 per kg
Silver rate in Delhi: ₹2,500 per 10 grams, ₹25,000 per 100 grams, ₹2,50,000 per kg
Silver rate in Kolkata: ₹2,500 per 10 grams, ₹25,000 per 100 grams, ₹2,50,000 per kg
Silver rate in Bangalore: ₹2,500 per 10 grams, ₹25,000 per 100 grams, ₹2,50,000 per kg
Silver rate in Pune: ₹2,500 per 10 grams, ₹25,000 per 100 grams, ₹2,50,000 per kg
Silver rate in Ahmedabad: ₹2,500 per 10 grams, ₹25,000 per 100 grams, ₹2,50,000 per kg
Silver rate in Jaipur: ₹2,500 per 10 grams, ₹25,000 per 100 grams, ₹2,50,000 per kg
Silver rate in Lucknow: ₹2,500 per 10 grams, ₹25,000 per 100 grams, ₹2,50,000 per kg
Silver rate in Patna: ₹2,500 per 10 grams, ₹25,000 per 100 grams, ₹2,50,000 per kg
Silver rate in Nagpur: ₹2,500 per 10 grams, ₹25,000 per 100 grams, ₹2,50,000 per kg
Silver rate in Chandigarh: ₹2,500 per 10 grams, ₹25,000 per 100 grams, ₹2,50,000 per kg
Silver rate in Surat: ₹2,500 per 10 grams, ₹25,000 per 100 grams, ₹2,50,000 per kg
Silver rate in Nashik: ₹2,500 per 10 grams, ₹25,000 per 100 grams, ₹2,50,000 per kg
Silver rate in Mysore: ₹2,500 per 10 grams, ₹25,000 per 100 grams, ₹2,50,000 per kg
Silver rate in Rajkot: ₹2,500 per 10 grams, ₹25,000 per 100 grams, ₹2,50,000 per kg
Silver rate in Mangalore: ₹2,500 per 10 grams, ₹25,000 per 100 grams, ₹2,50,000 per kg
Silver rate in Ayodhya: ₹2,500 per 10 grams, ₹25,000 per 100 grams, ₹2,50,000 per kg
Silver rate in Davanagere: ₹2,500 per 10 grams, ₹25,000 per 100 grams, ₹2,50,000 per kg
Silver rate in Vadodara: ₹2,500 per 10 grams, ₹25,000 per 100 grams, ₹2,50,000 per kg
Silver rate in Chennai: ₹2,600 per 10 grams, ₹26,000 per 100 grams, ₹2,60,000 per kg
Silver rate in Hyderabad: ₹2,600 per 10 grams, ₹26,000 per 100 grams, ₹2,60,000 per kg
Silver rate in Kerala: ₹2,600 per 10 grams, ₹26,000 per 100 grams, ₹2,60,000 per kg
Silver rate in Coimbatore: ₹2,600 per 10 grams, ₹26,000 per 100 grams, ₹2,60,000 per kg
Silver rate in Madurai: ₹2,600 per 10 grams, ₹26,000 per 100 grams, ₹2,60,000 per kg
Silver rate in Vijayawada: ₹2,600 per 10 grams, ₹26,000 per 100 grams, ₹2,60,000 per kg
Silver rate in Visakhapatnam: ₹2,600 per 10 grams, ₹26,000 per 100 grams, ₹2,60,000 per kg
Silver rate in Salem: ₹2,600 per 10 grams, ₹26,000 per 100 grams, ₹2,60,000 per kg
Silver rate in Trichy: ₹2,600 per 10 grams, ₹26,000 per 100 grams, ₹2,60,000 per kg
Silver rate in Bhubaneswar: ₹2,600 per 10 grams, ₹26,000 per 100 grams, ₹2,60,000 per kg
Silver rate in Cuttack: ₹2,600 per 10 grams, ₹26,000 per 100 grams, ₹2,60,000 per kg
Why Silver Prices Are Rising Sharply Today
Silver’s ₹15,000 per kilogram jump from yesterday’s levels is the largest single-day gain the metal has posted since the Iran conflict began in late February 2026. The metal had fallen as much as 37 percent from its March peak as elevated oil prices drove inflation fears globally, which in turn drove central bank rate hike expectations that made zero-yield silver unattractive relative to interest-bearing assets. The recovery underway now reflects a reversal of that same chain of causation.
The New York Times has reported that the United States has formally sent Iran a 15-point proposal to resolve the conflict. Israeli media has simultaneously reported that Washington is seeking a one-month ceasefire to facilitate negotiations. Together these two developments represent the most concrete and structured de-escalation framework that has emerged since the conflict began. If the 15-point proposal produces a formal agreement and the one-month ceasefire materialises, crude oil will fall significantly from current levels, inflation fears will recede, rate hike expectations will moderate, and silver’s zero-yield status will become less of a competitive disadvantage. The metal’s recovery today is the market beginning to price exactly that sequence of events.
Why Cities in Tamil Nadu, Andhra Pradesh, Telangana, Odisha and Kerala Have Higher Rates
The two-tier structure in today’s silver rates, with most cities at ₹2,50,000 per kilogram and southern and eastern cities at ₹2,60,000 per kilogram, reflects structural differences in state-level tax regimes, transportation costs from primary import centres, and local dealer margin conventions. Cities in Tamil Nadu including Chennai, Coimbatore, Madurai, Salem, and Trichy consistently carry a ₹10,000 per kilogram premium over the national benchmark. Cities in Andhra Pradesh including Vijayawada and Visakhapatnam, Telangana’s Hyderabad, and Odisha’s Bhubaneswar and Cuttack carry the same premium. Kerala follows the same pattern. This differential is a structural feature of India’s silver market rather than a reflection of any quality or availability difference in the silver being traded.
The ₹15,000 Per Kilogram Jump in Context
Today’s ₹15,000 per kilogram increase in the national silver price is not a random fluctuation. It represents the single largest indicator of the market’s assessment of the Iran conflict’s de-escalation probability shifting meaningfully in a positive direction. MCX Silver Futures on Tuesday were already showing strong recovery momentum before today’s physical market prices reflected the move. The physical market’s ₹15,000 jump on March 25 confirms that the recovery is broad-based and reaching retail buyers across the country rather than being confined to the futures market.
For buyers who purchased silver during the correction, today’s price represents a meaningful partial recovery of the paper losses incurred during the worst weeks of the conflict-driven selloff. For buyers who have been waiting on the sidelines, the recovery raises the question of whether the optimal entry point has already passed or whether further gains will create additional buying opportunity if the diplomatic process stalls.
What to Watch for Silver Prices Going Forward
The near-term direction of silver prices across all Indian cities will be determined primarily by two variables. First, whether the 15-point US proposal to Iran produces a formal agreement within the five day window Trump announced, now in its final days. Second, whether the Federal Reserve’s rate trajectory changes as energy-driven inflation begins to recede on de-escalation. Federal Reserve Governor Michael Barr has said rates may need to stay elevated for some time, providing a near-term ceiling on silver’s recovery even in an optimistic diplomatic scenario. But the direction of travel, confirmed by today’s ₹15,000 per kilogram gain, has unmistakably changed.
Silver prices cited are indicative rates for March 25, 2026 and are subject to change intraday. Actual transaction prices may vary based on dealer margins and making charges. This article is for informational purposes only and does not constitute investment advice.