The silver price in Delhi today, Wednesday, March 5, 2026, is approximately Rs 285 per gram for 999 purity silver, according to the latest bullion market data. At this level, 1 kilogram of silver in the national capital is priced around Rs 2,85,000, reflecting minor day-to-day fluctuations in the physical bullion market.
Silver price in Delhi today (March 5)
| Quantity | Price |
|---|---|
| 1 gram | Rs 285 |
| 10 grams | Rs 2,850 |
| 100 grams | Rs 28,500 |
| 1 kilogram | Rs 2,85,000 |
These prices represent retail bullion rates for 999 purity silver and typically exclude GST, dealer premiums, and making charges that may apply when purchasing silver jewellery, coins, or bars.
Why silver prices are steady today
Silver prices have remained relatively stable after recent volatility in global commodity markets. Precious metals saw strong movements earlier due to geopolitical tensions and safe-haven demand, but prices have stabilised as traders booked profits and the US dollar strengthened in recent sessions.
Domestic silver prices in India closely follow international spot silver prices, the rupee-dollar exchange rate, and futures trading on the Multi Commodity Exchange (MCX), which together determine daily bullion rates in major cities.
Minor differences across cities
Silver prices in Delhi, Mumbai, Kolkata and Ahmedabad usually remain very close to each other since they follow the same international benchmarks and import costs. However, small variations may occur depending on local demand, transportation costs and jeweller margins in the physical market.
Prices can also fluctuate during the day depending on global market movements and futures trading activity.