The silver price in Kolkata today, Wednesday, March 5, 2026, is approximately Rs 284.90 per gram for 999 purity silver, according to the latest city-based bullion rate data. The price has seen only a marginal change compared to recent sessions.
At the current rate, 1 kilogram of silver in Kolkata is priced around Rs 2,84,900, reflecting a minor dip of about Rs 100 per kg compared to the previous levels.
Silver price in Kolkata today (March 5)
| Quantity | Price |
|---|---|
| 1 gram | Rs 284.90 |
| 10 grams | Rs 2,849 |
| 100 grams | Rs 28,490 |
| 1 kilogram | Rs 2,84,900 |
These rates represent standard retail bullion prices for 999 purity silver in the city and do not include additional charges such as making charges, GST, or dealer premiums that may apply when purchasing jewelry, coins, or bars.
Why silver prices are steady today
Silver prices have remained largely stable after recent volatility driven by the ongoing geopolitical tensions in the Middle East, particularly the escalating conflict involving the United States, Israel, and Iran.
Earlier in the week, safe-haven demand pushed precious metal prices higher. However, profit booking and a relatively stronger US dollar have limited further upside, resulting in a slight stabilization in prices.
Meanwhile, MCX silver futures, which serve as the benchmark for domestic bullion markets, have been trading in the Rs 2,62,000 to Rs 2,70,000 per kilogram range in recent sessions.
On the global front, spot silver prices are hovering around $83–$85 per ounce, supporting the overall price trend in Indian markets.
Minor variations across cities
Silver prices in Kolkata typically remain very close to those in major bullion hubs like Mumbai and Delhi, with only minor differences due to local demand, logistics costs, and trading activity in the jewelry market.
Prices may fluctuate throughout the day depending on movements in international markets, currency fluctuations, and futures trading activity.