Silver Price (Today) 28 January 2026: Silver prices in India have been a focus for a while now as the metal is trading close to its record highs in January 2026. Silver has experienced significant fluctuations recently due to the powerful international signals, changes in currency and increasing demand for investment and the current rally indicates opportunities as well as warnings for the investors and buyers.
Silver Price Today
As of today, silver is priced at Rs. 370 per gram in India, marking a daily increase of Rs. 10 while on a kilogram basis, the silver now costs Rs. 3,70,000, reflecting sustained upward momentum across domestic markets.
Silver Rate Today: From Record Highs to Correction
- Yesterday’s price: Rs. 360 per gram
- Today’s price: Rs. 370 per gram
- Daily gain: Rs. 10 per gram
- Silver has risen by nearly Rs. 70 per gram over the past seven days
- Prices are up over 55% since the start of the month
This sharp climb follows record-setting highs earlier in January with brief pauses driven by profit booking.
Silver Price Today: MCX Gold and Silver Prices in India
On commodity exchanges, silver futures remain firm, supported by global uncertainty and industrial demand while gold has seen modest movement, silver’s performance has clearly outpaced it, reinforcing its role as both a precious and industrial metal.
Silver Prices in Mumbai
- 10 grams: Rs. 3,700
- 100 grams: Rs. 37,000
- 1 kg: Rs. 3,70,000
Mumbai mirrors national pricing due to strong liquidity and trading volumes.
Silver Rate Today in Delhi
- 10 grams: Rs. 3,700
- 100 grams: Rs. 37,000
- 1 kg: Rs. 3,70,000
Demand from jewellers and investors keeps rates aligned with major metros.
Silver Prices in Kolkata
- 10 grams: Rs. 3,700
- 100 grams: Rs. 37,000
- 1 kg: Rs. 3,70,000
Kolkata remains steady with no regional premium today.
Silver Rate in Bengaluru
- 10 grams: Rs. 3,700
- 100 grams: Rs. 37,000
- 1 kg: Rs. 3,70,000
Southern markets show consistent pricing amid stable demand.
Silver Prices in Chennai
- 10 grams: Rs. 3,870
- 100 grams: Rs. 38,700
- 1 kg: Rs. 3,87,000
Higher rates reflect local taxes and strong consumption patterns.
Silver Price City-Wise
|
City |
10 g Price (₹) |
100 g Price (₹) |
1 Kg Price (₹) |
|
Ahmedabad |
3,590 |
35,900 |
3,59,000 |
|
Bangalore |
3,590 |
35,900 |
3,59,000 |
|
Chandigarh |
3,590 |
35,900 |
3,59,000 |
|
Chennai |
3,680 |
36,800 |
3,68,000 |
|
Hyderabad |
3,680 |
36,800 |
3,68,000 |
|
Jaipur |
3,600 |
36,000 |
3,60,000 |
|
Kolkata |
3,600 |
36,000 |
3,60,000 |
|
Mumbai |
3,600 |
36,000 |
3,60,000 |
|
Delhi |
3,700 |
37,000 |
3,70,000 |
|
Pune |
3,590 |
35,900 |
3,59,000 |
Silver Rate in India for Last 10 Days
|
Date |
1 Kg Price (₹) |
|
Jan 27 |
3,70,000 |
|
Jan 26 |
3,60,000 |
|
Jan 25 |
3,35,000 |
|
Jan 24 |
3,35,000 |
|
Jan 23 |
3,40,000 |
|
Jan 22 |
3,25,000 |
|
Jan 21 |
3,30,000 |
|
Jan 20 |
3,20,000 |
|
Jan 19 |
3,05,000 |
|
Jan 18 |
2,95,000 |
Silver Price Movement in January 2026
|
Metric |
Value |
|
January 1 rate |
Rs. 2,38,000 |
|
January 27 rate |
Rs. 3,70,000 |
|
Monthly high |
Rs. 3,70,000 |
|
Monthly low |
Rs. 2,38,000 |
|
Monthly change |
+55.46% |
Silver Rate Today: What This Means for Investors
The sharp rise highlights silver’s growing appeal as a hedge against inflation and currency weakness however, volatility remains high, making staggered investments a safer strategy.
Why Silver Price Rate Hike Every Day?
Daily gains are fueled by global supply concerns, rising industrial use in electronics and solar energy, a weaker rupee, and speculative buying in commodity markets.
