Silver Price Today, 6 March 2026: Silver prices in India have edged lower, reflecting a strengthening US dollar and profit-taking after the sharp rally triggered by Middle East tensions. Although southern cities still attract a substantial premium, the white metal is currently trading at ₹2,84,900 per kilogram nationwide.
International Silver Price (Spot)
Global silver markets remain under pressure from a stronger dollar, though geopolitical tensions continue to provide underlying support.
| Metric | Value |
|---|---|
| Spot Silver | Trading in volatile range |
| Recent High | $96.40 per ounce |
| Key Drivers | Dollar strength vs. safe-haven demand |
Key International Drivers:
- Dollar Strength: A firmer US dollar is weighing on all dollar-denominated commodities.
- Geopolitical Support: Ongoing Middle East tensions continue to provide a safe-haven floor.
- Technical Correction: After the sharp rally to $96.40, prices are undergoing consolidation.
Domestic Silver Price (India)
Indian silver rates have corrected further from the recent surge, with prices now at ₹2.84 lakh per kg—down from the March 2 peak of ₹3.15 lakh.
| Quantity | Today’s Price | Change from Yesterday |
|---|---|---|
| Per Gram | ₹284.90 | -₹0.10 |
| Per 10 Grams | ₹2,849 | -₹1 |
| Per Kilogram | ₹2,84,900 | -₹100 |
Today Silver Price Per Gram/Kg in India (INR)
| Gram | Today | Yesterday | Change |
|---|---|---|---|
| 1 | ₹284.90 | ₹285 | – ₹0.10 |
| 8 | ₹2,279.20 | ₹2,280 | – ₹0.80 |
| 10 | ₹2,849 | ₹2,850 | – ₹1 |
| 100 | ₹28,490 | ₹28,500 | – ₹10 |
| 1000 | ₹2,84,900 | ₹2,85,000 | – ₹100 |
Indian Major Cities Silver Rates Today
Rates show significant regional variation, with southern cities commanding a premium of up to ₹10,000 per kg over northern metros.
| City | 10 gram | 100 gram | 1 Kg |
|---|---|---|---|
| Chennai | ₹2,949 | ₹29,490 | ₹2,94,900 |
| Mumbai | ₹2,849 | ₹28,490 | ₹2,84,900 |
| Delhi | ₹2,849 | ₹28,490 | ₹2,84,900 |
| Kolkata | ₹2,849 | ₹28,490 | ₹2,84,900 |
| Bangalore | ₹2,849 | ₹28,490 | ₹2,84,900 |
| Hyderabad | ₹2,949 | ₹29,490 | ₹2,94,900 |
| Kerala | ₹2,949 | ₹29,490 | ₹2,94,900 |
| Pune | ₹2,849 | ₹28,490 | ₹2,84,900 |
| Vadodara | ₹2,849 | ₹28,490 | ₹2,84,900 |
| Ahmedabad | ₹2,849 | ₹28,490 | ₹2,84,900 |
City-Wise Rates (Per Kg) – Snapshot
| City | Silver Price (per kg) |
|---|---|
| Chennai | ₹2,94,900 |
| Hyderabad | ₹2,94,900 |
| Kerala | ₹2,94,900 |
| Mumbai | ₹2,84,900 |
| Delhi | ₹2,84,900 |
| Kolkata | ₹2,84,900 |
| Bangalore | ₹2,84,900 |
| Pune | ₹2,84,900 |
Silver Rate in India for Last 10 Days
| Date | 10 gram | 100 gram | 1 Kg |
|---|---|---|---|
| 06 Mar, 2026 | ₹2,849 | ₹28,490 | ₹2,84,900 |
| 05 Mar, 2026 | ₹2,850 | ₹28,500 | ₹2,85,000 |
| 04 Mar, 2026 | ₹2,850 | ₹28,500 | ₹2,85,000 |
| 03 Mar, 2026 | ₹2,950 | ₹29,500 | ₹2,95,000 |
| 02 Mar, 2026 | ₹3,150 | ₹31,500 | ₹3,15,000 |
| 01 Mar, 2026 | ₹2,950 | ₹29,500 | ₹2,95,000 |
| 28 Feb, 2026 | ₹2,950 | ₹29,500 | ₹2,95,000 |
| 27 Feb, 2026 | ₹2,850 | ₹28,500 | ₹2,85,000 |
| 26 Feb, 2026 | ₹2,850 | ₹28,500 | ₹2,85,000 |
| 25 Feb, 2026 | ₹2,850 | ₹28,500 | ₹2,85,000 |
Silver Price Movement in March 2026
| Metric | Rate (₹/kg) |
|---|---|
| 1 March Opening | 2,95,000 |
| 2 March Peak | 3,15,000 |
| 6 March Closing | 2,84,900 |
| Highest Rate in March | 3,15,000 (2 Mar) |
| Lowest Rate in March | 2,84,900 (6 Mar) |
| Monthly Change | -3.42% |
| Price Trend | Falling from peak |
Key Market Insights
- Regional Premiums: Southern cities like Chennai, Hyderabad, and Kerala continue to command a significant premium of ₹10,000 per kg over northern metros, reflecting stronger cultural and industrial demand.
- Currency Impact: International prices and currency fluctuations affect the price of silver in India. Silver becomes more costly domestically if the rupee depreciates against the dollar while global prices stay the same.
- Volatility Continues: The metal has seen massive swings in early March, from ₹2.95 lakh on March 1 to ₹3.15 lakh on March 2, and now back to ₹2.84 lakh—a range of over ₹30,000 per kg in just five days.
- Profit-Taking Phase: The current decline represents profit-taking after the sharp rally triggered by Middle East tensions.
Top Online Platforms to Buy Silver in India (2026)
- Digital Gold & Silver Apps: OroPocket (₹1 entry, Bitcoin incentives), Google Pay, Paytm, and PhonePe (MMTC-PAMP, SafeGold).
- Tanishq, CaratLane, and Kalyan Jewellers Candere are platforms for jewelry brands (silver coins, bars, kitchenware).
- Physical Bullion Platforms: MMTC-PAMP (999.9 purity silver bars/coins), Augmont, Motilal Oswal.
What This Means for Investors
Silver’s sharp drop from its peak of ₹3.15 lakh on March 2 offers a potential entry point for those who missed the initial rush. Important phases to watch:
International:
- Support: $88 per ounce
- Resistance: $96 per ounce
Domestic:
- Support: ₹2,75,000 per kg
- Resistance: ₹3,00,000 per kg
Silver’s dual status as a precious and industrial metal provides long-term investors with distinct diversification advantages. While the metal’s volatility makes it challenging for short-term traders, it does allow methodical investors to accumulate. Systematic investment plans (SIPs) in silver ETFs or digital silver remain an effective approach to engage in the precious metals market while mitigating entry timing risk.
