Silver Price Today, 04 May 2026: Silver markets on 04 May 2026 remain largely stable, with minor downward pressure in domestic rates. The metal is trading at around ₹264.90 per gram and ₹2,64,900 per kilogram in India, reflecting a marginal decline of ₹100 per kg. Global macroeconomic factors, including inflation trends and currency fluctuations, continue to shape sentiment.
Domestic Silver Prices (India) – 04 May 2026
- 999 Pure Silver 1 gram: ₹264.90 per gram
- 999 Pure Silver 10 gram: ₹2,640
- 999 Pure Silver 100 gram: ₹26,400
- 999 Pure Silver 1 Kg: ₹2,64,900 per kg (↓ ₹100)
- Trend: Range-bound with slight softness
- Market tone: Stable but cautious
Note: Final purchase prices at retailers will include 3% GST and additional making charges, which typically range from 5% to 25% for physical silver items.
Check City-Wise Silver Rate Today (Latest Update)
Delhi Silver Rate Today
- 10g: ₹2,649
- 100g: ₹26,490
- 1kg: ₹2,64,900
- Market: Stable urban demand
Mumbai Silver Rate Today
- 10g: ₹2,649
- 100g: ₹26,490
- 1kg: ₹2,64,900
- Market: Steady trading activity
Chennai Silver Rate Today
- 10g: ₹2,699
- 100g: ₹26,990
- 1kg: ₹2,69,900
- Market: Slight premium due to strong jewellery demand
Bangalore Silver Rate Today
- 10g: ₹2,649
- 100g: ₹26,490
- 1kg: ₹2,64,900
- Market: Stable pricing
Hyderabad Silver Rate Today
- 10g: ₹2,699
- 100g: ₹26,990
- 1kg: ₹2,69,900
- Market: Mild demand support
Kolkata Silver Rate Today
- 10g: ₹2,649
- 100g: ₹26,490
- 1kg: ₹2,64,900
- Market: Consistent movement
Kerala Silver Rate Today
- 10g: ₹2,699
- 100g: ₹26,990
- 1kg: ₹2,69,900
- Market: Strong seasonal demand
Pune Silver Rate Today
- 10g: ₹2,649
- 100g: ₹26,490
- 1kg: ₹2,64,900
- Market: Stable
Ahmedabad Silver Rate Today
- 10g: ₹2,649
- 100g: ₹26,490
- 1kg: ₹2,64,900
- Market: Range-bound
Vadodara Silver Rate Today
- 10g: ₹2,649
- 100g: ₹26,490
- 1kg: ₹2,64,900
- Market: Steady
Jaipur Silver Rate Today
- 10g: ₹2,649
- 100g: ₹26,490
- 1kg: ₹2,64,900
- Market: Stable
Lucknow Silver Rate Today
- 10g: ₹2,649
- 100g: ₹26,490
- 1kg: ₹2,64,900
- Market: Moderate demand
International Silver Rates Today
- Spot Silver: $73.5 – $76.9 per ounce
- Weekly low: Mild correction of around 1%–3% fluctuations
- Trend: Still up nearly +6% in recent recovery phase
- Inflation support: Moderate bullish undertone
- USD strength: Limiting upside potential
Major Indian Silver City Rates
| City | 10g Silver | 100g Silver | 1 Kg Silver |
|---|---|---|---|
| Delhi | ₹2,649 | ₹26,490 | ₹2,64,900 |
| Noida | ₹2,649 | ₹26,490 | ₹2,64,900 |
| Ghaziabad | ₹2,649 | ₹26,490 | ₹2,64,900 |
| Gurugram | ₹2,649 | ₹26,490 | ₹2,64,900 |
| Faridabad | ₹2,649 | ₹26,490 | ₹2,64,900 |
| Mumbai | ₹2,649 | ₹26,490 | ₹2,64,900 |
| Chennai | ₹2,699 | ₹26,990 | ₹2,69,900 |
| Bangalore | ₹2,649 | ₹26,490 | ₹2,64,900 |
| Hyderabad | ₹2,699 | ₹26,990 | ₹2,69,900 |
| Kolkata | ₹2,649 | ₹26,490 | ₹2,64,900 |
| Pune | ₹2,649 | ₹26,490 | ₹2,64,900 |
| Ahmedabad | ₹2,649 | ₹26,490 | ₹2,64,900 |
| Jaipur | ₹2,649 | ₹26,490 | ₹2,64,900 |
| Lucknow | ₹2,649 | ₹26,490 | ₹2,64,900 |
| Kerala | ₹2,699 | ₹26,990 | ₹2,69,900 |
Note: Rates are indicative retail averages and may vary by jeweller, making charges, GST and locality.
Major Countries Silver Rates
| Country | Silver Price (per kg) | Silver Price (per 10g) | Market Trend |
|---|---|---|---|
| India | ₹2,64,900 | ₹2,649 | Stable |
| USA | ₹2,78,000 | ₹2,780 | Mild bullish |
| United Kingdom | ₹2,70,500 | ₹2,705 | Range-bound |
| Canada | ₹2,82,000 | ₹2,820 | Strong demand |
| Australia | ₹2,85,500 | ₹2,855 | Slight premium |
| China | ₹2,60,000 | ₹2,600 | Stable industrial demand |
| Japan | ₹2,73,000 | ₹2,730 | Moderate movement |
| Germany | ₹2,68,500 | ₹2,685 | Steady |
| France | ₹2,68,500 | ₹2,685 | Stable |
| Singapore | ₹2,76,000 | ₹2,760 | Investment support |
| UAE (Dubai/Abu Dhabi) | ₹2,71,000 | ₹2,710 | Stable retail demand |
| Saudi Arabia | ₹2,69,500 | ₹2,695 | Range-bound |
| Qatar | ₹2,70,200 | ₹2,702 | Stable |
| Kuwait | ₹2,72,500 | ₹2,725 | Slightly firm |
| Oman | ₹2,71,800 | ₹2,718 | Stable |
| Russia | ₹2,66,000 | ₹2,660 | Weak trend |
| Mexico | ₹2,58,000 | ₹2,580 | Supply-heavy market |
| Peru | ₹2,57,500 | ₹2,575 | Mining-driven pricing |
| Brazil | ₹2,63,000 | ₹2,630 | Stable |
| South Africa | ₹2,61,500 | ₹2,615 | Moderate demand |
Note: Rates are indicative market prices and may vary by taxes, premiums, exchange rates and local dealer charges.
Silver Rate in India (Last 10 Days – 1kg)
| Date | Price |
| May 04 | 2,64,900 |
| May 03 | 2,65,000 |
| May 02 | 2,65,000 |
| May 01 | 2,55,000 |
| Apr 30 | 2,50,000 |
| Apr 29 | 2,55,000 |
| Apr 28 | 2,60,000 |
| Apr 27 | 2,60,000 |
| Apr 26 | 2,60,000 |
| Apr 25 | 2,60,000 |
Silver Price Movement – April 2026
- Opening price: ₹2,55,000 per kg
- Closing price: ₹2,50,000 per kg
- Highest: ₹2,75,000
- Lowest: ₹2,50,000
- Trend: -1.96% monthly decline
Silver Price Movement – March 2026
- Range-bound trading phase
- Volatility driven by global inflation data
- Demand stable in industrial sectors
- Mild upward spikes mid-month
MCX Performance
- Trading range: ₹76,000 – ₹78,500 per kg equivalent
- Volatility: Moderate intraday swings
- Trend: Consolidation phase
- Investor behavior: Short-term trading dominant
Oil & Inflation
- Brent crude: $108–$112 per barrel
- Inflation pressure: Elevated globally
- Silver demand: Supported as inflation hedge
- Currency impact: Rupee fluctuations affecting import cost
Market Summary
Silver is currently in a consolidation phase, with limited directional momentum. Industrial demand remains steady, while investment demand is influenced by global inflation and dollar strength.
Can Silver Prices Rise Again?
Yes, silver prices can rise again if global inflation stays high, industrial demand from electronics and solar sectors strengthens and the US dollar weakens. With prices already near ₹2.65 lakh per kg, a breakout above resistance could push silver toward higher resistance zones in the coming months.
Key Considerations for Buyers
- Track MCX volatility before entry
- Watch USD-INR movement closely
- Industrial demand influences long-term trend
- Prefer staggered buying strategy
- Avoid panic buying during spikes
- Monitor global inflation data
- Keep an eye on crude oil movement
- Consider silver ETFs for liquidity
Disclaimer: Silver rates are indicative and exclude GST/TCS/levies. Final purchase prices include 3% GST and making charges. Please verify with local jewellers for exact pricing.
