Silver Price Today, 10 March 2026: The price of silver is currently at ₹2.80 lakh per kilogram in India and close to $87.18 per ounce globally. While domestic rates have slightly softened today, traders are weighing continued geopolitical tensions against a strong US currency, causing the global market to exhibit modest volatility.
International Silver Market
Although additional gains have been limited by a stronger US currency and higher Treasury yields, global silver spot prices are exhibiting resilience due to safe-haven demand amid Middle East crises.
| Metric | Value |
|---|---|
| Spot Silver (XAG/USD) | ~$87.18 – $87.77 per ounce |
| Daily High | $88.49 |
| Daily Low | $86.80 |
Key International Drivers:
- Geopolitical Support: In the midst of the current Middle East tensions, demand for safe havens supports prices.
- Dollar Resistance: Increased Treasury yields and a stronger US dollar have prevented further increases.
- Technical Momentum: The metal is showing moderate volatility as traders assess conflicting factors.
Silver (SIW00) Price Chart
| Time | Price (USD) |
|---|---|
| 9 Mar, 2:00 pm | $84.50 |
| 9 Mar, 7:00 pm | $86.00 |
| 10 Mar, 12:00 am | $87.50 |
| 10 Mar, 5:00 am | $87.90 |
- Open: $87.28
- High: $88.49
- Low: $86.81
- Previous Close: $84.52
- Volume: 2,718
- Open Interest: 76,893
- Daily Change: +4.00%
Domestic Silver Price (India)
Indian domestic rates have seen a slight softening today, decreasing by approximately ₹100 per kg from yesterday. Prices vary slightly across cities due to local taxes and supply-demand dynamics.
| Quantity | Today’s Price | Daily Change |
|---|---|---|
| Per Gram | ₹279.90 | -₹0.10 |
| Per 10 Grams | ₹2,799 | -₹1 |
| Per Kilogram | ₹2,79,900 | -₹100 |
Today Silver Price Per Gram/Kg in Delhi (INR)
| Gram | Today | Yesterday | Change |
|---|---|---|---|
| 1 | ₹279.90 | ₹280 | – ₹0.10 |
| 8 | ₹2,239.20 | ₹2,240 | – ₹0.80 |
| 10 | ₹2,799 | ₹2,800 | – ₹1 |
| 100 | ₹27,990 | ₹28,000 | – ₹10 |
| 1000 | ₹2,79,900 | ₹2,80,000 | – ₹100 |
City-Wise Rates (per kg)
The cost of silver varies slightly amongst Indian cities, with southern markets fetching a substantial premium over northern metropolitan areas.
| City | Silver Price (1 kg) |
|---|---|
| Chennai | ₹2,90,000 |
| Hyderabad | ₹2,90,000 |
| Mumbai | ₹2,79,900 |
| Delhi | ₹2,79,900 |
| Kolkata | ₹2,79,900 |
Silver Rate in Delhi for Last 10 Days
| Date | 10 gram | 100 gram | 1 Kg |
|---|---|---|---|
| 10 Mar, 2026 | ₹2,799 | ₹27,990 | ₹2,79,900 |
| 09 Mar, 2026 | ₹2,800 | ₹28,000 | ₹2,80,000 |
| 08 Mar, 2026 | ₹2,850 | ₹28,500 | ₹2,85,000 |
| 07 Mar, 2026 | ₹2,850 | ₹28,500 | ₹2,85,000 |
| 06 Mar, 2026 | ₹2,850 | ₹28,500 | ₹2,85,000 |
| 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 |
Silver Price Movement in Delhi, March 2026
| Metric | Rate (₹/kg) |
|---|---|
| 1 March Opening | 2,95,000 |
| 2 March Peak | 3,15,000 |
| 10 March Closing | 2,79,900 |
| Highest Rate in March | 3,15,000 (2 Mar) |
| Lowest Rate in March | 2,79,900 (10 Mar) |
| Monthly Change | -5.12% |
| Price Trend | Consolidating after sharp fall |
Key Market Insights
- Geopolitical Support: Prices remain supported by safe-haven demand amidst ongoing Middle East conflicts, helping silver rebound over 4% in recent sessions.
- Dollar Resistance: A stronger US dollar and rising Treasury yields have limited further advances, causing a tug-of-war in the market.
- Southern cities, such as Chennai and Hyderabad, continue to attract a large premium of over ₹10,000 per kg compared to northern metros, indicating stronger cultural and industrial demand.
- Delhi silver now costs ₹2.80 lakh per kg, down from the March peak of ₹3.15 lakh.
- Investment Appeal: Silver has always remained an attractive investment for the people of Delhi, with demand spanning utensils, silverware, and coins.
Top Online Platforms to Buy Silver in India (2026)
- Digital Gold & Silver Apps: PhonePe (MMTC-PAMP, SafeGold), Google Pay, Paytm, OroPocket (₹1 entry, Bitcoin rewards).
- Jewellery Brand Platforms: Tanishq, CaratLane, Kalyan Jewellers Candere (silver coins, bars, utensils).
- Physical Bullion Platforms: MMTC-PAMP (999.9 purity silver bars/coins), Augmont, Motilal Oswal.
What This Means for Investors
Silver’s sharp rebound from recent lows demonstrates the metal’s sensitivity to geopolitical developments. The current levels offer a potential entry point for long-term investors. Key levels to watch:
International:
- Support: $86.00 per ounce
- Resistance: $89.00 per ounce
Domestic:
- Support: ₹2,75,000 per kg
- Resistance: ₹2,90,000 per kg
Silver’s dual status as a precious and industrial metal offers long-term investors distinct diversification potential. While the metal’s volatility makes it challenging for short-term traders, it does give opportunities for systematic investors to accumulate. Systematic investment plans (SIPs) in digital silver or silver ETFs remain a popular strategy for investing in the precious metals market while minimizing entry timing risk.
