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Silver Price Today [10 March, 2026]: Silver Rebounds to $87.90 as Geopolitical Jitters Offset Dollar Strength; Domestic Rates Soften to ₹2.79 Lakh/kg | Check City-Wise Rates

Silver Price Today, 10 March 2026: Silver prices rebound 4% to $87.90/oz as Middle East tensions drive safe-haven demand, though a strong dollar caps gains. Domestic rates soften to ₹2.79 lakh/kg. Get city-wise rates for Delhi, Mumbai, Chennai & more.

Published by Prakriti Parul

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.

Prakriti Parul