Silver Price Today, 14 April 2026: Silver prices have plummeted significantly in both international and domestic markets. The collapse of the 21-hour marathon peace talks in Islamabad over the weekend and the subsequent U.S. naval blockade of the Strait of Hormuz have triggered a sharp “unwinding of optimism,” driving investors toward the U.S. dollar and away from precious metals. Domestic silver rates have mirrored the global sell-off, dropping by ₹5,000 per kg as of today.
Domestic Silver Prices (India) – 14 April 2026
In India, domestic silver rates have mirrored the global sell-off, dropping by ₹5,000 per kg as of today.
- 999 Pure Silver (Per Gram): ₹254.90 (-₹0.10)
- 999 Pure Silver (Per 10 Grams): ₹2,549 (-₹1)
- 999 Pure Silver (Per KG): ₹2,54,900 (-₹100)
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.
City-wise Silver Rates in India (Latest Update)
Silver prices across major Indian cities show slight variation, with southern markets continuing to trade at a premium compared to metro cities like Delhi and Mumbai. Below is the detailed city-wise breakdown of silver rates per 10 gram, 100 gram, and 1 kilogram.
Chennai Silver Rate Today
Chennai continues to remain one of the higher-priced southern markets.
- 10 gram: ₹2,599 | 100 gram: ₹25,990 | 1 kg: ₹2,59,900
Mumbai Silver Rate Today
- 10 gram: ₹2,549 | 100 gram: ₹25,490 | 1 kg: ₹2,54,900
Delhi Silver Rate Today
- 10 gram: ₹2,549 | 100 gram: ₹25,490 | 1 kg: ₹2,54,900
Kolkata Silver Rate Today
- 10 gram: ₹2,549 | 100 gram: ₹25,490 | 1 kg: ₹2,54,900
Bangalore Silver Rate Today
- 10 gram: ₹2,549 | 100 gram: ₹25,490 | 1 kg: ₹2,54,900
Hyderabad Silver Rate Today
- 10 gram: ₹2,599 | 100 gram: ₹25,990 | 1 kg: ₹2,59,900
Kerala Silver Rate Today
- 10 gram: ₹2,599 | 100 gram: ₹25,990 | 1 kg: ₹2,59,900
Pune Silver Rate Today
- 10 gram: ₹2,549 | 100 gram: ₹25,490 | 1 kg: ₹2,54,900
Vadodara Silver Rate Today
- 10 gram: ₹2,549 | 100 gram: ₹25,490 | 1 kg: ₹2,54,900
Ahmedabad Silver Rate Today
- 10 gram: ₹2,549 | 100 gram: ₹25,490 | 1 kg: ₹2,54,900
Note: Southern markets (Chennai, Hyderabad, Kerala) continue to hold a ₹5,000 premium over other metros.
International Silver Rates Today
- Spot Silver (XAG/USD): Trading near $74.07 – $74.45 per ounce
- Trend: Prices are down approximately 1.9% to 2.4% in recent sessions
- Market Drivers: The failure of negotiations led to an “absolute unwinding” of optimism, with capital flowing into the US Dollar Index, which gained as much as 0.5%
Silver Rate in India for Last 10 Days (1 kg)
| Date | Silver Rate (per kg) | Daily Change |
|---|---|---|
| 14 Apr 2026 | ₹2,54,900 | -₹100 |
| 13 Apr 2026 | ₹2,55,000 | -₹5,000 |
| 12 Apr 2026 | ₹2,60,000 | 0 |
| 11 Apr 2026 | ₹2,60,000 | 0 |
| 10 Apr 2026 | ₹2,60,000 | +₹5,000 |
| 09 Apr 2026 | ₹2,55,000 | -₹5,000 |
| 08 Apr 2026 | ₹2,60,000 | +₹10,000 |
| 07 Apr 2026 | ₹2,50,000 | 0 |
| 06 Apr 2026 | ₹2,50,000 | 0 |
| 05 Apr 2026 | ₹2,50,000 | 0 |
Impact of the Failed Islamabad Talks
Chokepoint Concerns
- The U.S. Navy has reportedly prepared a blockade of the Strait of Hormuz after talks failed to address Iran’s nuclear program and the chokepoint’s closure
Oil & Inflation
- Brent crude jumped over 7.4% to $102.31 per barrel. High energy costs are fueling expectations that the Federal Reserve will hold interest rates steady or higher, which increases the opportunity cost of holding non-yielding silver
Volatility Outlook
- Analysts from JM Financial and City Index expect a highly turbulent week as markets track the “bad news” from the negotiations
MCX Performance
- MCX Silver Futures (May): Trading lower near ₹2,38,779 per kg, as selling pressure continued
Market Summary
- Price Action: Silver is down between 1.9% and 2.4% in recent sessions following the collapse of peace talks
- Market Sentiment: The failure of negotiations led to an “absolute unwinding” of optimism, with capital flowing into the US Dollar
- Key Drivers: Dollar dominance, Strait of Hormuz blockade concerns, and inflation fears are currently influencing prices
Can Silver Prices Rise Again?
- Technical Levels: Support at $73 per ounce; resistance at $76
- Geopolitical Factors: The U.S. naval blockade of the Strait of Hormuz could escalate, renewing safe-haven demand, though dollar strength is currently dominating
- Fed Rate Expectations: Rising oil prices could trigger inflation, potentially forcing central banks to keep rates higher
- Industrial Demand: Strong electronics and solar sector demand provides a long-term floor
- Regional Premiums: Southern markets command ₹5,000 premium due to higher local demand
Key Considerations for Buyers
- GST: 3% applicable on silver value
- Making Charges: Typically range from 5% to 25% for physical items
- Regional Premiums: Southern cities command higher rates due to increased cultural and industrial demand
Disclaimer: Silver price in India is determined by international prices and currency movement. All rates are indicative and exclude GST and making charges. Please check with local jewellers for exact pricing.
