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Silver Price Today, 22 March 2026: Silver prices have stabilized near recent lows following a sharp sell-off driven by a stronger US dollar and profit-taking. International spot silver is trading around $69.66 per ounce, while domestic rates in India have held steady at approximately ₹2.45 lakh per kilogram, with southern cities commanding a modest premium.
International Silver Rates
| Metric | Value |
|---|---|
| Spot Silver (USD/oz) | $69.66 |
| Price Movement | Down 16.95% to 21% month-to-date |
| Market Drivers | Stronger US dollar & profit-taking |
Silver (SIW00) Price Chart
| Time | Price (USD) |
|---|---|
| 20 Mar, 2:00 pm | $72.00 |
| 20 Mar, 7:00 pm | $70.50 |
| 21 Mar, 12:00 am | $69.80 |
| 21 Mar, 5:00 am | $69.66 |
- Open: $72.83
- High: $74.62
- Low: $67.74
- Previous Close: $71.22
- Volume: 49,058
- Open Interest: 73,318
- Daily Change: -2.18%
Domestic Silver Prices (India) – 22 March 2026
| Category | Per Gram | Per 10 Grams | Per Kg | Daily Change |
|---|---|---|---|---|
| Silver 999 (Fine) | ₹245 | ₹2,450 | ₹2,45,000 | 0 |
Today Silver Price Per Gram/Kg in India (INR)
| Gram | Today | Yesterday | Change |
|---|---|---|---|
| 1 | ₹245 | ₹245 | 0 |
| 8 | ₹1,960 | ₹1,960 | 0 |
| 10 | ₹2,450 | ₹2,450 | 0 |
| 100 | ₹24,500 | ₹24,500 | 0 |
| 1000 | ₹2,45,000 | ₹2,45,000 | 0 |
City-wise Silver Rates (per kg)
| City | Silver Rate (per kg) |
|---|---|
| Chennai | ₹2,50,000 |
| Hyderabad | ₹2,50,000 |
| Kerala | ₹2,50,000 |
| Delhi | ₹2,45,000 |
| Mumbai | ₹2,45,000 |
| Kolkata | ₹2,45,000 |
| Bangalore | ₹2,45,000 |
| Pune | ₹2,45,000 |
| Ahmedabad | ₹2,45,000 |
Indian Major Cities Silver Rates Today
| City | 10 gram | 100 gram | 1 Kg |
|---|---|---|---|
| Chennai | ₹2,500 | ₹25,000 | ₹2,50,000 |
| Mumbai | ₹2,450 | ₹24,500 | ₹2,45,000 |
| Delhi | ₹2,450 | ₹24,500 | ₹2,45,000 |
| Kolkata | ₹2,450 | ₹24,500 | ₹2,45,000 |
| Bangalore | ₹2,450 | ₹24,500 | ₹2,45,000 |
| Hyderabad | ₹2,500 | ₹25,000 | ₹2,50,000 |
| Kerala | ₹2,500 | ₹25,000 | ₹2,50,000 |
| Pune | ₹2,450 | ₹24,500 | ₹2,45,000 |
| Vadodara | ₹2,450 | ₹24,500 | ₹2,45,000 |
| Ahmedabad | ₹2,450 | ₹24,500 | ₹2,45,000 |
Silver Rate in India for Last 10 Days
| Date | 10 gram | 100 gram | 1 Kg |
|---|---|---|---|
| 22 Mar, 2026 | ₹2,450 | ₹24,500 | ₹2,45,000 |
| 21 Mar, 2026 | ₹2,450 | ₹24,500 | ₹2,45,000 |
| 20 Mar, 2026 | ₹2,550 | ₹25,500 | ₹2,55,000 |
| 19 Mar, 2026 | ₹2,600 | ₹26,000 | ₹2,60,000 |
| 18 Mar, 2026 | ₹2,650 | ₹26,500 | ₹2,65,000 |
| 17 Mar, 2026 | ₹2,750 | ₹27,500 | ₹2,75,000 |
| 16 Mar, 2026 | ₹2,700 | ₹27,000 | ₹2,70,000 |
| 15 Mar, 2026 | ₹2,750 | ₹27,500 | ₹2,75,000 |
| 14 Mar, 2026 | ₹2,750 | ₹27,500 | ₹2,75,000 |
| 13 Mar, 2026 | ₹2,799 | ₹27,990 | ₹2,79,900 |
Silver Price Movement in March 2026
| Metric | Rate (₹/kg) |
|---|---|
| 1 March Opening | 2,95,000 |
| 2 March Peak | 3,15,000 |
| 22 March Closing | 2,45,000 |
| Highest Rate in March | 3,15,000 (02 March) |
| Lowest Rate in March | 2,45,000 (22 March) |
| Monthly Change | -16.95% |
| Price Trend | Sharp decline from peak |
Market Context
- Volatility: The silver market in March 2026 has been highly volatile, with prices in India swinging between ₹2,45,000 and ₹3,15,000 per kg.
- Drivers: The recent price decline is attributed to a stronger US dollar and profit-taking by investors following high volatility in March.
- International Trend: Silver has fallen roughly 16.95% to 21% month-to-date from its March high of ₹3,15,000 per kg.
Can Silver Prices Fall Further?
Short-Term Outlook:
- Dollar Strength: If the US dollar continues to strengthen, silver could test lower levels. The next major support is around $65 per ounce.
- Profit-Taking: After the sharp rally earlier this year, profit-taking may continue if no fresh catalysts emerge.
- Industrial Demand: Silver’s industrial uses in electronics and solar panels could provide a floor if global manufacturing picks up.
Domestic Factors:
- Rupee Movement: A weaker rupee could cushion some of the international price fall for Indian buyers.
- Import Costs: Prices include a 3% GST and additional import duties on physical silver.
- Regional Premiums: Southern cities like Chennai and Hyderabad typically command a ₹5,000 premium due to higher demand.
- Expert View: Analysts suggest that if the dollar index continues to strengthen, silver could test $65 in the coming weeks. However, any escalation in geopolitical tensions or pickup in industrial demand could trigger a rebound. The current levels represent a significant correction from March peaks, offering potential accumulation opportunities for long-term investors.
Key Considerations for Buyers
- Taxes: Domestic purchases are subject to a 3% GST in addition to the quoted market price.
- Making Charges: For physical silver items like utensils or jewellery, making charges typically range from 5% to 25%.
- Investment Options: Besides physical bars, investors can consider Silver ETFs or digital silver to track market prices.
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.
