Silver Price Today, 26 March 2026: Silver prices have rebounded strongly following a sharp mid-month correction, with international spot silver trading near $72.11 per ounce, gaining over 3.6%. In India, domestic prices have jumped approximately ₹15,000 per kilogram, reversing a 10-day losing streak, with 999 fine silver now trading at ₹2.50 lakh per kg.
International Silver Rates
Spot Silver: ~$72.11 per ounce. Day Change: Up approximately 3.65%. Market Drivers: A weaker US dollar and a broad-based recovery in precious metals have fueled the recent surge.
Silver (SIW00) Price Chart
- Open: $71.50
- High: $71.90
- Low: $71.14
- Previous Close: $72.64
- Volume: 583
- Open Interest: 73,976
- Daily Change: -1.70%
Domestic Silver Prices (India) – 26 March 2026
The domestic market saw a significant daily increase of around ₹15,000 per kg on March 25, reversing a 10-day losing streak.
| Category | Per Gram | Per 10 Grams | Per Kg | Daily Change |
|---|---|---|---|---|
| Silver 999 (Fine) | ₹250 | ₹2,500 | ₹2,50,000 | +₹15,000 |
Today Silver Price Per Gram/Kg in India (INR)
| Gram | Today | Yesterday | Change |
|---|---|---|---|
| 1 | ₹250 | ₹235 | + ₹15 |
| 8 | ₹2,000 | ₹1,880 | + ₹120 |
| 10 | ₹2,500 | ₹2,350 | + ₹150 |
| 100 | ₹25,000 | ₹23,500 | + ₹1,500 |
| 1000 | ₹2,50,000 | ₹2,35,000 | + ₹15,000 |
City-wise Silver Rates Today
| City | 10 gram | 100 gram | 1 Kg |
|---|---|---|---|
| Chennai | ₹2,600 | ₹26,000 | ₹2,60,000 |
| Mumbai | ₹2,500 | ₹25,000 | ₹2,50,000 |
| Delhi | ₹2,500 | ₹25,000 | ₹2,50,000 |
| Kolkata | ₹2,500 | ₹25,000 | ₹2,50,000 |
| Bangalore | ₹2,500 | ₹25,000 | ₹2,50,000 |
| Hyderabad | ₹2,600 | ₹26,000 | ₹2,60,000 |
| Kerala | ₹2,600 | ₹26,000 | ₹2,60,000 |
| Pune | ₹2,500 | ₹25,000 | ₹2,50,000 |
| Vadodara | ₹2,500 | ₹25,000 | ₹2,50,000 |
| Ahmedabad | ₹2,500 | ₹25,000 | ₹2,50,000 |
Silver Rate in India for Last 10 Days
| Date | 10 gram | 100 gram | 1 Kg |
|---|---|---|---|
| 26 Mar, 2026 | ₹2,500 | ₹25,000 | ₹2,50,000 |
| 25 Mar, 2026 | ₹2,350 | ₹23,500 | ₹2,35,000 |
| 24 Mar, 2026 | ₹2,300 | ₹23,000 | ₹2,30,000 |
| 23 Mar, 2026 | ₹2,450 | ₹24,500 | ₹2,45,000 |
| 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 |
Silver Price Movement in March 2026
| Metric | Rate (₹/kg) |
|---|---|
| 1 March Opening | 2,95,000 |
| 2 March Peak | 3,15,000 |
| 26 March Closing | 2,50,000 |
| Highest Rate in March | 3,15,000 (02 March) |
| Lowest Rate in March | 2,30,000 (23 March) |
| Monthly Change | -15.25% |
| Price Trend | Recovering from lows |
Market Summary
- Volatility: After peaking at roughly ₹3.15 lakh per kg in early March, silver corrected sharply before finding support near the ₹2.30 lakh level.
- Safe-Haven Interest: Renewed demand is being driven by geopolitical developments and potential shifts in US monetary policy.
- MCX Performance: Silver futures for May 2026 delivery soared to an intraday high of ₹2,37,350 per kg during recent sessions.
- Regional Premiums: Southern cities like Chennai, Hyderabad, and Kerala command a ₹10,000 premium due to higher local demand.
Silver ETF vs. Physical Silver (2026)
Silver ETFs have emerged as a dominant investment choice in 2026 due to their high liquidity and lack of storage overheads.
| Feature | Silver ETFs | Physical Silver |
|---|---|---|
| Purity & Safety | Backed by 99.9% pure silver held in secure vaults, eliminating risk of adulteration or theft. | Requires verification; risk of adulteration. |
| Cost Efficiency | Avoids 3% GST and 5%–15% making charges. | Includes 3% GST and making charges. |
| Taxation | LTCG at 12.5% if held >12 months. | LTCG requires 24-month holding period. |
| Accessibility | SIPs starting at ₹100/month through platforms like Groww or Zerodha. | Requires full payment upfront. |
Top-Performing Silver ETFs in India (March 2026)
The following funds have seen massive one-year returns, often exceeding 200%, due to silver’s dual role in industrial sectors (solar, EV) and as a safe haven.
| ETF Name | 1-Year Return | Key Highlight |
|---|---|---|
| Nippon India Silver ETF (SILVERBEES) | ~212% | Largest AUM and highest market liquidity. |
| Tata Silver ETF | ~277% | Strongest short-term performer in early 2026. |
| UTI Silver ETF | ~206% | Consistent tracking with low expense ratios. |
| ICICI Prudential Silver ETF | ~222% | High growth in assets; preferred for cost efficiency. |
Can Silver Prices Rise Further?
Short-Term Outlook:
- Dollar Weakness: If the US dollar continues to soften, silver could test $75 per ounce.
- Industrial Demand: Silver’s dual role in solar panels, EVs, and electronics could provide additional support.
- Geopolitical Factors: Renewed safe-haven interest driven by West Asian tensions.
Domestic Factors:
- Rupee Movement: A weaker rupee could make domestic silver more expensive.
- Import Costs: Prices include a 3% GST and additional import duties on physical silver.
- Regional Premiums: Southern cities typically command a ₹10,000 premium due to higher demand.
Expert View: Analysts suggest that if the dollar index continues to weaken, silver could test $75 in the coming weeks. The sharp recovery from monthly lows indicates renewed investor interest in the white metal.
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 for cost-effective and liquid exposure.
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.
