Silver Price Today [9 March, 2026]: Silver Sees Moderate Volatility Near $84.37 Amid Middle East Crisis; Domestic Rates Hold at ₹2.84 Lakh/kg | Check City-Wise Rates

Silver Price Today, 9 March 2026: Due to ongoing geopolitical concerns and persistent industrial demand, domestic silver prices in India are still close to previous highs, while international silver prices are exhibiting mild volatility, trading at $84.37 per ounce. Following the severe fluctuations seen earlier this month, the white metal is still consolidating.

International Silver Prices (Spot Market)

Global silver markets are experiencing moderate volatility, with prices holding above key support levels amid persistent geopolitical concerns and industrial demand.

Metric	Value
Spot Silver	~$84.37 per ounce
Price per Gram	~$2.71
Price per Kilo	~$2,713

Key International Drivers:

• Geopolitical Impact: Ongoing hostilities, particularly between Iran and Israel, are driving investors to silver as a safe-haven asset.
• Industrial Demand: Rising demand for silver in electronics and renewable energy drives rising costs.
• Technical Consolidation: Following recent volatility, prices are consolidating around present levels.

Silver (SIW00) Price Chart

Time	Price (USD)
6 Mar 2026	$84.50
7 Mar 2026	$84.30
9 Mar 2026	$82.32

• Open: $84.62
• High: $85.30
• Low: $81.06
• Previous Close: $84.31
• Volume: 5,349
• Open Interest: 76,948

Domestic Silver Prices (India)

The standard rate for Indian silver remains around ₹2.84 lakh per kilogram, indicating a slight decrease. Retail prices include 3% GST and vary by city depending on local demand and transit costs.

Quantity	Standard Rate	Daily Change
Per Gram	₹284.90	-₹0.10
Per 10 Grams	₹2,849	-₹1
Per Kilogram	₹2,84,900	-₹100

Today Silver Price Per Gram/Kg in India (INR)

Gram	Today	Yesterday	Change
1	₹284.90	₹285	- ₹0.10
8	₹2,279.20	₹2,280	- ₹0.80
10	₹2,849	₹2,850	- ₹1
100	₹28,490	₹28,500	- ₹10
1000	₹2,84,900	₹2,85,000	- ₹100

Indian Major Cities Silver Rates Today

Rates show regional variation, with southern cities commanding a premium of up to ₹5,000 per kg over northern metros.

City	10 gram	100 gram	1 Kg
Chennai	₹2,899	₹28,990	₹2,89,900
Mumbai	₹2,849	₹28,490	₹2,84,900
Delhi	₹2,849	₹28,490	₹2,84,900
Kolkata	₹2,849	₹28,490	₹2,84,900
Bangalore	₹2,849	₹28,490	₹2,84,900
Hyderabad	₹2,899	₹28,990	₹2,89,900
Kerala	₹2,899	₹28,990	₹2,89,900
Pune	₹2,849	₹28,490	₹2,84,900
Vadodara	₹2,849	₹28,490	₹2,84,900
Ahmedabad	₹2,849	₹28,490	₹2,84,900

City-Wise Rates (Per Kg) – Snapshot

City	Today's Price	Yesterday's Price
Chennai	₹2,90,000	₹2,90,000
Mumbai	₹2,85,000	₹2,85,000
Delhi	₹2,84,900	₹2,85,000
Bangalore	₹2,84,900	₹2,85,000
Hyderabad	₹2,89,900	₹2,89,900
Kerala	₹2,89,900	₹2,89,900
Kolkata	₹2,84,900	₹2,85,000
Pune	₹2,84,900	₹2,85,000

Silver Rate in India for Last 10 Days

Date	10 gram	100 gram	1 Kg
09 Mar, 2026	₹2,849	₹28,490	₹2,84,900
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
28 Feb, 2026	₹2,950	₹29,500	₹2,95,000

Silver Price Movement in March 2026

Metric	Rate (₹/kg)
1 March Opening	2,95,000
2 March Peak	3,15,000
9 March Closing	2,84,900
Highest Rate in March	3,15,000 (2 Mar)
Lowest Rate in March	2,84,900 (9 Mar)
Monthly Change	-3.42%
Price Trend	Consolidating after sharp fall

Key Market Insights

• Geopolitical Drivers: Ongoing conflicts, particularly involving Iran and Israel, continue to drive investors toward silver as a safe-haven asset.
• Industrial Background: Rising demand for silver in electronics and renewable energy continues to provide long-term structural support.
• Southern cities, including Chennai, Hyderabad, and Kerala, continue to attract a premium of ₹5,000 per kg above northern metros due to stronger cultural and industrial demand.
• Exchange Rate Impact: The USD-INR exchange rate has a significant impact on domestic costs; a weaker rupee makes imported silver more expensive in India.
• Silver is currently consolidating near ₹2.85 lakh, following a surge to ₹3.15 lakh on March 2 and subsequent drop.

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 ability to stay above critical support levels despite recent pullbacks indicates its durability. The current consolidation period may provide a window of opportunity for long-term investors. Keep an eye on these key levels:

International:

• Support: $81.00 per ounce
• Resistance: $85.50 per ounce

Domestic:

• Support: ₹2,75,000 per kg
• Resistance: ₹2,95,000 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.