Silver Price Today, 11 April 2026: Silver prices have witnessed a rebound in domestic Indian markets after a period of intense volatility following the US-Iran ceasefire announcement. While international spot prices reached a 3-week high earlier this week, they have since consolidated as markets weigh a stronger US dollar against easing inflation fears. International spot silver saw a relief rally following the ceasefire, with technical support remaining strong near $75.00 due to declining physical holdings in global vaults and steady industrial demand. Domestic silver rates have rebounded today, gaining approximately ₹5,000 per kg in most major cities.
International Silver Rates
- Spot Silver (XAG/USD): Trading around $76.31 – $76.65 per ounce
- Trend: The “war premium” has partially evaporated, but technical support remains strong near $75.00 due to declining physical holdings in global vaults and steady industrial demand
- Context: Prices reached record highs near $121 earlier in 2026 but corrected significantly after a massive sell-off in January
Domestic Silver Prices (India) – 11 April 2026
Domestic silver rates have rebounded today, gaining approximately ₹5,000 per kg in most major cities.
- 999 Pure Silver (Per Gram): ₹260.10 (+₹0.10)
- 999 Pure Silver (Per 10 Grams): ₹2,601 (+₹1)
- 999 Pure Silver (Per KG): ₹2,60,100 (+₹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 (per kg)
| City | Today’s Price (11 Apr) | Status |
|---|---|---|
| New Delhi | ₹2,60,100 | Rebound (+₹100) |
| Mumbai | ₹2,60,100 | Rebound (+₹100) |
| Chennai | ₹2,65,100 | Premium market |
| Bangalore | ₹2,60,100 | Rebound (+₹100) |
| Hyderabad | ₹2,65,100 | Premium market |
| Kolkata | ₹2,60,100 | Rebound (+₹100) |
| Pune | ₹2,60,100 | Rebound (+₹100) |
| Ahmedabad | ₹2,60,100 | Rebound (+₹100) |
| Kerala | ₹2,65,100 | Premium market |
| Vadodara | ₹2,60,100 | Rebound (+₹100) |
Note: Southern Indian markets (Chennai, Hyderabad, Kerala) continue to trade at a premium of ₹5,000 compared to other metros.
Indian Major Cities Silver Rates Today (per kg)
| City | 10 gram | 100 gram | 1 Kg |
|---|---|---|---|
| Chennai | ₹2,651 | ₹26,510 | ₹2,65,100 |
| Mumbai | ₹2,601 | ₹26,010 | ₹2,60,100 |
| Delhi | ₹2,601 | ₹26,010 | ₹2,60,100 |
| Kolkata | ₹2,601 | ₹26,010 | ₹2,60,100 |
| Bangalore | ₹2,601 | ₹26,010 | ₹2,60,100 |
| Hyderabad | ₹2,651 | ₹26,510 | ₹2,65,100 |
| Kerala | ₹2,651 | ₹26,510 | ₹2,65,100 |
| Pune | ₹2,601 | ₹26,010 | ₹2,60,100 |
| Vadodara | ₹2,601 | ₹26,010 | ₹2,60,100 |
| Ahmedabad | ₹2,601 | ₹26,010 | ₹2,60,100 |
Silver Rate in India for Last 10 Days (1 kg)
| Date | Silver Rate (per kg) | Daily Change |
|---|---|---|
| 11 Apr 2026 | ₹2,60,100 | +₹100 |
| 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 |
| 04 Apr 2026 | ₹2,50,000 | 0 |
| 03 Apr 2026 | ₹2,50,000 | 0 |
| 02 Apr 2026 | ₹2,50,000 | -₹5,000 |
Market Summary
Ceasefire Impact
- International spot silver saw a relief rally following the ceasefire, though prices have slightly retreated from their initial peaks
- The “war premium” has partially evaporated, but technical support remains strong near $75.00
Key Drivers of the Rebound
- Industrial Demand: Declining physical holdings in global vaults and steady industrial demand are providing strong support
- MCX Performance: May futures are trading near ₹2,43,000 per kg, down slightly from the previous close as traders remain cautious about the ceasefire’s durability
- Technical Support: Strong support near $75.00 is preventing further downside
Can Silver Prices Rise Again?
- Technical Levels: Support at $75 per ounce; resistance at $78
- Industrial Demand: Steady demand from electronics and solar sectors provides a long-term floor
- Ceasefire Duration: The two-week window is temporary; any breakdown could renew safe-haven demand
- Fed Rate Expectations: Easing inflation from lower oil prices could lead to rate cuts, a positive for silver
- 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.
