Silver Price Today, 17 April 2026: Silver prices remain steady at elevated levels following a sharp rebound earlier in the week. Optimism surrounding the revised US-Iran peace talks has provided stability to precious metals. Global spot silver continues to trade strongly, holding its ground after reclaiming a solid standing earlier in the week. Following a massive jump of ₹15,000 per kg earlier this week, retail silver rates across India are holding firm today.
Domestic Silver Prices (India) – 17 April 2026
Following a massive jump of ₹15,000 per kg earlier this week, retail silver rates across India are holding firm today.
- 999 Pure Silver (Per Gram): ₹269.90 (-₹0.10)
- 999 Pure Silver (Per 10 Grams): ₹2,699 (-₹1)
- 999 Pure Silver (Per KG): ₹2,69,900 (-₹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: ₹2,749 | 100 gram: ₹27,490 | 1 kg: ₹2,74,900
Mumbai Silver Rate Today
- 10 gram: ₹2,699 | 100 gram: ₹26,990 | 1 kg: ₹2,69,900
Delhi Silver Rate Today
- 10 gram: ₹2,699 | 100 gram: ₹26,990 | 1 kg: ₹2,69,900
Kolkata Silver Rate Today
- 10 gram: ₹2,699 | 100 gram: ₹26,990 | 1 kg: ₹2,69,900
Bangalore Silver Rate Today
- 10 gram: ₹2,699 | 100 gram: ₹26,990 | 1 kg: ₹2,69,900
Hyderabad Silver Rate Today
- 10 gram: ₹2,749 | 100 gram: ₹27,490 | 1 kg: ₹2,74,900
Kerala Silver Rate Today
- 10 gram: ₹2,749 | 100 gram: ₹27,490 | 1 kg: ₹2,74,900
Pune Silver Rate Today
- 10 gram: ₹2,699 | 100 gram: ₹26,990 | 1 kg: ₹2,69,900
Vadodara Silver Rate Today
- 10 gram: ₹2,699 | 100 gram: ₹26,990 | 1 kg: ₹2,69,900
Ahmedabad Silver Rate Today
- 10 gram: ₹2,699 | 100 gram: ₹26,990 | 1 kg: ₹2,69,900
Note: Southern markets (Chennai, Hyderabad, Kerala) continue to hold a ₹5,000 premium over other metros.
International Silver Rates Today
- Spot Silver (XAG/USD): Hovering around $79.00 to $83.50 per ounce
- Market Sentiment: The potential extension of the two-week ceasefire has decreased immediate safe-haven demand for the US dollar, keeping silver well bid.
Silver Rate in India for Last 10 Days (1 kg)
| Date | Silver Rate (per kg) | Daily Change |
|---|---|---|
| 17 Apr 2026 | ₹2,69,900 | -₹100 |
| 16 Apr 2026 | ₹2,70,000 | 0 |
| 15 Apr 2026 | ₹2,70,000 | +₹15,000 |
| 14 Apr 2026 | ₹2,55,000 | 0 |
| 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 |
Peace Talks Impact & Market Outlook
Diplomatic Resumption
- Reports that both nations are considering extending the two-week ceasefire are calming extreme energy spikes and maintaining a steady risk-off environment
Physical Constraints
- Strong industrial demand for the “green transition” acts as a floor for prices despite rapid short-term geopolitical fluctuations
MCX Performance
- MCX Silver Futures (May delivery) is hovering steadily above the ₹2,50,000 per kg mark
Can Silver Prices Rise Again?
- Technical Levels: Support at $78 per ounce; resistance at $85
- Peace Talks Outcome: Progress in ceasefire extension could maintain stability, while breakdown could renew volatility
- 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.
