Silver Price Today, 18 April 2026: Silver prices in India have experienced a sharp correction of approximately ₹5,000 per kg ahead of the Akshaya Tritiya festival on Sunday, 19 April. This decline offers a window of relief for retail buyers following a volatile week where prices had previously jumped by nearly ₹15,000. Global markets are largely closed for the weekend, but spot silver finished the trading week on a strong note, supported by industrial demand and a weaker US dollar.
Domestic Silver Prices (India) – 18 April 2026
In the domestic market, silver prices dipped today as investors locked in profits ahead of the auspicious festival.
- 999 Pure Silver (Per Gram): ₹265 (-₹5)
- 999 Pure Silver (Per 10 Grams): ₹2,650 (-₹50)
- 999 Pure Silver (Per KG): ₹2,65,000 (-₹5,000)
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: ₹2,750 | 100 gram: ₹27,500 | 1 kg: ₹2,75,000
Mumbai Silver Rate Today
- 10 gram: ₹2,650 | 100 gram: ₹26,500 | 1 kg: ₹2,65,000
Delhi Silver Rate Today
- 10 gram: ₹2,650 | 100 gram: ₹26,500 | 1 kg: ₹2,65,000
Kolkata Silver Rate Today
- 10 gram: ₹2,650 | 100 gram: ₹26,500 | 1 kg: ₹2,65,000
Bangalore Silver Rate Today
- 10 gram: ₹2,650 | 100 gram: ₹26,500 | 1 kg: ₹2,65,000
Hyderabad Silver Rate Today
- 10 gram: ₹2,750 | 100 gram: ₹27,500 | 1 kg: ₹2,75,000
Kerala Silver Rate Today
- 10 gram: ₹2,750 | 100 gram: ₹27,500 | 1 kg: ₹2,75,000
Pune Silver Rate Today
- 10 gram: ₹2,650 | 100 gram: ₹26,500 | 1 kg: ₹2,65,000
Vadodara Silver Rate Today
- 10 gram: ₹2,650 | 100 gram: ₹26,500 | 1 kg: ₹2,65,000
Ahmedabad Silver Rate Today
- 10 gram: ₹2,650 | 100 gram: ₹26,500 | 1 kg: ₹2,65,000
Note: Southern markets (Chennai, Hyderabad, Kerala) continue to hold a ₹10,000 premium over other metros.
International Silver Rates Today
- Spot Silver (XAG/USD): Trading around $81.50 – $83.50 per ounce
- Performance: Weekly gains hovered near 3.5%, as peace talk optimism in West Asia initially reduced the dollar’s safe-haven appeal
Silver Rate in India for Last 10 Days (1 kg)
| Date | Silver Rate (per kg) | Daily Change |
|---|---|---|
| 18 Apr 2026 | ₹2,65,000 | -₹5,000 |
| 17 Apr 2026 | ₹2,70,000 | 0 |
| 16 Apr 2026 | ₹2,70,000 | +₹15,000 |
| 15 Apr 2026 | ₹2,55,000 | 0 |
| 14 Apr 2026 | ₹2,55,000 | -₹5,000 |
| 13 Apr 2026 | ₹2,60,000 | 0 |
| 12 Apr 2026 | ₹2,60,000 | 0 |
| 11 Apr 2026 | ₹2,60,000 | +₹5,000 |
| 10 Apr 2026 | ₹2,55,000 | -₹5,000 |
| 09 Apr 2026 | ₹2,60,000 | +₹10,000 |
Akshaya Tritiya Silver Purchase (19 April 2026)
Auspicious Muhurat
- Buying silver is considered lucky during the Tritiya Tithi, which begins at 10:49 AM on April 19 and ends at 07:27 AM on April 20
Puja Timing
- The most auspicious window for prayers is between 10:49 AM and 12:20 PM on Sunday
Buying Tip
- Final retail prices will include 3% GST and making charges, which typically range from 5% to 25% depending on the design complexity
MCX Performance
- MCX Silver Futures (May delivery): Settled near ₹2,50,052 per kg on the last trading session
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
Festive Demand
- Akshaya Tritiya, one of the most auspicious days for silver purchases in India, is expected to drive strong physical buying
Can Silver Prices Rise Again?
- Technical Levels: Support at $80 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 ₹10,000 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
- Festive Buying: Akshaya Tritiya is one of the most auspicious days for silver purchases in India
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.
