Silver Price Today, 27 March 2026: Silver prices have stabilized after recent volatility, with international spot silver trading at approximately $68.71 per ounce. In India, the domestic price for 999 fine silver is roughly ₹2,49,900 per kilogram, showing a minor dip of ₹100 from the previous day. A stronger US dollar and rising Treasury yields have dampened demand, though geopolitical tensions continue to provide underlying support.
International Silver Rates
Spot Silver: ~$68.71 per ounce. Recent Performance: Prices have retreated significantly from early March peaks of $121.64 as a stronger US dollar and rising Treasury yields dampened demand. Market Sentiment: Investors are weighing geopolitical tensions against resilient US economic data, which suggests the Federal Reserve may maintain steady interest rates.
Silver (SIW00) Price Chart
- Open: $68.36
- High: $69.11
- Low: $68.28
- Previous Close: $67.93
- Volume: 1,131
- Open Interest: 73,756
- Daily Change: +1.14%
Domestic Silver Prices (India) – 27 March 2026
| Category | Per Gram | Per 10 Grams | Per Kg | Daily Change |
|---|---|---|---|---|
| Silver 999 (Fine) | ₹249.90 | ₹2,499 | ₹2,49,900 | -₹100 |
Today Silver Price Per Gram/Kg in India (INR)
| Gram | Today | Yesterday | Change |
|---|---|---|---|
| 1 | ₹249.90 | ₹250 | – ₹0.10 |
| 8 | ₹1,999.20 | ₹2,000 | – ₹0.80 |
| 10 | ₹2,499 | ₹2,500 | – ₹1 |
| 100 | ₹24,990 | ₹25,000 | – ₹10 |
| 1000 | ₹2,49,900 | ₹2,50,000 | – ₹100 |
City-wise Silver Rates (per kg)
Most major cities report nearly uniform rates, with a premium typically seen in southern regions.
| City | Silver Rate (per kg) |
|---|---|
| Delhi | ₹2,49,900 |
| Mumbai | ₹2,49,900 |
| Kolkata | ₹2,49,900 |
| Pune | ₹2,49,900 |
| Ahmedabad | ₹2,49,900 |
| Bangalore | ₹2,50,200 |
| Chennai | ₹2,59,900 |
| Hyderabad | ₹2,59,900 |
| Kerala | ₹2,59,900 |
Indian Major Cities Silver Rates Today
| City | 10 gram | 100 gram | 1 Kg |
|---|---|---|---|
| Chennai | ₹2,599 | ₹25,990 | ₹2,59,900 |
| Mumbai | ₹2,499 | ₹24,990 | ₹2,49,900 |
| Delhi | ₹2,499 | ₹24,990 | ₹2,49,900 |
| Kolkata | ₹2,499 | ₹24,990 | ₹2,49,900 |
| Bangalore | ₹2,502 | ₹25,020 | ₹2,50,200 |
| Hyderabad | ₹2,599 | ₹25,990 | ₹2,59,900 |
| Kerala | ₹2,599 | ₹25,990 | ₹2,59,900 |
| Pune | ₹2,499 | ₹24,990 | ₹2,49,900 |
| Vadodara | ₹2,499 | ₹24,990 | ₹2,49,900 |
| Ahmedabad | ₹2,499 | ₹24,990 | ₹2,49,900 |
Silver Rate in India for Last 10 Days
| Date | 10 gram | 100 gram | 1 Kg |
|---|---|---|---|
| 27 Mar, 2026 | ₹2,499 | ₹24,990 | ₹2,49,900 |
| 26 Mar, 2026 | ₹2,500 | ₹25,000 | ₹2,50,000 |
| 25 Mar, 2026 | ₹2,500 | ₹25,000 | ₹2,50,000 |
| 24 Mar, 2026 | ₹2,350 | ₹23,500 | ₹2,35,000 |
| 23 Mar, 2026 | ₹2,300 | ₹23,000 | ₹2,30,000 |
| 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 |
Silver Price Movement in March 2026
| Metric | Rate (₹/kg) |
|---|---|
| 1 March Opening | 2,95,000 |
| 2 March Peak | 3,15,000 |
| 27 March Closing | 2,49,900 |
| Highest Rate in March | 3,15,000 (02 March) |
| Lowest Rate in March | 2,30,000 (23 March) |
| Monthly Change | -15.29% |
| Price Trend | Falling from peak |
Key Market Insights
- Monthly Trend: For March 2026, silver opened at ₹2,95,000/kg and peaked at ₹3,15,000 on March 2. It has since fallen roughly 15% to current levels.
- Regional Premiums: Cities like Chennai and Hyderabad often command a ₹10,000 premium per kg due to higher local cultural and industrial demand.
- Investment Alternatives: Silver ETFs such as Nippon India Silver ETF (SILVERBEES) and ICICI Prudential Silver ETF remain popular in 2026 for avoiding physical storage costs and GST.
- Currency Impact: The silver price in India is determined by international prices and currency movement of the rupee against the dollar.
Can Silver Prices Fall Further?
Short-Term Outlook:
- Dollar Strength: If the US dollar continues to strengthen, silver could test lower levels. The next major support is around $65 per ounce.
- Bond Yields: Rising yields make non-yielding assets like silver less attractive.
- Geopolitical Support: Ongoing West Asia tensions may limit downside.
Domestic Factors:
- Rupee Movement: A weaker rupee could cushion some of the international price fall for Indian buyers.
- Regional Premiums: Southern cities continue to command a ₹10,000 premium due to higher demand.
Expert View: Analysts suggest that if the dollar index continues to strengthen, silver could test $65 in the coming weeks. However, any escalation in geopolitical tensions could trigger a rebound.
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.
