Silver Price Today, 29 March 2026: Silver prices have largely stabilized following a week of significant volatility. Internationally, spot silver is trading at approximately $69.80 per ounce. In India, the domestic price for 999 fine silver is roughly ₹2,45,000 per kilogram in most northern cities, while southern regions maintain a premium at ₹2,50,000 per kg. The market is currently seeing a steadying trend after a recent rebound from mid-month lows.
International Silver Rates
Spot Silver: ~$69.80 per ounce. Day Change: The market is currently seeing a steadying trend after a recent rebound from mid-month lows. Market Sentiment: Prices are being influenced by a fluctuating US dollar and shifts in investor focus toward safe-haven assets amid global policy uncertainties.
Silver (SIW00) Price Chart
- Open: $68.36
- High: $71.78
- Low: $67.44
- Previous Close: $67.93
- Volume: 42,473
- Open Interest: 71,746
- Daily Change: +2.75%
Domestic Silver Prices (India) – 29 March 2026
Domestic rates remain steady today after rising approximately ₹5,000 per kg on March 28.
| Category | Per Gram | Per 10 Grams | Per Kg | Daily Change |
|---|---|---|---|---|
| Silver 999 (Fine) | ₹245 | ₹2,450 | ₹2,45,000 | 0 |
Today Silver Price Per Gram/Kg in India (INR)
| Gram | Today | Yesterday | Change |
|---|---|---|---|
| 1 | ₹245 | ₹245 | 0 |
| 8 | ₹1,960 | ₹1,960 | 0 |
| 10 | ₹2,450 | ₹2,450 | 0 |
| 100 | ₹24,500 | ₹24,500 | 0 |
| 1000 | ₹2,45,000 | ₹2,45,000 | 0 |
City-wise Silver Rates (per kg)
| City | Silver Rate (per kg) |
|---|---|
| Delhi | ₹2,45,000 |
| Mumbai | ₹2,45,000 |
| Kolkata | ₹2,45,000 |
| Bangalore | ₹2,45,000 |
| Pune | ₹2,45,000 |
| Ahmedabad | ₹2,45,000 |
| Chennai | ₹2,50,000 |
| Hyderabad | ₹2,50,000 |
| Kerala | ₹2,50,000 |
Indian Major Cities Silver Rates Today
| City | 10 gram | 100 gram | 1 Kg |
|---|---|---|---|
| Chennai | ₹2,500 | ₹25,000 | ₹2,50,000 |
| Mumbai | ₹2,450 | ₹24,500 | ₹2,45,000 |
| Delhi | ₹2,450 | ₹24,500 | ₹2,45,000 |
| Kolkata | ₹2,450 | ₹24,500 | ₹2,45,000 |
| Bangalore | ₹2,450 | ₹24,500 | ₹2,45,000 |
| Hyderabad | ₹2,500 | ₹25,000 | ₹2,50,000 |
| Kerala | ₹2,500 | ₹25,000 | ₹2,50,000 |
| Pune | ₹2,450 | ₹24,500 | ₹2,45,000 |
| Vadodara | ₹2,450 | ₹24,500 | ₹2,45,000 |
| Ahmedabad | ₹2,450 | ₹24,500 | ₹2,45,000 |
Silver Rate in India for Last 10 Days
| Date | 10 gram | 100 gram | 1 Kg |
|---|---|---|---|
| 29 Mar, 2026 | ₹2,450 | ₹24,500 | ₹2,45,000 |
| 28 Mar, 2026 | ₹2,450 | ₹24,500 | ₹2,45,000 |
| 27 Mar, 2026 | ₹2,400 | ₹24,000 | ₹2,40,000 |
| 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 |
Silver Price Movement in March 2026
| Metric | Rate (₹/kg) |
|---|---|
| 1 March Opening | 2,95,000 |
| 2 March Peak | 3,15,000 |
| 29 March Closing | 2,45,000 |
| Highest Rate in March | 3,15,000 (02 March) |
| Lowest Rate in March | 2,30,000 (23 March) |
| Monthly Change | -16.95% |
| Price Trend | Stabilizing after sharp decline |
Key Market Drivers
- MCX Performance: The silver contract on the Multi Commodity Exchange (MCX) was last seen gaining nearly 1%, settling around ₹2,22,000 per kg during the Friday session.
- Monthly Trend: Despite recent daily gains, silver has seen a sharp overall correction in March 2026, falling nearly 17% from its peak of over ₹3.15 lakh per kg earlier in the month.
- Industrial Demand: Consistent demand from the solar energy and electronics sectors continues to provide a long-term floor for silver prices even during periods of investment volatility.
- Regional Premiums: Southern cities like Chennai, Hyderabad, and Kerala continue to command a ₹5,000 premium per kg due to higher local cultural and industrial demand.
Can Silver Prices Rise Further?
Short-Term Outlook:
- Dollar Movement: Further weakness in the US dollar could boost silver prices. The next resistance is around $72 per ounce.
- Safe-Haven Demand: Ongoing global policy uncertainties and geopolitical tensions may support safe-haven buying.
- Industrial Support: Consistent demand from solar and electronics sectors provides a long-term floor.
Domestic Factors:
- Rupee Movement: A weaker rupee could make domestic silver more expensive.
- Regional Premiums: Southern cities continue to command a ₹5,000 premium due to higher demand.
- Expert View: Analysts suggest that silver’s stabilization after recent volatility may signal the end of the sharp correction. The significant discount from early-March peaks may present an attractive entry point for long-term investors.
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.
