Silver Price Today, 4 April 2026: Silver prices have stabilized at lower levels following a sharp correction, with international spot silver trading at approximately $73.02 per ounce, down roughly 2.75% in the last session. A stronger US dollar and rising Treasury yields have pressured precious metals, while easing geopolitical tensions in West Asia have also reduced the safe-haven premium. In India, the domestic price for 999 fine silver is holding steady at ₹2.50 lakh per kilogram.
International Silver Rates
- Spot Silver: ~$73.02 per ounce
- Daily Change: Prices dropped roughly 2.75% in the last session
- Market Sentiment: A stronger US dollar and rising Treasury yields have pressured precious metals; easing geopolitical tensions in West Asia have also reduced the safe-haven premium
Domestic Silver Prices (India) – 4 April 2026
Domestic prices remained unchanged today after a significant ₹8,000 per kg crash on April 3.
- 1 Gram: ₹250
- 10 Grams: ₹2,500
- 1 Kilogram: ₹2,50,000
City-wise Silver Rates (per kg)
Delhi
- 1 kg: ₹2,50,000
- 10 grams: ₹2,500
Mumbai
- 1 kg: ₹2,50,000
- 10 grams: ₹2,500
Bangalore
- 1 kg: ₹2,50,000
- 10 grams: ₹2,500
Pune
- 1 kg: ₹2,50,000
- 10 grams: ₹2,500
Ahmedabad
- 1 kg: ₹2,50,000
- 10 grams: ₹2,500
Kolkata
- 1 kg: ₹2,50,000
- 10 grams: ₹2,500
Chennai
- 1 kg: ₹2,55,000
- 10 grams: ₹2,550
Hyderabad
- 1 kg: ₹2,55,000
- 10 grams: ₹2,550
Kerala
- 1 kg: ₹2,55,000
- 10 grams: ₹2,550
Vadodara
- 1 kg: ₹2,50,000
- 10 grams: ₹2,500
Note: Southern markets maintain a premium of ₹5,000 per kg due to higher local demand.
Silver Rate in India for Last 10 Days (1 kg)
| Date | Silver Rate (per kg) | Daily Change |
|---|---|---|
| 04 Apr 2026 | ₹2,50,000 | 0 |
| 03 Apr 2026 | ₹2,50,000 | 0 |
| 02 Apr 2026 | ₹2,50,000 | -₹5,000 |
| 01 Apr 2026 | ₹2,55,000 | +₹5,000 |
| 31 Mar 2026 | ₹2,50,000 | +₹5,000 |
| 30 Mar 2026 | ₹2,45,000 | 0 |
| 29 Mar 2026 | ₹2,45,000 | 0 |
| 28 Mar 2026 | ₹2,45,000 | +₹5,000 |
| 27 Mar 2026 | ₹2,40,000 | -₹10,000 |
| 26 Mar 2026 | ₹2,50,000 | 0 |
Key Market Insights
- Correction Phase: Silver has retreated over 20% from its early 2026 peak of $121.64
- MCX Trend: Silver futures for May delivery were last seen trading near ₹2,27,813 per kg
- US Dollar Impact: A stronger dollar continues to pressure dollar-denominated commodities
- Geopolitical Cooling: Easing tensions in West Asia have reduced safe-haven demand
Can Silver Prices Rise Again?
- Technical Levels: Support at $70 per ounce; resistance at $75
- Dollar Movement: Any pullback in the US dollar could trigger a rebound
- Geopolitical Factors: Escalation in West Asia tensions could renew safe-haven demand
- Industrial Demand: Strong electronics and solar sector demand provides a long-term floor
Key Considerations for Investors
- GST: Physical silver purchases attract an additional 3% GST
- Buying Tip: For pure investment, Silver ETFs are currently popular for avoiding storage risks and making charges
- Making Charges: For physical items, charges range from 5% to 25%
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.
