Silver Price Today, 5 April 2026: Silver prices have seen significant volatility, with recent sharp declines globally and a cooling trend in domestic markets. International spot silver is trading under pressure at approximately $73.02 per ounce due to a surging US dollar and shifting geopolitical expectations. Prices recently hit an all-time high of ~$121 in January 2026 but have since retreated over 20% as safe-haven flows moved into the dollar. In India, domestic rates have stabilised in the last 48 hours after a period of high volatility, holding at approximately ₹2.50 lakh per kilogram.
International Silver Rates
- Spot Silver: ~$73.02 per ounce | ~$2.35 per gram | ~$2,347.65 per kilogram
- Trend: Prices hit an all-time high of ~$121 in January 2026 but have since retreated over 20% due to safe-haven flows into the dollar
- Market Sentiment: A surging US dollar and shifting geopolitical expectations are currently weighing on prices
Silver (SIW00) Price Chart
- Open: $75.15 | High: $75.98 | Low: $69.61
- Previous Close: $72.92 | Volume: 51,377 | Open Interest: 71,054
- Daily Change: -0.01%
Domestic Silver Prices (India) – 5 April 2026
Domestic rates have stabilised in the last 48 hours after a period of high volatility.
- 1 Gram: ₹250 – ₹255
- 10 Grams: ₹2,500 – ₹2,550
- 1 Kilogram: ₹2,50,000 – ₹2,55,000
Note: These prices typically exclude the 3% GST applicable on silver purchases in India. For physical items like silverware or jewellery, making charges generally range from 5% to 25% depending on design complexity.
City-wise Silver Rates (per kg)
Delhi
Silver Rate: ₹2,55,000
Mumbai
Silver Rate: ₹2,50,000
Chennai
Silver Rate: ₹2,55,000
Bangalore
Silver Rate: ₹2,55,000
Hyderabad
Silver Rate: ₹2,55,000
Kolkata
Silver Rate: ₹2,50,000
Pune
Silver Rate: ₹2,50,000
Ahmedabad
Silver Rate: ₹2,50,000
Kerala
Silver Rate: ₹2,55,000
Vadodara
Silver Rate: ₹2,50,000
Silver Rate in India for Last 10 Days (1 kg)
| Date | Silver Rate (per kg) | Daily Change |
|---|---|---|
| 05 Apr 2026 | ₹2,50,000 | 0 |
| 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 |
Market Summary
- April Trend: Silver opened April at ₹2,55,000 per kg and has since declined to ₹2,50,000, a fall of approximately 1.96%
- Year-on-Year: While prices have dipped from their 2026 peaks, they remain nearly 147% higher than April 2025 levels
- Key Drivers: A surging US dollar and shifting geopolitical expectations are currently weighing on prices
- Market Sentiment: Prices have stabilised after a period of high volatility in late March
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 Buyers
- GST: 3% applicable on silver value
- Making Charges: Typically range from 5% to 25% for physical items
- Market Sentiment: While prices have stabilised, volatility may continue in the near term
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.
