Silver Rate (Chandi Price) Today in India

On 3 July 2026, the price of 1 gm of silver was ₹237, and the price of 1 kg of silver was ₹237,020, reflecting a gain of 1.76% compared to its previous close. Meanwhile, the 10 gm silver rate is at ₹2,370.

Silver prices in India are largely influenced by international spot silver rates, US dollar fluctuations, and import duties on silver among other things.

Silver Rate Today in India (₹ per 1 gm, 10 gm, 1 kg)

Type Today’s Price (₹) Yesterday’s Price (₹) Change (₹) Change (%)
1 gm 237 233 4.10 1.76%
10 gm 2,370 2,329 41.00 1.76%
1 Kg 237,020 232,920 4,100.00 1.76%

Jul 03, 2026, 10:16 PM IST

Why is the Silver price moving today?

Silver prices are trending up on the back of a weak dollar index and softer than forecasted US jobs data. A weak dollar makes precious assets less expensive for overseas currency holders, thereby increasing demand. 

The white metal gained nearly 12% from its recent lows as the probability of a rate hike by the Fed reduced, thereby easing inflationary concerns. Crude prices fell to their pre-war levels, adding to the gains for the shiny asset.  

ALSO READ Silver Rate Today 1st July 2026: Silver is up by 0.97%; check prices in Mumbai, Bengaluru, Hyderabad, Delhi, Ahmedabad

However, over the past six months silver prices have fallen 14%

Outlook for Silver Investors

Analysts suggest silver prices to remain range-bound in the near term aided by a fall in dollar index and weak US economic data. Lower crude oil prices also added to the gains for white metal.  

Silver prices have fallen nearly 48% from their January peak. 

Retail investors are advised to track not just domestic rates but also international trends before making buying decisions.

ALSO READ Gold Rate Today 1st July 2026: Gold is up by 1.45%; check prices in Mumbai, Chennai, Delhi, Bengaluru

Silver Rate Today in Metro Cities (₹ per gm)

City 1 gm(₹) 10 gm(₹) 1000 gm(₹)
Ahmedabad 237 ( 3.95 ) 2,372 ( 39.50 ) 237,180 ( 3,950.00 )
Bangalore 237 ( 3.95 ) 2,371 ( 39.50 ) 237,050 ( 3,950.00 )
Chennai 238 ( 3.95 ) 2,376 ( 39.50 ) 237,550 ( 3,950.00 )
Delhi 236 ( 3.94 ) 2,365 ( 39.40 ) 236,460 ( 3,940.00 )
Hyderabad 237 ( 3.90 ) 2,372 ( 39.00 ) 237,190 ( 3,900.00 )
Kolkata 237 ( 3.89 ) 2,365 ( 38.90 ) 236,500 ( 3,890.00 )
Mumbai 237 ( 4.10 ) 2,370 ( 41.00 ) 237,020 ( 4,100.00 )
Pune 237 ( 4.10 ) 2,370 ( 41.00 ) 237,020 ( 4,100.00 )
Surat 237 ( 4.15 ) 2,374 ( 41.50 ) 237,380 ( 4,150.00 )

Jul 03, 2026, 10:16 PM IST

(Rates may vary across jewellers and states depending on local taxes, making charges, and logistics.

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