SilverPrices.inIndia Bullion Portal
Live Indian Commodity Market Desk • 16 September 2026

Silver Rate in India Today (16 September 2026)

Comprehensive real-time tracking for 999 Fine Bullion and 925 Sterling Jewelry Silver. Calculated from international COMEX benchmarks, Indian customs duties, and statutory 3% GST.

As of: 01:16 am IST
•Live Market Feed
Show Rates:
1 Gram
₹3(-1.13%)
999 Fine Silver (Pure Bullion)
₹239.19
925 Sterling (Jewelry):₹221.24

Standard retail retail unit • Incl. 3% GST

10 Grams
₹27(-1.13%)
999 Fine Silver (Pure Bullion)
₹2,391.87
925 Sterling (Jewelry):₹2,212.48

Most popular bullion coin weight • Incl. 3% GST

1 KilogramBenchmark
₹2,701(-1.13%)
999 Fine Silver (Pure Bullion)
₹2,39,186.6
925 Sterling (Jewelry):₹2,21,247.61

Standard retail bullion bar unit • Incl. 3% GST

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Today's Domestic Silver Rate Breakdown (16 September 2026)

Standard Indian bullion weights comparing 999 fine silver vs 925 sterling jewelry silver

Retail Benchmark Estimate
Weight Category999 Fine Silver (Base)999 Pure (Incl. 3% GST)925 Sterling (Base)925 Jewelry (Incl. 3% GST)
1 Gram₹232.22₹239.19₹214.8₹221.24
8 Grams (Pavalam)₹1,857.76₹1,913.49₹1,718.43₹1,769.98
10 Grams (Tola)₹2,322.2₹2,391.87₹2,148.04₹2,212.48
100 Grams₹23,222₹23,918.66₹21,480.35₹22,124.76
1 Kilogram (1000g)₹2,32,220₹2,39,186.6₹2,14,803.5₹2,21,247.61

Quick Silver Converter

Live Formula
Estimated Total Retail Price
₹2,392
Pure Metal Base Value (10g @ ₹232.22/g):₹2,322
Retail GST (3%):+₹70

Current Silver Price

Physical retail benchmark estimate for 999 fine silver per kilogram (INR)

Period Movement:+₹0 (+0.00%)
High
₹2,32,220
Low
₹2,32,220
Average
₹2,32,220
2026-09-17 (Single Record)
2026-09-17
Rate:₹2,32,220/kg(-1.13%)
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Indian Silver ETFs (Reference Directory)

Physical-backed silver investment funds traded on NSE/BSE with Demat settlement

Indicative Reference Data (Not Live Ticks)
SEBI Regulated
ETF Name & TickerReference NAV* (₹)Indicative 24h TrendAUM (₹ Cr)TER (Expense)Tracking ErrorTerminal View
Nippon India Silver ETF
NSE: SILVERBEES • Nippon Life India AM
₹216.72~+1.25% (ref)₹5,840 Cr0.48%0.12%
ZerodhaAngelOne
ICICI Prudential Silver ETF
NSE: ICICISILV • ICICI Prudential AMC
₹218.15~+1.20% (ref)₹3,920 Cr0.44%0.14%
ZerodhaAngelOne
HDFC Silver ETF
NSE: HDFCSILVER • HDFC AMC
₹216.48~+1.28% (ref)₹2,750 Cr0.4%0.11%
ZerodhaAngelOne
Tata Silver ETF
NSE: TATASILV • Tata Mutual Fund
₹215.80~+1.15% (ref)₹1,280 Cr0.38%0.15%
ZerodhaAngelOne
*Disclaimer & Data Currency: Net Asset Values (NAV), AUM, and expense ratios shown above are static reference benchmark values compiled from public AMC factsheets (As of Q1 2026). SilverPrices.in is an informational benchmark portal and does not stream real-time exchange order-book ticks for equities. For live execution prices, bid-ask spreads, and trading between 9:15 AM and 3:30 PM IST, please consult your SEBI-registered broker terminal directly.

Understanding Silver Pricing Dynamics in India

1. International Bullion Parity

Silver trades globally in USD per Troy Ounce (31.1035 grams). Domestic Indian rates dynamically fluctuate with the USD/INR currency pair, international industrial demand from solar PV manufacturing, and geopolitical safe-haven flows.

2. Custom Duties & Cesses

India is a net importer of white metal. The landed cost includes the Basic Customs Duty (BCD) alongside the Agriculture Infrastructure and Development Cess (AIDC), creating a structured ~15% tariff wedge above international spot parity.

3. The 3% Statutory GST

Under Indian tax law, a flat 3% GST applies to the final invoice value of pure bullion bars and minted coins. Jewellery crafting incurs an additional 5% GST specifically assessed on making charges.

Frequently Asked Questions About Silver Rates in India

Everything you need to know about silver pricing, purity standards, taxation, and physical vs digital investments.

The Indian silver rate is derived from international COMEX / London Bullion spot silver prices in USD, converted to Indian Rupees (INR) at current USD-INR exchange rates, adjusted for import duty (~15% combined Basic Customs Duty and Agriculture Infrastructure and Development Cess), landing freight charges, and local retail Goods and Services Tax (3% GST).