Silver Rate Today in India

Monday 23 February, 2026
₹298.3/gram
📈 +₹7.55 (+2.60%) from yesterday
Per Kilogram
₹2,98,300
Price (Ex-GST)
₹289.61
Global Price
$88.35/oz
USD/INR Rate
₹90.87

🏙️ Silver Rate in Major Indian Cities

CityPer GramPer Kg
Mumbai₹298.30₹298300
Delhi₹298.60₹298598
Bangalore₹298.75₹298747
Chennai₹298.66₹298658
Kolkata₹298.54₹298539
Hyderabad₹298.72₹298718
Ahmedabad₹298.45₹298449
Pune₹298.63₹298628

* Prices include 3% GST. City variations due to local taxes/dealer margins.

📈 Investment Analysis - Monday 23 February, 2026

Silver opened today at $88.35 per troy ounce on international markets. With the USD/INR exchange rate at ₹90.87, the calculated Indian retail price (including import duty of 10%, MCX premium, and 3% GST) stands at ₹298.3/gram.

Why Invest in Silver Now?

Silver acts as a hedge against inflation and currency fluctuation. With industrial demand rising in EV and solar sectors, many analysts see bullish potential for physical silver.

Ways to Invest in India:

❓ Frequently Asked Questions

What is the silver rate today in India?

The silver rate today (Monday 23 February, 2026) is ₹298.3 per gram (including 3% GST) or ₹298300 per kilogram in India.

What is silver price per kg today?

Silver price per kg today is ₹2,98,300 in India.

What is the international silver price today?

The international silver price today is $88.35 per troy ounce on COMEX futures.

Is GST included in the silver price?

Yes, the prices shown include 3% GST. The price excluding GST is ₹289.61/gram.

Is silver a good investment in 2026?

Yes, analysts recommend silver for portfolio diversification. It has dual value as a precious metal and an industrial commodity.