Silver Rate by City
Per gram · Excludes GST
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Silver Rate — All Weights
National MCX rate · Excludes GST
| Weight | Silver Rate | Change |
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Silver Rate in India Today
Silver prices in India are driven by international LBMA spot prices, the USD/INR exchange rate, and MCX futures premiums. Silver is more volatile than gold and can move 3–5% in a single day. BullionRush.in updates silver rates twice daily from MCX.
Silver vs Gold — Which to Buy?
Silver is far more affordable than gold. However silver is more volatile and has higher storage costs per rupee of value. For long-term wealth preservation most advisors suggest gold. Silver works better for shorter-term trading or industrial investment themes.
GST on Silver in India
Silver attracts 3% GST in India — the same as gold. On silver jewellery, making charges are also added and GST applies on the total. Silver coins and bars from reputed mints (MMTC-PAMP, Malabar) carry minimal making charges.