Silver Price Today in Mumbai

    Live Silver Rates - January 11, 2026

    Today’s prices
    Price per kg
    ₹2,51,899.99per kg
    +₹20.02 (+0.01%) from yesterday

    Silver Rate Table – Mumbai(Last updated: January 11, 2026)

    Silver Rates in Mumbai for Today
    Purity1g10g1kg1oz
    Silver 999₹251.90₹2,519.00₹2,51,899.99₹7,834.97
    Silver 925₹233.24₹2,332.41₹2,33,240.73₹7,254.60
    Silver 900₹226.94₹2,269.37₹2,26,936.92₹7,058.53
    Silver 800₹201.72₹2,017.22₹2,01,721.71₹6,274.25

    Silver Price Chart and Historical Trends

    Price Chart

    Last 6 months Performance (monthly)

    Start date
    Jan 1, 2026
    End date
    Jan 10, 2026
    Start price
    ₹2,35,520.02 per 1kg
    End price
    ₹2,51,879.97 per 1kg
    Highest
    ₹2,51,879.97 per 1kg
    Lowest
    ₹2,35,520.02 per 1kg

    About Silver Market in Mumbai

    Track the latest silver prices in Mumbai with TodayPrice.live. We provide real-time silver rates per kilogram for various purities including Silver 999, 925, 900, and 800. Mumbai's industrial and jewelry sectors create strong demand for silver, making it an important market for both investment and industrial purposes.

    Local demand and international spot prices both influence silver rates in Mumbai. Market activity typically rises during festivals and wedding seasons, and rates can vary slightly by neighborhood based on availability and dealer premiums.

    For national context, see Silver Price in India. You can also compare with Gold Price in Mumbai.

    Silver Market in Mumbai

    Mumbai serves as a major hub for silver trading in India, with demand coming from both industrial sectors and jewelry manufacturing. The city's silver market is influenced by:

    • Industrial Demand: Electronics, chemicals, and manufacturing industries
    • Jewelry Sector: Sterling silver (925) for traditional and contemporary designs
    • Investment Demand: Growing interest in silver as a portfolio diversifier
    • Export Trade: Mumbai's ports facilitate silver imports and exports

    Our platform tracks silver prices per kilogram, the standard Indian measurement for bulk silver trading.

    Silver Investment Options in Mumbai

    Mumbai investors have access to various silver investment avenues:

    • Physical Silver: Bars and coins from banks and authorized dealers
    • Silver ETFs: Through stock market platforms
    • Digital Silver: SafeGold and other digital investment platforms
    • Silver Futures: Available on commodity exchanges
    • Silver Jewelry: Sterling silver items with investment potential

    Check our silver investment guide for comprehensive information about different silver investment options in Mumbai.

    Silver Purity Standards in Mumbai

    Mumbai maintains high standards for silver quality:

    • Silver 999: 99.9% pure silver for investment and industrial use
    • Silver 925: Sterling silver (92.5% pure) for jewelry and silverware
    • Silver 900: 90% pure silver for coins and some jewelry
    • Silver 800: 80% pure silver for traditional silverware

    All silver products in Mumbai follow BIS (Bureau of Indian Standards) guidelines for purity and quality assurance.

    Factors Influencing Silver Prices in Mumbai

    Several factors affect silver prices in Mumbai:

    • Industrial Demand: Electronics, solar panels, and manufacturing sectors
    • Investment Sentiment: Gold-to-silver ratio and market trends
    • Currency Fluctuations: USD/INR exchange rate impact
    • Global Supply: Mining production and inventory levels
    • Government Policies: Import duties and GST regulations

    Understanding these factors helps you make informed silver investment decisions in Mumbai.

    Silver Rates in Mumbai vs Other Cities

    Compare Mumbai silver rates with other major cities like Delhi, Bangalore, and Pune. For broader coverage, visit Silver Price in India.

    Silver Purity and Hallmarking in Mumbai

    Common silver purity grades include 999 (fine silver) and 925 (sterling). When buying silver in Mumbai, look for reputable dealers, clear purity markings, and a detailed invoice. For items like jewelry and artifacts, hallmarking and certifications (where applicable) help verify authenticity and purity.

    Frequently Asked Questions

    Frequently Asked Questions

    Silver prices on TodayPrice.live are updated daily based on international silver markets and local Mumbai market factors to provide the most accurate rates per kilogram.

    Silver 999 is 99.9% pure silver, ideal for investment and industrial use. Silver 925 (Sterling Silver) is 92.5% pure silver mixed with other metals for durability, commonly used in jewelry and silverware.

    You can purchase silver from jewelry stores, banks, authorized dealers, and through online platforms. Physical silver (bars/coins) is available at banks, while silver jewelry is available at major jewelry stores across Mumbai.

    Silver can be a good investment for portfolio diversification and as an inflation hedge. It's more affordable than gold and has strong industrial demand. Mumbai's market provides good liquidity for silver investments.

    Both industrial demand (electronics, solar) and investment demand significantly impact silver prices. Mumbai's industrial sector creates steady demand, while global investment trends cause price volatility.