Silver Rate in Mumbai Today, July 14, 2026: Silver Holds at ₹235 Per Gram

Mumbai, July 14: Silver prices in Mumbai were steady on Tuesday, with no change from the previous session. The latest rate places silver at ₹235 per gram and ₹2,35,000 per kilogram. 

The market has been flat for three sessions now. Silver had slipped from ₹2,40,000 per kg on July 10 to ₹2,35,000 on July 11 and has stayed at the same level since then. 

Mumbai Silver Rates Today 

Silver Stays Flat After Recent Drop 

There was no fresh movement in Mumbai’s silver market on July 14. The metal held at ₹235 per gram, the same level seen on July 11, July 12 and July 13. 

The bigger move happened earlier in the month. Silver touched ₹2,50,000 per kg on July 3, the highest rate so far in July, before slipping to ₹2,35,000 per kg, which is also the month’s lowest level. 

For investors looking at silver beyond physical buying, exchange-traded funds are another route to track the metal. You can check the list of silver etf in india. 

Estimated Cost of Buying 10 Grams of Silver 

Using the current silver rate and assuming 12% making charges along with 3% GST, the estimated purchase cost works out as follows: 

This is an indicative calculation. Actual billing may vary depending on making charges, design, wastage and the retailer’s pricing policy. 

Mumbai Silver Price Trend 

Silver began July at ₹2,40,000 per kg. It rose to ₹2,50,000 per kg on July 3, stayed there till July 5, and then gradually lost ground. 

The sharper declines came on July 6, when prices fell by ₹5,000 per kg, and on July 9, when silver dropped by ₹10,000 per kg. A brief rebound followed on July 10, but the rate fell back to ₹2,35,000 per kg on July 11 and has remained unchanged since. 

For July so far, silver is down 2.08% in Mumbai. 

What Drives Silver Prices? 

Silver prices are influenced by global bullion rates, rupee-dollar movement, industrial demand, import costs and local retail demand. Unlike gold, silver also has a stronger industrial link, as it is used in electronics, solar equipment and several manufacturing applications. 

At the retail level, the final price can differ from the listed rate because making charges and GST are added separately. 

Conclusion 

Silver prices in Mumbai remained unchanged on July 14 at ₹235 per gram and ₹2,35,000 per kg. The market has stayed flat for three straight sessions after the fall seen on July 11. While the daily rate did not move, silver continues to trade below its July opening level and well below the month’s high of ₹2,50,000 per kg. 

Source

• goodreturns.in | Rates as of Tuesday, July 14, 2026.