logo

Silver Price in India Today, August 10, 2026: Silver Holds Steady at ₹245 Per Gram

Authored By HDFC SKY | Last Modified: Aug 10, 2026 12:20 PM IST

Silver prices in India remained unchanged on August 10, with silver holding at ₹245 per gram and ₹2,45,000 per kilogram. After a sharp move higher in the previous week, the metal has paused at elevated levels, while rates continue to vary slightly across major cities.

Silver Price in India Today, August 10, 2026: Silver Holds Steady at ₹245 Per Gram

Open Free Demat Account

Open Free Demat Account

By signing up I certify terms, conditions & privacy policy

New Delhi, Aug 10: Silver prices in India remained steady on Monday, with the metal holding on to its recent gains. After a strong move in the previous week, silver took a breather today, leaving the retail rate unchanged at ₹245 per gram.

According to today’s rates, 10 grams of silver costs ₹2,450, while 100 grams is priced at ₹24,500. For larger purchases, silver is available at ₹2,45,000 per kilogram.

The lack of movement today comes after a period of sharp price action in the precious metals market. With silver already trading at elevated levels, buyers are now watching whether the metal can sustain these prices or see some profit-taking in the coming sessions.

Silver Rate in India Today

Unit Today’s Price Change
1 Gram ₹245 No Change
8 Grams ₹1,960 No Change
10 Grams ₹2,450 No Change
100 Grams ₹24,500 No Change
1 Kilogram ₹2,45,000 No Change

Silver Takes a Breather After Recent Gains

Silver has had a fairly active run recently, but Monday brought a quieter session.

Instead of extending its rally or giving back recent gains, the metal stayed exactly where it was. That stability matters because silver has been moving sharply at times, and a pause at higher levels suggests buyers haven’t rushed to exit.

For someone planning a jewellery or silverware purchase, today’s unchanged rate provides a little more certainty. For investors, however, the bigger question remains whether the recent rally has further room to run.

Silver prices are influenced by both investment demand and industrial consumption, making the metal more sensitive to changes in global economic expectations than gold. (Times of India)

Silver Price in India Per Gram/Kilogram

Weight Silver Price
1 gram ₹245
8 grams ₹1,960
10 grams ₹2,450
100 grams ₹24,500
1 kilogram ₹2,45,000

What Would 10 Grams of Silver Jewellery Cost Today?

The silver rate displayed above is only the value of the metal. When buying jewellery, making charges and GST are added to the bill.

Based on today’s ₹245 per gram rate, assuming 12% making charges and 3% GST, here’s an estimate:

Component Amount
Silver value ₹2,450
Making charges (12%) ₹294
GST (3%) ₹82
Estimated final amount ₹2,826

The actual bill may vary depending on the jeweller, design, wastage and applicable making charges.

Silver Rates Across Major Indian Cities

Silver prices aren’t identical across the country, with today’s rates showing some differences between major markets.

City 10 Gram 100 Gram 1 Kilogram
Chennai ₹2,500 ₹25,000 ₹2,50,000
Mumbai ₹2,450 ₹24,500 ₹2,45,000
Delhi ₹2,450 ₹24,500 ₹2,45,000
Kolkata ₹2,450 ₹24,500 ₹2,45,000
Bangalore ₹2,450 ₹24,500 ₹2,45,000
Hyderabad ₹2,500 ₹25,000 ₹2,50,000
Kerala ₹2,500 ₹25,000 ₹2,50,000
Pune ₹2,450 ₹24,500 ₹2,45,000
Vadodara ₹2,450 ₹24,500 ₹2,45,000
Ahmedabad ₹2,450 ₹24,500 ₹2,45,000

Among the cities listed, Chennai, Hyderabad and Kerala have the highest rate at ₹2,50,000 per kilogram. Mumbai, Delhi, Kolkata, Bangalore, Pune, Vadodara and Ahmedabad are at ₹2,45,000 per kilogram.

Invest in Silver ETF on HDFC Sky

For investors who want to invest in silver but don’t want to handle the storage or purity issues, Silver Exchange Traded Funds (ETFs) offer a simple way to get involved. These funds usually hold silver that is about 99.5% pure, which makes it trustworthy for investors. To start investing in Silver ETFs, you need a demat and trading account, which is already used by many people who trade in stocks. On HDFC Sky investors can buy ETFs quickly and easily.

Explore Silver ETFs: https://hdfcsky.com/etf/silver-etf

Silver Price Movement Today

There was no change in the silver rate on August 10, with the metal holding at ₹245 per gram.

That means someone buying 10 grams today would pay ₹2,450 before making charges and taxes, while a 1-kilogram purchase would be valued at ₹2.45 lakh before additional costs.

The unchanged rate also comes after silver’s recent volatility, making today’s session more of a consolidation day than a fresh move in either direction.

Why Does Silver Price Change Every Day?

Silver prices are driven by a mix of global and domestic factors. International silver prices, the rupee’s movement against the US dollar, investor demand, inflation expectations and industrial consumption can all influence Indian rates.

Industrial demand is particularly important for silver because the metal is widely used in areas such as solar panels, electronics and other manufacturing applications.

Since India imports a significant portion of its silver requirements, movements in global prices and currency rates can also quickly feed into domestic prices.

Silver as an Investment

Silver isn’t only bought for jewellery, coins or household use. Investors also use it as a way to gain exposure to precious metals.

Physical silver comes with storage and purity considerations, while exchange-traded and other market-linked options can provide exposure without holding the metal yourself. The right route ultimately depends on whether the goal is investment, jewellery or simply owning physical silver.

Conclusion

Silver prices in India remained unchanged on Monday, with the rate holding at ₹245 per gram and ₹2,45,000 per kilogram. After recent gains, the pause gives the market some breathing room while buyers and investors wait for the next major price trigger.

For consumers, today’s stable rate means there was no fresh increase in the cost of silver jewellery or bullion. The next move will likely depend on global silver prices, currency movements, industrial demand and broader precious-metal sentiment.

Source:

  • Goodreturns | Silver prices updated for August 10, 2026.
Disclaimer
At HDFC SKY, we take utmost care and due diligence in curating and presenting news and market-related content. However, inadvertent errors or omissions may occasionally occur.
If you have any concerns, questions, or wish to point out any discrepancies in our content, please feel free to write to us at content@hdfcsec.com.
Please Note: The information shared is intended solely for informational purposes and does not make any investment recommendations
Summarize with AI
Google GeminiChatGPTPerplexity AIAnthropic AIGrok AI
Desktop BannerMobile Banner

Invest Anytime, Anywhere

Get it on Google PlayGet it on App Store

Open Free Demat Account Online

By signing up I certify terms, conditions & privacy policy