Silver Price Today, August 11, 2026: Silver Rises ₹10 to ₹255 Per Gram

Mumbai, August 11: Silver prices in India moved higher on Tuesday, with the precious metal gaining ₹10 per gram compared with the previous session.

Silver is now priced at ₹255 per gram, up from ₹245 a gram. On a larger scale, the price of 1 kilogram has climbed to ₹2,55,000, marking a ₹10,000 jump from yesterday.

The increase has also pushed up the cost of larger quantities. Ten grams of silver now costs ₹2,550, while 100 grams is priced at ₹25,500.

Silver Rate in India Today

The move is fairly noticeable compared with the previous day’s rate. For someone buying 1 kg of silver, today’s increase alone translates into an additional ₹10,000 before any applicable charges.

Silver Price in India Per Gram/Kilogram

The above silver rates are indicative and do not include GST, TCS and other levies. For the exact rates, contact your local jeweller.

What Would 10 Grams of Silver Cost Today?

The quoted silver rate is not necessarily the final amount paid for jewellery or silver articles. Making charges and GST can add to the overall bill.

At today’s rate of ₹255 per gram, 10 grams of silver has a base value of ₹2,550. Assuming 12% making charges and 3% GST, the estimated cost works out to:

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

Silver Prices Across Major Indian Cities

Silver rates are not identical across every city. Today’s data shows Chennai, Hyderabad and Kerala at the higher end, while several other major cities are quoting the same rate as the national figure.

Chennai, Hyderabad and Kerala currently have the highest listed silver rate at ₹2,60,000 per kg, while Mumbai, Delhi, Kolkata, Bangalore, Pune, Vadodara and Ahmedabad are at ₹2,55,000 per kg.

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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

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Silver Makes a Sharp Move Higher

The move from ₹245 to ₹255 per gram may look small at first glance, but it adds up quickly when buying larger quantities.

A 10-gram purchase is now ₹100 more expensive than yesterday, while the difference reaches ₹1,000 for 100 grams. For a 1 kg purchase, the jump is ₹10,000.

That makes today’s move particularly relevant for buyers planning larger silver purchases rather than just small quantities.

Why Does Silver Price Change Every Day?

Silver prices are influenced by both global and domestic factors. International silver prices, movements in the rupee against the US dollar, industrial demand, inflation expectations, interest rates and broader precious-metal trends can all affect domestic rates.

Unlike gold, silver also has significant industrial demand, which means changes in manufacturing activity and global economic expectations can have an impact on prices.

Local taxes, transportation costs and dealer margins can also create small differences between cities.

Conclusion

Silver prices in India moved higher on August 11, with the rate rising ₹10 to ₹255 per gram. The price of 1 kg of silver has climbed to ₹2,55,000, up ₹10,000 from the previous session.

The increase is visible across larger quantities as well, with 100 grams now costing ₹25,500 and 10 grams priced at ₹2,550.

Among the listed cities, Chennai, Hyderabad and Kerala have the highest rate at ₹2,60,000 per kg, while several other major cities are at ₹2,55,000.

For buyers, the next move in international silver prices and currency markets will be key in determining whether this latest jump holds or gives way to a correction.

Source:

• https://www.goodreturns.in/silver-rates/