Silver Rate in India Today, August 17, 2026: Silver Price Holds at ₹2.50 Lakh Per Kg

New Delhi, Aug 17: Silver prices in India remained unchanged on Monday in the rates shown, with silver quoted at ₹250 per gram and ₹2,50,000 per kilogram. The displayed rates are unchanged from the previous day, indicating a stable session for the domestic silver market. 

The latest figures show that the price of 10 grams of silver is ₹2,500, while 100 grams costs ₹25,000. For a 1 kg purchase, buyers would pay ₹2,50,000 before any applicable making charges, taxes or other costs. 

However, broader market indicators showed silver moving higher on August 17. Moneycontrol reported that silver gained 1.09% to $65.815 per ounce in early trade, while Reuters reported a rise of about 1.4% to $65.53 per ounce. 

Silver Rate in India Today 

Silver Price Remains Stable in India 

The domestic rates shown for August 17 indicate no day-on-day change in silver prices. The stability comes even as international silver prices moved higher during Monday’s trading session. 

Silver has a dual role as both an investment asset and an industrial metal. Changes in international bullion prices, currency movements, industrial demand and broader economic conditions can influence domestic silver prices. Current market reports also point to continued strength in the precious-metals segment.  

Silver Price Per Gram and Kilogram in India 

The displayed rates translate into the following purchase values: 

At the current benchmark, 10 kg of silver would have a base value of ₹25 lakh, before applicable charges and taxes. 

Estimated Cost of Buying 10 Grams of Silver 

The calculator shown in the provided rates uses 10 grams of silver, 12% making charges and 3% GST. Based on these inputs, the estimated purchase cost is: 

This is an indicative calculation. The actual amount payable may vary depending on the seller, product type, making charges and applicable taxes. 

Silver Rates in Major Indian Cities 

The city-wise rates show that silver prices are broadly similar across several major markets, although some cities have a ₹50-per-10-gram difference compared with the India benchmark. 

Among the cities shown, Chennai, Hyderabad and Kerala have the highest silver rate at ₹2,55,000 per kg, while Mumbai, Delhi, Kolkata, Bangalore, Pune, Vadodara and Ahmedabad are listed at ₹2,50,000 per kg. 

What Drives Silver Prices in India? 

Silver prices are influenced by international bullion prices, the Indian rupee’s movement against the US dollar, domestic demand and industrial consumption. Because silver is widely used in industries such as electronics and solar technology, changes in industrial demand can also affect its price. 

Global market conditions remain important for silver. On August 17, international silver prices were reported to be trading higher, supported by broader strength in precious metals. 

Silver as an Investment 

Silver can be purchased in several forms, including physical bars, coins and jewellery, while investors may also use market-linked silver products. Physical purchases can involve additional costs such as making charges, premiums and GST, meaning the final purchase price can be higher than the quoted spot or benchmark rate. 

Buyers should compare purity, seller premiums and total charges rather than relying only on the headline silver rate. 

Conclusion 

Silver prices in India remained unchanged at ₹250 per gram and ₹2,50,000 per kilogram on August 17, according to the rates shown. The price of 10 grams stands at ₹2,500, while 100 grams costs ₹25,000. 

The displayed calculator estimates that buying 10 grams of silver with 12% making charges and 3% GST would cost approximately ₹2,884. While domestic benchmark rates were steady, international silver prices moved higher during Monday’s trading session, highlighting the potential for domestic rates to change as global market conditions evolve.  

Source

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