Silver Price Today, October 13, 2026: Seven Cities Fall ₹50 per 10 gm; Silgo Retail Gains 0.47%

New Delhi, Oct 13: Silver prices stood at Rs. 235 per gram (Rs. 2,35,000 per kg) at the national level at the time of print on Tuesday. According to Goodreturns.in, the price is Rs. 2,350 for 10 grams and Rs. 23,500 for 100 grams. Prices in Chennai, Hyderabad and Kerala continue to be higher at Rs. 2,450 per 10 grams, or Rs. 24,500 for 100 grams and Rs. 2,45,000 per kg. 

Silver prices have declined since yesterday, October 12. Rates have fallen by Rs. 50 per 10 grams in Mumbai, Delhi, Kolkata, Bangalore, Pune, Vadodara and Ahmedabad, from Rs. 2,400 to Rs. 2,350 per 10 grams. This translates into a decline of approximately 2.08 per cent. 

No change was recorded in prices in Chennai, Hyderabad and Kerala, which stay at Rs. 2,450 per 10 grams. The national silver price has slipped from Rs. 240 to Rs. 235 per gram, bringing it back to Friday’s level. 

City-Wise Prices 

Silver prices in 10 cities across India on Monday, October 12, and Tuesday, October 13, per 10 grams, along with the difference. 

City	Mon, Oct 12	Tue, Oct 13	Diff
Chennai	₹2,450	₹2,450	₹0
Mumbai	₹2,400	₹2,350	-₹50
Delhi	₹2,400	₹2,350	-₹50
Kolkata	₹2,400	₹2,350	-₹50
Bangalore	₹2,400	₹2,350	-₹50
Hyderabad	₹2,450	₹2,450	₹0
Kerala	₹2,450	₹2,450	₹0
Pune	₹2,400	₹2,350	-₹50
Vadodara	₹2,400	₹2,350	-₹50
Ahmedabad	₹2,400	₹2,350	-₹50

Source: Goodreturns.in 

Silver remains the cheaper way into precious metals. At ₹235 per gram, it costs a fraction of 24-carat gold at ₹14,929 per gram, which makes gold about 64 times more expensive than silver. 

Buyers in Chennai, Hyderabad and Kerala will pay an additional ₹100 per 10 grams over the national rate, up from ₹50 on Monday. 

The above silver prices are for the metal only. If you are looking to purchase silver jewellery, you will have to pay more, because it attracts making charges and 3% GST. On a 10 gram purchase at ₹2,350, GST alone comes to ₹70.50. 

With Dussehra, Dhanteras and Diwali still to come, silver coins, idols and utensils are likely to draw buyers, and many will be watching whether the rate holds at ₹2,350 per 10 grams or moves again. 

Also Read: How to Invest in Silver: 6 Best Ways (2026)

Gold Rates 

Gold prices have decreased on Tuesday. According to Goodreturns.in, 24-carat gold (99.9 per cent purity) costs ₹14,929 per gram in most cities. 22-carat gold (91.6 per cent purity) costs ₹13,685 per gram, while 18-carat gold is priced at ₹11,197 per gram. 

On Monday, prices stood at ₹15,098, ₹13,840 and ₹11,324 per gram for 24-carat, 22-carat and 18-carat gold, respectively. This represents a decline of ₹169, ₹155 and ₹127, respectively, translating into losses of approximately 1.12 per cent. 

Jewellery Stocks Today 

Jewellery stocks were mixed in early trade on Tuesday. Two of the four counters were in positive territory as the Nifty 50 rose to 22,513.00 around 10:51 am, up 0.67 per cent. Silgo Retail (SILGO) led the gains at 0.47 per cent, followed by Senco Gold (SENCO) at 0.06 per cent. PN Gadgil Jewellers (PNGJL) was the weakest, down 0.73 per cent, while Vaibhav Global (VAIBHAVGBL) slipped 0.12 per cent. 

Company	Ticker	Price	Change
Senco Gold	SENCO	₹333.00	+₹0.20 (+0.06%)
PN Gadgil Jewellers	PNGJL	₹599.00	-₹4.40 (-0.73%)
Silgo Retail	SILGO	₹70.25	+₹0.33 (+0.47%)
Vaibhav Global	VAIBHAVGBL	₹199.43	-₹0.24 (-0.12%)

Source: NSE market data 

Silgo Retail opened at ₹70.70 against a previous close of ₹69.92, a gap-up of about 1.1 per cent, and touched a high of ₹71.25 and a low of ₹69.80. It is trading at ₹70.25, up 0.47 per cent but below its volume-weighted average price (VWAP) of ₹70.85. 

Senco Gold (SENCO) opened at ₹334.15 against a previous close of ₹332.80 and climbed to a high of ₹336.40 around 9:20 am. It then gave up most of that rise and touched a low of ₹331.75 around 10:40 am. It is trading at ₹333.00, up 0.06 per cent but below its VWAP of ₹334.05. 

Vaibhav Global (VAIBHAVGBL) opened at ₹200.00 against the previous close of ₹199.67 and touched a high of ₹200.20 within minutes of the open. It then drifted lower and fell to a low of ₹198.01 before recovering. It is trading at ₹199.43, down 0.12 per cent and above its VWAP of ₹198.98. 

PN Gadgil Jewellers (PNGJL) opened at ₹609.00 against a previous close of ₹603.40, a gap-up of about 0.9 per cent, and that was the high of the day. It then gave up the whole gap and fell to a low of ₹594.00 close to 10:45 am, before bouncing back. It is trading at ₹599.00, down 0.73 per cent but above its VWAP of ₹597.44. 

Compared with Monday’s morning levels, two of the four counters are higher. PN Gadgil Jewellers is up ₹3.65 or 0.61 per cent from ₹595.35 and Silgo Retail by ₹0.35 or 0.50 per cent from ₹69.90. Senco Gold is down ₹2.55 or 0.76 per cent from ₹335.55 and Vaibhav Global by ₹1.84 or 0.91 per cent from ₹201.27. 

Silver fell about 2.1 per cent on Tuesday, yet two of the four jewellery counters were higher. With the Nifty 50 up 0.67 per cent, the stock moves do not look like a read-through from the metal. The data used for this report does not show what triggered them. 

Order book data showed sellers ahead on Senco Gold and PN Gadgil Jewellers. Senco Gold had 69.52 per cent of total quantity on the sell side, with 2,68,631 shares against 1,17,756 on the buy side. PN Gadgil Jewellers had 64.86 per cent on the sell side, or 86,382 shares against 46,806. 

Investors looking to diversify beyond physical silver can also explore the list of Silver ETFs in India, which allow exposure to silver prices without the need to store physical metal: https://hdfcsky.com/etf/silver-etf 

Source

•  Goodreturns.in
• NSE market data
• Rates are indicative and subject to change; confirm with your local dealer before purchase.