Silver Price Today, October 27, 2026: Rate remains steady at Rs 2,200 per 10 gm in All 10 Cities

New Delhi, Oct 27: Silver is priced at Rs. 2,200 for 10 grams in all 10 cities tracked by Goodreturns.in on Tuesday, which makes it Rs. 22,000 for 100 grams and Rs. 2,20,000 for a kilogram. The rate works out to Rs. 220 per gram, which is the national rate. It is unchanged from Monday in every city, the second straight session in which the 10 gram rate has been the same in all 10 markets. 

Mumbai, Delhi, Kolkata, Bangalore, Pune, Vadodara and Ahmedabad stayed at Rs. 2,200 per 10 grams, the level they have held since a Rs. 50 cut on Friday. Chennai, Hyderabad and Kerala also stayed at Rs. 2,200, the level they reached on Monday after losing the Rs. 50 premium they carried on Friday. The 100 gram rate of Rs. 22,000 is also identical everywhere. 

Silver price in India follows international prices, which can move the 10 gram rate in either direction, while local demand and supply play only a marginal role in city-level rates. In the seven cities, the rate fell from Rs. 2,300 on Wednesday, October 21, to Rs. 2,250 on Thursday and Rs. 2,200 on Friday, and has not changed in the two sessions since. Taken from Monday, October 19, the rate is Rs. 100 lower in the seven cities, a drop of about 4.3 per cent, and Rs. 200 lower in the three southern markets, a drop of about 8.3 per cent. 

Equities were lower. The Nifty 50 was at 22,737.20 at 11:16 am, down 16.00 points or 0.07 per cent from Monday’s close of 22,753.20. USD/INR futures for October 28 were at Rs. 95.08 at 11:15 am. A weak rupee raises the rupee cost of imported silver and can cushion domestic rates when global prices ease. 

City-Wise Prices 

Silver prices in 10 cities across India on Monday, October 26, and Tuesday, October 27, per 10 grams, with the difference. All 10 cities are unchanged. 

City	Mon, Oct 26	Tue, Oct 27	Diff
Chennai	₹2,200	₹2,200	₹0
Mumbai	₹2,200	₹2,200	₹0
Delhi	₹2,200	₹2,200	₹0
Kolkata	₹2,200	₹2,200	₹0
Bangalore	₹2,200	₹2,200	₹0
Hyderabad	₹2,200	₹2,200	₹0
Kerala	₹2,200	₹2,200	₹0
Pune	₹2,200	₹2,200	₹0
Vadodara	₹2,200	₹2,200	₹0
Ahmedabad	₹2,200	₹2,200	₹0

Source: Goodreturns.in 

The change is larger over a longer stretch. The table below sets Tuesday’s rates against those of Monday, October 12, per 10 grams. 

City	Mon, Oct 12	Tue, Oct 27	Diff
Chennai	₹2,450	₹2,200	-₹250
Mumbai	₹2,400	₹2,200	-₹200
Delhi	₹2,400	₹2,200	-₹200
Kolkata	₹2,400	₹2,200	-₹200
Bangalore	₹2,400	₹2,200	-₹200
Hyderabad	₹2,450	₹2,200	-₹250
Kerala	₹2,450	₹2,200	-₹250
Pune	₹2,400	₹2,200	-₹200
Vadodara	₹2,400	₹2,200	-₹200
Ahmedabad	₹2,400	₹2,200	-₹200

Source: Goodreturns.in 

Every city is lower over the 15 days. The seven cities that carried the lower rate are down Rs. 200 per 10 grams, a fall of about 8.3 per cent, while Chennai, Hyderabad and Kerala are down Rs. 250, a fall of about 10.2 per cent. A kilogram of silver costs Rs. 20,000 less in the seven cities than it did on October 12 and Rs. 25,000 less in the three southern cities. 

These are rates for the metal alone. Silver jewellery costs more once making charges and 3% GST are added. On a 10 gram purchase at Rs. 2,200, the GST alone comes to Rs. 66, which takes the cost to Rs. 2,266 before making charges. On 100 grams at Rs. 22,000, the GST comes to Rs. 660. 

With Dussehra behind us and Dhanteras and Diwali less than two weeks away, coins, idols and utensils tend to draw buyers. At Rs. 2,200 per 10 grams, 50 grams of silver costs Rs. 11,000 and 500 grams costs Rs. 1,10,000 before charges. The question is whether Rs. 2,200 holds as a floor now that all 10 cities have stayed at the same level for two sessions. 

Jewellery Stocks Today 

Jewellery stocks were mostly higher in morning trade on Tuesday even as the Nifty 50 edged down 0.07 per cent. PN Gadgil Jewellers (PNGJL) gained 1.38 per cent, Senco Gold (SENCO) 1.09 per cent and Vaibhav Global (VAIBHAVGBL) 0.18 per cent, while Silgo Retail (SILGO) fell 2.45 per cent. 

Company	Ticker	Price	Change
Senco Gold	SENCO	₹309.50	+₹3.35 (+1.09%)
PN Gadgil Jewellers	PNGJL	₹564.65	+₹7.70 (+1.38%)
Silgo Retail	SILGO	₹68.09	-₹1.71 (-2.45%)
Vaibhav Global	VAIBHAVGBL	₹187.96	+₹0.33 (+0.18%)

Source: NSE market data 

Senco Gold was trading at ₹309.50 around 11:14 am, up ₹3.35 or 1.09 per cent from Monday’s close of ₹306.15. It opened at ₹306.00, just below the previous close, and slid to a low of ₹302.15, 1.3 per cent below it,. It then climbed after 10 am to a high of ₹310.75, 1.5 per cent above the previous close, and is now trading above its volume-weighted average price (VWAP) of ₹306.73. 

PN Gadgil Jewellers opened at ₹558.50 against a previous close of ₹556.95, a gap-up of about 0.3 per cent. It dipped early to a low of ₹554.75, 0.4 per cent below the previous close, and then rose in stages to a high of ₹568.00, 2.0 per cent above it,. It is at ₹564.65, up ₹7.70 or 1.38 per cent, and above its VWAP of ₹561.44. 

Vaibhav Global opened at ₹187.79 against a previous close of ₹187.63. It fell early to a low of ₹186.39, 0.7 per cent below the previous close, and then rose to a high of ₹189.78, 1.1 per cent above it,. It is trading at ₹187.96, up ₹0.33 or 0.18 per cent, but just below its VWAP of ₹188.32. 

Silgo Retail opened at ₹69.80, the same as its previous close, and that was also its high of the day. It dropped sharply within the first half hour and touched a low of ₹67.89, 2.7 per cent below the previous close. It has stayed weak since and is at ₹68.09, down ₹1.71 or 2.45 per cent, and below its VWAP of ₹68.54. 

Sellers were ahead in all four. Senco Gold had 55.21 per cent on the sell side, with 1,55,516 shares against 1,26,161 on the buy side. PN Gadgil Jewellers was at 56.66 per cent sell, with 61,707 against 47,205, and Vaibhav Global at 55.02 per cent, with 53,586 against 43,800. Silgo Retail was the most lopsided at 69.90 per cent sell, with 32,511 against 13,999. 

Gold Rates Today 

Gold prices rose for a second straight session on Tuesday, with 10 grams of 24-carat gold at Rs 1,43,290, 22-carat at Rs 1,31,350 and 18-carat at Rs 1,07,570 in most cities, according to Goodreturns. That is Rs 540, Rs 500 and Rs 510 more than Monday’s Rs 1,42,750, Rs 1,30,850 and Rs 1,07,060, a gain of about 0.38 per cent in 24-carat and 22-carat gold and 0.48 per cent in 18-carat gold. On a per-gram basis, 24-carat gold costs Rs 14,329, 22-carat Rs 13,135 and 18-carat Rs 10,757. The price of 10 grams of 24-carat gold is still Rs 4,150 lower than on Friday, October 16, when it stood at Rs 1,47,440, and Rs 7,690 lower than on Monday, October 12, when it stood at Rs 1,50,980, a fall of about 5.09 per cent. 

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.