Silver Rate Today: Is Chandi Cheap or Expensive?
Today’s chandi price in India, live, with a clear answer on whether silver is cheap or costly right now.
Comparing today’s rate with the last 12 months and with gold.
How We Decide Cheap or Expensive
1. Today vs the last 12 months
Where today’s rate sits between the cheapest and the costliest day of the past year.
2. Silver vs gold (gold-silver ratio)
How many ounces of silver one ounce of gold buys. A high ratio means silver is cheap compared to gold.
This verdict is a price-position check, not a buy or sell tip. Silver can stay cheap or expensive for months.
Chandi Rate Today: Silver Price Per Kg, 10 Gram, 1 Gram and 1 Tola
The cost of silver today for 999 fine silver bullion, the purity used for bars and coins. These are today’s silver market rates in India, before making charges. Need the chandi 1 kg price today? It is the last row of the table.
| Weight | Without GST | With 3% GST |
|---|
Jewellers add making charges on top. Delhi rates usually match the national benchmark; some southern cities trade slightly higher.
Silver Price Calculator
How the Silver Bullion Price Is Worked Out
India imports most of its silver, so the local rate starts from the international price in dollars per troy ounce. It is converted to rupees and kilograms, then import duty and GST are added.
| Step | Value |
|---|---|
| International spot silver (USD per troy oz) | — |
| USD to INR | — |
| Value per kg before duty (1 kg = 32.15 troy oz) | — |
| Import duty | — |
| Silver rate per kg, without GST | — |
| GST at 3% | — |
| Silver rate per kg, with GST | — |
Indicative rate. Your jeweller’s price can differ by a few hundred rupees per kg because of dealer premium and local levies.
Silver Rate FAQ
Is silver cheap or expensive today?
The verdict at the top of this page answers it. It checks where today’s rate sits in its 12-month range and compares silver with gold using the gold-silver ratio.
What is the gold-silver ratio?
It is the number of ounces of silver you can buy with one ounce of gold. Over the last 25 years it has mostly moved between about 50 and 90. A high ratio means silver is cheap compared to gold; a low ratio means silver is expensive.
What is the chandi price today?
Today’s chandi price per kg is shown at the top of this page. The table gives the price of chandi today for 1 gram, 10 gram, 1 tola, 100 gram and 1 kg, with and without 3% GST.
What is the MCX silver price today?
MCX Silver and Silver Mini futures trade on the Multi Commodity Exchange from 9 AM to late night. The MCX silver rate stays close to the jeweller rate on this page but is not the same, because futures include carrying cost until expiry.
Is GST charged on silver in India?
Yes. Silver attracts 3% GST. Jewellery also attracts 5% GST on the making charge.
What is the 1 tola silver price today?
One tola is about 11.66 grams. The 1 tola silver price is listed in the table above, and you can pick “tola” in the calculator for any amount.
Want to trade silver, not just track it?
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