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Today Silver Rates In Delhi

09 Jun 2023

silver rate today india


( Per Gram )

silver price today


1 Kg

Silver Price TodaySilver Rate YesterdayChange(%)
1 gram74.0271.822.97%
10 gram74022718242.97%

Silver Rates In Delhi for Last 90 Days

09 Jun 2023

Date1 gramBar Silver 1KG
2023-06-09₹ 74.02₹ 74,022
2023-06-08₹ 72.82₹ 71,824
2023-06-07₹ 72.94₹ 71,943
2023-06-06₹ 72.82₹ 71,823
2023-06-05₹ 72.92₹ 71,922
2023-06-04₹ 72.97₹ 71,970
2023-06-03₹ 72.98₹ 71,976
2023-06-02₹ 73.64₹ 72,636
2023-06-01₹ 72.03₹ 72,028
2023-05-31₹ 71.68₹ 70,681
2023-05-30₹ 71.95₹ 70,953
2023-05-29₹ 71.06₹ 71,058
2023-05-28₹ 71.14₹ 71,138
2023-05-27₹ 71.14₹ 71,138
2023-05-26₹ 70.92₹ 69,916
2023-05-25₹ 70.20₹ 70,198
2023-05-24₹ 72.70₹ 71,700
2023-05-23₹ 72.09₹ 72,094
2023-05-22₹ 73.77₹ 72,773
2023-05-21₹ 73.05₹ 73,051
2023-05-20₹ 73.99₹ 72,992
2023-05-19₹ 72.65₹ 71,653
2023-05-18₹ 72.29₹ 72,286
2023-05-17₹ 72.34₹ 72,339
2023-05-16₹ 73.24₹ 73,245
2023-05-15₹ 73.14₹ 73,139
2023-05-14₹ 73.81₹ 72,815
2023-05-13₹ 73.86₹ 72,864
2023-05-12₹ 73.85₹ 72,848
2023-05-11₹ 77.85₹ 76,853
2023-05-10₹ 78.64₹ 77,636
2023-05-09₹ 77.32₹ 77,322
2023-05-08₹ 77.48₹ 77,476
2023-05-07₹ 78.56₹ 77,555
2023-05-06₹ 78.56₹ 77,555
2023-05-05₹ 79.87₹ 78,872
2023-05-04₹ 78.07₹ 78,068
2023-05-03₹ 76.49₹ 76,491
2023-05-02₹ 75.29₹ 75,290
2023-05-01₹ 75.49₹ 75,493
2023-04-30₹ 76.69₹ 75,691
2023-04-29₹ 76.69₹ 75,691
2023-04-28₹ 75.34₹ 75,338
2023-04-27₹ 75.35₹ 75,355
2023-04-26₹ 76.93₹ 75,929
2023-04-25₹ 76.46₹ 76,460
2023-04-24₹ 76.83₹ 75,827
2023-04-23₹ 76.05₹ 76,047
2023-04-22₹ 76.05₹ 76,047
2023-04-21₹ 77.67₹ 76,667
2023-04-20₹ 77.08₹ 77,080
2023-04-19₹ 76.46₹ 76,463
2023-04-18₹ 76.77₹ 75,769
2023-04-17₹ 77.81₹ 76,811
2023-04-16₹ 77.81₹ 76,811
2023-04-15₹ 77.75₹ 76,750
2023-04-12₹ 73.63₹ 72,626
2023-04-11₹ 73.63₹ 72,626
2023-04-10₹ 73.63₹ 72,626
2023-04-09₹ 73.63₹ 72,626
2023-04-08₹ 73.63₹ 72,626
2023-04-07₹ 73.63₹ 72,626
2023-04-06₹ 73.63₹ 72,626
2023-04-05₹ 73.63₹ 72,626
2023-04-04₹ 69.75₹ 68,750
2023-04-03₹ 69.75₹ 68,750
2023-04-02₹ 69.75₹ 68,750
2023-04-01₹ 69.75₹ 68,750
2023-03-31₹ 69.75₹ 68,750
2023-03-30₹ 69.75₹ 68,750
2023-03-29₹ 69.75₹ 68,750
2023-03-28₹ 69.75₹ 68,750
2023-03-27₹ 69.75₹ 68,750
2023-03-26₹ 69.75₹ 68,750
2023-03-25₹ 69.75₹ 68,750
2023-03-24₹ 69.75₹ 68,750
2023-03-23₹ 69.75₹ 68,750
2023-03-22₹ 69.75₹ 68,750
2023-03-21₹ 66.90₹ 65,902
2023-03-20₹ 66.90₹ 65,902
2023-03-19₹ 66.90₹ 65,902
2023-03-18₹ 66.90₹ 65,902
2023-03-17₹ 66.90₹ 65,902
2023-03-16₹ 66.90₹ 65,902
2023-03-15₹ 66.90₹ 65,902
2023-03-14₹ 67.56₹ 66,564
2023-03-13₹ 62.22₹ 62,224
2023-03-12₹ 62.22₹ 62,224
2023-03-11₹ 62.26₹ 62,264
2023-03-10₹ 61.01₹ 61,006

Historical Price of Silver Rate In Delhi

Trend of Silver Rate in Delhi for June 2023 (Rates per gram for 1Gram / 1Kg Silver)

Silver Rates1 gram1 Kg
June 1st Rate74.0274,022
June 9th Rate72.0372,028
Highest June Rate74.0274,022
Lowest June Rate72.8271,823

Trend of Silver Rate in Delhi for May 2023 (Rates per gram for 1Gram / 1Kg Silver)

Silver Rates1 gram1 Kg
May 1st Rate71.6870,681
May 31th Rate75.4975,493
Highest May Rate79.8778,872
Lowest May Rate70.9269,916

Trend of Silver Rate in Delhi for April 2023 (Rates per gram for 1Gram / 1Kg Silver)

Silver Rates1 gram1 Kg
April 1st Rate76.6975,691
April 30th Rate69.7568,750
Highest April Rate77.0877,080
Lowest April Rate69.7568,750

Trend of Silver Rate in Delhi for March 2023 (Rates per gram for 1Gram / 1Kg Silver)

Silver Rates1 gram1 Kg
March 1st Rate69.7568,750
March 31th Rate63.3063,302
Highest March Rate69.7568,750
Lowest March Rate61.7860,775

Trend of Silver Rate in Delhi for February 2023 (Rates per gram for 1Gram / 1Kg Silver)

Silver Rates1 gram1 Kg
February 1st Rate63.2763,271
February 28th Rate72.5771,573
Highest February Rate73.5872,579
Lowest February Rate63.2763,271


Silver has been an attractive investment option for Delhiites. The primary reason for the huge demand for silver in Delhi is the city’s huge population. A sizable portion of the nation’s silver demand comes from the city of Delhi. People love to invest in silver in every form, like utensils, coins, silverware, etc.

Delhi has long been the driver of silver price in India. Most middle- income families love investing in this metal despite the constant fluctuations in silver prices. In recent times, there has been an average increase of 6.49% in prices of silver as global demand and supply regularly fluctuates. However, the price of silver in Delhi has gone down despite the global price rise. The present silver rate in Delhi is largely attributed to a dip in overseas demand.

Silver is currently seeing a heavy demand specifically in the industrial sector. Thus, prices may well go up in the near future, considering the high demand that is expected to continue. Read on to find out more about this precious metal which is demanded across Delhi and the reasons behind the same.

Why is Silver Sought After in Delhi?

Delhi’s population is constantly on the rise, and despite the income disparity among different strata of society, silver has always remained in heavy demand. The price of silver in Delhi tends to influence the silver prices in the entire nation. The Delhi silver demand comes from almost all categories of households in the society, be it the middle class or the lower-income groups.

To delve back into the history of silver demand in Delhi, since the onset of inflation, more and more people started investing in silver mainly to set aside savings. The rate of silver started seeing a spike primarily because more people began investing in it over the years.

Most investors in Delhi prefer to buy silver in physical form. The metal is sold in Delhi in varied forms including silverware, coins, jewellery, etc. The metal also sees heavy trading on exchanges run by authorised bodies.

Investment in Silver – Is it a Good Idea?

If you are wondering whether investing in silver is a good idea, here are a few pointers that will help clarify your doubts:

  • Silver is easy to own and has a hassle-free selling process
  • Silver is cheap as compared to other precious metals like gold
  • Silver coins and silverware are attractive investments and can be passed on to future generations
  • Silver bars and coins can be easily bought and sold
  • Silver can be easily liquefied to get instant cash 
  • As compared to bank accounts or stocks, silver is a tangible asset which can even be used when bought in certain forms
  • Investors can choose the quantity of silver that they want to buy

Forms of Silver Investments

Physical Silver: Silver jewellery, silver ornaments and silverware are some of the forms of physical silver investments. Silver jewellery is very popular with Indian women since gold jewellery is unaffordable for many. Silver jewellery, including rings, necklaces, earrings, bracelets, are some of the preferred variants. Silverware is normally used for gifting purposes and can be styled as utensils. Silverware is also part of the traditional Hindu culture and is therefore preferred in many households. It is easy to purchase silver from jewellery stores, or even from authorised dealers in the city.

Silver Contracts: Silver contracts are offered by the Multi Commodity Exchange (MCX) and National Commodities and Derivatives Exchange (NCDEX). The contracts are for silver of different purities, like 999 and 995 purity. Silver contracts can be bought for various weights. Silver is generally priced and sold in units of 1 kg as base weight.

Silver Coins and Bars- Silver bars and coins are forms of silver investment which can be stored and used in future. For people who want to use a large amount of silver in the future, it makes sense to invest in silver bars today. Silver bars have higher purity standards and weight as compared to silver coins. They are also more cost-effective in comparison to silver coins. These can be easily stored because of their shape and size.

Silver coins also retain their characteristic value and gain value over time. Silver coins are very popular among people because of the high silver content in most forms of silver and also because their value increases over time.

Places to Buy Silver in Delhi

People who are looking to buy silver in Delhi can approach some of the certified jewellers offering hallmark jewellery. Some of the reputed and established jewellers in Delhi include Gandaram Jewellers, Ram Jewellers, PC Jewellers, Prince Jewellers, Rama Krishna Jewellers, Mehrasons, Jewellery Mart, Tanishq etc.

A lot of people also find it comfortable to buy silver from local jewellers, since they offer the precious metal at far lesser making charges as compared to the reputed brands.

Things to Consider Before Investing in Silver

Silver jewellery is preferred by a lot of investors due to its affordability, durability and wide variety of silver designs available in the market today. However, it is important to check the metal’s purity before purchasing it in any form. This reduces the chances of any kind of fraud and a higher resale value can be fetched for the metal in the future. Here are some of the points to note before investing in silver:

  • The best form of silver is sterling silver and is made up of .925 or 925. This indicates 92.5% purity of the silver. A lesser purity range will not have the same shine and lustre.
  • Always look for a purity stamp on the silver.
  • Exchanging old silver jewellery for new is also one of the options to stay within budget.
  • Make sure to check the return policy with the jeweller or silver store.
  • In case it is being bought online, ensure that the dealer is well-established. Ensure to check the day’s rates before making the purchase.

Silver Price Fluctuations in Delhi

Silver rates in Delhi have recently started moving in the same direction as the international market prices. Due to the recent international rally, there had been a sharp spike in silver rates in Delhi. However, the movement has slowed down in the past few days despite changes in global prices of silver.

It has been observed in the last 12 months that the metal has had a steady trend when it comes to prices. In the current market scenario, which is highly impacted by Covid-19 pandemic, many people are avoiding investment in physical silver. Instead, they are buying it from MCX, since silver contracts bought from the exchange are likely to have better returns in the short run. It is also ideal since it does not require any physical storage and there is no risk of theft attached.

People Also Ask Silver Rate Delhi

1. How is the silver rate calculated?

Daily silver price is calculated using various factors including crude oil prices, economic events, geopolitical scenario, dollar value, commodity prices, industrial demand, policy changes on import and export, etc.

2. Do the silver prices keep changing?

Yes, silver prices keep changing on a daily basis. The frequency and rate of change could differ based on various movements in economic factors and government policy changes.

3. How can I fetch the best silver prices in Delhi?

For getting the best silver rates in Delhi, you must compare the prices offered by different silver jewellers and sellers. This will help you gauge the best quality silver and find the best rates which you would like to buy at.

4. What are the factors to keep in mind while buying silver in Delhi?

Always ensure to check for the quality of silver apart from the prices while buying the precious metal. It is the quality which will fetch you higher resale value in the future.
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