Today's Silver Rate
Live MarketReal-time silver prices in India (INR) for Fine and Sterling Silver.
Live Silver Rates (India)
Currency: INR (₹)
Updating...
| Weight | Fine Silver (99.9%) Industrial/Bars |
Sterling (92.5%) Jewellery/Tableware |
|---|---|---|
| Fetching live market data... | ||
*Rates exclude GST (3%) and Making Charges. Prices derived from International Spot Silver (XAG).
Silver Price Chart (Live)
Currency Impact
Silver as an Investment
Silver is often called "the poor man's gold," but it plays a critical role in both investment portfolios and industry. Unlike gold, silver has massive industrial demand in electronics, solar panels, and batteries, making its price more volatile and responsive to economic growth.
Why Buy Silver?
- Affordability: Much cheaper accessible entry point than gold.
- Industrial Demand: Growing green tech sector (solar/EVs) drives consumption.
- Hedge: Acts as a store of value against inflation.
Frequently Asked Questions
What is Sterling Silver? +
Sterling Silver is an alloy of 92.5% silver and 7.5% other metals (usually copper). Pure silver is
too soft for functional objects, so sterling is the standard for jewellery and tableware.
Does Silver attract GST? +
Yes, just like Gold, Silver attracts a 3% GST on the value. Making charges are
extra for jewellery items.
Why does Silver turn black (tarnish)? +
Silver tarnishes when it reacts with sulfur in the air (hydrogen sulfide). This black layer is
silver sulfide. It is natural for genuine silver to tarnish, but it can be cleaned easily with
polish.
Which form of Silver is best for investment? +
For investment, **Silver Bars (Fine Silver 999)** are best due to lower making charges and higher
purity compared to jewellery or coins. Digital Silver is also gaining popularity for ease of
storage.