Silver Rate in Mumbai Today

Silver prices in Mumbai today are Rs. 404 per gram (Rs. 4,04,452 per kg). The rate has moved up by Rs. 15 from yesterday’s price of Rs. 390 per gram. In January 2026, silver prices in Mumbai ranged between Rs. 238 and Rs. 404 per gram. Silver prices in Mumbai fluctuate daily based on global silver prices, USD-INR movement, and local taxes. Read More

Metric Value
Current Price ₹ 404 / Gram
Yesterday ₹ 390 / Gram
Price Varies Global Market + FX + Taxes
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Disclaimer: #The investment risk in the portfolio is borne by the policyholder. Life insurance is available in this product. The maturity amount of Rs 1 Cr. is for a 30 year old healthy individual investing Rs 10,000/- per month for 30 years, with assumed rates of returns @ 8% p.a. that is not guaranteed and is not the upper or lower limits as the value of your policy depends on a number of factors including future investment performance. In Unit Linked Insurance Plans, the investment risk in the investment portfolio is borne by the policyholder and the returns are not guaranteed. Maturity Value: ₹1,05,02,174 @ CAGR 8%; ₹50,45,591 @ CAGR 4%. *Tax benefits and savings are subject to changes in tax laws. All plans listed here are of insurance companies’ funds. The tax benefits under Section 80C allow a deduction of up to ₹1.5 lakhs from the taxable income per year and 10(10D) tax benefits are for investments made up to ₹2.5 Lakhs/ year for policies bought after 1 Feb 2021. Tax benefits and savings are subject to changes in tax laws.Read More

Physical & Digital Silver Prices

Gold rates in Mumbai are reaching sky high. So, people are investing the next best option, that is, silver. Physical silver is commonly bought in the form of coins, bars, and jewellery, while digital silver is purchased online and stored securely.

  • 01

    Digital silver price in Mumbai

    Rs. 404 per gram. It excludes GST.

  • 02

    Physical silver price in Mumbai

    Rs. 404 per gram. It excludes GST & making charges.

Silver Price Trend in Mumbai (January 2026)

The highest silver price in Mumbai during January 2026 was Rs. 404 per gram, while the lowest was Rs. 404 per gram.

Gram Today Yesterday
1gm ₹ 404 ₹ 390
8gm ₹ 3,236 ₹ 3,117
10gm ₹ 4,045 ₹ 3,896
100gm ₹ 40,445 ₹ 38,960
1000gm ₹ 4,04,450 ₹ 3,89,600
high returns and life cover high returns and life cover

10-Day Silver Rate Trend in Mumbai

Silver prices in Mumbai over the last 10 days show a rising, with a change of 26.76.

Date Standard Silver Rates (10 Grams)
29 January 2026 ₹ 4,045
28 January 2026 ₹ 3,896
27 January 2026 ₹ 3,733
26 January 2026 ₹ 3,640
24 January 2026 ₹ 3,499
22 January 2026 ₹ 3,188
21 January 2026 ₹ 3,191
Silver Rates in Popular Cities
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Alternatives to Physical Silver in Mumbai

Apart from physical silver, you can also go for the following trending silver investment options:

  • 01

    Digital Silver

    Buy at Rs. 404 per gram. It does not need physical handling.

  • 02

    Silver ETFs

    Returns are market-linked. Available on exchanges.

  • 03

    Silver Funds

    Managed by professional managers. Indirectly exposed to silver prices.

FAQs

What is the silver price today in Mumbai?

The silver rate in Mumbai today is Rs. 404 per gram (30 January 2026).

What is the silver rate per kg in Mumbai?

The silver price per kg in Mumbai is Rs. 404 today.

What is the price of 10 grams of silver in Mumbai?

10 grams of silver in Mumbai costs Rs. 4,045 as on 30 January 2026.

Is GST applicable on silver in Mumbai?

Yes, silver purchases in Mumbai are subject to 3% GST.

Are making charges applicable on silver jewellery in Mumbai?

Yes, making charges usually range from 5% to 25%, depending on design.

Is buying silver in Mumbai a safe investment in 2026?

Silver is considered a relatively safe investment option in 2026 due to steady industrial and investment demand.

Silver Rate Today
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#Silver prices shown on this page are for informational purposes only. [Source: Rapid API]. Prices are subject to change based on market conditions and may vary at different times of the day.

*Returns as on 10th Jan'25. 18% returns for Tata AIA Life Top 200 for the last 10 years.The past performance is not necessarily indicative of future performance. Source: Morningstar

*T&C Applied.

Claude
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