Silver prices in India are grabbing attention this week as precious metal markets continue to experience sharp movements. Whether you’re planning to invest in silver, buy jewellery, or simply keep track of commodity markets, it’s important to understand the most recent rates and the factors driving them. In this article, we’ll cover today’s silver prices in India, including detailed figures from Mumbai — the country’s largest bullion market — and explore emerging trends in the market.
Silver Price Today in India
As of January 14, 2026, silver prices have risen significantly across Indian markets, with strong bullish sentiment pushing rates higher.
According to data from GoodReturns, one of India’s widely referenced commodity price sources:
- Silver Price in Mumbai Today:
🔹 ₹290 per gram
🔹 ₹2,90,000 per kilogram
(increase of ₹15 per gram and ₹15,000 per kilogram from the previous day)
Here’s how the price breakdown looks for different weights:
| Quantity | Price (₹) | Change |
| 1 gram | ₹290 | +₹15 |
| 8 grams | ₹2,320 | +₹120 |
| 10 grams | ₹2,900 | +₹150 |
| 100 grams | ₹29,000 | +₹1,500 |
| 1 kilogram | ₹2,90,000 | +₹15,000 |
Mumbai, being a benchmark for precious metal prices in India, strongly influences silver rates nationally.
Silver Price Trend: Last 10 Days (Mumbai)
Silver prices have shown significant momentum in recent weeks, marking a strong uptrend. Recent historical data indicates:
- January 13, 2026 — ₹2,75,000 per kg
- January 12, 2026 — ₹2,70,000 per kg
- January 11, 2026 — ₹2,60,000 per kg
- January 10, 2026 — ₹2,60,000 per kg
- January 09, 2026 — ₹2,49,000 per kg
This reflects a strong upward trend from early January to mid-January, pushing monthly gains to impressively high levels.
What’s Driving Silver Prices Higher?
Understanding the context behind silver price movements helps both investors and buyers:
🔹 Record High Levels
In recent trading sessions, silver hit all-time highs on MCX, with futures rising to around ₹2,81,649 per kilogram as of January 14, 2026. This followed strong international cues and rising spot prices breaking above key global thresholds.
🔹 Investor Demand & Safe-Haven Appeal
Silver’s appeal as both an industrial metal and a safe-haven asset during periods of economic uncertainty has driven increased buying interest among investors. Strong demand often pushes spot rates higher, especially when global markets experience volatility.
🔹 Seasonal and Festival Demand
In India, precious metal demand often rises during festive periods and wedding seasons, adding pressure on prices. This, combined with global trends, can amplify price movements.
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Silver Prices Across India: City Comparisons
While Mumbai frequently serves as a key benchmark, silver prices can vary slightly across different cities due to local taxes, transportation costs, and jeweller premiums. As of the latest aggregated data:
| City | 10 gm Price | 100 gm Price | 1 kg Price |
| Delhi | ₹2,750 | ₹27,500 | ₹2,75,000 |
| Jaipur | ₹2,750 | ₹27,500 | ₹2,75,000 |
| Lucknow | ₹2,750 | ₹27,500 | ₹2,75,000 |
| Ahmedabad | ₹2,750 | ₹27,500 | ₹2,75,000 |
| (Typical rates — actual may vary slightly by dealer) |
This pattern shows general consistency across major Indian cities, with Mumbai often reflecting the highest traded prices due to its position as a bullion trading hub.
Tips for Silver Buyers and Investors
Understand Price Components
The quoted silver rate represents the bullion price, but buyers should remember additional factors such as:
- GST (usually applicable on precious metal purchases)
- Making charges (in jewelry)
- Dealer premiums
Long-Term Trends
Analysts from brokerage firms have forecasted continued strength in silver prices throughout 2026, citing strong industrial demand and limited supply as key drivers.
Best Time to Buy
If buying for jewelry or gifting, consider tracking short-term price corrections to potentially get more favorable rates. Silver markets can be volatile, with daily fluctuations influenced by global economic news.
Conclusion
Silver prices in India are currently on a strong upward trajectory, with the Mumbai bullion rate touching ₹2,90,000 per kilogram on January 14, 2026. This reflects broad market confidence driven by global demand, industrial use, and investor interest. Individuals looking to invest or purchase silver jewelry should keep an eye on daily rate movements and consider local variations before finalizing transactions.
Stay updated with daily price trends and market analysis to make informed financial decisions in the dynamic world of precious metals!
Also read: Platinum Prices in India January 14, 2026