₹1,80,249/kg
₹1,802/10 g
Down −₹1,615−0.89%vs 1 Nov
Details: Silver Tuesday · 3 Nov 2026 · India
Silver rate today in Mumbai
Bhavflow’s indicative rate today: 999 silver ₹1,80,249 per kg, ₹1,802 per 10 g, excluding GST and making charges. This is one national rate, not a Mumbai board rate; shops in Mumbai may quote slightly different prices.
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The essentials
Today's rates
Mumbai · national indicative rate · 999 silver per kg (per 10 g below)
Today’s rates · 3 Nov
Benchmark rate: Bhavflow’s silver rate is a national benchmark for 999 fine silver, calibrated to IBJA benchmark rates. Jewellers and retail sites usually quote above this benchmark (making, margin, local premium).
IBJA benchmark, 3 Nov 2026
| Purity | AM | PM |
|---|---|---|
| Gold 999 (24K), per 10 g | ₹1,38,118 | – |
| Gold 995, per 10 g | ₹1,37,565 | – |
| Gold 916 (22K), per 10 g | ₹1,26,516 | – |
| Gold 750 (18K), per 10 g | ₹1,03,589 | – |
| Silver 999, per kg | ₹1,77,300 | – |
PM rates are not published yet.
Source: India Bullion and Jewellers Association (ibjarates.com). Benchmark rates excluding GST and making charges, published twice a day; Bhavflow’s own rate is in the cards above.
Before you buy: Indicative rate, excludes 3% GST and making charges. How we calculate
Silver price by weight
999 fine silver at Bhavflow’s national indicative rate, excluding GST and making charges.
| Weight | Silver 999 |
|---|---|
| 1 gram | ₹180 |
| 10 grams | ₹1,802 |
| 100 grams | ₹18,025 |
| 1 kilogram | ₹1,80,249 |
Silver rate in Mumbai: last 10 days
999 silver per kg at Bhavflow’s national indicative rate, excluding GST; change vs the previous day.
| Date | Silver / kg | Change (Silver / kg) |
|---|---|---|
| 3 Nov 2026 | ₹1,80,249 | Down −₹1,615−0.89% |
| 1 Nov 2026 | ₹1,81,864 | Up +₹496+0.27% |
| 31 Oct 2026 | ₹1,81,368 | Down −₹76−0.04% |
| 30 Oct 2026 | ₹1,81,444 | Down −₹8,988−4.72% |
| 29 Oct 2026 | ₹1,90,432 | Down −₹7,028−3.56% |
| 28 Oct 2026 | ₹1,97,460 | Down −₹1,481−0.74% |
| 27 Oct 2026 | ₹1,98,941 | Up +₹870+0.44% |
| 26 Oct 2026 | ₹1,98,071 | Down −₹857−0.43% |
| 25 Oct 2026 | ₹1,98,928 | Up +₹568+0.29% |
| 24 Oct 2026 | ₹1,98,360 | Up +₹216+0.11% |
Chandi ka bhav Mumbai: what the rate means here
Chandi ka bhav Mumbai mein: Zaveri Bazaar dealers follow the bullion market through the day, so the rate for 999 bars and coins can move between morning and evening, while suburban jewellers usually change their board once or twice a day. For bars and coins, ask for the premium over the day's rate; for jewellery, ask for the making charge per gram.
Buying silver in Mumbai
Mumbai’s Zaveri Bazaar in Kalbadevi is the country’s best-known bullion market for silver as well as gold: dealers sell 999 silver bars and coins, and manufacturers and retailers sell silver jewellery, utensils and puja articles. Suburban showrooms sell branded 925 jewellery.
Because bullion trades in Mumbai, local silver dealers tend to quote close to the IBJA silver benchmark, which is shown on this page next to Bhavflow’s rate. Bars and coins carry a small premium over the metal rate; jewellery carries making charges.
What to check
- Purity: 999 for fine silver bars and coins, 925 for sterling jewellery; ask for it on the bill.
- Hallmark: voluntary for silver. Since 1 September 2025 BIS offers HUID-based silver hallmarking (BIS mark, SILVER, purity grade, 6-digit HUID), verifiable in the BIS CARE app.
- Price: net silver weight × rate, plus making charges, plus 3% GST. Ask how the shop buys silver back.
Silver rate in Mumbai: FAQ
Mumbai mein purani chandi kahan bechein?
Many Zaveri Bazaar dealers and local jewellers buy old silver. They test the purity, pay on the fine-silver weight at close to the day's rate minus a small deduction, and may ask for ID. Get two or three quotes and ask how the purity was tested.
Is the silver rate in Mumbai close to the IBJA rate?
Usually, because the bullion market is here. IBJA publishes silver 999 per kg twice a day, excluding GST; Bhavflow calculates its own national rate from international prices, so the two are close but not identical.
What should I check when buying silver bars or coins?
Purity (999), weight, the refiner’s or seller’s mark, tamper-proof packing and a GST invoice. When selling back, expect the buyer to deduct a little from the rate.
Why do jewellers and shopping sites quote a higher silver price than Bhavflow?
Bhavflow’s silver rate is a national benchmark for 999 fine silver (international price, USD–INR, import duty and an estimated domestic premium calibrated to IBJA benchmark rates), excluding GST. Jewellers and retail sites usually quote above this benchmark (making, margin, local premium), and 3% GST is added on the bill. Bhavflow does not show a retail price, because it differs from shop to shop.
Mumbai mein chandi ka bhav aaj ka kya hai? (silver rate today in Mumbai)
Chandi ka bhav aaj ka, today’s silver rate, is at the top of this page: Bhavflow’s national indicative rate for 999 silver per kg and per 10 grams, excluding GST and making charges. The IBJA silver 999 benchmark (AM and PM) is shown next to it for comparison.
More rates
Simple numbers. Clear assumptions. 🌿
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