Today Silver Rate in Mumbai (19 January 2026): Per Kg & 10 Grams
Live Silver Price Trends in Mumbai
The live silver price in Mumbai today is ₹3,05,000 per kg and ₹3,050 per 10 grams. Silver prices in Mumbai are highly volatile and track international industrial demand and USD fluctuations. Monitor our live 19 January 2026 updates for the most accurate rates.
Check today's live silver rate in Mumbai per gram, 10g and 1kg. View silver price trends, daily updates, and find the best time to buy silver in Mumbai.
Trend
| Date | Price / g | Change / g |
|---|---|---|
| 19 January 2026 | ₹305 | +₹10 (+3.39%) |
| 18 January 2026 | ₹295 | ₹0 (+0.00%) |
| 17 January 2026 | ₹295 | +₹3 (+1.03%) |
| 16 January 2026 | ₹292 | -₹3 (-1.02%) |
| 15 January 2026 | ₹295 | +₹5 (+1.72%) |
| 14 January 2026 | ₹290 | +₹15 (+5.45%) |
| 13 January 2026 | ₹275 | +₹5 (+1.85%) |
| 12 January 2026 | ₹270 | +₹10 (+3.85%) |
| 11 January 2026 | ₹260 | ₹0 (+0.00%) |
| 10 January 2026 | ₹260 | +₹11 (+4.42%) |
FAQ
How is the silver rate in Mumbai calculated?
The silver rate in Mumbai is primarily determined by international prices (COMEX), the performance of the Indian Rupee against the Dollar, and local demand. Unlike gold, silver is an industrial metal, so global manufacturing demand also impacts the price in Mumbai.
Should I buy silver in Mumbai today?
Silver is often called the "poor man's gold" and is a popular investment. If the Mumbai silver rate is currently consolidating or lower than the weekly peak, it may be a good time for bulk purchases like silver bars or utensils.
What are the different purities of silver available in Mumbai?
The most common purities in Mumbai are 999 (Fine Silver), used for coins and bars, and 925 (Sterling Silver), which is used for jewelry and silverware to ensure durability.
Are silver rates the same as gold rates in Mumbai?
No, silver is much more affordable but more volatile than gold. While both respond to inflation, silver has a higher correlation with industrial production and economic cycles in Mumbai.
Is there GST on silver in Mumbai?
Yes, just like gold, a 3% Goods and Services Tax (GST) is applicable on the total value of silver purchased in Mumbai. Making charges for silver articles also attract separate taxation.