Silver Rate in Mumbai: Last 10 Days Price History

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Trend graph
Low: ₹285High: ₹315
₹320₹310₹300₹290₹28124 February 202605 March 2026
DatePrice / gChange / g
05 March 2026₹285₹0 (+0.00%)
04 March 2026₹285-₹10 (-3.39%)
03 March 2026₹295-₹20 (-6.35%)
02 March 2026₹315+₹20 (+6.78%)
01 March 2026₹295₹0 (+0.00%)
28 February 2026₹295+₹10 (+3.51%)
27 February 2026₹285₹0 (+0.00%)
26 February 2026₹285₹0 (+0.00%)
25 February 2026₹285₹0 (+0.00%)
24 February 2026₹285-₹15 (-5.00%)

Today’s prices

Updated: 06 Mar 2026, 01:35
Silver
₹0
₹285 / g
1kg: ₹2,85,000

Disclaimer: Rates are indicative and may vary by jeweller. Making charges, wastage and GST (3%) may apply.

Silver Investment Guide for Mumbai

Industrial Use & Jewelry
Silver in Mumbai is widely used for payals (anklets), utensils, and idols. Unlike gold, silver prices are more volatile due to industrial demand.
Taxation on Silver
Physical silver purchases attract 3% GST. Like gold, selling within 3 years incurs STCG tax, while LTCG applies after 3 years.
Checklist Before Buying
1. Look for 925 Sterling Silver mark for jewelry.
2. For bullion (coins/bars), ensure 999 purity.
3. Verify weight carefully as silver is often sold in larger quantities.

Recent Silver Price Movements in Mumbai (10 Day Analysis)

Over the last 10 days, the silver price in Mumbai reached a high of ₹315 and a low of ₹285 per kg. Monitoring this 10-day silver history is essential for buyers in Mumbai to understand market volatility and timing.

Mumbai is the reference point for silver pricing in India — the Multi Commodity Exchange (MCX), which sets the national silver benchmark, operates from Mumbai. Zaveri Bazaar in Mumbai trades significant volumes of 999 fine silver alongside gold, with some of India's most competitive wholesale silver rates. Retail buyers can check the MCX daily settlement price as a baseline; reputable Mumbai dealers typically add 0.5–1.5% above the MCX rate for standard 100g bars and 1kg bars.

Track the silver rate trend in Mumbai for the last 10 days. View daily price fluctuations, high/low records, and silver price history in Mumbai.

Silver Rate in Other Cities

FAQ

What caused the silver price in Mumbai to change over the last 10 days?

Silver rates in Mumbai are influenced by international industrial demand, global mining supply, and the fluctuation of the Indian Rupee. Being an industrial metal, silver often reacts differently than gold to market news.

Is the 10-day silver history for Mumbai updated daily?

Yes, our Mumbai silver price history is updated every day to reflect the most recent closing rates from the bullion market.

Should I look at the 10-day or 30-day silver trend in Mumbai?

For small silver purchases like coins or jewelry in Mumbai, the 10-day trend is sufficient. However, for industrial buyers or large silver bar investors, the 30-day history provides a better view of the price cycle.

What was the peak silver price in Mumbai in this 10-day period?

According to our data, silver touched its highest point of ₹315 per kg in Mumbai within the last 10 days.

Can I use this silver history for tax purposes in Mumbai?

While our rates are highly accurate, they are intended for informational and research purposes. For official tax or legal valuations in Mumbai, please consult with a certified professional.