Silver Price Trend in Mumbai This month
| Date | Price / g | Change / 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%) |
Today’s prices
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
Taxation on Silver
Checklist Before Buying
2. For bullion (coins/bars), ensure 999 purity.
3. Verify weight carefully as silver is often sold in larger quantities.
This month Price Range and Volatility for Silver in Mumbai
During This month in Mumbai, silver prices moved between a low of ₹285 and a high of ₹315 per kg. This summary offers Mumbai investors a clear view of the silver market’s momentum and price stability.
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.
Live analysis of silver prices This month in Mumbai. Compare the highest and lowest silver rates reached this This month with daily volatility data.
Silver Rate in Other Cities
FAQ
How does the This month silver average compare to the previous cycle in Mumbai?
Silver in Mumbai has seen a 10.53% volatility shift This month, largely driven by international industrial demand and global silver ETF movements.
When was the best time to buy silver in Mumbai this This month?
The lowest silver rate in Mumbai during this This month was recorded at ₹285 per kg. Investors often look for these "dips" to enter the market.
Is silver more volatile than gold in Mumbai on a This month basis?
Generally, yes. Because silver has a smaller market and significant industrial use, its This month fluctuations in Mumbai tend to be sharper than gold’s.
What factors might change the silver trend in Mumbai next This month?
Keep an eye on the US Dollar strength and local festival demand in Mumbai. These factors often dictate whether the next This month will see a price hike or a correction.