Silver Rate on July 21: Prices steady; check how much you have to pay for 1kg 999 silver

Despite sharp gains in the international market, silver prices in the Indian retail market were unchanged on Tuesday (July 21, 2026). According to GoodReturns.in, silver was priced at ₹1.35 lakh per kg.

Over the last ten days, silver prices have shown little to no movement in the domestic markets. The likely steadiness may be the result of the interplay of domestic and global factors. Also, steady domestic industrial demand has kept any major price movement in check in the precious white metal.

According to Senco Gold's silver price today of ₹2,41,000 per kg, a customer will have to pay a total of ₹2,73,053 for buying 1 kg silver. This includes 10% making charge and 3% GST.

Factors influencing silver rate in India

In line with the sharp gains internationally, silver prices on the MCX climbed today. On the MCX, silver September futures' traded with gains of 1.84% or ₹4,023 at ₹2,22,423 per kg.

Analysts are of the belief that fresh positions by investors in the metal drove prices higher.

Spot silver traded with gains of 4.4% at $58.88 per ounce, while the US silver futures traded close to the psychological mark of $60, with gains of 3.72%.

Along with short covering, geopolitical sentiment concerning speculation around diplomatic efforts to ease US-Iran conflict also influenced safe-haven appetite.