Silver Rate Today, April 27: How much you have to pay for silver across cities in India

Silver price in India today (April 27, 2026) remains unchanged. On Monday, the precious white metal is quoting at ₹2.77 lakh per kg. Over the last 10 days, silver prices have declined around by ₹15,000 from ₹2.92 lakh scaled on April 18.

Similar to gold, which is available in various purity levels, silver as per BIS hallmark mandate recognizes seven grades of silver. The grades are represented in parts of silver per thousand (fineness) and range between 800 and 999.

Senco Gold: 1 kg of 999 purity silver will cost ₹3,09,309 (prices are inclusive of making and GST charges)

Joyalukkas: 20 gm silver bar is selling for ₹6,229

Why silver prices fell today?

Silver prices are swinging between gains and losses. On the MCX, silver futures for May traded with mild weakness. At around 10:49 am, silver futures were down 0.04% or ₹97 at ₹2,44,539 per kg.

In intraday deal, the low and high prices hit have been ₹2,43,253 and ₹2,45,473 per kg.

Silver futures, meanwhile, traded with a cut of 0.74% at $75.8 per ounce.

Silver prices have taken a hit as firmness in the dollar and rising crude oil price continued to weigh on the white metal.

Also, investors are closely eyeing the Fed meet outcome due mid-week, as any development in the interest rate stance, inflation, shall play a crucial role in determining gold and silver price rate.