Silver Rate Today, May 11: What is the price of 1 kg 999 silver?

In the retail market, price of silver remained steady on Monday (May 11, 2026). In the National Capital (Delhi), 1 kg of silver is priced at ₹2.75 lakh per kg.

For the last few days, the price of the white metal is seeing no change.

The stagnancy in price in the retail market may be as jewellers are not able to match rates with the sudden and dramatic fall in the white metal. In early 2026, silver prices climbed past ₹4 lakh per kg mark very swiftly.

Senco Gold: 1 kg 999 purity silver will cost ₹3,22,905 per kg ( the rates are inclusive of GST and making charges)

Joyalukkas: 20 gm silver bar costs ₹6,576.

Factors influencing silver rate today

Silver prices continued to increase on the MCX despite a decline in the gold prices. This is largely given the higher demand for the white-metal. Alongside, concerns over its supply are also keeping rates higher.

At around 10:23 am, silver July futures were up 0.15% or ₹397 at ₹2,62,319 per kg.

Meanwhile, silver futures in the US traded with a cut of 0.02% at 80.848.

So, currently even as gold market is reacting to global uncertainties, silver prices are largely governed by market dynamics i.e. demand and supply factors.