Silver rate today in Mumbai
8 November 2026 ยท Updated
Silver rate today in Mumbai (8 Nov 2026): Silver Rs 2,05,000 per kg. See the last 10 days and the 30 day trend. Compare with other cities. Updated daily.
Today's rate
Last 10 days
| Date | Silver (Rs/kg) |
|---|---|
| 7 Nov 2026 | 2,05,000 |
30 day trend
Only one day of data so far (7 November 2026: 205,000 Rs/kg). The trend line appears from the second day.
Other cities
How it is calculated
Rupees per kilogram, retail, before GST. Rates are checked every morning at 06:00 IST and again during the day when a source updates. Source: Goodreturns silver rates, 7 Nov 2026 (confirmed by Sunday Guardian, 6 Nov 2026). Rates are indicative. Check with your jeweller or dealer before you buy.
Sources: Goodreturns silver rates, 7 Nov 2026 (confirmed by Sunday Guardian, 6 Nov 2026)
Frequently asked questions
What is the silver rate in Mumbai today?
Silver costs Rs 2,05,000 per kg in Mumbai as of 7 November 2026.
What was the highest silver rate in Mumbai in the last 30 days?
The highest was Rs 2,05,000 per kg on 7 November 2026, and the lowest was Rs 2,05,000 per kg on 7 November 2026.
What decides the silver price in India?
International silver prices, the rupee to dollar rate, import duty and GST set the base price; local dealers add their margins.
Why does the silver rate differ between cities?
Transport, local dealer margins and demand differ from city to city, so retail rates vary slightly.
Is GST included in the silver rate?
No. 3% GST is added at the time of purchase.