Silver Rate in Mumbai City Today (19th September, 2025)

Today, Silver rate in Mumbai City is ₹1,375.32 per 10 grams, ₹13,753.23 per 100 grams & ₹137,532 per 1 KG.

If you're planning to invest in Silver (jewelry, coins, and bars), it's crucial to have the most up-to-date information about the daily Silver rate in Mumbai City. Keeping track of daily Silver prices can help you in better investment.

What Impacts Silver Prices in India? Factors to Keep in Mind

Silver has long held a special place in Indian households, whether as a store of value, an investment choice, or in the form of jewellery, utensils and industrial use. Like gold, it is considered a safe-haven asset, but unlike its yellow counterpart, silver also has a strong industrial demand, which makes its price movement more dynamic. For investors, jewellers and even everyday buyers, understanding what drives silver prices in India can help in making informed decisions.

1.Global Spot Prices and Dollar Movement
2.Rupee-Dollar Exchange Rate
3.Industrial Demand and Technological Uses
4.Investment Demand and Safe-Haven Appeal
5.Import Duties and Domestic Taxes
6.Inflation and Interest Rates
7.Festive and Cultural Demand
8.Global Economic and Geopolitical Events

Silver prices in India are shaped by a combination of global trends and local dynamics—from international spot prices and currency movements to cultural demand and government policy. For investors and buyers, keeping an eye on these factors can provide better clarity on price movements. While silver remains a volatile asset compared to gold, its dual role as both a precious and industrial metal ensures that it will continue to play a vital role in India’s investment and cultural landscape.