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Mumbai is the centre of India's bullion trade. Zaveri Bazaar is home to the largest cluster of bullion dealers in the country, and the India Bullion and Jewellers Association, which publishes widely used benchmark rates, is based here.
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Silver Rate Today in
Live 999 fine silver prices per gram, 10 g and kg for Mumbai, Maharashtra.
per 10 g · 999 fine
With 3% GST: ₹2,165
India market rate
Spot XAG/USD$59.33
Per kg₹2,10,188
Gold : Silver70.0
Rate card · Mumbai · 13 Oct 2026
Silver coin rate in Mumbai by weight
Indian market rate including import duty. GST column adds 3%.
| Weight | 999 Fine | 925 Sterling | 999 + GST |
|---|---|---|---|
| 1 g | ₹210.19 | ₹194.62 | ₹216.49 |
| 5 g | ₹1,051 | ₹973.09 | ₹1,082 |
| 8 g | ₹1,682 | ₹1,557 | ₹1,732 |
| 10 g | ₹2,102 | ₹1,946 | ₹2,165 |
| 20 g | ₹4,204 | ₹3,892 | ₹4,330 |
| 50 g | ₹10,509 | ₹9,731 | ₹10,825 |
| 100 g | ₹21,019 | ₹19,462 | ₹21,649 |
| 500 g | ₹1,05,094 | ₹97,309 | ₹1,08,247 |
| 1 kg | ₹2,10,188 | ₹1,94,619 | ₹2,16,494 |
| 1 tola (11.66 g) | ₹2,452 | ₹2,270 | ₹2,525 |
| 1 troy oz (31.1 g) | ₹6,538 | ₹6,053 | ₹6,734 |
Local guide
Buying silver in Mumbai
Where to buy
Plus bank branches, refiners' outlets and trusted online sellers.
When Mumbai buys silver
Premiums often rise in festival weeks, so track the rate early and set an alert.
Is silver cheaper in Mumbai?
No. Import duty and GST are set nationally, so the metal rate in Mumbai is the same as in the rest of India. Price differences come from each shop's making charges and premium. Divide your quote by the weight and compare it with ₹210.19/g.
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10 g silver coin, 999
Most gifted size
Silver value ₹2,165 incl. GST
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Lakshmi Ganesh silver coin
Pooja & festivals
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50 g silver coin, 999
Gift or investment
Silver value ₹10,825 incl. GST
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More cities
Silver rate in other cities
Pune
Maharashtra
₹2,102/10 g
Ahmedabad
Gujarat
₹2,102/10 g
Nagpur
Maharashtra
₹2,102/10 g
Surat
Gujarat
₹2,102/10 g
Delhi
Delhi NCR
₹2,102/10 g
Kolkata
West Bengal
₹2,102/10 g
Chennai
Tamil Nadu
₹2,102/10 g
Bangalore
Karnataka
₹2,102/10 g
Hyderabad
Telangana
₹2,102/10 g
Jaipur
Rajasthan
₹2,102/10 g
Lucknow
Uttar Pradesh
₹2,102/10 g
Kanpur
Uttar Pradesh
₹2,102/10 g
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Answers
Silver rate in Mumbai: FAQ
What is the silver rate today in Mumbai?
Today (13 Oct 2026) the silver rate in Mumbai is about ₹210.19 per gram, ₹2,102 per 10 grams and ₹2,10,188 per kg for 999 fine silver, before 3% GST. The rate on this page updates automatically every minute.
What is the price of a 10 gram silver coin in Mumbai?
The metal value of a 10 g 999 silver coin in Mumbai is ₹2,102, or ₹2,165 with 3% GST. Jewellers usually add a making charge on top, so compare the per-gram price you are quoted with the live rate.
Where can I buy silver coins in Mumbai?
Popular places to buy silver in Mumbai include Zaveri Bazaar, Kalbadevi, Dadar and Borivali. Always ask for a bill that shows weight, purity and making charges separately, and check the BIS hallmark.
Why do silver rates in Mumbai differ from shop to shop?
The underlying silver rate is effectively the same across India because import duty and GST are set nationally. Differences in Mumbai come from each seller's making charges, premiums, packaging and buy-back terms, not from the metal itself.
What is silver called in Marathi?
Silver is called "Chandi" (चांदी) in Marathi. In Mumbai, silver coins are especially popular during Gudi Padwa, Dhanteras, Akshaya Tritiya, Ganesh Chaturthi.