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Commodities

Silver Price Drops by 0.44% Amid Firm Dollar and High Crude Oil Prices

Guavy AI Editorial Team
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Oil Silver
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The silver price in India has declined by 0.44% from its previous close. As of September 29, 2026, the price of 1 gm of silver is ₹226, and the price of 1 kg of silver is ₹226,070. The 10 gm silver rate is at ₹2,261.

The silver prices in India are influenced by international spot silver rates, US dollar fluctuations, and import duties on silver among other factors.

Analysts expect silver prices to remain range-bound due to a firm US dollar and high crude oil prices. The Federal Reserve's hawkish stance is also expected to keep the white metal within a specific range. Retail investors are advised to track both domestic and international trends before making buying decisions.

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