Silver Price in India Stabilizes at ₹2.50 Lakh/kg Amid Global Market Volatility
The price of silver in India has stabilized at around ₹2.50 lakh/kg as of September 23, 2026. The domestic price quote for silver on this day is ₹249.90 per gram or ₹2,49,900 per kg.
In the international market, the price of silver was quoted at around $67.89 per ounce, while in another live international market reference, it was quoted at $67.61 per ounce.
The value of silver has been affected by the rupee-dollar parity and changes in interest rates in the United States. The US Fed rate hike has impacted the price of gold as well, with a decline of 0.4% to trade at $4,325.03 per ounce on September 22.
The Indian market is still vulnerable to changes in international prices, and buyers should be cautious when making purchases. It's essential to verify the dealer's live quote and consider factors like purity, weight, and other applicable costs before buying silver or gold.