Silver rate today in Mumbai: ₹2,20,829 a kg
Silver rate today in Mumbai: ₹2,20,829 per kg (₹220.83 per gram, ₹2,208 per 10 grams). Source: IBJA silver 999 closing (PM) benchmark of 1 October 2026, without 3% GST and making charges.
IBJA closing (PM) rate of Thu, 1 Oct 2026. Last updated 08:50 IST. Source and method
IBJA does not publish rates on Saturdays, Sundays and its listed holidays, so the latest working day's rate is shown.
Indicative rate for Mumbai, based on the IBJA benchmark; local jewellers add making charges and may differ slightly. There is no official per-city silver rate feed, so we do not add made-up city premiums.
Silver, 1 gram
₹220.83
+0.18%
Silver, 1 kg
₹2,20,829
+₹394
7 day change
-3.25%
-₹7,419 / kg
30 day change
-4.16%
-₹9,590 / kg
Silver rate in Mumbai by weight
| Weight | Today | Previous working day | Change |
|---|---|---|---|
| 1 g | ₹220.83 | ₹220.44 | +₹0.39 |
| 10 g | ₹2,208 | ₹2,204 | +₹4 |
| 100 g | ₹22,083 | ₹22,044 | +₹39 |
| 1 kg | ₹2,20,829 | ₹2,20,435 | +₹394 |
Today vs previous working day
Silver is up by ₹394 per kg (+0.18%) compared with the IBJA closing rate of Wed, 30 Sep 2026 (₹2,20,435).
On 1 October 2026 the opening (AM) rate was ₹2,21,954 and the closing (PM) rate ₹2,20,829 per kg.
In the last 30 days (21 trading days) silver ranged from ₹2,20,435 on 30 Sep 2026 to ₹2,36,908 per kg on 18 Sep 2026.
Gold to silver ratio
67.1 grams of silver per gram of 24K gold
Computed from today's IBJA rates: 24K gold ₹14,814 per gram divided by silver 999 ₹220.83 per gram.
1 year change: not enough stored history yet (our IBJA silver data starts 4 Jun 2026).
Silver rate chart
Silver rate in Mumbai for the last 30 days
| Date | Silver (1 kg) | Change | Per gram |
|---|---|---|---|
| Thu, 1 Oct 2026 | ₹2,20,829 | +₹394 | ₹220.83 |
| Wed, 30 Sep 2026 | ₹2,20,435 | -₹1,165 | ₹220.44 |
| Tue, 29 Sep 2026 | ₹2,21,600 | -₹1,453 | ₹221.60 |
| Mon, 28 Sep 2026 | ₹2,23,053 | -₹9,297 | ₹223.05 |
| Fri, 25 Sep 2026 | ₹2,32,350 | +₹4,102 | ₹232.35 |
| Thu, 24 Sep 2026 | ₹2,28,248 | -₹4,518 | ₹228.25 |
| Wed, 23 Sep 2026 | ₹2,32,766 | -₹156 | ₹232.77 |
| Tue, 22 Sep 2026 | ₹2,32,922 | -₹2,070 | ₹232.92 |
| Mon, 21 Sep 2026 | ₹2,34,992 | -₹1,916 | ₹234.99 |
| Fri, 18 Sep 2026 | ₹2,36,908 | +₹7,266 | ₹236.91 |
| Thu, 17 Sep 2026 | ₹2,29,642 | -₹1,695 | ₹229.64 |
| Wed, 16 Sep 2026 | ₹2,31,337 | +₹2,596 | ₹231.34 |
| Tue, 15 Sep 2026 | ₹2,28,741 | -₹179 | ₹228.74 |
| Fri, 11 Sep 2026 | ₹2,28,920 | -₹4,722 | ₹228.92 |
| Thu, 10 Sep 2026 | ₹2,33,642 | -₹1,607 | ₹233.64 |
| Wed, 9 Sep 2026 | ₹2,35,249 | +₹1,423 | ₹235.25 |
| Tue, 8 Sep 2026 | ₹2,33,826 | +₹2,176 | ₹233.83 |
| Mon, 7 Sep 2026 | ₹2,31,650 | -₹3,806 | ₹231.65 |
| Fri, 4 Sep 2026 | ₹2,35,456 | +₹2,923 | ₹235.46 |
| Thu, 3 Sep 2026 | ₹2,32,533 | +₹4,137 | ₹232.53 |
| Wed, 2 Sep 2026 | ₹2,28,396 | -₹2,023 | ₹228.40 |
| Tue, 1 Sep 2026 | ₹2,30,419 | -₹6,780 | ₹230.42 |
| Mon, 31 Aug 2026 | ₹2,37,199 | -₹6,693 | ₹237.20 |
| Fri, 28 Aug 2026 | ₹2,43,892 | +₹4,392 | ₹243.89 |
| Thu, 27 Aug 2026 | ₹2,39,500 | -₹3,459 | ₹239.50 |
| Wed, 26 Aug 2026 | ₹2,42,959 | +₹1,111 | ₹242.96 |
| Tue, 25 Aug 2026 | ₹2,41,848 | -₹3,543 | ₹241.85 |
| Mon, 24 Aug 2026 | ₹2,45,391 | -₹1,239 | ₹245.39 |
| Fri, 21 Aug 2026 | ₹2,46,630 | +₹8,864 | ₹246.63 |
| Thu, 20 Aug 2026 | ₹2,37,766 | +₹8,541 | ₹237.77 |
Full silver price history with monthly highs, lows and averages.
Silver rate in Mumbai: local information
Mumbai is in Maharashtra. The BIS list has 83 operative assaying and hallmarking centres in Mumbai City and Mumbai Suburban districts, listed below, where you can get jewellery tested. We track 50 cities in Maharashtra.
Across Maharashtra, the BIS list has 204 operative hallmarking centres in 27 districts, the most in Mumbai City (58). The closest cities with their own silver rate page are Navi Mumbai (15 km), Thane (16 km), Borivli (18 km). Silver in Mumbai today is ₹2,20,829 per kg (₹220.83 per gram), the IBJA benchmark of 1 October 2026; local dealers add making charges and GST.
Where to get jewellery tested in Mumbai
The BIS list of recognised assaying and hallmarking (A&H) centres has 83 operative centres with an address in Mumbai City and Mumbai Suburban districts (list checked 06:44 IST, 4 Oct 2026). BIS says any consumer can get hallmarked jewellery tested for purity at a recognised A&H centre for a testing charge of ₹200.
| Centre | Address | Recognised for |
|---|---|---|
| ACCURATE HALLMARK CENTRE | UNIT NO. 54, Ajay Mittal Indl.Premises Ltd, ANDHERI KURLA ROAD, Marol Naka,Star Plus Office, Andheri East, Mumbai, Mumbai Suburban, Maharashtra, 400059, MUMBAI SUBURBAN, MUMBAI SUBURBAN, MAHARASHTRA ,400059 | Gold & Silver Both Hallmarking |
| AKANSHA HALLMARK CENTRE PVT LTD | 11,12 &13, 2ND FLOOR PLOT-23/25, KAVI NIRAV LANEOLD SATTA GULLY COTTON EXCHANGE KALBADEVI, MUMBA, MUMBAI CITY, KALBADEVI, MAHARASHTRA ,400002 | Yellow Gold Hallmarking |
| AKANSHA HALLMARKING CENTRE | GROUND FLOOR, 14A,14B, RIZVI CHEMBAR, HILL ROAD ,NEAR JAIN MANDIR,BANDRA WEST,MUMBAI-400050., MUMBAI SUBURBAN, MUMBAI SUBURBAN, MAHARASHTRA ,400050 | Yellow Gold Hallmarking |
| ASMAYE ASSAYING AND HALLMARKING CENTRE | First Floor, E-3, Plot No. 15, WICEL Compound,MIDC Central Road, Andheri (East),, MUMBAI SUBURBAN, MUMBAI SUBURBAN, MAHARASHTRA ,400093 | Gold,White Gold Nickel based,Silver Hallmarking |
| BLUE LOTUS HALLMARK CENTRE | Unit No. 3, 1st Floor , Plot No. 11C, Thakkar Ind.Estate, Mascare, NAHS Road Old Anjir Wadi, Mazgaon, MUMBAI CITY, MAZGAON, MAHARASHTRA ,400010 | Gold Hallmarking |
| BOMBAY ASSAY COMPANY | 14A, PAPERBOX, OFF MAHAKALI CAVES ROADANDHERI EAST, MUMBAI CITY, ANDHERI EAST, MAHARASHTRA ,400093 | All Gold Hallmarking |
| BRD Hallmarkings | A/201, 2nd Floor, Dwarkesh Co-op. Hsg. Soc. Ltd,L.T. Road, Borivali west, MUMBAI SUBURBAN, MUMBAI SUBURBAN, MAHARASHTRA ,400092 | Yellow Gold Hallmarking |
| Bombay Assay Company Private Limited | No -103,104,105,106 Floral Deck Plaza15A/15B, MIDC Central Road, Andheri East, MUMBAI CITY, ANDHERI EAST, MAHARASHTRA ,400093 | Yellow Gold,White Gold Nickel based,Silver Hallmarking |
| CHHATTISGARH HALLMARKING CENTRE | 1ST FLOOR, RAJ SADANRUIA BUILDING KALABADEVI, MUMBAI CITY, SEWRI, MAHARASHTRA ,400002 | Yellow Gold Hallmarking |
| DIVINE HALLMARK CENTRE | 2ND FLOOR, UNIT NO. 207, NEW INDIA INDUSTRIALESTATE, MAHAKALI CAVES ROAD, ANDHERI EAST, MUMBAI CITY, ANDHERI EAST, MAHARASHTRA ,400093 | Gold Hallmarking |
| DIVINE HALLMARK CENTRE | 2ND FLOOR, UNIT NO. 207, NEW INDIA INDUSTRIALESTATE, MAHAKALI CAVES ROAD, ANDHERI EAST, MUMBAI CITY, ANDHERI EAST, MAHARASHTRA ,400093 | Gold Hallmarking |
| DK HALLMARKING AND ASSAYING CENTRE | R:8/9, DHOBI GHAT, SAFOORABAI CHAWLDR. BABASAHEB AMBEDKAR ROAD, PAREL, MUMBAI CITY, PAREL, MAHARASHTRA ,400012 | Yellow Gold Hallmarking |
Showing 12 of 83. The full list is on the BIS MANAK portal.
Silver rate in nearby cities
- Silver rate in Navi Mumbai (15 km)
- Silver rate in Thane (16 km)
- Silver rate in Borivli (18 km)
- Silver rate in Bhayandar (26 km)
- Silver rate in Panvel (26 km)
- Silver rate in Bhiwandi (31 km)
- Silver rate in Ulhasnagar (32 km)
- Silver rate in Kalyan (33 km)
Also see the gold rate in Mumbai and the silver rate in India.
Related
Frequently asked questions
What is the silver rate today in Mumbai?
Silver 999 is ₹2,20,829 per kg, or ₹220.83 per gram, as per the IBJA closing (PM) rate of 1 October 2026, before GST and making charges.
What is the price of 10 grams of silver today?
10 grams of silver 999 at the IBJA rate is ₹2,208, before GST and making charges.
How much GST is charged on silver jewellery?
GST on silver jewellery is 3% of the total transaction value, including making charges, as clarified in the CBIC FAQ on gems and jewellery.
What silver purities can be hallmarked in India?
According to BIS, IS 2112:2014 permits hallmarking of six silver grades: 800, 835, 900, 925, 970 and 990.
When is the silver rate updated?
IBJA publishes opening (AM) and closing (PM) rates on working days, not on Saturdays, Sundays or its listed holidays. We check for new rates every 15 minutes during the business day.
Sources: IBJA rates, CBIC FAQ on gems and jewellery, BIS hallmarking FAQ.