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Smart Market Insights
Silver Price Mumbai : Today’s Rate
10 Days Silver Price Mumbai
| Date | Price (per 1 KG) | Price (per 100g) |
|---|---|---|
| Apr 19, 2026 | ₹2,75,000 | ₹27,500 |
| Apr 18, 2026 | ₹2,64,900 | ₹26,490 |
| Apr 17, 2026 | ₹2,69,900 | ₹26,990 |
| Apr 16, 2026 | ₹2,70,100 | ₹27,010 |
| Apr 15, 2026 | ₹2,54,900 | ₹25,490 |
| Apr 14, 2026 | ₹2,54,900 | ₹25,490 |
| Apr 13, 2026 | ₹2,59,900 | ₹25,990 |
| Apr 12, 2026 | ₹2,60,000 | ₹26,000 |
| Apr 11, 2026 | ₹2,60,100 | ₹26,010 |
| Apr 10, 2026 | ₹2,54,900 | ₹25,490 |
Silver Market Intelligence
Strategic analysis of industrial demand and investment cycles in the 2026 market.
Industrial Momentum
Silver is indispensable for Green Energy. In 2026, massive expansion in Solar Photovoltaic (PV) manufacturing and EV battery shielding is consuming roughly 55% of the total annual silver supply.
5G & Tech Demand
With the global rollout of 6G testing and mature 5G networks, silver’s use in high-conductivity electrical contacts and semiconductors has reached an all-time high in the electronics sector.
Structural Deficit
For the fourth consecutive year in 2026, silver demand has outpaced mining output. This “market deficit” acts as a major catalyst for long-term price appreciation in the Mumbai and Delhi retail markets.
The Gold-Silver Ratio
In May 2026, the ratio is currently hovering around 82:1. Historically, when the ratio crosses 85, silver is considered “undervalued” compared to gold, often presenting a buying opportunity for long-term investors.
Official Silver Purity Standards
| Type | Purity | Hallmark | Usage |
|---|---|---|---|
| Fine Silver | 99.9% | 999 | Investment Bars/Coins |
| Sterling Silver | 92.5% | 925 | Premium Jewelry/Cutlery |
| Silver Alloys | 80.0% | 800 | Traditional Utensils |
Wealthova Pro Tip: Unlike Gold, Silver prices can be more volatile due to lower market liquidity. For physical purchase in India, always verify the BIS Hallmark laser mark and ensure your price reflects the daily MCX (Multi Commodity Exchange) closing rate.
Frequently Asked Questions (FAQ)
What factors influence the daily Silver Price Mumbai investors see?
Why is silver considered more volatile in the Mumbai market?
How often is the Silver Price Mumbai updated on Wealthova?
Why Trust Wealthova Insights?
Institutional grade data meets retail accessibility. We simplify complex market movements into actionable intelligence.
Synchronized Data
We aggregate real-time feeds from the MCX, LBMA, and local Bullion Associations in Delhi and Mumbai to ensure 99.9% price accuracy.
Strategic Depth
Our “Smart Market” approach doesn’t just show numbers; we provide the Economic Why behind every RBI policy shift and Fed interest rate pause.
Total Transparency
From HUID Hallmark verification to 3% GST and Import Duty breakdowns, we empower you with the full technical cost structure of your investment.